News
Captives hold their own in tough times.
Despite challenging market conditions the use of captives continues to grow. Tony Dowding reports.
Partners for progress.
James Orr explains how the UK Tsunami initiative is getting (re)insurers and scientists working together.
Rhine Re gets Zurich team.
Basel-based Rhine Re has recruited the former executive management team of Zurich Re London to head ...
US cat losses up.
Catastrophe losses of more than $10bn made 1998 the third worst year for catastrophes in the last de...
Ace takes over Cigna's p&c.
Acquisitive Bermudian insurance group Ace is to pay $3.45bn for US insurer Cigna's property and casu...
Vietnamese reinsurer boosts income.
South Vietnam's state-owned reinsurer, the Vietnam National Reinsurance Corp. (Vinare), has reported...
Lloyd's 1999 capacity falls.
Lloyd's underwriting capacity for 1999 will be £9.87bn ($16.3bn), down from £10.17bn last year, the ...
Top Layer for Renaissance.
Bermudian reinsurer Renaissance Re and giant US insurer State Farm have teamed up to provide up to $...
Riley leaves Swiss Re.
Stephen Riley, chief executive of Swiss Re's non-life operations in the UK, has left the company aft...
China rings in the changes.
The PICC's Chao Yang updates Adrian Leonard on the market's liberalisation and regulation.
Japanese cessions reverse trend.
After two years of decline, outward reinsurance cessions by Japan's insurers increased by 10% to Y25...
Chaucer hit by poor investments.
A plunge in the value of its investments caused Chaucer Holdings, one of the new breed of integrated...
Moving with the times.
Swiss Re America's Heidi Hutter tells Janina Clark how she sees the US market of the future.
HCC launches bids.
US insurer HCC has launched a $154m bid for California-based (re)insurer Centris. HCC has also acqui...
New B.C. Dyer agency.
Ken Barrett, formerly chief underwriter of Zurich Re London, is starting up a new subsidiary of B.C....
Jack Miller dies at 87.
Regular Reinsurance correspondent John (Jack) Miller has died of a heart attack at the age of 87. ...
Liberty Re closed by US parent.
In a blow to the London market, Boston-based Liberty Mutual has closed the group's UK reinsurance su...
Stockton buys for ART's sake.
Bermudian finite risk reinsurer Stockton Re is looking to develop alternative risk transfer opportun...
Preparing for the great leap forward.
The 1995 Insurance Act was just the start of China's efforts to establish a strong base for its rapidly expanding insurance industry, reports Jeremy Golden.
Ins and outs in Denmark.
Marsh & McLennan Capital has announced the formation of Danish Re, a Bermudian company with a chief ...
A clause for concern.
Incorporating arbitration clauses from underlying policies into reinsurance covers is tricky, says John Butler.
Balancing risk and reward.
Robert C.B. Miller considers the best ways to manage risks and returns in a soft market.
Bankruptcy code under attack.
Peter Chaffetz and Lisa Dorr examine a controversial section of the US Bankruptcy Code.
Underwriters in short supply.
The London market has long been recognised as a centre of underwriting expertise and has successful...