News
Charles Taylor creating a loss adjusting division.
Insurance consultancy Charles Taylor is creating a loss adjusting division called CTC Services by co...
Positive player.
Wendy Baker, president of Lloyd's North America, tells Marcus Alcock that, despite the losses stemming from 11 September, she is optimistic about the future for Lloyd's in the US market.
Non-life lacks vigour.
Company collapses, failed mergers and deregulation have all hit the Japanese non-life direct market, but there are opportunities for reinsurers, reports Jeremy Golden.
Liability cover gets critical.
The reduction in terrorism (re)insurance available since last September's terrorist attacks in the U...
Many a slip ...
The first risk using London's new slip was finally placed at Lloyd's in February, but London's efforts to reform its business practices are far from complete. Pravin Jeyaraj reports.
Aliens seek US change.
Foreign reinsurers writing business in the US could be relieved of the onerous funding requirements ...
Chubb downplays interest in Lloyd's.
Marcus Alcock reports from last month's 40th Risk and Insurance Management Society (Rims) conference in New Orleans.
Stephen Riley has left CNA Re UK.
Stephen Riley, managing director of troubled reinsurer CNA Re UK, has left the company and joined Gl...
FM warns of property and casualty fall.
The property and casualty market is setting itself up for a fall, warned Ken Davey, senior vice-pres...
Arch Capital sells shares to fund its operations.
Bermudian Arch Capital has made a net $179m from the sale of 7.45 million common shares to fund its ...
Labuan Re opens branch office in Bahrain.
Malaysian reinsurer Labuan Re has opened a branch office in Bahrain for its Middle Eastern and north...
Lloyd's by numbers.
The latest statistics from Lloyd's show income from the market's traditional reinsurance lines waning and facultative premium growth far outstripping treaty. Adrian Leonard finds out what it all adds up to.
Gerling rethinks.
Gerling Global Re (GGRe) expects to announce a significant restructuring this month to enable it to ...
Appointment at Scor's.
Piotr Nowakowski will in July succeed Emmanuel Fierens as Scor's general manager in Japan. Mr Fieren...
OAMPS Insurance Brokers accredited by Lloyd's.
OAMPS Insurance Brokers has become the first Australian broker to be accredited by Lloyd's. OAMPS sp...
Lloyd's levy rise is 'good'.
Lloyd's decision to raise its premium levy on each syndicate to 2% should "weed out" the poorer unde...
Generali creates life reinsurer
Italian insurer Generali is to create a life reinsurance company from the reinsurance division of Bus...
Acquisitions boost XL Capital's Q1 premiums
Bermudian (re)insurer XL Capital has reported a net profit of $89.5m for the first quarter of 2002, a...
No Converium dividend for 2001
Converium has reported a net loss of $367.4m for 2001, up from $29.3m for 2000, and will not pay a di...
IUA announces board changes
The International Underwriting Association of London (IUA) has appointed Carl Bach, senior vice-presi...
Folgate Partnership links up with Rubicon
The Folgate Partnership has confirmed that it has entered into a strategic relationship with Link Und...
Folgate head quits
Chris Garland, managing director of Poole-based Folgate Insurance Company , which is shortly to be br...
Aon reinsurance dispute hits Q1 result
Broking giant Aon has said it will make a lower than anticipated profit in the first quarter because ...
Lloyd's seeks greater role in China
Lloyd's has begun talks with the Chinese ambassador to the UK, Ma Zhengang, to discuss the future rol...