News
American Re acquires United National.
American Re is to expand its US domestic insurance holdings through the purchase of the United Natio...
Good Swiss Re results built on investments.
Good investment returns boosted Swiss Re's earnings by almost 50% to SFr 2.6bn ($1.7bn) for the firs...
Continuing catastrophes destroy US profits.
The pressures on US property and casualty insurers from mounting underwriting losses, weak premium g...
Sirius buys Kemper Europe.
Kemper Europe Re of Belgium is to become part of Swedish reinsurer Sirius. Sirius' parent, ABB, i...
Cologne Re pays dividends out of reserves.
Despite plunging into the red with a DM 61.1m ($32.7m) loss after tax in the 1998 calendar year, the...
No US buy for Gerling.
The Gerling Group is unlikely to proceed with its mooted acquisition of a US reinsurer, a spokesman ...
Lloyd's attracts CNA.
CNA Maritime has moved its International Underwriting Association of London account, handling claims...
Annuities make better nest eggs.
The use of annuities to partly replace lump sum damages is growing in popularity in the UK, says Keith Sankey.
Appointment at Sampo Insurance.
Jorma Poyhonen has been appointed managing director of the Sampo run-off companies, ST International...
Appointment at CNA (Europe).
Rob Wadey has joined CNA Insurance (Europe) as casualty underwriting manager, writing commercial lia...
Bermuda exchange closes.
Suspension of trading on the Bermuda Commodities Exchange will have little impact, because there was...
They talk tough but could still act soft.
Once again reinsurers are claiming that they will emerge from their recent difficulties by taking a tougher approach to renewals at Baden-Baden, reports Eric Alexander.
Bulletproof cover.
In unstable areas, commercial markets are offering cover where state-run schemes fall short. Adrian Leonard reports.
Two reinsurers face $200m lawsuit.
American Re and Bermuda's Inter-Ocean Re are facing a $200m lawsuit in California alleging fraud and...
ARTistic development.
David Fanning discovers whether non-traditional (re)insurance has a place in the world's developing markets.
$1bn pollution P&I scheme.
The fixed-premium protection and indemnity market has received a boost from a new oil pollution prod...
Appointment at Trans Re Zurich.
Albin Reichmuth (above, right), head of Trans Re Zurich and reinsurance veteran of 35 years, retired...
Zurich stays stable.
The Zurich Group's reinsurance operating profit in the half year to the end of June fell by 20.8% to...
Lights still set at red in eastern Europe.
With competition increasing and growing concerns over the solvency of local insurers, reinsurers should approach eastern Europe with caution, warns Larissa Knepper.
A tentative diagnosis.
While Argentina's healthcare structure leaves doctors vulnerable to malpractice claims, many still rely on protection funds for support. Mauricio Kitaigorodzki reports.
Back to basics.
It seems to be time for insurers and reinsurers to reassess the products they offer and the services...
Stay on the right track, IUMI urges.
Any substantial increase in marine rates is unlikely before mid-2000 and could take even longer, acc...
Appointment at SCPIE Companies.
Timothy Rivers, former managing director and a member of the US operating committee of Guy Carpenter...
Appointment at Benfield Greig.
Reinsurance intermediary Benfield Greig Group has announced the appointment of Bill Staple to the bo...