News
Pado promoted.
Michael Pado (pictured) has become president of Axa Re Life, the New York-based subsidiary of the Ax...
Sydney Re v-p.
James Haggerty has been appointed vice-president and manager of the accident and health operations o...
Jardine Lloyd Thompson benefits from ART boost.
Jardine Lloyd Thompson (JLT), the UK-based broker, has reported a 60% increase in its revenue from a...
Amlin announces profit.
Amlin has announced a profit after expenses on the syndicates of its two Lloyd's managing agencies, ...
Doomed to distinction.
QBE is one Australian reinsurer determined to avoid extinction. Bob Grant, general manager of its European Operations, tells John Sanders his strategy for success.
Watson Wyatt opens.
Consultant Watson Wyatt has launched a new insurance practice in Ireland. Michael Murphy, a senior c...
Ace sells ESIS.
Ace Europe has sold ESIS International, its marine survey subsidiary, to Cargo Solutions. Cargo Solu...
Sale of Brazil's state-owned reinsurer.
Reinsurers hoping for a stake in Brazil's reinsurance market had more than the carnival to celebrate...
Lloyd's syndicate for Copenhagen Re.
Copenhagen Re is to launch a Lloyd's syndicate later this year to write annual premiums of over £40m...
Signet Star quits Latin America.
Low rates and high losses have forced US reinsurer Signet Star Re to pull out of Latin America and t...
Scor opens in China.
Scor has opened a representative office in Beijing. The French reinsurer, which has written treaty a...
Wren-managed syndicates made losses.
Two out of the five Wren-managed syndicates made losses in 1997, the Brit Insurance subsidiary has a...
US insurer pays £1bn for Gartmore
Ohio-based insurer Nationwide Mutual has outbid CGU to buy fund manager Gartmore. It has agreed to ...
New syndicate for Copenhagen Re
Copenhagen Re will launch a Lloyd's syndicate this October, expecting annual written premiums of over...
GE and Prudential in £10m Internet investment
GE and the Prudential have led a £10m investment in Vavo.com, the European portal aimed at the over 4...
Claims costs hit Munich Re
The reinsurers in the Munich Re group recorded their worst year ever last year, according to provisio...
Fortis launch date.
Fortis Insurance is formally launched on Monday with a raft of new products for brokers. The new UK ...
Shane's BIIBA role.
Shane Matthews (above), director of Belfast insurance broker Bartholomew & James, has been appointed...
Damages seminar.
Property damage experts Munters is sponsoring a seminar on 'Implementing Property Damage Claims into...
Brokers damn insurers as ill-informed in poll.
Insurers are unknowledgeable and uncontactable according to brokers. NIG polled brokers on its so...
Step on toes' risk message.
Risk managers must be prepared to "step on other people's toes" to get their message across. This...
Elliotts on top of the world.
Insurance specialist Elliotts is on top of the world following trainee solictor Richard Thomas' asce...
That sinking feeling hits marine - again.
Lloyd's marine syndicates are heading for the rocks with marine underwriters knowingly writing losse...
Zurich websites.
Zurich Personal Insurances and Zurich Commercial launch two websites today. The sites, ww.zurichpers...