News
Korea reinsures more abroad.
The outflow of reinsurance from South Korea to foreign insurers has soared this year, according to t...
Rocking reinsurer.
Copenhagen Re celebrated 25 years in the London market last month with a party for 450 guests. Inste...
West side story.
Gerling Global Re of America is to set up a casualty treaty underwriting operation at its casualty f...
French reinsurers face resistance.
Adrian Leonard finds soft markets at home and abroad creating problems for France's reinsurers.
In search of the truth.
In his third article* on the Weavers pool litigation, John Butler considers the question of misrepresentation.
Few rate increases on the horizon.
The end of October saw the last annual pilgrimage of insurers and reinsurers to Baden-Baden before t...
Fewer trades and static prices.
This year's auction season suggests that Lloyd's is facing something of a watershed, with the corpor...
French floods trigger cat fund.
The floods that hit south-western France last month have been officially declared a natural disaster...
Japan aims to up quake cover.
Japanese insurers are lobbying the government to help increase the take-up of domestic household ear...
Britannia's rules.
UK LEGAL REVIEW [ QQ As the new millennium approaches, the legal landscape affecting the insuranc...
Slow to change in San Diego.
Janina Clark found few signs of improvement in the US reinsurance market at the NAII's annual meeting.
Scor cuts US property fac.
French reinsurer Scor has closed two offices in the US to rationalise its property facultative opera...
Study finds too much capital in US p&c.
The US property and casualty market is overcapitalised by as much as $100bn, according to a study by...
Stuck in first gear.
Prospects for European motor reinsurers look grim, with the current woes of the market magnified at the reinsurance level. Cameron Andrews reports.
St Paul expands in regions
St Paul International has appointed two UK regional underwriters: Mick Laws, formerly of Independent ...
Sutcliffe to head up Old Mutual life business
Jim Sutcliffe, previously deputy chairman of Liberty International, and previously chief executive UK...
Lloyd's forecasts losses
Lloyd's latest forecasts show that the market expected to make losses of £94m ($150m) for the 1997 ye...
Axa forms Japanese joint-venture
Axa is to take control of Japanese life insurance firm Nippon Dantai and invest up to 1.9bn euros int...
CGU in Royal Bank of Scotland venture
CGU is expected to take a £150m joint stake in Royal Bank of Scotland's life subsidiary, which market...
Norwich Union makes Dublin investment
Norwich Union is to establish up a Dublin-based company to market single-premium investment products ...
CGU ties up £125m outsourcing deal
CGU has signed a seven-year, £125m contract with IBM Global Services, which will see IBM run its data...
Bennetts buys up Sheppeard
Bennetts Insurance, the independent motor and household intermediary has acquired David Sheppeard Ins...
Big Budget buy.
City solicitor Norton Rose is acting for personal lines intermediary Budget Group on its acquisition...
The case for a case manager.
The few case managers that practise in the UK are not regulated or controlled and have no recognised...