News
PCC for Ace.
Ace Bermuda and UK-based broker Willis are setting up a protected cell company (PCC) in Guernsey. Ac...
S&P predicts further gloom.
Europe's reinsurers averaged a combined ratio of 131% on their global results in 1999, according to ...
One cover or many?
Specialised cover for internet risks is offered by primary insurers, but some reinsurers expect the market to divide further. Cameron Andrews looks to the future of cyber-liability.
Q1 loss for Stirling.
Bermuda-based broker Stirling Cooke Brown has reported a net loss of $1m for the first quarter of 20...
Internet code for Bermuda.
Bermuda is to introduce a code of conduct for internet businesses next month. The code will apply...
ING acquires ReliaStar Re.
ReliaStar Re of the US is to be bought by ING, the Dutch banking and insurance group, as part of ING...
Rival bid for Limit.
Limit is keeping its options open following QBE Insurance Group's recent bid for the Lloyd's-based i...
Scor shuffles managers.
Scor has announced a reshuffle of its senior managers as part of a reorganisation of its group funct...
Voice of dissent.
Lord Justice Waller disagreed with the majority view in a recent credit insurance case before the Court of Appeal. John Butler looks at both the views of the dissenting judge and the majority verdict.
London looks at reforms.
Proposed reforms to London's procedures and standards were circulated to the market last month. T...
Time to keep talking.
Despite their obvious intelligence when it comes to matters reinsurance, there are individuals, comp...
Everest open in Bermuda.
The Everest Re Group has appointed a chief executive for its new Bermuda-based reinsurer, Everest Be...
OECD list on hold.
The Organisation for Economic Co-operation and Development (OECD) has postponed its plans to publish...
Catch for Swiss Re.
Liz Catchpole (pictured) has joined Swiss Re Life & Health in the UK as chief financial officer. Ms ...
Haag to leave PartnerRe.
Herbert Haag, chief executive of PartnerRe, has advised the group's shareholders that he plans to re...
Hannover converts shares.
Hannover Re is converting all its shares into fully paid, listed shares, requiring its shareholders ...
Insurers look at Drake book
At least six insurance companies have approached the liquidators at failed motor insurer Drake with a...
Swiss Re sets up UK-based e-business
A new e-commerce business is being set up in the UK by Swiss Re which will be headed up by chief exec...
Munich Re's profits hit by catastrophes
1999 was the worst year for natural catastrophe losses in Munich Re's 120-year history, the group has...
Bermuda targets Rims conference
Bermuda's insurance and reinsurance industries are to join forces to help put the island on the map a...
RSA in If rumour
Royal and Sun Alliance is considering a bid for If, the general insurance joint venture of Swedish in...
Layton Blackham in Surrey acquisition
Acquisitive broker the Layton Blackham Group has snapped up the general insurance business of Surrey-...
Mortgage insurance growth
There was a 9% increase in the take-up of mortgage insurance in the last six months of 1999, followin...
ERC combines Canadian p&c portfolio
US-based Employers Re (ERC) is to combine its Canadian property and casualty (p&c) operations in an a...