News
PWS may go private.
Managers at reinsurance broking group PWS are considering a buyout of the company. Group managing...
French reinsurers' profits plummet.
French reinsurers saw their net result fall by almost two thirds to Fr 970m ($141m) in 1999 from Fr ...
Tightrope walker.
As chief executive of Lloyd's, Nick Prettejohn has to tread a fine line to keep all sectors of the market happy. He tells Janina Clark about his balancing act.
Taking stock of ILVs.
Integrated Lloyd's Vehicles (ILVs) have failed to be a hit with the stock market. Robert CB Miller finds out why the share prices of Lloyd's corporates have remained so low.
Premiums leap at Latin American Re.
Latin American Re increased its gross written premiums by 72% and its net earned premiums by 122% in...
S&P to start rating Lloyd's syndicates.
Rating agency Standard & Poor's has announced that it is to rate the financial strength of Lloyd's s...
Rhine Re outlook negative after buy.
Rating agency Standard and Poor's (S&P) has revised its outlooks on the Rhine Re Group and Imperial ...
An Ace division.
Bermuda-based (re)insurer Ace has set up a division to offer non-traditional insurance and finance-r...
Reinsurers' rankings are revealed.
Next month, a special issue of Reinsurance brings you exclusive rankings of 1999's top 100 reinsuran...
Strong winds of change.
Change is in the air at Lloyd's, creating optimism in the market. Cameron Andrews reports on the latest news from Lime Street.
Russian insurers disappear.
In 1998, 2334 insurers were listed in Russia's state register, but the number fell to 1532 by the be...
Search for CEO ends.
Bahrain-based Arig has appointed Udo Krueger (pictured), formerly chief executive of Allianz Re Asia...
Polygon's Ark.
Polygon, the Guernsey-based financial services group, has formed Ark Consulting, a risk management p...
A cool climate.
The Nordic markets are saturated, but rate increases following windstorm Orkan Anatol and a growing healthcare sector are keeping their (re)insurers busy. Cameron Andrews reports.
US posts poor P&C results.
The bleak situation among US property/casualty reinsurers has been demonstrated once again by new fi...
More KWELM cash.
The administrator of the scheme of arrangement for the insolvent KWELM group of insurance companies,...
Zurich rocks the boat.
The Zurich Group has reorganised its marine operations in the US, moving its headquarters from Atlan...
Wellington set to buy Limit.
Wellington looked set to acquire fellow Lloyd's insurer Limit as Reinsurance went to press. Extra...
CNA forms cat unit.
CNA Re has formed a global catastrophe unit to coordinate the underwriting and management of all its...
General & Cologne rebrand.
General Re has unveiled a single brand for its own reinsurance operations and those of its subsidiar...
Annuity acquisition.
Annuity & Life Re America has bought Capitol Bankers Life Insurance from Life Reassurance Corporatio...
Interest in annuities.
Most reinsurers have been avoiding annuity risks, but XL Mid Ocean recently reinsured annuity business for Century Life. Adrian Leonard finds out why it bucked the trend.
Hurricane season forecast revised.
Hurricane forecast guru Professor Bill Gray of Colorado State University has increased the number of...
Brown steps down.
Reg Brown, president of the Chartered Insurance Institute, is to step down as active underwriter of ...