News
Fear the Greeks, as they bring risks
Professor Ortwin Renn has devised a classification system based on Greek mythology to make systemic risks easier to manage. Adrian Leonard does his Greek homework.
Appointment at Hannover Life Re (UK)
David Brand (below) has taken over from the retiring Peter Savill as managing director of Hannover ...
Accounts come under scrutiny
Craig Morton and David Abbotts explain what International Accounting Standards (IAS) mean for non-traditional reinsurance.
Model action on terrorism
(Re)insurance brokers Aon and Benfield separately announced developments in terrorism modelling las...
Wellington Re is now Aspen
Wellington Re has changed its name to Aspen Insurance UK in a deliberate move to differentiate itse...
Share the pain
A company's reputation is often its most precious asset, yet hard to value and almost impossible to insure. Nonetheless, the (re)insurance industry can help to protect a good name, discovers John Sanders.
Rebriefs - China Re to sell part of company
State-owned China Re is reportedly planning to sell up to 24.9% of the company to foreign investors...
Reinsurers may take flight
The loss-making aviation reinsurance sector needs better returns or it is likely to withdraw capaci...
Icao's aviation mutual tries again for approval
The promoters of a proposal that the International Civil Aviation Organisation (Icao) set up an avi...
Rebriefs - Appointment at Crispin Speers & Partners
Crispin Speers & Partners, the Lloyd's (re)insurance broker, is moving into life (re)insurance brok...
Ways to ensure smooth running
With perhaps $400bn of (re)insurance business in run-off worldwide, the expertise required to manage run-offs successfully is finally being recognised. About time too, says Tony McMahon.
Weak demand harms terrorism insurers
Low demand for terrorism cover has killed off a new worldwide terrorism insurer, Special Risk Insur...
Besieged Fortress
The collapse of Fortress Re and subsequent litigation has put the spotlight on financial reinsurance. Peter Chaffetz and Steven Schwartz unravel the details.
Reweb - First seen on the Reinsurance website
Troubled Bermudian (re)insurer Trenwick was given six months from the end of February for the averag...
QBE predicts profit surge
Australian (re)insurance group QBE said that it expected to increase its post-tax profit by 50% thi...
Situation is serious but not critical
As President Bush himself speaks out on escalating US medical malpractice awards, Mike Cavanaugh says a mix of responses is needed to the crisis.
Rebriefs - Axis Capital files plan
Axis Capital filed a plan with the US Securities and Exchange Commission last month to sell up to $...
Truth stops avoidance
A recent House of Lords ruling is likely to result in greater use of truth of statement clauses to restrict avoidance of (re)insurance contracts, says John Butler.
German terrorism insurer stays in business
The reinsurer shareholders of the German terrorism insurance pool Extremus have decided to continue b...
Swiss Re opens Tokyo branch
Swiss Re has founded a licensed securities branch in Tokyo, Swiss Re Capital Markets (Japan), which w...
Imagine cancels rebranding plans
Bermuda-based reinsurer Imagine Group has ditched plans to rename itself Vision Re. The group first a...
German court backs Gerling reinsurance sale
A Frankfurt court has found that the German financial regulator has no right to block the proposed sa...
Helpline says winter trading continues strongly
Accident management specialist Helphire said this week that winter trading has continued strongly, ...
Appointment at Markerstudy Group
Markerstudy Group has recruited Simon Clayton as chief executive of the recently-acquired ASA Insur...