News
S&P's Don Watson joins Ace
Don Watson, managing director of rating agency Standard & Poor's North American insurance practice, h...
PXRe quadruples income
Second quarter net income at Bermudian reinsurer PXRe leapt 412% on a year before to $19m, largely du...
CNA Re's second quarter results back in the black
US-based reinsurer CNA Re made a net operating income of $27m in the second quarter 2002 compared wit...
Ace to slash Lloyd's capacity
Lloyd's could be facing further reduced involvement from insurers in the London market following plan...
Indie run-off arm sale talks start
Aurora Corporate Services, set up to run off the Independent Insurance estate, is to be sold, Post Ma...
Shaw heads Ace Tempest Re Europe
Matthew Shaw has been appointed managaing director of Ace Tempest Re Europe, based in London. He jo...
Hengesbaugh joins PXRe
Guy Hengesbaugh, former president and chief executive of LaSalle Re, has joined PXRe as president of ...
Surge in P&C business at Scor
French reinsurer Scor boosted its property and casualty (P&C) premiums by 32% year-on-year to Euro 11...
ABI and BBA merger plan scrapped
The proposed merger between the Association of British Insurers and the British Bankers Association h...
Liability centre stage after Pool Re extension
The Government's move this week to extend Pool Re's remit on commercial property to all terrorist ris...
Pushing the right buttons
If insurers fail to push policyholders' buttons regarding online claims services, customers will go to providers that do make the best use of the web-enabled technology, believes Jim Douglas.
Class action threat remains.
The failure of the claimants in the High Court this week (see p1) to win their case against manufactu...
CII harks back to a bygone era
The Chartered Insurance Institute is experiencing a period of immense and much needed change. With th...
Wrapper comes off reforms
Lloyd's has signalled an aggressive approach to future underwriting as part of detailed plans for ref...
Victoria Re to go as Ergo focuses on insurance
German reinsurer Victoria Re will stop underwriting at the end of the year following the decision by ...
Gerling Global Re faces uncertainty over future
The fate of Gerling Global Re (GGRe) remained unclear as Reinsurance went to press, following the ann...
UK unwilling to expand Pool Re
The UK government has told the British insurance sector and business at large that they must prove a ...
German pool in doubt
German (re)insurers' proposal for a state-backed terrorism insurer could collapse by early July becau...
Airline terror cover stays up in the air
Uncertainty surrounded the future of aviation (re)insurance as Reinsurance went to press, with many t...
Aviation schemes get ready for take-off
The US mutual scheme Equitime could begin writing war and terrorism cover for US airlines by the midd...
Insurers face £18m hit to salvage income.
Insurers' income from salvaged vehicles will suffer at least an £18m hit next year, as a result of n...
JLT profits rise by 20%
UK broker Jardine Lloyd Thompson does not intend to make any more disposals during the course of th...
Liability Watch seeks quote.
I have a risk - motorcycle track day teachers/organisers who are searching for liability insurance a...
Names refuse to give up legal battle with Lloyd's.
Disgruntled Names who lost last week's action against Lloyd's in the Court of Appeal are to press on...