News
Transatlantic gains.
New York-based Transatlantic Holdings, parent of Transatlantic Re and Putnam Re, increased net incom...
Appointment at Swiss Re.
Professor Hans Buhlmann, a member of the board of directors at Swiss Re, has been elected to the Ins...
London Club stable.
The London P&I (protection and indemnity) Club has reported strong results for 1997/98, with assets ...
The euro: legal tender?
Insurers must be clear about the legal implications of the introduction of the European single currency. James Ashe-Taylor & Alan Davis report.
Arig Re formed.
Arab Insurance Group (Arig) has formed a reinsurance company, Arig Re, to take over the group's non-...
Merger creates Lloyd's giant.
Lloyd's managing agency Murray Lawrence has merged with corporate capital provider Angerstein to for...
GIO losses force restructure.
Australian insurer GIO made a pre-tax loss of A$189m ($112m) on its reinsurance business in 1997/98,...
Pressure mounts over Holocaust claims.
Swiss insurer Zurich has agreed to resolve outstanding claims arising from insurance policies bought...
Dreams turned to dust.
Civil unrest and economic setbacks have interrupted the insurance industry's love affair with Indonesia. Jeremy Golden reports.
Why are we rating?
Assessing the security of (re)insurers is big business these days, and it looks set to grow. Alex Beatty reports.
Correction.
In the table accompanying Kit Brownlees' article on political risk last month (Re, August 1998, p13)...
Trading in turmoil.
With this year's hurricane season well underway, Robert C.B. Miller assesses the catastrophe options market.
SCT sells stakes.
Lloyd's corporate investor Syndicate Capital Trust has sold 2.8 million shares in Kiln Capital and 3...
Appointment at St Paul Re.
Lizbeth Zorbas has become principal officer and general manager of the Singapore office of St Paul R...
Appointment at Exel.
Sir Brian Corby, Robert Glauber and Paul Jeanbart, all directors of Mid Ocean, will join the board o...
Appointment at WIN.
David Holbrook of J&H Marsh & McLennan has become the new chairman of the World Insurance Network. H...
Jersey designated.
The UK government is to allow insurers in Jersey to promote and sell their long-term products in the...
IPC Holdings hit by cat losses.
A return to a more normal level of catastrophe losses meant net income for the second quarter of 199...
Irish tax restructure.
Moves to make the corporation tax rate the same for companies in Dublin's International Financial Se...
The world according to Europe.
Marie-Louise Rossi describes the key role played by EU negotiators in the rounds of GATS talks.
Kast launches Bermuda tracker fund.
Kast Investment Management of Bermuda has launched an investment fund to track the growth of the Ber...
Less regulation, more red ink.
Deregulation and liberalisation have made the German insurance market one of the most competitive in Europe - and rates have plummeted, says Adrian Leonard.
Europe inside and out.
Liberalisation, deregulation and monetary union may create valuable cross-border business, but domestic competition is enough to keep (re)insurers busy for now. Janina Clark reports.
Acquisitions give Ace a great hand.
The third quarter results of Bermuda-based insurance giant Ace have been boosted by the inclusion of...