News
News in brief.
Egypt is studying recommendations by Morgan Stanley and JP Morgan/Fleming-CIIC for the sale of its f...
Reanalysis - Petrobras - Sinking lifts offshore risk.
The sinking of the world's largest semi-submersible oil platform will have a dramatic effect on the ...
News in brief.
Michael Watson takes over from Pierre Croizat this month as chairman and chief executive of Trenwick...
The best of both worlds.
Swiss Re's innovative combination of two years of reinsurance cover with an index-based securitisation makes both the California Earthquake Authority and investors happy, says Markus Schmutz.
Partial support for INdeR deal.
Many Argentinian insurers owed money by the state-owned reinsurer Instituto Nacional de Reaseguros (...
Avoiding the courts.
With demand for non-traditional reinsurance solutions increasing, Richard Spiller identifies the legal and regulatory issues to watch out for.
Righting wrong weather.
Dr Alan Punter says that, increasingly, corporations are turning to the capital markets to secure co...
Lloyd's goes for rethink.
Lloyd's has set up a group of senior market figures to review its future strategy. Headed by Lloyd's...
The art of the city.
Over the past decade, Dublin has proved to be the ideal base for several leading non-traditional (re)insurers. Adrian Leonard listens to some of the top players describe its charms.
News in brief.
Employers Re has bought CyberComp from Reliance Insurance for an undisclosed sum. CyberComp will quo...
Rocket science is difficult.
For most (re)insurers space is less the last frontier than a hole where profits should be. Vic Wyman goes boldly in search of the future for space cover.
US to relax foreigner rule.
European reinsurers should from June find it easier to operate in the US following a recommendation ...
Lloyd's predicts £1.1bn loss.
Lloyd's expects to make a loss of at least £1.11bn ($1.6bn) for the 1999 year of account, following ...
ERC to cut 500 jobs.
GE Employers Re Corp. (ERC) is cutting over 500 jobs worldwide as part of a major restructuring. ...
Hannover Re sets up new reinsurer
Hannover Re has set up a new reinsurance subsidiary in Bermuda to write catastrophe business on a wor...
Cracking down.
As Dublin toughens up its regulation and supervision, Adrian Leonard advises (re)insurers to keep abreast of developments.
News in brief.
A UK parliamentary committee criticised heavily UK insurers over their approach to genetic testing a...
News in brief.
Sumitomo Marine Re (Europe) has been given a 'AA' (very strong) rating by Standard & Poor's. The whol...
Aviation rates start to rise.
The aviation insurance market made a loss for the fourth consecutive year in 2000, according to Grah...
Before and after.
The House of Lords has found that the duty of utmost good faith varies depending on the stage of negotiations between insurer and client, but John Butler (below) discovers that uncertainty still surrounds post-contractual duty.
Between the lines.
Jean-Jacques Henchoz tells Janina Clark how his finite reinsurance unit at Swiss Re is bridging the gap between traditional and non-traditional covers.
Willis goes public once again.
Willis, the UK (re)insurance broker taken private by buyout specialist Kohlberg Kravis Roberts (KKR)...
Zurich casts off reinsurer.
Zurich Financial Services is to spin off its subsidiary Zurich Re, which it describes as "an odd ma...
Appointment at Comite Europeen des Assurances.
Daniel Schante has been appointed secretary general and chief executive of the Comite Europeen des A...