News
Appointment at Sun Microsystems.
Jonathan McKay has been appointed vice president and general manager of Sun Microsystems Internet ap...
Mutuals hoping to raise funds through initial public offerings.
Three former north American mutuals - John Hancock, Sun Life and Met Life - along with Pru of Americ...
Gladwell takes over Axa personal lines
Axa Insurance has finally replaced Rob Ryan with the appointment of Lee Gladwell as director of perso...
Routledge quits Octavian
Peter Routledge has resigned as active underwriter of Octavian Syndicate Management's motor syndicate...
Up to 400 jobs axed at Abbey Life's Bournemouth office
Abbey Life has confirmed that up to 400 jobs will go at its Bournemouth head office following the tak...
IPC Re hit by storms and closes London office
IPCRe has said it expects losses of $35m, or $1.36 per share, in the fourth quarter of 1999 as a resu...
London market plans reforms
Lloyd's and the International Underwriting Association (IUA) are considering the merger of the two Lo...
ZFS pays £80m for Abbey Life
Zurich Financial Services is to acquire Abbey Life's distribution network from Lloyds TSB for £80m. T...
BIBA's apprenticeship scheme moves to CII
The British Insurance Brokers' Association has moved its government-backed Modern Apprenticeship sche...
Swiss Re to buy in Dallas.
Swiss Re is to pay $260m in cash for two Dallas-based insurers, Southwestern Life Insurance and Secu...
Critical mass.
In the space of two decades, critical illness products have become available worldwide. Chris Fennell looks at their growth.
New staff at OPL.
Mary Hennessy has joined Overseas Partners as chief operating officer and president. She has 23 year...
Axa Re writes PI.
Axa Re UK has moved into the professional indemnity (PI) market. Its PI, financial risks and directo...
World insurance - Fewer premiums, higher prices.
Three new reports show that the global insurance market is entering the new century with a mixture o...
Making it a happy new year.
French storm losses aside, the reinsurance industry has had a positive start to the new year, with r...
Wordings on the web.
The London market's electronic library of wordings, clauses and policy forms, the Market Wordings Da...
A year of the euro.
Despite concerns about the euro's lack of strength against the dollar, in the year since its introdu...
Nac Re upgrade.
Following XL Capital's acquisition of Nac Re in June 1999, rating agency Standard & Poor's has raise...
Guyot resigns.
Philippe Guyot has resigned his position as president and director of Sirius Belgium Reassurances (f...
High-speed change.
Jeremy Golden reports on fast-changing fortunes in Japan, the world's largest life market.
Downward spiral.
Adrian Leonard investigates the effect of the unravelling of the reinsurance spiral behind the Unicover workers' compensation pool.
CCR asks government for cash boost.
The French state-owned reinsurance pool Caisse Centrale de Reassurance (CCR) has appealed to the gov...
Risk Capital Re sold to Folksamerica.
Folksamerica Re is to pay $20.3m for the reinsurance operations of Risk Capital Holdings. The ann...
Six brokers join RAA.
Following the Reinsurance Association of America's decision to admit reinsurance brokers, Aon Re Wor...