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News

News in brief.

Axa Corporate Solutions, the reinsurance and large insurance risks division of France's Axa Group, m...

Storm forecasts look favourable.

David Simmons says that the storm prediction consortium TropicalStormRisk can generate real business benefits for (re)insurers.

News in brief.

Hannover Re has expanded its US program business with the acquisition of business and an underwritin...

A capital strategy.

Swiss Re New Markets has a wide-ranging remit. Adrian Leonard asks chief executive Erwin Zimmermann to nail it down.

On the up.

Hong Kong's (re)insurers have been hit badly by the Asian financial crisis but hope is in sight, says Adrian Leonard.

Appointment at Lincoln Re.

Jay Biehl (pictured), chief actuary for reinsurance life operations at the US reinsurer Lincoln Re, ...

News in brief.

Berkshire Hathaway subsidiaries General Re and Berkshire Hathaway Re recorded pre-tax underwriting l...

News in brief.

Paisner & Co. is to merge with fellow London law firm Berwin Leighton to form Berwin Leighton Paisne...

Cedants in search of security.

Reinsurers are increasingly asked to post security in disputes. Peter Chaffetz and Steven Schwartz consider the attitude of courts and arbitration panels to pre-answer security.

News in brief.

American Re, part of the Munich Re Group, made a net loss of $64.4m in 2000, down from a loss of $10...

News in brief.

ESG Re of Bermuda made a net loss of $61.3m last year, up from a loss of $42m in 1999, on gross prem...

Building codes are not enough.

Insurers and risk managers can minimise earthquake and windstorm damage by insisting on construction to building codes - but only if they recognise other risk factors, say Peter Yanev and Donald Ballantyne.

News in brief.

US (re)insurer The St Paul Companies has sold its 1.7m shares in Renaissance Re, the Bermudian prope...

News in brief.

Bermuda-based Everest Re made a net profit for 2000 of $186.4m, up 18% on 1999, on gross premiums up...

Appointment at XL Brockbank.

XL Brockbank, XL Capital's Lloyd's managing agency, has appointed Paul Drake as its underwriting dev...

London reform set for July.

The first of the LMP2001 proposals for modernising procedures in the London market should be impleme...

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