News
Appointment at American Re.
American Re has strengthened its brokered business by appointing Richard McConnell (left) as chief f...
Results in brief - XL Capital.
XL Capital made an underwriting loss of $91.5m on its reinsurance business in 2000 on gross premiums...
On the move.
As the General Insurance Corporation's monopoly finally comes to an end, India's reinsurance market is undergoing fundamental restructuring. Adrian Leonard reports on a market in transition.
Munich Re streamlines structure.
Another of the big reinsurers, Munich Re, is to carry out a major restructuring of its central opera...
Appointment at GE Re.
Karen Pachyn (right) has joined GE Re as chief actuary. She will be based at the Lincolnshire, Illin...
Fast track for EU reforms.
The prospect of reinsurers being able to trade more freely around the European Union (EU) has moved ...
Aggregation aggravation.
It can be difficult to decide whether losses can be aggregated but important when it comes to deductibles, says John Butler.
News in brief - Guernsey's protected cell companies.
Guernsey's protected cell companies can now be used more widely, including for securitisation vehicl...
News in brief - Life business in central and eastern Europe.
Life business in central and eastern Europe has been growing at 17.4% a year and non-life by 7.6% a ...
Results in brief - Scor.
Scor, France's largest reinsurance group, increased its premium income for 2000 by 14.5% to EUR3458m...
News in brief - HDI Reinsurance (Ireland).
Rating company Standard & Poor's has given HDI Reinsurance (Ireland) 'AA-' (very strong) counterpart...
Results in brief - Renaissance Re.
Renaissance Re of Bermuda recorded a 21% return on equity for 2000 as operating earnings per share g...
Appointment at Lloyd's.
John Coldman, chairman of Benfield Greig, and Bronek Masojada, chief executive of Hiscox, have been ...
E-initiatives gather speed.
The importance of cultivating a convincing presence on-line has been highlighted by the number of (re)insurers which have recently jumped on the internet bandwagon, says David Fanning.
News in brief - Bermudian (re)insurers.
Bermudian (re)insurers failed to win the tax breaks they were expecting in last month's budget. They...
News in brief - Continent IARD.
Transport insurer Continent IARD, part of the Fiat group, has taken a 6% stake in the co-insurance g...
News in brief - Unionamerica.
Standard & Poor's has lowered its long-term counterparty credit and insurer financial strength ratin...
Results in brief - Markel.
US (re)insurer Markel made a loss of $27.6m in 2000, down from a profit of $40.6m in 1999, despite m...
Gen Re sells securities arm.
General Re is to sell a controlling stake in Gen Re Securities Holdings. The derivatives and secu...
XL pays $600m for Winterthur.
Bermudian (re)insurer XL Capital is to expand significantly its property and casualty business with ...
Blanch faces lawsuits.
US reinsurance broker EW Blanch is facing two shareholder lawsuits over the massive drop in its shar...
Outlook bright for catastrophe modelling.
Gone are the days of unsophisticated catastrophe prediction. The newest software can now analyse catastrophe risk and provide wider management analyses, reports Adrian Leonard.
Munich in cat bond move.
Munich Re has arranged what it claims to be the largest ever reinsurance catastrophe securitisation,...
News in brief - Sirius International.
Sirius International has expanded in London by recruiting a trade credit and political risk team fro...