News
To follow or not to follow.
Peter Chaffetz and Steven Schwartz warn that uncertainty persists in the US over whether reinsurers will be made to follow their cedants' settlements, particularly in the light of two recent decisions in Ohio.
Appointment at Gerling Global General and Reinsurance Co.
Ulrich Bley has become managing director of Gerling Global General and Reinsurance Co., the London s...
No need to be defensive.
France's (re)insurers appear to have weathered the past year reasonably well. David Fanning analyses the figures and finds some reasons for optimism.
UK's Pool Re writes 'all risks' cover.
The UK's government-backed terrorism reinsurer Pool Re has extended its commercial property coverage...
Alternatives for terror.
The alternative risk transfer market could soon be able to offer cover for terrorism risk, says Dr Gordon Woo.
Names tackle Lloyd's.
The Association of Lloyd's Members (ALM) has urged members to hold off voting on radical reforms pro...
Limited taste for the exotic.
Dr Alan Punter explains why a hardening (re)insurance market and concerns over accounting practices mean a steady flow of alternative deals rather than a flood.
Appointment at Endurance Specialty.
Endurance Specialty has hired Daniel Izard to head its aviation and aerospace (re)insurance activiti...
Swiss Re sets up US advisory board.
Swiss Re has set up a US advisory board for Swiss Re America. The board is chaired by Swiss Re's chi...
Hurricane could produce over $50bn of losses says III.
A hurricane hitting central Miami, Florida, could produce insured losses of over $50bn, the Insuranc...
Small fortunes.
Newcomer Max Re made a small profit last year, while many of its established competitors had to dip into their reserves. Chief executive Robert Cooney (right) tells Roger Crombie why Max Re's underwriting flexibility and alternative investment strategy…
Insurers call for government terror pools.
Insurance associations in Japan and Italy are continuing to push for terrorism risk pools backed by ...
Rebriefs - World Trade Centre.
The US District Court for the Southern District of New York has ruled that World Trade Centre (WTC) ...
Petrobras still making waves.
View the pdf of this story The sinking in March 2001 of P-36, the world's largest semi-submersibl...
Forecast is promising.
There is a growing demand for financial protection against the effects on business of unusual but non-catastrophic weather, says Michael Corbally.
Weathering the storm.
It was the day that changed the world. Or was it? In many respects, the effects of 11 September on t...
Torrential rain leads to major flooding.
Torrential rain led to major flooding across large parts of central Europe last month. In the Czech ...
Appointment at Ace Asset Management.
Former managing director of the North American insurance practice of rating agency Standard & Poor's...
Rebriefs - GE Frankona Re.
GE Frankona Re has formed a London-based aviation unit led by Greg Dawson, who has 20 years' experie...
Appointment at Axis Specialty.
Michael Butt has resigned as a director of Bermudian (re)insurer XL Capital to chair the start-up Be...
German terror pool ready to write.
Germany's proposed state-backed terrorism insurer, Extremus, was expected to be licenced and to begi...
XL opens financial guarantee subsidiary in London
Financial guarantee insurer XL Capital Assurance of New York, part of the Bermudian (re)insurance gro...
ABI gains police access to suspected fraudsters.
After years in the pipeline, a significant step in the fight against fraud has finally been achieved...
A medical assessment.
The government's healthcare reform strategy has attracted a lot of attention - particularly from the insurance industry, keen to assess the implications for the private medical insurance sector and future healthcare provision. Dr Adrian Bull explains.