News
St Paul turns Platinum.
US (re)insurer St Paul was due to close an initial public offering in late June to raise almost $1bn...
US terror cover closer.
US government reinsurance of terrorism risk moved closer with the Senate's passing of a bill authori...
Appointment at GE Employers Re Corporation.
GE Employers Re Corporation (ERC) has appointed Shane Wright head of global risk and underwriting in...
Appointment at PXRe.
Jeffrey Radke has been promoted to president and the new position of chief operating officer of Berm...
Rebriefs - Radiation and Nuclear Safety Authority.
Mobile phone radiation can cause changes in human cells according to new research by Finland's Radia...
Dark days in America.
US reinsurers hit records for all the wrong reasons last year. Patricia Vowinkel assesses the impac...
Axa seeks reinsurance deal.
Axa group of France has begun talks with potential "partners" for the reinsurance arm of Axa Corpora...
Folksam in dispute.
Creditors of the run-off operations of Folksam International and its London reinsurance branch look ...
That sinking feeling.
Marine experts at a lively Lunch Forum debate at Swiss Re painted a gloomy picture of the market's future. Janina Clark heard why the cycle will never die.
Double indemnity.
Cross indemnity agreements have led the House of Lords to find contractors on Piper Alpha liable to indemnify the platform operator. John Butler reports.
Appointment at Alea North America.
Michael Halsband has joined US reinsurer Alea North America as senior vice-president and general cou...
Rebriefs - Odyssey Re.
Property and casualty reinsurer Odyssey Re is raising $100m to pay off debt by placing convertible d...
Capital complications.
Once the initial horror over the events of 11 September had subsided, the immediate concern of (re)i...
Investments feel the pinch.
Yvonne Deeney explains why (re)insurers need to consider new asset classes as part of their revised approach to asset management in a low inflation environment.
Rebriefs - XL Capital.
Bermudian (re)insurer XL Capital is integrating France-based subsidiary Le Mans Re into XL Re. The L...
Rebriefs - Property Claim Services.
Insured property losses from the 11 September terrorist attacks on the World Trade Centre and the Pe...
Aon spin-off hits delay.
Broking giant Aon's plan to spin off its underwriting operation, Combined Specialty, has been delaye...
Captives without cells.
Pravin Jeyaraj finds Dublin's captive community facing up to a tax rise and a possible loss of business because of a lack of protected cell company legislation.
Aviation schemes get ready for take-off.
The US mutual scheme Equitime could begin writing war and terrorism cover for US airlines by the mid...
Lloyd's on track to deliver market reform.
The latest consultation document on proposals for reforming the Lloyd's market will be sent out to m...
Irish eyes are smiling.
As it gains a reputation for sophistication, Ireland's international (re)insurance sector sees prospects looking good. Janina Clark reports.
Appointment at Munich-American RiskPartners.
Anthony Kuczinski has replaced William Moll as president of Munich-American RiskPartners. Mr Moll ha...
Rebriefs - Deutsche Bank.
Deutsche Bank has sold its remaining 4.94% stake in German giant Munich Re. Its 7.6 million shares w...
Rebriefs - Beazley.
Lloyd's managing agency Beazley is seeking to increase its capital for 2003 and is considering the c...