News
BRIC: bodyshop warning.
The joint organisation set up to find evidence of alleged market distortions in the relationship bet...
Directory site launch for www.insurance-broker.biz.
Business-to-consumer website www.insurance-broker.biz is launching its directory site after three y...
Compensation payments for collapsed insurers set to soar.
Compensation payments for collapsed insurers are expected to soar this year and may force the Financ...
Hodgdon heads Transamerica Re in Dublin
Rick Hodgdon of Transamerica Re of the US has been appointed executive managing director of the group...
Scor drops into large loss in 2001
The French reinsurer Scor made a Euro 278m loss in 2001 compared with a Euro 59m profit the year befo...
Benfield analysis to use RMS hazard models
Reinsurance broker Benfield Blanch is to use natural hazard modelling software produced by Risk Manag...
Fadden replaces Duffy at St Paul Re
Jerome Fadden, 44, has taken over from the retiring James Duffy as chief executive of St Paul Re. H...
FSA looks for new full-time head
The Financial Services Authority, which revealed last month that is was on the look out for a number ...
Minister gives industry six weeks over asbestos compensation delays
The insurance industry has been given six weeks to provide "evidence of significant progress" over c...
Safeco buys Swiss Re's medical excess of loss book
US insurer Safeco is to acquire Swiss Re's medical excess of loss and group life insurance business f...
Catex sells through Online Re
Catex, the New York-based catastrophe risk exchange, has arranged to sell its products through Austra...
CICA's rating under review by Moody's
The A1 (good) insurance financial strength rating for Combined Insurance Company of America (CICA) co...
Swiss Re has strongest chance of survival in finance sector
Swiss Re is the fittest company in the financial services and insurance markets, according to researc...
Homer and Philip head up Folgate Partnership
Andy Homer, former chief executive of Axa Insurance UK, and Tim Philip, formerly of Benfield Group, h...
Odyssey Re is reorganising its London market division.
Odyssey Re is reorganising its London market division. It currently underwrites business in London t...
Second cash call for Names.
Syndicates at Lloyd's are asking for £564m ($799m) from their corporate and private members in the s...
City must mend its ways.
Recent research by Cambridge University's Centre for Business Research suggests that London's position as the leading (re)insurance centre is far from secure. Pravin Jeyaraj reports.
Lloyd's Japan moves authority.
Lloyd's Japan, the agency that holds the Lloyd's licence in Japan, is moving its underwriting author...
Fair beginning to work on possible reinsurance pool.
The Federation of Afro-Asian Insurers & Reinsurers (Fair) is beginning work on a possible reinsuranc...
Storm causes estimated $265m property damage.
A storm that ravaged US states from Oklahoma to New York from 30 January to 1 February caused an est...
Rates increase for P&I clubs.
Marine mutual protection and indemnity (P&I) clubs were expected to win rate increases of 20-30% in ...
ART is appreciated more.
As rates harden and capacity dries up some captives are showing renewed interest in more exotic risk transfer methods. Will any boost in ART business just be temporary, asks John Sanders.
Appointment at Swiss Re UK.
Ruurd de Fluiter (pictured) will take over from Martin Albers as chief executive of Swiss Re UK in J...
Congress is clear.
In the second part of their review of the emergency Air Transportation Act, Peter Chaffetz and Fred Reinke find that arbitration cannot easily be sidestepped.