News
Reinsurers targeted for takeover
Top reinsurers such as Bermudian groups Ace and XL Capital, and French reinsurer Scor could be target...
Motor insurance losses hit £1.6bn high
Motor insurance losses in the UK reached a record £1.6bn last year, a result even worse than market e...
Miller Pycraft targets liability sector
Loss adjuster Miller Pycraft is making a major play for the liability market with the launch of a new...
Churchill buys Devitt
Direct insurer Churchill has acquired personal lines broker Devitt Insurance for an undisclosed sum f...
Insurers monitor nuclear fallout in Japan
The Japan Atomic Energy Insurance Pool, set up by casualty insurers to manage nuclear insurance polic...
Scor points finger at p&c.
French reinsurance group Scor has blamed the poor state of the property and casualty market for a 32...
Swiss Re strengthens Paris office.
Swiss Re is expanding its Paris-based operation by transferring its French non-life business from Zu...
Passing judgement on the lawyers.
This exclusive extract from the latest edition of The Legal 500 reveals the top UK law firms for reinsurance, insurance litigation and insurance insolvency.
In search of the pot of gold.
The ills of the world markets are now firmly entrenched in South Africa, which also has to deal with its own parochial idiosyncrasies. Mark Haken reports from the rainbow nation.
Weavers' tangled web.
In the first of a series of articles on the litigation arising from the Weavers pool, John Butler considers the case's background and issues over contract wordings.
American Re acquires United National.
American Re is to expand its US domestic insurance holdings through the purchase of the United Natio...
Good Swiss Re results built on investments.
Good investment returns boosted Swiss Re's earnings by almost 50% to SFr 2.6bn ($1.7bn) for the firs...
Continuing catastrophes destroy US profits.
The pressures on US property and casualty insurers from mounting underwriting losses, weak premium g...
Sirius buys Kemper Europe.
Kemper Europe Re of Belgium is to become part of Swedish reinsurer Sirius. Sirius' parent, ABB, i...
Cologne Re pays dividends out of reserves.
Despite plunging into the red with a DM 61.1m ($32.7m) loss after tax in the 1998 calendar year, the...
No US buy for Gerling.
The Gerling Group is unlikely to proceed with its mooted acquisition of a US reinsurer, a spokesman ...
Lloyd's attracts CNA.
CNA Maritime has moved its International Underwriting Association of London account, handling claims...
Annuities make better nest eggs.
The use of annuities to partly replace lump sum damages is growing in popularity in the UK, says Keith Sankey.
Appointment at Sampo Insurance.
Jorma Poyhonen has been appointed managing director of the Sampo run-off companies, ST International...
Appointment at CNA (Europe).
Rob Wadey has joined CNA Insurance (Europe) as casualty underwriting manager, writing commercial lia...
Bermuda exchange closes.
Suspension of trading on the Bermuda Commodities Exchange will have little impact, because there was...
They talk tough but could still act soft.
Once again reinsurers are claiming that they will emerge from their recent difficulties by taking a tougher approach to renewals at Baden-Baden, reports Eric Alexander.
Bulletproof cover.
In unstable areas, commercial markets are offering cover where state-run schemes fall short. Adrian Leonard reports.
Two reinsurers face $200m lawsuit.
American Re and Bermuda's Inter-Ocean Re are facing a $200m lawsuit in California alleging fraud and...