News
Max Re makes Grand entrance.
Privately-owned Bermudian company Max Re Capital and Bayerische Hypo- und Vereinsbank (HVB) of Germa...
Trenwick to sell shares.
(Re)insurer Trenwick is to sell up to $400m of shares, warrants and contracts to raise money for use...
Appointment at Swiss Re Financial Products.
Swiss Re Financial Products in New York has appointed Frank Ronan, a former head of structured credi...
Europe ups income 8%.
The European insurance industry increased its income by 8% in 2000 to EUR788bn, following a 10.2% in...
Life support.
The Japanese life market may be volatile but Axa is not regretting its decision to take over Nippon Dantai. Jeremy Golden reports.
Tokio story.
Jeremy Golden finds that Japan's leading non-life insurer, Tokio Marine and Fire, has been reassessing its approach to reinsurance as it faces up to deregulation of the local insurance market.
"Do or die" at Lloyd's.
The Lloyd's chairman Sax Riley has told Lloyd's members that he is embarking on a "do or die" reform...
Expensive earthquake in Japan.
Japan's Marine and Fire Insurance Association has released figures showing that the Richter 6.4 Geiyo...
Appointment at American Re.
William Fischer has joined American Re's brokered group as senior vice-president for property busine...
Extremes do have value.
Adrian Leonard delves into extreme value theory modelling, which might be just the thing to predict the most unlikely events when pricing high-level excess of loss contracts.
Points of reference.
John Butler considers a case in which a European jurisdiction could not be assumed, despite the words of the contract.
Axa group sets up in New York.
The France-based Axa group has set up a New York aviation underwriting operation that opened for bus...
Lloyd's to hold auction.
Lloyd's will hold the first auction of underwriting capacity for the 2002 year of account on 4-5 Sep...
Shortlisted for Award.
Aon and JLT Risk Solutions have been shortlisted for the Lloyd's-sponsored Reinsurance Broking Initi...
CMGL buys Lambourn.
Claims Management Group (CMGL), which provides reinsurance management and other (re)insurance servic...
Appointment at Gerling Global Re Corp. of America.
Charles Troiano, the chairman and chief executive of Gerling Global Re Corp. of America has left the...
AM Best produces first rating for syndicate.
Rating company AM Best has produced its first rating for a Lloyd's syndicate, marking a further step ...
AIG plans to open at Lloyd's.
American International Group (AIG) is to set up an underwriting syndicate at Lloyd's backed by £100m...
Appointment at Employers Re Corp.
Employers Re Corp. (ERC) has appointed Larry Hunter-Blank specialty segment leader and Cliff Dunigan...
The big country.
Adrian Leonard reveals that US business has proved increasingly important for Lloyd's, even in the soft markets of recent years.
Non-life gets a shake-up.
Japan's non-life market has had its fair share of problems; deregulation, a spate of natural disasters, increased car theft and much more. However, Jeremy Golden sees some signs for optimism.
Alleghany rethinks Lloyd's.
Alleghany Underwriting's syndicate 376 at Lloyd's is likely to follow the 29% loss in the 1998 year ...
Odyssey Re shares.
An initial public offering of 26% of the shares of Odyssey Re raised about $308m on the New York and...
Wise in deal with Acord.
E-commerce standards organisation Wise is to transfer its standards work to the insurance and financ...