News
Life losses bearable.
Last month's terrorist attacks will have a "significant impact" on the life and health (re)insurance...
Benfield delays share sale.
The privately owned reinsurance broker Benfield Greig has put on hold its plan to get in outside inve...
The right channel?
As reinsurers start to introduce program business to Europe, Adrian Leonard looks at the ups and downs of the business in its native US.
Appointment at General Re.
Joseph Brandon (below) takes over from Ron Ferguson as chairman, next June, and chief executive, thi...
State lines could fade.
Efforts to create a federal insurance regulator have divided the industry. Patricia Vowinkel talks to some of the proposal's supporters and critics.
Boost for small reinsurers.
Direct insurers will increasingly switch to smaller, independent reinsurers from consolidating giant...
S&P lowers financial strength ratings.
Standard & Poor's (S&P) has lowered its counterparty credit and insurer financial strength ratings o...
NAIC assesses insurer solvency
The National Association of Insurance Commissioners (NAIC) in the US is taking steps to ensure that s...
Asia's insurance markets expected growth.
Asia's life and non-life insurance markets are expected to grow by 8.9% and 7.9% a year respectively...
Looking back and looking forward.
Before the US terrorist attacks, Reinsurance and PricewaterhouseCoopers gathered a group of top executives in Monte Carlo for a lunch debate on the state of the reinsurance market. Janina Clark reports on a thought-provoking debate.
RenaissanceRe increases capital.
RenaissanceRe is increasing the capital and surplus of its commercial property insurance subsidiary,...
Appointment at Clarendon.
Hannover Re's executive board member Dr Detlef Steiner has been appointed president and chief operat...
Monte Carlo in mourning.
The Rendez-Vous was in full swing and reinsurers were confident of raising rates. Then came news of the terrorist attacks in the US. Janina Clark witnessed the reactions.
Benfield Greig to launch profiles.
Reinsurance broker Benfield Greig will launch by early this month what it said are detailed and easi...
Lloyd's future still unclear.
Lloyd's lead role in lines hit by the US attacks has led to concern about the stability of the marke...
US researchers predict new El Nino.
US researchers predict that a new El Nino could hit the US about the end of the first quarter next y...
Appointment at Faraday.
General Re-controlled Faraday has appointed Rolf Tolle chief underwriting officer and active underwr...
Out with the old.
Compulsory motor third party liability cover is finally becoming a staple of eastern European markets. Adrian Leonard takes a look at a driver for change.
Appointment at Employers Re.
Employers Re, part of GE, has made Mike Moncada (pictured) chief underwriting officer of its Propert...
No lead on arbitration.
John Butler considers a case that questioned whether a leading underwriter's agreement to arbitrate had to be followed by other underwriters on the slip.
Time to talk tough.
Everyone will feel the effect on rates of last month's unprecedented losses. Eric Alexander anticipates hard negotiations in Baden-Baden.
Renewals could produce a U-turn.
Adrian Leonard finds Germany's reinsurers determined to turn the market at the renewals, with the catastrophe, industrial fire and motor sectors top of their hit list.
Firms face the music.
The Australian market has been hit by bad results and serious scandals. Problems remain but change has produced some optimism, reports David Fanning.
Losses drill holes in energy sector.
Len Messenger of Zurich Global Energy, chairman of IUMI's energy and offshore committee, warned of t...