News
German move for Willis
Willis Group is to form a new company to serve the needs of Japanese clients in Germany, which will b...
Abbey secures Scottish Provident
Abbey National is to acquire mutual insurer Scottish Provident for £2bn, beating off rival bids from...
Negative outlook for reinsurance rates
Even a major catastrophe would not be enough to trigger a significant rise in reinsurance rates, rati...
Alexander Forbes picks up Bradstock businesses for £12.7m
Broker Alexander Forbes plans to acquire the Bradstock Group's retail insurance broking operations an...
New general insurance advice qualification
The Institute of Financial Services, part of the Chartered Institute of Bankers, has developed an ins...
Taylor quits as ALARM boss
Liz Taylor, chief executive of the Association of Local Authority Risk Managers, is leaving the assoc...
Scandinavian raise.
Scandinavian Re, the Bermudian finite reinsurer owned by Sirius, has had its counterparty credit and...
LaSalle sees rates increase.
LaSalle Re's latest results provide further evidence that reinsurance rates are improving. The Berm-...
More cover for Europeans.
Attempts by companies in Europe to protect themselves from weather effects is precipitating growth in derivatives, says Adrian Leonard.
Appointment at Swiss Re.
Peter Forstmoser (right) has succeeded Ulrich Bremi as chairman of Swiss Re's board of directors. Mr...
Fallen Star.
Signet Star Re's parent WR Berkley of the US recorded a 16.2% year-on-year fall to $63.3m in net rei...
Schell becomes president of St Paul Re.
Mike Schell, managing director of St Paul Re UK (pictured), has been appointed to the newly created ...
Tipping the balance.
Does each party to a reinsurance dispute have the right to appoint an arbitrator, and can that right be lost? Peter Chaffetz and Steven Schwartz examine two seemingly contradictory decisions.
Appointment at IPC Re.
James Bryce (below) has been promoted to succeed John Dowling as president and CEO of Bermudian prop...
Moody's sees £3bn losses at Lloyd's.
Moody's has substantially increased its forecast of losses at Lloyd's in the next three years. It...
Swiss Re twister.
Swiss Re has published a report on the impact of tornadoes on the (re)insurance industry. Called Twi...
Reinsurers join credit association for first time.
Reinsurers have become part of the membership of the International Credit Insurance Association (ICI...
Appointment at Tempest Re.
Jacques Bonneau, who was appointed in late 1999 by Tempest Re to lead its multiline expansion into t...
Scor in Japan.
Scor has made its representative office in Tokyo into a services company, Scor Services Japan. It in...
QBE closes Limit deal.
QBE's long-running battle for Limit finally ended last month as its offer for the Lloyd's-based insu...
Rhine Re changes its name to Alea.
Rhine Re has changed its name to Alea and adopted a new logo. The new name is a reference to a comme...
Where there's life, there's hope.
Maybe it was due to the quality of Swiss Re's hospitality, but the experts gathered for the latest Reinsurance Lunch Forum were remarkably upbeat about prospects for the UK's life & health reassurers. Janina Clark reports.
Recurrent event.
The words 'event' and 'occurrence' are still causing problems for reinsurers. John Butler looks at the recent case of Mann v Lexington.
Capital ideas.
Craig Pettengell, St Paul Re's securitisation guru (right), believes reinsurers have much to learn from capital markets. Adrian Leonard reports.