News
Judge Mance hopes for further reform.
View the pdf of this story Quarrels over reinsurance contracts had been private matters until re...
Appointment at St Paul Re.
Jerome Fadden has taken over from Jim Duffy (left) as chief executive of St Paul Re. Mr Duffy has re...
Make light work of it.
Reinsurer Converium has combined its software package Prime with Benfield Greig's ReMetrica II to create a simpler dynamic financial analysis system for optimising insurance. Adrian Leonard reports.
Late notice dismissed.
The US state of New Hampshire recently applied a New York standard for gross negligence to a late notice defence, enabling a reinsurer to avoid fulfilling its contractual obligations to the reinsured. Tracey Discepolo reports.
Enron bonds are questioned.
Reinsurers of surety bonds should take a close look at a case in New York that was sparked by the collapse of the energy giant Enron, say Peter Chaffetz and David Lindsey.
AIG sues for terror payments.
Four subsidiaries of AIG are suing their catastrophe reinsurer American National Insurance for alleg...
Thomas Tartaro is retiring from GGRCA.
Thomas Tartaro, president and chief operating officer at Gerling Global Re Corp. of America (GGRCA),...
Mould growth.
A spate of toxic mould claims in the US has alerted (re)insurers to another round of potentially fatal litigation. Patricia Vowinkel reports on the companies' responses.
Lukas Muhlemann stepping down at Swiss Re.
Lukas Muhlemann (right) will step down as deputy chairman of Swiss Re in May. Mr Muhlemann, a former...
Rising to the challenge.
When accident and health life reinsurers abandoned the workers' compensation market after 11 September, property and casualty reinsurers stepped in - but at a price. Patricia Vowinkel reports on the massive shake-up in the workers' compensation market.
Bermudian (re)insurance group Ace to raise capital.
Bermudian (re)insurance group Ace is to raise capital through the sale of $500m of 6% senior notes, ...
Offshore betting.
Tony Taylor thought starting a new reinsurer was such a good bet he named the company after his racehorse. He tells Janina Clark about the creation of new Bermudian reinsurer Montpelier Re.
Meeting in cyberspace.
Riskclick's Howard Green argues that collaborative networks and not on-line exchanges are the answer to the reinsurance industry's e-commerce needs.
Sirius's future questioned.
The run-off of Bermudian finite reinsurer Scandinavian Re has raised questions over the future of it...
Transamerica Re has expanded its presence in Asia-Pacific market.
US reinsurer Transamerica Re has expanded its presence in the Asia-Pacific life reinsurance market b...
(Re)insurance broker Heath Lambert launches new division.
(Re)insurance broker Heath Lambert has launched Heath Lambert Hybrid Solutions (HHHS), an alternativ...
AM Best withdraws its excellent rating for Danish Re Bermuda.
Rating agency AM Best has withdrawn its 'A-' (excellent) indicative financial strength rating of Dan...
Super Bowl challenger.
Rod Fox (left) hesitated about entering the world of reinsurance broking but now relishes his job as chief executive of Benfield Blanch, the US arm of the Benfield Group, says Janina Clark.
Greater security foils data thieves.
How secure is your data? Pravin Jeyaraj looks at the myriad methods and products on offer to ensure that a company's vital information is safe from tampering or attack.
Market opens to the world.
China's accession to the World Trade Organisation last September, combined with further liberalisation and economic growth, will lead to a healthy reinsurance market in China, claims Jin Jie-Wei, head of reinsurance in the Shanghai office of the state…
Am Re's international arm goes to Munich.
Jobs could be under threat at American Re after it announced the transfer of its international opera...
Appointment at Aon.
Broker Aon has appointed Steven Bensinger chief financial officer, Marshall Turner president of prop...
Safeco is to acquire Swiss Re's medical and group life business.
US insurer Safeco is to acquire Swiss Re's medical excess of loss and group life insurance business ...
Learning on-line.
Staff training remains as important as ever, particularly with increased regulation, and reinsurers ought to consider the on-line channel to cut costs and increase effectiveness. Pravin Jeyaraj reports.