News
WR Berkley groups adds to the capital of its reinsurance business.
The US-based WR Berkley group added £35m to the capital of its reinsurance business Berkley Insuranc...
Arch Capital sets share offering price
The Bermudian insurance and financial services company Arch Capital is to sell a previously-anounced ...
Insurers create terror risk carrier
Six of the world's largest (re)insurers have created a company to write European property terrorism c...
New (re)insurer Axis gets $400m of credit
New Bermudian (re)insurer Axis Specialty has agreed $400m of revolving credit with a syndicate of len...
Scor sells stake in Coface to NBP
French reinsurer Scor has sold its 35.26% stake in credit insurer Coface to Natexis Banques Populaire...
Hannover Re securitises cat risk
German reinsurer Hannover Re has completed its so-called 'K3' transaction to securitise catastrophe ...
Moody's confirms syndicate 2020 rating
Rating agency Moody's has confirmed its 'A1' (good) insurance financial strength rating of Lloyd's sy...
UK unwilling to expand Pool Re.
The UK government has told the British insurance sector and business at large that they must prove a...
Ace and XL Capital establish a chair.
Bermudian groups Ace and XL Capital have put up $3m to establish a chair in risk management and insu...
Rule Britannia.
The Commercial Court recently held that the English courts had the right to rule on three actions disputing bodily injury claims. John Butler examines its conclusions.
Offshore aims.
Reinsurers in Hong Kong's highly competitive and saturated market should look offshore for growth, says Clarence Wong.
Airline terror cover stays up in the air.
Uncertainty surrounded the future of aviation (re)insurance as Reinsurance went to press, with many ...
The city3k Debt Exchange has been rebranded.
The city3k Debt Exchange has been rebranded on its first anniversary as the Run Off Centre. The serv...
Olympus Re reveals more.
Further details have been revealed about new Bermudian reinsurer Olympus Re (Re, March 2002, p6). ...
Bruce Connell is retiring from XL Capital.
Bruce Connell is retiring from his position as executive vice-president and group underwriting offic...
Out with the old, in with the new.
Bermuda's World Insurance Forum not only gave the market's leaders the opportunity to air their views, it also - inadvertently - offered an insight into the changing shape of the market. Janina Clark reports.
Thanks and goodbye.
Would the last chief executive to leave please turn out the light? It's spring in the northern he...
Risk financing takes off.
Last September's terrorist attacks have led to aircraft manufacturers and operators paying more attention to risk. Martyn Apsey suggests a financial approach that can boost capital.
All change at Axa Group.
Jean-Marie Nessi, chief executive of Axa Corporate Solutions, has left the Axa Group. Paris-based...
11/9 doubles year's losses.
Insured losses from the 11 September terrorist attacks on New York and Washington total $30-58bn, Swi...
Fasten your seat belts.
The terrorist hijackings on 11 September last year were a wake-up call to loss-making (re)insurers. Many people can expect a bumpy ride, says Vic Wyman.
Clean up on claims.
For (re)insurers seeking to ease the bureaucracy of asbestos-related recoveries, an excess of loss reinsurance administration system developed for the London market could be a good investment. Adrian Leonard talks to its creator, Gavin Blem.
Gerling Global Re faces uncertainty over future.
The fate of Gerling Global Re (GGRe) remained unclear as Reinsurance went to press, following the an...
Appointment at Transamerica Re.
Transamerica Re has appointed Peggy Ettestad chief operations officer. She has spent the last 24 yea...