News
Fraud boss rejects the "Poirot" approach
I read with interest Kevin Roberts' letter (Changes to fraud laws, Post Magazine, 12 December, p8) ...
Scor restructures
Scor plans to scale back its underwriting in the US and Bermuda and in unprofitable lines by 10%, o...
Rebriefs - Markel expects writing business soon
US (re)insurer Markel expects to start writing business at a new casualty facultative reinsurance d...
Rebriefs - SVB Holdings to stop
Lloyd's (re)insurer SVB Holdings is to stop writing US liability reinsurance as it sees better retu...
Gerling sells off reinsurance
The German (re)insurer Gerling plans to withdraw from the reinsurance market by the end of 2002 thr...
News in brief - Zurich subsidiary stops writing business
Zurich Financial Services's Bermudian subsidiary Centre has stopped writing credit enhancement busi...
Insurers in the US face claims after snowstorms.
Insurers in the US could face claims of $1bn for losses in the fourth quarter of 2002 after snowstor...
Arig seeks capital after rights issue fails
The Arab Insurance Group (Arig) has been in talks with its main shareholders in an attempt to raise...
Appointment at FFSA
The French Federation of Insurance Companies (FFSA) has created a committee to find a replacement f...
Marine insurers oppose plan
Marine insurers and brokers are opposing a plan by the International Maritime Organisation (IMO) to...
News in brief - Management of broker Glenrand to buy shareholding
The management of the London market (re)insurance broker Glenrand is to buy the shareholding of Gle...
Swiss Re's new London headquarters
The builder of Swiss Re's distinctive new London headquarters put on a light and laser display in N...
ABB seeks buyer for Sirius
Engineering giant ABB is believed to be actively seeking a buyer for its Stockholm-based reinsurer ...
reweb - First seen on the Reinsurance website
Reinsurance broker Benfield Group plans to list on the London Stock Exchange in the first half of 20...
UK revisits key legal issues
The UK courts tackled recurring issues such as aggregation and jurisdiction again in 2002, but some decisions increased uncertainty in areas of (re)insurance law. Dorothy Cory-Wright of law firm DJ Freeman reports.
Premium growth slows
A new report from Swiss Re shows just how hard the world's insurers were hit by claims and stock market turmoil in 2001. Ulrike Birkmaier and Camille Codoni crunch the numbers.
After the deluge
The floods that hit central Europe in August obliterated all the profit reinsurers had garnered from the Czech Republic since liberalisation. Adrian Leonard looks at the current state of the market.
Generali stops writing insurance for space projects
The leading space insurer Generali has stopped writing insurance for space projects but has not rul...
Appointment at the Irish Financial Services Regulatory Authority
Liam O'Reilly (below) has been appointed chief executive of the Irish Financial Services Regulatory...
Towers Perrin buys Claytons
US reinsurance broker Towers Perrin Re has significantly increased its size and established a Londo...
US grapples with WTC
Issues from 11 September 2001 dominated the US legal scene in 2002 but courts reached other significant decisions. Michael Knoerzer, Larry Schiffer, Gordon Hwang and Eileen Kennelly of LeBoeuf, Lamb, Greene and MacRae go behind the headlines.
Czechs suffer record fire loss
A $75m business interruption and property damage claim arising from a fire that destroyed a chemica...
Wanted: new parents
A significant number of the world's reinsurers must be feeling pretty unloved at the moment. Pa...
News in brief - Euclidian will write more reinsurance
Lloyd's (re)insurer Euclidian will write more reinsurance in the 2003 underwriting year at its synd...