News
New head at Willis.
UK-based broker Willis has appointed Joseph Plumeri as executive chairman and chief executive. Mr Pl...
XL to cut staff and to rebrand units.
XL Capital, the Bermudian insurance group, is to take a $100-125m charge in the fourth quarter of th...
Model-maker makes good.
Renaissance Re achieved a combined ratio of 32.7% on its catastrophe book in 1999 - one of the worst years in catastrophe history. Adrian Leonard finds out how chief executive Jim Stanard excelled against the odds.
XL Capital agree adverse development contract written by Fremont
Bermudian group XL Capital has agreed an adverse development reinsurance contract to cover workers' ...
Tyser adds accident, health and life team to special projects
Lloyd's broker Tyser has added an accident, health and life team to its reinsurance special projects...
Talking about a revolution.
Is e-business the next big thing in reinsurance or still the stuff of fantasy? PricewaterhouseCoopers and Reinsurance gathered some of the market's top executives for a lunch debate in Monte Carlo to find out. Janina Clark reports.
Aon forecast large losses from floods and landslides across Northern
At least three people died in the Swiss village of Gondo as a result of last month's heavy rains whi...
Captive segregation looks a winner.
Bermuda could have further success attracting captives following its decision to allow segregated accounts, reports Tony Dowding.
Thiele is PartnerRe chief.
Herbert Haag's successor as president and chief executive of PartnerRe is to be Patrick Thiele, grou...
Munich rebrands.
Lloyd's underwriting agent Apollo Underwriting, which manages Munich Re-backed syndicate 457, has ch...
New CFO at MRM.
Andrew Cook has joined Bermuda-based Mutual Risk Management and will take over as chief financial of...
Energy appointment.
Zurich Global Energy, the Zurich Financial Services subsidiary that provides risk management service...
AHJ expands.
Lloyd's reinsurance broker Alwen Hough Johnson is to enter the credit, surety and political risk sec...
Arig Re to offer life and health reinsurance in Arab and Afro-Asian
Arig Re, the reinsurance arm of Arab Insurance Group (Arig) of Bahrain, is to offer life and health ...
Lloyd's syndicate 529 to be transferred to Omega Underwriting Agents.
Lloyd's syndicate 529, which had its licence revoked in July (Re October 2000, p8), is to be transfe...
Signet joins sister insurer.
US-based WR Berkley is combining its Signet Star Re subsidiary with Berkley Regional Insurance to fo...
Munich Re doubles up in US life.
Munich Re has strengthened its position in the US life reinsurance market with the acquisition of th...
Rules come to the fore.
Rates might be top of most reinsurers' agenda at the moment, but regulation would seem to be making ...
China Re set to expand.
China's only reinsurer has begun to set up offices throughout the country, in advance of the arrival...
Battling over a buy-out.
A dispute over whether insurers were liable for the legal costs of a drug company hinged on the meaning of a policy buy-out. John Butler considers the case of John Wyeth v Cigna.
Lloyd's auctions.
Trading prices and volumes in this year's auctions of Lloyd's syndicate capacity were well down on l...
Jakobi to retire.
Dr Walter Jakobi, managing director of London-based Gerling Global General and Reinsurance (GGG & Re...
Tesco gets a life
Supermarket giant Tesco has entered the life insurance market selling term assurance products through...
Credit insurance market has massive potential, claims study
A study by Swiss Re has outlined a positive future for the credit insurance industry claiming many ma...