News
Mapfre Re makes US acquisition.
Spanish reinsurer Mapfre Re is to gain a physical presence in the US by acquiring Chatham Re. Map...
The land of the free-for-all.
Despite low premium growth, high underwriting losses and more catastrophes in the US - and the resulting rash of takeovers - John McLaughlin finds signs of optimism.
Trio of laws transform the market.
Three recent changes in Bermuda law will affect the way insurers do business on the island, says Warren Cabral.
ReAC focuses on catastrophe.
Reinsurance Australia Corpo-ration (ReAC) is to exit aviation, space, marine, liability and medical ...
A run-in over run-off.
A US court has enforced a solvent scheme over strenuous opposition from a US creditor. Peter Chaffetz and Howard Seife explain the implications.
Help is at hand.
With tourism revenue shrinking, providing the international business community with adequate services has become increasingly important, says Cameron Andrews.
Reinvention keeps the island afloat.
Bermuda has become a reinsurance powerhouse but it must change constantly to survive, says Roger Crombie.
Wising up to e-trading.
Kevin Ashby shares his ambitious plans for developing e-commerce in global (re)insurance with Janina Clark.
Lloyd's unveils new rules for brokers.
Lloyd's has published proposals that would allow greater broker access to its market. Its plans w...
Brockbank takes off.
Brockbank Insurance Services (BIS) is to expand its aviation business in the US. From 1 January 2000...
Re goes online.
The Reinsurance website - re-world.com - is now live, carrying an online news service, the latest is...
Turkish pool worries insurers.
A plan by the Turkish government to set up a compulsory domestic property insurance scheme and insur...
Business interruption creates most claims.
Local insurers are still processing the claims from the Richter 7.3 earthquake that hit Taiwan on 21...
Dex ready to write marine.
The new Lloyd's marine hull syndicate being created by Swiss Re, Chartwell Re and marine mutual mana...
Of men and mortgages.
A skills shortage and limited office space are the main obstacles facing new entrants to the Bermuda market. Cameron Andrews reports.
St Paul closes US property.
St Paul Re is withdrawing from facultative property business in the US. The Minnesota-based compa...
Full of Seoul.
Bahrain-based Arig Re has strengthened its operations in East Asia by opening a liaison office in Se...
Ace hit by $35m catastrophe losses.
Catastrophes will cost Bermudian (re)insurer Ace an estimated $35m after tax in the quarter to the e...
Vanishing Venton.
Following the acquisition of the Venton Group by Underwriters Re late last year, the group has been ...
Amlin loses out.
PXRe Managing Agency has taken over management of Lloyd's first captive from Amlin Capital Managemen...
Insurance at heart of mortgage industry malaise
Bank and building society heads are to be warned by the government today that if the industry does no...
Rhine Re shuts London office
Rhine Re has closed the London market office of newly acquired Equus Re. The business underwritten by...
TMGRe in operational restructure
Tokio Marine Global Re in Dublin is to become the centre for the reinsurance operations of its parent...
HSBC cuts charges.
HSBC Bank has cut the charges on new personal pension plans to give customers higher transfer value ...