News
Arig hit by UK office's losses.
Arab Insurance Group (Arig) clocked up a $41.6m reinsurance underwriting loss in the nine months to ...
Benfield Greig buys US broker Bates Turner.
UK reinsurance broker Benfield Greig was expected to buy US reinsurance broker Bates Turner Internat...
PartnerRe pays dividend.
PartnerRe paid a third-quarter dividend of $0.25 per common share on 1 December 1999. It made a $39....
Zurich's Asian base.
Zurich Re has opened an office in Malaysia's offshore financial services centre on Labuan. The branc...
Brit sees lack of retrocession lift prices in difficult market.
A "significant contraction" in the amount of retrocessional cover is pushing prices up, said the chi...
LaSalle Re makes a loss.
LaSalle Re made a $5.7m loss in the year to 30 September 1999 compared with net income of $65.2m in ...
Equitas reinsurance payments double.
Lloyd's run-off company Equitas nearly doubled its payments of reinsurers' claims to £454m ($727m) i...
Ahlmann at Blanch.
Former chief executive of Employers Re Kaj Ahlmann (pictured) has joined broker EW Blanch Holdings a...
Swiss Re buys Underwriters.
Swiss Re is moving more strongly into broker reinsurance in the US by buying property/casualty reins...
Watch the web.
Three month's ago Reinsurance launched its website and we have been delighted with the response it h...
Looking after their own.
Insurers are increasingly turning to group retention vehicles in an attempt to retain their most profitable business. Adrian Leonard reports.
US chief for Tempest.
Tempest Re, the catastrophe reinsurance arm of Bermuda's Ace Group, has appointed Jacques Bonneau to...
Appointment at Druid.
Carlene Jackson has been appointed as business development manager for the finance sector with IT co...
Sun Life Canada in joint venture.
Sun Life of Canada is to forge a 50-50 life insurance joint venture with China Everbright Group. Sun...
Yachtline pulls out.
Insurance intermediary Yachtline has pulled out of its acquisition by marine insurer CNA Maritime. Y...
Trenwick merges with LaSalle Re.
Trenwick Group has merged with LaSalle Re Holdings to create a Bermuda-based global reinsurer and in...
LPC up for sale.
The Loss Prevention Council is to be sold by its present owners, the Association of British Insurers...
Making all the right moves.
While the Financial Services Authority has sensibly held back from stoking the flames of consumer fe...
There's no reason not to sign up to rehab code.
With regard to Swiss Re's refusal to sign up to the Rehabilitation First campaign (PM, 2 December, p...
P&C market set for a sobering New Year.
A cocktail of depressants will keep the UK property & casualty market in the doldrums next year, cla...
Appointment at Audatex.
Audatex has appointed Mike Williams as a business analyst to focus on product enhancement. Previousl...
Cox Insurance launches website.
Cox Insurance has launched its own website, www.insure.co.uk. As well as offering motor and travel i...
Appointment at Kiln Underwriting.
Steve Tidd has been promoted to active underwriter of the motor division of Kiln Syndicate 510. He j...
Appointment at Groupama Insurances.
Groupama has made three senior appointments to its new affinity and corporate partnerships team. All...