News
Maritime rebranding.
UK marine cargo and transit insurer Maritime Insurance has been renamed CNA Maritime. Chicago-based ...
Sharp decline in Overseas' first quarter income.
Net income has dropped sharply for Bermudian reinsurer Overseas Partners in the first quarter of 199...
Hardy trading.
The Hardy Underwriting Group began trading last month on the London Stock Exchange. The Group, which...
Time to talk.
With moves afoot to promote mediation in the marine market, Richard Cornah extols the virtues of ADR.
Gemini departures.
Plans to set up a new Bermudian reinsurer, currently known as Gemini Re (Re, April 1999, p1), have b...
Misery loves company at the bottom of the sea.
Both marine underwriters and their shipowner clients are languishing in a serious trading slump. Alex Beatty reports.
Layers of meaning.
John Butler discusses the problems surrounding the application of aggregate extension clauses.
CLM converts to trading entity.
Quoted Lloyd's spread fund CLM is to convert from an investment company to a trading entity as its i...
Everest peaks.
Moody's has upgraded its insurance financial strength rating of Everest Re, one of the largest reins...
Heading for a revolution.
Insurers have to get the right balance between their short-term strategies and longer-term business ...
US property losses triple.
The US property/casualty industry's net underwriting losses tripled to $2.9bn in the first quarter o...
ISO goes global.
Insurance Services Office (ISO), the insurance industry information provider, has opened its first o...
Axa's new reinsurer allows French members to spread their wings.
The Axa Group is creating a new reinsurer in partnership with four French healthcare and pensions in...
New Airmic chair.
The UK's Association of Insurance and Risk Managers has elected Mark Butterworth (above) as its chai...
High worth on the high seas.
As a new generation of cruise ships takes to the water, Eric Alexander examines the potential exposures in one of shipping's few growth areas.
Labuan Re rated.
A.M. Best has assigned a 'B ' (very good) rating to Malaysian reinsurer Labuan Re. The US agency bas...
Names see red as profits are witheld.
Profit withholding under the new 'Glass Test' review of Names' solvency was the major topic of debat...
Paved with good retentions.
The Indian insurance market has maximised its retentions, but Adrian Leonard finds that everything will change when liberalisation eventually occurs.
Willis and MoD partnership.
Willis Risk Solutions has gained access to a team of over 11,000 scientists and engineers following ...
Swiss Re backs marine at Lloyd's.
Swiss Re and Chartwell Re are backing a new marine hull syndicate at Lloyd's, which will target the ...
Back to the lab.
Industry-wide research initiatives could help (re)insurers judge when media hype becomes a warning of potential liabilities. John Sanders reports.
Ace to buy Capital Re, RGB still for sale.
Ace Ltd is to add another company to its growing Bermuda-based empire with the acquisition of New Yo...
Double prediction of hurricane trouble.
This year's hurricane season is set to be more active than usual, according to predictions from two ...
French results show red.
The technical result of France's reinsurers has dipped into the red for the first time since 1994, w...