News
The London Processing Centre.
The London Processing Centre, which processes premiums and claims for the London market, saw its inc...
Swiss Re expands in Latin America.
Swiss Re is increasing its Latin American premium income by more than a third with the acquisition o...
Networks merger under discussion.
Electronic commerce looks set to take off in the global insurance industry if talks aimed at closer ...
Maximum security cells.
As captive domiciles compete to attract companies, Guernsey's Steve Butterworth describes the benefits of the island's protected cell company legislation.
Cash offer from Exel/Mid Ocean.
Shareholders in Bermudian (re)insurers Exel and Mid Ocean will have the option of receiving cash ins...
Aon increases total revenue.
Broking giant Aon Corporation increased its total revenue by 15% to $1.6bn in the first quarter of 1...
New cargo clause.
London market cargo underwriters have developed a new clause to clarify their position on the new In...
Malloy for Stockton.
Bermudian speciality risks underwriter Stockton Re has appointed Daniel Malloy as president and chie...
New role for Gluckstern.
Steven Gluckstern, head of reinsurance with Zurich Group and pioneer of risk transfer methods, has l...
Peak challenge.
Lloyd's underwriters are providing cover for Rod Baber and his three-man team, who last month began ...
Nine into one does go.
The nine UK financial services regulators are undergoing sweeping changes that could affect reinsurers, cedants and brokers.
Uncertainty remains over Zurich deal.
The Zurich Group and the financial services arm of British American Tobacco (BAT) revealed further d...
Strike Club grows.
Mutual industrial unrest insurer The Strike Club has boosted its membership to 418 companies and inc...
International Group puts its case to the EC.
The International Group of P&I (protection and indemnity) clubs enlisted the help of Lord Donaldson ...
Policy wording becomes a drag.
When damages to insured properties accumulate unnoticed, the courts must sometimes decide where liability ultimately lies.
Tracking the Lloyd's bear.
Using SURL's premium rating indices may make it possible to find the bottom of the insurance cycle at Lloyd's, says Robert C.B. Miller.
LaSalle Re's income falls to $22m.
Bermudian reinsurer LaSalle Re's income fell to $22m in the first quarter of 1998 compared to income...
An unlawful marriage?
Travelers and Citicorp hope that their unprecedented merger will force a change in the law, says Kevin Hughes.
New Horizon.
US run-off management company ITT Nemco has set up Horizon Management with offices in the US, the UK...
Peak performance.
Switzerland's efforts to remain competitive in the global economy make it an attractive home for captives, says Hans Erik Engelbrekts.
A good time to hold an insurer captive.
The growth of captives continues as owners and managers seek new ways to take advantage of them. Hugh Rosenbaum reviews the latest developments and trends.
Bringing out the best China.
China's insurance industry is maturing fast and enticing foreign companies. Jeremy Golden reports.
Bricks and mortar.
Are equity release schemes the answer to the problems of funding care for an ageing population? Keith Sankey takes a look at what is on offer.
Lloyd's faces further profit decline.
Lloyd's chairman Max Taylor has warned that 1998 looks set to be a lean year for the Lloyd's market,...