News
Appointment at Lloyd's Market Association
The Lloyd's Market Association has appointed a new chairman - Robert Childs, executive director and...
German terror pool faces March decision on future
The (re)insurance shareholders of the German terror pool Extremus are likely to consider late in Ma...
Be sure you measure up
In the current environment, captives and their parent companies must pay more attention to corporate governance, says Tony Dowding.
Pressure rises on all fronts
Demand for fronting services for captives is rising, just as insurers are pulling out of the market or pushing up prices and imposing stricter conditions. Captives are therefore turning to other fronting options, says John Sanders.
Willis makes profit in 2002
Broker Willis made a $210m profit in 2002, up from just $2m in 2001. Chief executive Joe Plumeri ex...
Appointment at Willis North America
Mario Vitale has been promoted to chief executive of Willis North America, part of global broking g...
Hartford writes traditional reinsurance
The Hartford group wrote $618m of traditional reinsurance in 2002 compared with $736m in 2001. Writ...
(Re)insurer results - 2002 ($m)
(Re)insurer results - 2002 ($m) Gross ...
India licenses seven brokers
India has licensed seven insurance brokers and four (re)insurance brokers for three years to late J...
Appointment at Guy Carpenter
David Priebe, managing director at Guy Carpenter, has been promoted to head the broker's worldwide ...
Platinum Underwriters to write just under $1bn net premiums
New Bermudian reinsurer Platinum Underwriters expects to write just under $1bn in net premiums this...
Good, but not good enough
It is heartening to see black ink starting to reappear in reinsurers' results (see 2002 results tab...
Arch Capital enters marine hull market
Bermuda's Arch Capital has entered the marine hull market in partnership with Eagle Ocean Services....
On the up
Average syndicate capacity at Lloyd's has passed the £200m ($323m) mark for the first time, accordi...
Bermuda on the Liffey
Ireland is establishing itself as the favourite European base for Bermuda's (re)insurers. Adrian Leonard tracks the (re)insurance migration from Hamilton to Dublin.
Benfield gets Stockton head
Dan Malloy, chief executive of Bermudian finite reinsurer Stockton Re, is to join broker Benfield o...
Appointment at Catlin Westgen
Sir Graham Hearne, former chairman of Enterprise Oil, has been appointed chairman of Catlin Westgen...
South Korean reinsurance up
South Korea's outward reinsurance premiums are growing far faster than domestic primary business, a...
Appointment at Lloyds
John Coldman and Bronek Masojada have been re-elected deputy chairmen of Lloyd's for a further year...
Reweb - First seen on the Reinsurance website www.insurancewindow.net.
- Endurance Specialty, the Bermudian property and casualty (re)insurer, plans to sell 9.6 million com...
Aon increases pre-tax profit
(Re)insurance broking and services that included underwriting and claims management produced a $763...
US insured catastrophe losses
Last year was the fourth lowest for US insured catastrophe losses in the last decade, according to ...
Axis Specialty to write war risks
Axis Specialty of Bermuda is to start writing war risks. The (re)insurer declined to say how much c...
Sun shines on self-insurance
Tony Dowding finds a thriving captive sector, despite rising reinsurance costs. Below, Hugh Rosenbaum warns captive owners not to participate in the new US federal backstop for terror cover.