News
MATCH of the Y2K day.
Millennium compliant software is now available for the MATCH suite of products for the motor claims ...
Exclusive - Trial and distribution.
The London Processing Centre is set to launch a credit control service following a six month trial w...
LPC/Lloyd's unveils centre.
A symbol of the future was unveiled this week when the London Processing Centre and Lloyd's unveiled...
She 'chutes, she scores.
Aon Consulting's Hayley Hudson, an associate consultant in the firm's international benefits practic...
Calling all hotshots.
This is an unashamed plug for our charity football competition for 1999 which we launch this week (s...
Swiss Life number.
The number for Swiss Life in PM, 26 Nov, p12, should have read 01732 582000....
Ace expansion boosts profits.
Giant Bermudian (re)insurance group Ace saw net income rise by more than 11% to $560m, or $2.96 per ...
Munich Re.
Munich Re has increased its dividend for 1997-98 to DM 1.80 per share, up from DM 1.70. The company ...
CNA Re to grow business in Europe.
US reinsurer CNA Re is on the look-out for possible European acquisitions. Tim Madden, head of CN...
New US bank law stalls.
Financial services modernisation in the US is expected to suffer following the shock defeat of Repub...
IPC Re income halved.
The impact of Hurricane Georges has more than halved net income at Bermudian property catastrophe re...
Names force EGM over council representation.
A group of 600 Names has forced Lloyd's to call an extraordinary general meeting to vote on the futu...
Tig seeks a buyer.
Tig Holdings, parent company of Tig Re, could be sold following unexpected losses as a result of rei...
Old dogs learn new tricks.
David Fanning finds reinsurers seeking out new customers and new products as market conditions deteriorate.
Sedgwick deal closes.
Giant US broker J&H Marsh & McLennan's £1.25m ($2.1m) offer for UK broker Sedgwick (Re, November 199...
IRISC becomes REMI.
Insurance service provider IRISC has changed its name to Claims Management Group and created two ope...
Bermuda bids for IT supremacy.
Adrian Leonard previews the Bermuda Insurance Data Service, the market's latest electronic system.
Munich merges alternative units.
Giant reinsurer Munich Re has merged its alternative market units with that of its subsidiary Americ...
PartnerRe is hit by Georges.
Acquisitive Bermudian reinsurer PartnerRe suffered a drop in third quarter net income as Hurricane G...
All expenses paid ... or are they?
In the first case of its kind, a US jury has found that reinsurers are liable for declaratory-judgement expenses. Marvin Mohn reports.
Lloyd's opens door to captives.
Lloyd's is to admit captives from the beginning of next year following approval by its ruling counci...
Asian markets strive for recognition.
Asia has a huge maritime industry but continues to lack influence in the global arena, says Jeremy Golden. Will its response be a marine hull market to take on the world?
Trans Re promotion.
Paul Bonny has been promoted to executive vice-president of Transatlantic Holdings, the parent compa...
The International Underwriting Association.
The International Underwriting Association of London finally came into being last month when the Lon...