News
IAIS hopes to agree on principles.
The International Association of Insurance Supervisors (IAIS) hopes to agree global principles for t...
Rocky roads to reform.
The inadvertent theme of this issue of Reinsurance seems to be reform: from markets' efforts to cove...
Appointment at British Nuclear Insurers.
The British Nuclear Insurers pool has appointed Mark Tetley general manager and chief executive. He ...
Lloyd's loss exceeds £3bn.
Lloyd's made a loss of £3.11bn ($4.45bn) in 2001, compared with a loss of £1.2bn in 2000. The 200...
Many risk managers plan to dump insurers.
Approximately 150 US risk managers plan to change their insurer over the course of the next two years...
Challenges for the capital.
Times are tough for the London market, but it is not yet ready to relinquish its position as the world's foremost (re)insurance market. Janina Clark reports.
Aon to complete spin-off of subsidiary.
Broker Aon intends to complete the spin-off of its underwriting subsidiary, Combined Specialty, duri...
Man in the middle.
Steve McGill (right), chief executive of broker Jardine Lloyd Thompson, tells Vic Wyman that the reforms to the London market are overdue and hold no fear for the company.
Appointment at Willis.
John Horsley, managing director of Willis's aerospace division, is to succeed Martyn Hedley as chief...
Germany may cover terror.
Germany's insurance trade association expected the German government to decide by early May whether ...
Reweb - First seen on the Reinsurance website
Munich Re has reported a provisional group profit of EUR250m in 2001, a drop of EUR1.5bn from the pr...
Hurricane forecasting team predicts above average hurricane season.
Colorado State University's hurricane forecasting team has reduced its earlier storm activity foreca...
Terror writer to reveal all.
The insurer set up recently by six of the world's largest (re)insurers to write European property te...
Re-Results in brief.
RenaissanceRe, the Bermudian property catastrophe reinsurer, has reported a 94% increase in profit t...
Signs to the cycle path.
New premium rating indices published by Lloyd's should help syndicates to measure and manage the ups and downs of the insurance cycle. Robert CB Miller reports.
Hiscox covers 'quake risk.
Hiscox Syndicates has bought a $33m catastrophe bond to protect syndicate 33 from exposure to earthq...
Investors put money into reinsurer PXRe.
Three investors have put $150m into Bermudian reinsurer PXRe, raising its capital to over $500m. The...
Europeans plan rival to ICAO aviation cover.
European airlines are working on an equivalent to the US Equitime mutual scheme to provide aviation ...
Appointment at Appleby Spurling & Kempe.
Peter Bubenzer (right) succeeded Dianna Kempe as managing partner of Bermudian law firm Appleby Spur...
Life crisis prompts change.
More and more foreign companies are sniffing around Japan's life market, which has seen huge collapses and extensive restructuring. More change is on the way, says Charles Garnsworthy.
Peak performer.
Ken Taki (right) tells Jeremy Golden how Toa Re is trying to maintain its lead in Japan's rocky reinsurance market, with overseas expansion also
EC wants nuclear liability authority.
The European Commission (EC) has told the member states of the European Union (EU) that it rather th...
Discovery doubt.
Peter Chaffetz and Steven Schwartz consider further US court rulings on the power of reinsurance arbitration panels to compel third-party discovery.
Rims to boost membership to raise funds.
Christopher Mandel (above), the incoming president of Rims, plans to embark on a membership drive to...