News
Norwich Union axes 240 products and Club Elite
Norwich Union has culled 240 general insurance products, including the entire CGU Club Elite range. I...
Groupama moves to compensate the changing culture
Insurer Groupama has set up a dedicated employers' liability claims unit in response to the changing ...
Acquisition boosts Munich Re's US life business
Munich Re, through its US subsidiary Munich American Reassurance (Marc), is to strengthen its presenc...
Alliance expands with acquisition
Commercial lines broker Alliance Insurance Management is to acquire the book of business, goodwill an...
Legal & General ties up professional deal
Legal and General has won the contract to design and supply stakeholder pensions for the 300 000 memb...
Captive service for brokers
Brokers are being offered a new service to help them enter the captive insurance market. Specialist c...
Insurers and brokers optimistic over business prospects
Insurance brokers and general insurers are much more confident about future business prospects than t...
QBE consolidates.
QBE is to consolidate its Lloyd's syndicates 2999 and 79 into a marine and energy division and a non...
Scott retires.
Rodger Scott, insurance banking director at Barclays, retired late last month and has been succeeded...
Stepping into Lime Street.
Syndicate 3210 at Lloyd's is the largest investment in the market by a Japanese company. Will the liberalisation of insurance in Japan mean more such investments? Jeremy Golden reports.
Syndicate gets first ever financial strength rating.
Moody's has assigned an 'Aa2' (excellent) financial strength rating to the Lloyd's-based Ace Global ...
Rediary.
OCTOBER 2000 2-3 6th African Reinsurance Forum Nairobi, Kenya (O) African Insurance Organisa...
Turning the tide.
Delegates at this year's IUMI conference in London were urged to take action on rates. Eric Alexander reports on the wake-up calls to the industry.
Amlin goes into the red.
Lloyd's-based Amlin has reported a five point improvement in its combined ratio to 110% for the six ...
Income down for US p&c.
The US property/casualty (p&c) industry's net income after tax fell by over a third to $10bn in the ...
Cologne Re wants more.
Cologne Re has said that its 1999 result was "unsatisfactory" despite reporting a net profit of EUR2...
Leedham switches.
Richard Leedham, a partner at UK-based law firm Paisner & Co, is to join the (re)insurance practice ...
Gerling buys Wright.
Gerling Global Re has bought London-based Wright Underwriting Group. The group started writing bu...
Closures at Crowe.
Lloyd's-based Crowe is to cease underwriting on its aviation syndicate 53 and marine excess of loss ...
New IUA member.
GeneralCologne Re UK has joined the International Underwriting Association, giving it access to the ...
JLT buys Bradstock marine and energy book.
UK-based broker JLT Risk Solutions (JLTRS) is to buy the marine and energy reinsurance business of t...
Asian cargo gets a lift.
Asia's recent economic crisis has led to increased interest in managing risk and improving cover, giving marine cargo (re)insurers a boost. Jeremy Golden reports.
Final battles.
The war of words resulting from the seizure of Kuwaiti aircraft by Iraq has come before the English courts 14 times in the past five years. Jonathan Sacher looks at the battles that have made up the war.
Taxing reforms.
Overall, changes in taxation and pensions in Germany should be good news for reinsurers, says Adrian...