News
Ugandans back first domestic reinsurer
A new domestic Ugandan reinsurer could be doing non-life business by the end of the year, after att...
Rebriefs - Incisive Media publishes 2003 Directory
Incisive Media has published its 2003 UK Insurance Directory, priced at £285. Subscribers to Reinsu...
Swiss Re taps growing fears
Swiss Re has stepped up its campaign to highlight the risks of the unavailability of water. Las...
Mapfre plans next moves
Spain's largest reinsurance firm, Mapfre Re, plans to focus on new markets and expand its business ...
A little discipline goes a long way
It is now time for insurance companies to take positive action. With the dramatic increase in risks - and claims - the industry must ensure its product is priced at the right level and that risk management is pushed high up on the agenda, says Rachel…
Appointment at Catlin
Paul Jardine (right) has been appointed chief executive of Lloyd's managing agency Catlin. Before, ...
The dragon stirs
With colossal growth forecast for the Chinese (re)insurance market, and post-WTO liberalisation opening up the country, foreign (re)insurers ignore China at their peril, warns Dr Kai-Uwe Schanz.
Moody's says Lloyd's will halt losses
Losses at Lloyd's could total £4.5bn for the 2000 and 2001 years of account, but the market will re...
Chairman of Alea (Bermuda) resigns
Loay Al-Naqib, chairman of (re)insurer Alea (Bermuda) has resigned. He is not being replaced. As ch...
Rebriefs - Moody's downgrades Copenhagen Re
Rating agency Moody's has downgraded from 'Caa2' (very poor) to 'Ca' (extremely poor) its financial...
Appointment at Endurance Specialty
Endurance Specialty, the Bermudian (re)insurer, has appointed Thomas Bell president. Mr Bell was fo...
Prospects look good for ART
In the post-11 September 2001, post-Enron world of hard (re)insurance rates, jittery shareholders and woeful investment returns, what future is there for alternative risk transfer? Janina Clark finds some predictions in a recent Swiss Re sigma report.
Rebriefs - Aon and Marsh licensed in India.
Aon and Marsh have become the first foreign (re)insurance brokers to be licensed in India. Each will...
Speed is of the essence
As I write, the US and the UK appear to be on the brink of war with Iraq. After weeks of diplomatic...
Major catastrophe losses on the rise
The number and severity of major catastrophes and the resulting insured losses are increasing, acco...
Gerling faces crisis over reinsurer sale
The future of the crisis-hit reinsurance operations of the Gerling (re)insurance group of Germany h...
Results in brief
French government-owned reinsurer Caisse Centrale de Reassurance (CCR) saw its net profit drop to E...
Rebriefs - DJ Freeman to be renamed
London law firm DJ Freeman will be renamed Kendall Freeman next month. The firm's property and tech...
Asia moves slowly
There are finally signs of interest in developing countries in non-traditional methods of transferring risk, says John Sanders.
In search of Mayan gold
Reinsurers are attracted to Mexico, despite its high exposure to natural risks. A population of more than 100 million and the second largest economy in Latin America are the main draws, says Mauricio Kitaigorodzki.
Closeness is a necessity
US (re)insurers have woken up to the fact that they are not favourites of the federal government, but there is plenty of argument over whether a federal regulator would help them get closer to the Capitol, says Patricia Vowinkel.
Appointment at Axa Re
Hans-Peter Gerhardt is moving from GeneralCologne Re to become chief executive of Axa Re of France ...
More vigilance is vital
It's a dangerous world out there and - on the brink of war in Iraq - it's getting manifestly riskie...
Annuity & Life delays results
The Bermudian company Annuity & Life Re has delayed the release of its fourth-quarter 2002 results ...