News
Eureko says Eureka!
Eureko BV, the holding company of the European Insurance and Financial Services Alliance, has announ...
Ace London axes 60 staff.
Ace London, the Lloyd's operation of Bermudian giant Ace, has slashed the number of staff in its Lon...
Waters calmed over IG pool.
The European Commission is to approve the revised terms of the International Group of P&I (protectio...
Ancient mariner in a tough new world.
Portugal may be the traditional home of marine reinsurance, but it is now having to face up to 20th-century realities, says Eric Alexander.
Under the FSA umbrella.
Rosemary Sutherland assesses the likely effects of the UK Financial Services and Markets Bill on (re)insurers and insolvency procedures.
Chubb Re aims to take on the world.
US insurance giant Chubb is to enter the global reinsurance market with the creation of a new subsid...
Appointment at AHJ.
Barry Johnson and Michael Davis are to join the Alwen Hough Johnson Group (AHJ) to develop its accid...
Willis deal fails to silence rumours.
The proposed purchase of UK broker Willis Corroon by US leveraged buyout specialist Kohlberg Kravis ...
The joys of being single.
It is easy to think that the outlook for a genuine single market is bleak but, argues Jenny Frost, progress has been made.
Appointment at Chaucer.
Chris Wood has joined Lloyd's managing agent Chaucer Syndicates as aviation underwriter on syndicate...
Swiss Re reaches No. 1 in US.
Swiss Re, the world's largest life and health reinsurance company, is to become the biggest life and...
Appointment at Ace.
Robert Patten has been appointed vice-president, excess liability at Ace Insurance. Mr Patten joined...
NCCI retention up.
Saudi Arabia's state insurance company, the National Company for Co-operative Insurance (NCCI), incr...
Likely victims of EMU.
A survey by advisory company KPMG has shown that insurance, telecommunications and transport are the...
Lirma Y2K index.
A prototype version of the London International Insurance and Reinsurance Market Association's index...
Chartwell specialises.
US reinsurer Chartwell Re increased second quarter operating income to $7.4m in 1998, up from $6.7m ...
Brown in Australia.
Lloyd's syndicate R.E. Brown has received approval from Lloyd's to open an office in Melbourne, Aust...
Shipping losses improve again.
Merchant shipping losses continued to fall in the second quarter of this year, according to the late...
Appointment at Aon.
Denise Boutross McGlone has been appointed principal of Aon Financial Products, a unit of Aon Capita...
US takes Venton from Bermuda.
US reinsurer Underwriters Re has bought Lloyd's managing agency Venton Underwriting Agencies and its...
Appointment at Lloyd's.
Judith Hanratty, company secretary of energy giant BP, has joined the Council of Lloyd's as a nomina...
All open and above-board.
Robert Hiscox responds to Robert Miller's criticisms last month of the actions of Lloyd's agents in advising Names to sell their capacity.
Broker market firms under threat in US.
US broker market reinsurers have become the latest acquisition targets, with Constitution Re and Kem...
Linking layers of protection.
John Butler reviews the development of the 'risks covering' aggregate extension clause.