News
China life homes in.
China Life is looking to grow its home market share and has deployed Sherwood International's Amarta...
Cats face turbulent times.
The property catastrophe reinsurers that have set up in Bermuda since the early 1990s have had to weather many ups and downs, says David Fanning.
Rebriefs - Fitch.
Cat bond issuance could top $2bn next year as traditional insurance becomes more expensive and less ...
Rebriefs- Swiss Re.
Swiss Re is second among insurance companies rated for their approach to environ-mental and sustaina...
Names must stump up extra £786m.
Lloyd's Names have been asked for £786m ($1.1bn) to cover expected losses in the market and to boost...
Italy suffers worst civil aviation disaster.
Italy suffered its worst civil aviation disaster on 8 October, when Scandinavian Airlines System fli...
Hart Re pulls back to US.
US (re)insurance group The Hartford has put its non-US reinsurance business - worth $150m of annual ...
Rebriefs - Aon.
Aon has signed a deal with the on-line auction service SalvageSale that will see it advise its clien...
New capital enters market.
New and existing companies are moving to capitalise on the accelerated hardening of (re)insurance ma...
Sustainable careers.
The insurance and finance consultancy Isis has one main aim - supporting a charitable foundation that the company's partners set up. Mairi Mallon reports.
Reinsurance passport' directive soon.
A draft directive to set up a 'reinsurance passport' to allow reinsurers to trade more freely around...
NAIC u-turn on Lloyd's funding
Lloyd's will have to find extra funds to lodge in its trust funds in the US following the surprise re...
Rebriefs - US Re.
In response to September's terrorist attacks, broker US Re has launched reinsurance that can be boug...
Mixed news at Lloyd's.
The Bermudian companies were among the first investors to take advantage of the opening up of Lloyd's to corporate finance, but not all have made profits, says Adrian Leonard.
Rebriefs - Swiss Re New Markets.
Swiss Re New Markets has launched forced outage insurance for North American power generators. The c...
US Congress looks at pool.
The US Congress was expected to decide by this month between a property and casualty terrorism reins...
Fraud no defence.
John Butler finds that not every case of dishonesty by an assured allows the insurer to avoid the policy or to reject a claim.
Crisis brings change.
Bermuda is already seeing the effects of 11 September as new companies are formed and existing companies deal with major losses and contemplate raising more capital. Janina Clark reports.
Joining forces.
Reinsurers are seeking capital and access to new markets and banks are interested in investment opportunities. David Fanning finds out whether the future lies in link-ups between the two.
Rebriefs - Max Re Capital.
Bermudian reinsurer Max Re Capital has approved the repurchase of up to $40m of its common shares, t...
Rebriefs - The Comite Europeen des Assurances.
The Comite Europeen des Assurances has received first responses to its questionnaire on terrorism co...
Appointment at The St Paul Companies.
The St Paul Companies has appointed Jay Fishman to succeed retiring chairman and chief executive Dou...
Appointment at RK Carvill.
Jonathan Turnbull has been appointed chief financial officer of reinsurance broker RK Carvill. He wa...
Converium starts up.
Zurich Re has begun operating as a stand-alone business under the name Converium as a prelude to its...