News
General Re record despite soft market.
Operating income at US reinsurance giant General Re rose by nearly 10% to a record $250m in the firs...
Equitas correction.
Last month's Technical Report (Re, May 1998, p23) said that Equitas chairman David Newbigging had al...
A domicile on Lime Street.
As Lloyd's searches for new business in a competitive market, Alastair Rodger outlines the case for allowing captives into the society.
French growth.
French reinsurers increased their net post-tax profits by 38% to Fr 3.3bn in 1997 on gross premium i...
Ship losses falling, says ILU.
Latest statistics from the Institute of London Underwriters (ILU) show that the fall in merchant shi...
Do what you do best.
As Reinsurance went to press, the US House of Representatives had just passed, by the narrowest of m...
Reanalysis - Catastrophes - Insured catastrophe losses halved.
Last year saw insured losses from catastrophes fall by 50%, according to Swiss Re's latest sigma rep...
The London Processing Centre.
The London Processing Centre, which processes premiums and claims for the London market, saw its inc...
Swiss Re expands in Latin America.
Swiss Re is increasing its Latin American premium income by more than a third with the acquisition o...
Networks merger under discussion.
Electronic commerce looks set to take off in the global insurance industry if talks aimed at closer ...
Maximum security cells.
As captive domiciles compete to attract companies, Guernsey's Steve Butterworth describes the benefits of the island's protected cell company legislation.
Cash offer from Exel/Mid Ocean.
Shareholders in Bermudian (re)insurers Exel and Mid Ocean will have the option of receiving cash ins...
Aon increases total revenue.
Broking giant Aon Corporation increased its total revenue by 15% to $1.6bn in the first quarter of 1...
New cargo clause.
London market cargo underwriters have developed a new clause to clarify their position on the new In...
Malloy for Stockton.
Bermudian speciality risks underwriter Stockton Re has appointed Daniel Malloy as president and chie...
New role for Gluckstern.
Steven Gluckstern, head of reinsurance with Zurich Group and pioneer of risk transfer methods, has l...
Peak challenge.
Lloyd's underwriters are providing cover for Rod Baber and his three-man team, who last month began ...
Nine into one does go.
The nine UK financial services regulators are undergoing sweeping changes that could affect reinsurers, cedants and brokers.
Uncertainty remains over Zurich deal.
The Zurich Group and the financial services arm of British American Tobacco (BAT) revealed further d...
Strike Club grows.
Mutual industrial unrest insurer The Strike Club has boosted its membership to 418 companies and inc...
International Group puts its case to the EC.
The International Group of P&I (protection and indemnity) clubs enlisted the help of Lord Donaldson ...
Policy wording becomes a drag.
When damages to insured properties accumulate unnoticed, the courts must sometimes decide where liability ultimately lies.
Tracking the Lloyd's bear.
Using SURL's premium rating indices may make it possible to find the bottom of the insurance cycle at Lloyd's, says Robert C.B. Miller.
LaSalle Re's income falls to $22m.
Bermudian reinsurer LaSalle Re's income fell to $22m in the first quarter of 1998 compared to income...