News
The legacy of Pan Atlantic.
John Butler outlines the application of a monumental ruling on non-disclosure and misrepresentation.
First corporate cat risk securitisation.
US investment bank Goldman Sachs has placed what it claims is the first securitisation of catastroph...
Reinsurers on awards shortlist.
Seven companies have overcome tough competition to make it onto the shortlists for the two reinsuran...
RAA officers.
John Smithson has been elected chairman of the Reinsurance Association of America (RAA). He is chair...
Lloyd's axes four units in restructuring.
Nick Prettejohn, Lloyd's chief executive designate, has restructured the Corporation of Lloyd's in a...
Southern discomfort.
Swiss Re Southern Africa's Lenz Keel talks to Jeremy Golden about difficult conditions, increasing non-proportional business and regional expansion.
Unum to dispose of reinsurance arm.
US disability insurer Unum is to dispose of its reinsurance businesses in order to concentrate on it...
LaSalle tries to ward off more blows.
Bermudian reinsurer LaSalle Re has run into more difficulties following its decision in April to boo...
No profits down under as ReAC posts losses.
Sydney-based reinsurer Reinsurance Australia Corp. (ReAC) reported severe underwriting losses of A$1...
Chubb joins RAA.
New Jersey-based reinsurer Chubb Re has joined the Reinsurance Association of America (RAA), bringin...
Arig Re in Malaysia.
Arig Re, the reinsurance operation of the Arab Insurance Group, has opened an East Asia regional off...
Mariners hope for a lifeboat.
Strong competition and continuing consolidation meant there was little news to cheer marine underwri...
Nac Re acquired by XL Capital.
Nac Re, the US reinsurer that is being acquired by Bermudian insurance group XL Capital, reported a ...
And then the sky fell in.
The experts claim to be confident that the millennium bug has been eradicated from aviation systems, but does that really mean there will be no Y2K claims? Adrian Leonard investigates.
Open market, open minds.
Post-deregulation Japanese players are having to develop new products to combat the competition from international firms. Jeremy Golden reports.
Syndicate to bridge the capital gap.
Lloyd's is considering the introduction of a new type of syndicate to smooth over the occasionally b...
Time for a long, hard look.
Talk of market changes, both current and future, dominated the International Underwriting Association of London's seminar in Stockholm, reports Janina Clark.
Lloyd's predicts a return to losses.
Lloyd's global results, revealed last month, show red ink creeping back into the accounts. Alex Beatty reports.
GIO Re review shows massive losses.
Australian (re)insurer GIO Re is facing losses of at least A$300m ($200m) on its reinsurance busines...
ALM says Names' returns beat corporates.
Names achieve better average returns at Lloyd's than quoted corporate capital vehicles, according to...
Ayala for Latin.
Latin American Re has named Luis Ayala as its regional managing director in Argentina for the Mercos...
Bad news for good media relations.
The rationalisation of the once mighty - and very expensive - Lloyd's bureaucracy continues apace wi...
Turbulent times.
Changes to passenger liability limitations are still surrounded by considerable uncertainty, reports Stacey Shapiro.
London market broker provides backing.
A London market broker has provided the backing for an innovative new bar in the City of London wher...