News
Ace creates environmental risk unit
Bermudian (re)insurer Ace is setting up a unit in Philadelphia, US to write environmental liability c...
Bush calls for terror decision by Friday
US president George Bush has called for work to finish this week on a federal backstop for terrorism ...
Lloyd's aims for franchise operation by the year-end
Lloyd's plans to appoint a franchise director and create its proposed franchise operation by the en...
One or two?
Last year's World Trade Centre attack brought the perennial 'occurrence' and 'event' question back into the spotlight. Giles Kavanagh and Ralph Bankes look at a recent aviation ruling in the UK and at the English courts' increasingly unified approach to…
Nessi to launch D'Artagnan
Former chief executive of Axa Corporate Solutions Jean-Marie Nessi is reported to be seeking $500-7...
Energy insurers face deep water challenge
Energy insurers will have to cope with future oil exploration being carried out in much deeper wate...
Appointment at Le Mans Re
France-based reinsurer Le Mans Re, part of XL Capital, has recruited two specialist underwriters. T...
Time to take stock
Reinsurers may have been reviewing their investment portfolios, but most are weathering the dramatic declines in the stock market, says Richard Willsher.
London needs a make-over
There is widespread acceptance in the London market that significant change is needed to ensure fut...
Hold tight for more bumps
Rates are up and terms and conditions are tightening but the future is still not rosy for reinsurers. Vic Wyman hears the predictions.
Max Re will write traditional lines
Bermudian reinsurer Max Re is to move into the hardening traditional reinsurance markets because of...
Up in the air
The future of third-party aviation liability cover remains unclear and the aviation sector is suffering from more expensive and restricted cover, says Vic Wyman.
Market talks sense
Reinsurers have been paying the price for years of low rates and are now determined that cedants pay the right price for their wares. Janina Clark and Vic Wyman report on the preliminary renewal talks at last month's Monte Carlo Rendez-Vous.
Appointment at Allied World Assurance
New Bermudian (re)insurer Allied World Assurance continues to grow. Thomas McKevitt (right) joins f...
Rebriefs - WR Berkley
US (re)insurer WR Berkley has set up a direct casualty facultative reinsurance unit called BF Re Un...
Rebriefs - Swiss Re
Walter Kielholz is expected to step down as chief executive of Swiss Re by the time he becomes chai...
Endurance aims for UK licence approval.
New Bermudian (re)insurer Endurance Specialty has applied to the UK's Financial Services Authority ...
Trenwick wins US backing
US (re)insurer Berkshire Hathaway is providing backing to enable Lloyd's managing agent Trenwick to...
More on than off
Adrian Leonard finds capital returning to the energy market as it finally hardens following major losses and years of overcapacity.
Scor drops bid for Gerling
French reinsurer Scor has pulled out of its exclusive negotiations with German (re)insurer Gerling ...
Capacity challenge
The promise of bigger aircraft and the apparent return of pre-11 September 2001 passenger traffic levels could be good for (re)insurers, says Eric Alexander.
Rebriefs - International Underwriting Association
The International Underwriting Association (IUA) of London is to create by January 2003 an affiliat...
No common view of state role
It might not be everyone's favourite topic but government involvement in (re)insurance was the catalyst for a lively lunch debate in Monte Carlo, hosted by Reinsurance and PricewaterhouseCoopers. Janina Clark reports.
Rebriefs - Cox
London insurer Cox has transfered its general aviation business to German insurer Allianz as part o...