News
LPSO launch.
Lloyd's Policy Signing Office (LPSO) is to launch a central service centre in January to assist mana...
OPL completes buy.
Bermuda-based Overseas Partners has completed its acquisition of Reliance Re, which will be renamed ...
Cox exits marine market.
Lloyd's-based Cox Insurance has withdrawn from the marine market, transferring the renewal rights on...
Market drives down profit.
Good, but not good enough is the prognosis for European motor treaty markets in the coming renewal. Adrian Leonard reports.
A real trial.
Last year, Bermuda played host to one of the largest and most expensive insurance trials in history. Dorothy Cory-Wright reviews the case.
In the eye of the storm.
International reinsurers are put off by the hurricanes and other natural perils that dog the Caribbean, so efforts are being made to create a reinsurance pool and improve risk management in the region. David Renwick reports.
Island needs IT innovation.
Mark Brockmeier argues that Bermuda's risk carriers should adopt an approach to information technology as innovative and flexible as the products they sell.
Remote access.
Bermuda may be small, but the brave new world of remote software service providers could put it at the heart of (re)insurance IT. Roger Crombie reports.
Tax battle put on hold.
The threat of punitive tax regulation on US carriers ceding to Bermudian parents is far from a dead issue, says Adrian Leonard.
Weathering the storm.
While the outlook for the Bermuda (re)insurance market has improved, there are still storm clouds on the horizon. Cameron Andrews reports.
Facultative goes on-line soon.
An on-line market for trading facultative reinsurance is being tested prior to a planned launch late...
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...