News
Income remains static.
The need for substantial rate increases was implicit in the presentation on marine premium income by...
Zurich Re sticks to flotation plan.
Zurich Financial Services still plans a stock market flotation of Zurich Re by the end of this year ...
Rates rocket in the aviation market.
Airlines faced huge increases in premiums after underwriters gave them seven days' notice of cancell...
New angle on control of risk.
A 1993 truck factory fire sparked off greater awareness of risk assessment in Russia, but risk management still has a long way to go, discovers Adrian Leonard.
Agent power is disputed.
Expect more reinsurers to go to court with claims that their agents exceeded their authority, say Peter Chaffetz and Steven Schwartz.
Danish Re gives up on plan.
Danish Re has given up on its plan to merge its Lloyd's operations with Newmarket Underwriting. The ...
US moves to set up pool.
The terrorist attacks in the US on 11 September look likely to lead to the US government proposing a ...
Euro will give cargo a lift.
Transport underwriters should view the introduction of the euro in 12 European countries in 2002 as ...
Dignity in adversity.
Last month was undoubtedly one of the most difficult and traumatic the (re)insurance world has ever ...
Carvill America's new office.
Treaty reinsurance broker Carvill America is setting up an office on the west coast of the US. It ha...
Cyber risk could be a hit.
(Re)insurers are having to learn fast to cope with the complex demands thrown up by the fast-growing cyber risk markets, says David Fanning.
Money in the bank.
Banks may traditionally have been seen as the enemy, but reinsurers are finding that links with them can prove lucrative. David Fanning looks at some effective marketing alliances.
Oracle Re to cease operations.
Bermudian reinsurer Oracle Re is to cease operations and commute all its reinsurance agreements. Ora...
Appointment at XL Capital/Risk Management Solutions.
Gerling Group Financial Products Europe has lost at least three of its seven-strong London team. Man...
Losses will trigger market changes.
The terrorist attacks of 11 September, widely predicted to be the largest loss event in insurance his...
XL Capital receives ratings.
XL Capital has received Moody's first Bermuda ratings. Moody's has given XL Re and XL Insurance 'Aa2...
Copenhagen Re expects losses under $25m
Copenhagen Re has told the Danish Stock Exchange it expects claims of DKr 150-200m ($18.6-24.7m) as a...
Max Re's approved programme.
Max Re's directors approved a programme to buy up to $15m of its outstanding common shares "in the l...
Folksam Int'l up for sale.
Swedish reinsurer Folksam International should have a new owner by the end of this month, according ...
Combine covers to cut economic risk.
Swiss Re's Daniel Keller and Radomir Hajker demonstrate how integrated risk management (IRM) solutions can help insurance companies to manage both their financial and their underwriting risks.
Life losses bearable.
Last month's terrorist attacks will have a "significant impact" on the life and health (re)insurance...
Benfield delays share sale.
The privately owned reinsurance broker Benfield Greig has put on hold its plan to get in outside inve...
The right channel?
As reinsurers start to introduce program business to Europe, Adrian Leonard looks at the ups and downs of the business in its native US.
Appointment at General Re.
Joseph Brandon (below) takes over from Ron Ferguson as chairman, next June, and chief executive, thi...