News
SPS capital boost.
French reinsurer SPS Re, a subsidiary of Axa Re, has had its paid-up capital increased by a Fr 149m ...
Appointment at CCR.
Jean-Paul Lasserre has been appointed executive vice-president of the Caisse Centrale de Reassurance...
No way out of price spiral, says S&P.
Reinsurance rates are expected to fall by 5-10% in almost all lines of business this year, according...
Victoria profits up.
German reinsurer Victoria Re - part of Munich Re's Ergo insurance group - boosted profits from DM 3....
Appointment at Hartford.
David Robb is to head the reinsurance operations of The Hartford Financial Services Group when John ...
Cologne Re in good health.
Strong growth in life and health reinsurance business boosted the performance of German reinsurer Co...
London loses its flagship position.
Japan became the world's largest marine insurance market by premium volume in 1996, knocking London ...
King leads buyout of African broker.
Reinsurance broker Peter King has led a management buyout of Christchurch-King, the specialist Afric...
Zurich Re buyout under way.
The proposed management buyout of the Zurich Group's London reinsurance subsidiary (Re, September 19...
Canadian chill.
Reinsurers will foot the bill for two thirds of the C$1.4bn ($0.9bn) cost of last January's Canadian...
US P&C income drops as cats bare their claws.
Greatly increased catastrophe losses caused the net income of the US property casualty industry to s...
Tig Re downgraded.
US reinsurer Tig Re has had its Standard & Poor's insurer financial strength rating lowered from AA-...
Appointment at Odyssey Re.
Jan Wangard is to become chief executive officer of Odyssey Re London with effect from next year, fo...
Appointment at LPC.
Joe Knoblauch has been appointed director of finance for the London Processing Centre (LPC), where h...
Thinking global, acting local.
Adrian Ballardie, head of Axa Re UK, tells Janina Clark about his preparations for a harder UK market.
Red ink to appear in Lloyd's results.
Over a quarter of syndicates underwriting at Lloyd's stand to make losses in 1998 and 1999, accordin...
Appointment at Guernsey Financial Services Commission.
David Johnstone has been named adviser to the director of insurance at the Guernsey Financial Servic...
Hiscox opens City cafe.
Hiscox, the London-based insurer, has opened a cafe in the City featuring the works of contemporary ...
Aviation faces a long haul.
Steve Breen of Risk Capital Re sees tremendous aviation industry growth on the horizon, but wonders if insurers will profit from it.
Caring for claims with kid gloves.
Reinsurers are turning to proactive claims management to provide caring yet cost effective long-term care cover. Keith Sankey reports.
It's ART, but is it legal?
Reinsurers seeking to transfer risk to the capital markets must be aware of the potential legal pitfalls, says Hilary Evenett.
Appointment at Aon.
Paul Davies is to become chairman of Aon Re Worldwide, the reinsurance intermediary of Aon Group, on...
Aviation insurers prepare for massive claims.
Aviation insurers are preparing for massive claims following last month's Swissair crash, since Swis...
Imperial Re off to a good start.
Fledgling London market reinsurer Imperial Re made a net profit of $3.1m in 1997 - its first full ye...