News
Syndicate gets first ever financial strength rating.
Moody's has assigned an 'Aa2' (excellent) financial strength rating to the Lloyd's-based Ace Global ...
Rediary.
OCTOBER 2000 2-3 6th African Reinsurance Forum Nairobi, Kenya (O) African Insurance Organisa...
Turning the tide.
Delegates at this year's IUMI conference in London were urged to take action on rates. Eric Alexander reports on the wake-up calls to the industry.
Amlin goes into the red.
Lloyd's-based Amlin has reported a five point improvement in its combined ratio to 110% for the six ...
Income down for US p&c.
The US property/casualty (p&c) industry's net income after tax fell by over a third to $10bn in the ...
Cologne Re wants more.
Cologne Re has said that its 1999 result was "unsatisfactory" despite reporting a net profit of EUR2...
Leedham switches.
Richard Leedham, a partner at UK-based law firm Paisner & Co, is to join the (re)insurance practice ...
Gerling buys Wright.
Gerling Global Re has bought London-based Wright Underwriting Group. The group started writing bu...
Closures at Crowe.
Lloyd's-based Crowe is to cease underwriting on its aviation syndicate 53 and marine excess of loss ...
New IUA member.
GeneralCologne Re UK has joined the International Underwriting Association, giving it access to the ...
JLT buys Bradstock marine and energy book.
UK-based broker JLT Risk Solutions (JLTRS) is to buy the marine and energy reinsurance business of t...
Asian cargo gets a lift.
Asia's recent economic crisis has led to increased interest in managing risk and improving cover, giving marine cargo (re)insurers a boost. Jeremy Golden reports.
Final battles.
The war of words resulting from the seizure of Kuwaiti aircraft by Iraq has come before the English courts 14 times in the past five years. Jonathan Sacher looks at the battles that have made up the war.
Taxing reforms.
Overall, changes in taxation and pensions in Germany should be good news for reinsurers, says Adrian...
Winds of change.
Storms have battered the market, but may not be enough to boost reinsurance rates. Eric Alexander canvasses views ahead of the Baden-Baden renewal talks.
Axiom severs ties.
Jay Johnson, former executive vice-president of broker Aon Re's southern region in the US, has bough...
PWC tax comparison.
PricewaterhouseCoopers has published its third edition of the International Comparison of Insurance ...
Do you feel lucky?
Reinsurers claim to be confident that rates will rise at the coming renewals, but the level of increases remains something of a gamble. Cameron Andrews reports from the Monte Carlo Rendez-Vous.
Arch Capital heads for Bermuda.
Yet another (re)insurer is set to move from the US to Bermuda, to take advantage of what it called t...
Taking cover from disasters.
More catastrophe reinsurance cover is being bought and more is being paid for it, but rates are stil...
Brokers join Alwen Hough.
London-based reinsurance broker Alwen Hough Johnson has acquired two teams of brokers from Heath Lam...
Total commitment.
Speed and service are the drivers behind a new on-line system for selling marine total loss reinsurance. Eric Alexander takes a look beneath the surface of TLO-Online.
Gathering Moss.
Andrew Moss has been appointed to succeed Bob Hewes as Lloyd's finance director. Mr Moss, who is cur...
You can't have it both ways.
The doctrine of 'apparent authority' is broad but does not operate if the person who invokes it knows a limitation on the authority or has taken steps to limit it, explains Peter Chaffetz.