News
New tool finds favour.
Reinsurance trading on-line got off to a slow start but e-commerce is gradually tightening its hold on the market. John Sanders investigates how much reinsurance business is actually being done on-line.
Three reinsurers allowed to have branches in Korea.
GeneralCologne Re and Munich Re have started to write both non-life and life reinsurance from their ...
The devil is in the detail.
In the words of the chairman of Lloyd's, Sax Riley, the Lloyd's results in 1998 were "nothing short of diabolical". Robert CB Miller considers the effects of underwriting incompetence at Lloyd's.
Zurich reveals spin-off detail.
Zurich Financial Services (ZFS) is to reveal details of its proposed disposal of Zurich Re on 6 Septe...
Time to be big and clever.
Our news pages this month might appear at first glance to be obsessed with size. Several of the main ...
Inreon opens Swiss office
Inreon, the internet-based reinsurance trading exchange set up by Munich Re, Swiss Re, Accenture and ...
Talking about a revolution.
GE Frankona Re's chief executive, Bob Dellinger (right), tells Eric Alexander that the sector must face up to coming changes, if only to break away from cyclical underwriting.
ReResults - Second quarter 2001.
Catastrophe losses of $29.3m contributed to a fall in American Re's profit to $8.1m from $22.2m a ye...
New tricks needed.
Life reinsurance may be a boom industry, but, warns David Morgan of CSC, non-life reinsurers keen on a slice of the action may not appreciate what they are letting themselves in for.
Scottish Annuity & Life of Grand Cayman.
Scottish Annuity & Life of Grand Cayman is to acquire World-Wide Reassurance, a wholly owned subsidi...
Europeans seek justice.
As insurance regulators worldwide grapple with the challenges presented by the consolidation, global...
Life reinsurance slumps in Japan
Japan's life reinsurers recorded a 71.2% slump to ¥36bn ($303m) in premiums in 2000, not including pr...
Many unhappy returns.
Failure to improve on their inadequate capital returns will lead to problems for many reinsurers, warns David Fanning.
Full speed ahead.
It might not be long before high-speed container ships are crossing the Atlantic, bringing with them risks that are already making marine insurers nervous. Eric Alexander reports.
Not impressed.
A year after taking over St Paul Re's European operation, Tom Mahoney (right) is still horrified at how the London market does much of its business, he tells Vic Wyman.
Work continues on spiral plan.
Grant Thornton is continuing to seek a way to end the problems created by the London market spiral of...
Weathering the storm.
The continuing tough state of the P&I market could bring further consolidation among the mutual clubs and increased diversification. Denzil Stuart reports.
Attack on airport by Tamil guerrillas.
Half of SriLankan Airlines' fleet of 12 Airbuses was put out of action on 24 July during an attack o...
Lloyd's opens office in Spain.
Lloyd's has opened its first representative office in Spain, as part of a European expansion. It now...
Reinsurers quit Brazil.
Reinsurers are closing or slimming down their offices in Brazil because of delays in liberalising th...
Lloyd's sells half of LCO to Xchanging.
Lloyd's has signed heads of agreement to sell a 50% stake in the Lloyd's Claims Office (LCO) to tech...
S&P upgrades Odyssey Re's ratings.
Standard & Poor's (S&P) has upgraded Odyssey Re's rating to 'A-' (strong) from 'BBB+' (good). The ne...
Industry warms to research.
The greenhouse effect and global warming look certain to increase catastrophe losses, but (re)insurers are starting to get involved in monitoring the problem, says David Fanning.
Guy Carpenter appoints Keith Fenwick.
Keith Fenwick (right) has replaced Mark Harding as chief executive and regional manager of the UK op...