News
Mortgages covered.
There has been an increase in the number of mortgages with payment protection insurance. In the last...
Time to spruce up image.
Junior insurance staff feel that training is lacking, appreciation sporadic and their salaries avera...
Miles Smith to trade again at Lloyd's.
Broker Miles Smith hopes to be trading again at Lloyd's by the end of the year with backing from a m...
Insurers fail staff.
Junior insurance staff feel training is lacking, appreciation sporadic and salaries average at best....
Gen Re hit by low rates.
US reinsurer General Re has reported a consolidated net underwriting loss of $273m on earned premium...
Opposing sides.
Peter Chaffetz reviews the implications of Nationwide Mutual Insurance v The Home Insurance - a case that challenged arbitrators on the grounds of bias or impartiality.
Unlocking the binds of bonds.
Currency crises around the world have led to a new innovation in political risk insurance. Maria Kielmas investigates cover for capital markets bonds.
Tyszkiewicz runs for charity.
John Tyszkiewicz, of reinsurance broker Guy Carpenter, has raised £20,000 ($30,300) for the UK's Nat...
Reshuffle at Munich.
Munich Re and Allianz are to cut their cross-shareholdings from 25% to around 20% by 2003 and restru...
Losses on Lime St.
Soft rates and high capacity have given the insurance sector little to smile about and Lloyd's is no...
Steffey quits as head of ReAC.
Nick Steffey, chief executive of loss-making Reinsurance Australia Corporation (ReAC), resigned last...
Bermuda hits back at US tax proposal.
Bermuda's government has finally joined in the row between US and Bermudian insurers over proposals ...
Technology takes its time.
An IT revolution is coming ... eventually. Adrian Leonard finds reports of technological transformation in the reinsurance industry greatly exaggerated.
In close touch.
Cameron Andrews finds IT suppliers keeping very close to reinsurers and the reinsurance market so that they can develop the products their clients need.
Hewes quits Lloyd's.
Bob Hewes, Lloyd's finance director, has resigned to pursue other interests. Mr Hewes was appointed ...
Maximum potential.
Does Max Re, Bermuda's new reinsurer, have the right recipe for success? Janina Clark meets a team with a new approach to risk.
New QBE head in US.
QBE has announced a new head of (re)insurance in the Americas. Tim Kenny has been promoted to presid...
Former GIO directors face shareholder lawsuit.
Former directors of GIO Australia Holdings and their adviser, Grant Samuel & Associates, are facing ...
ReDiary.
A fuller diary of events is available on the Reinsurance website at www.re-world.com. Entries for...
Bank opens captive.
Credit Suisse First Boston, the investment bank, has set up its first captive insurer. Based in Berm...
A golden opportunity.
The world's largest risk management event was the perfect venue for showcasing e-commerce initiatives. Janina Clark reports from last month's Rims meeting in San Francisco.
Max Re opens in Ireland.
Max Re, the finite risk reinsurer that set up in Bermuda at the start of the year (Re, February 2000...
2020 vision.
The winners in any business are those able to predict the future most accurately. Janina Clark hears top executives at the Reinsurance Lunch Forum envisaging life in 2020.
Co-operation in operations.
Mike Hannan reflects on this year's London Processing Centre conference and urges (re)insurers to work together on IT issues.