News
Global Re's parent postpones share offer
Global Preferred Holdings, the US-based parent of the Bermudian life reinsurer Global Preferred Re, h...
AM Best maintains rating of Indian state reinsurer
Rating agency AM Best has maintained the 'A' (excellent) financial strength rating of Indian state re...
Axa records strongth growth in UK premiums during first quarter
Axa's UK general arm recorded an 8.2% increase in gross written premium during the first quarter of 2...
New reinsurance business boosts Arch Capital's results
Bermudian (re)insurer Arch Capital has written net premiums of $280.7m for the first quarter of 2002,...
John Berger elected RAA chairman
John Berger, president and chief executive of Chubb Re, has been elected chairman of the Reinsurance ...
Arig slashes jobs to improve profitability
Bahrain-based reinsurer Arab Insurance Group (Arig) cut its domestic workforce by 30% this year. Th...
Benfield expands into eastern Europe with BMS acquisition
Reinsurance broker Benfield Group has acquired the Czech and Slovak operations of broker BMS Harris &...
Odyssey Re reports 60% growth in premiums
A hardening market and a focus on more profitable lines of business helped US-based reinsurer Odyssey...
Axis reports first results
New Bermudian reinsurer Axis Specialty has written gross premiums of $265.7m in its first full quarte...
Appointment at Standard Life Healthcare.
Several new recruits have been taken on by Standard Life Healthcare's regional development team. Ian...
Beazley's e-system aims to cut queues.
Lloyd's insurer Beazley has launched an electronic, interactive queuing system Beazley IQ for its sy...
Appointment at Motor Investigation Agency.
Roy Roger has joined the Motor Investigation Agency as technical consultant. He worked for Royal & S...
Cornhill refused leave to appeal.
Allianz Cornhill has been refused leave to appeal the Clark v Ardington credit hire decision to the H...
Prophit Share launches fraud-buster software.
CRM specialist Prophit Share has developed software it hopes will enable insurers to attack fraud, o...
KWELM scheme end in sight.
The KWELM scheme of arrangement, one of the largest insurance insolvencies ever, could end within fo...
Appointment at Atrium Underwriters.
James Lee has joined Atrium Underwriters as compliance officer for the agency's two managed syndicat...
Industry enjoys a good reception.
Post Magazine held its 12th Annual Parliamentary Reception, which brought together a wide range of p...
Upping competence on underwriting.
Training is widely perceived as the most effective way to raise competence levels across the industry and so prevent underwriting losses. Richard Adams looks at how insurers are implementing such schemes.
Appointment at CNA Insurance.
CNA Insurance has made Andrew Dougall its European casualty underwriting manager. He will relocate t...
Troika was a one-off says government.
The government last week indicated that it was unlikely to respond to recent calls to extend Pool Re...
US pollution victory saves London billions.
London market insurers could be spared billions in potential pollution-related pay outs, following vi...
View from the Top - Andrew Torrance
Andrew Torrance, general manager, Allianz The industry is currently considering its response to a c...
Cox's Retail Division to acquire Brokersoft.
Lloyd's motor insurer Cox's Retail Division said it is now "in advanced negotiations" with Brokersof...
Appointment at Cooper Gay & Co.
Lloyd's broker Cooper Gay has appointed James Summers as joint managing director of its marine and e...