News
A change in perspective.
The financial losses experienced after the World Trade Center attacks were enormous but it was the loss of life that was most shocking. Grover Davis says this has reinforced a team ethic within the industry.
Inreon aims high with liability expansion.
Electronic reinsurance trading platform Inreon has stated its aim to become the Microsoft of the rei...
A matter of definition.
The 11 September attacks moved terrorism on to another level and the industry has been struggling to revise the terms of terrorism since. Tim Hardy explains.
US insurers cede more to alien reinsurers
Alien reinsurers are taking a growing share of the reinsurance business in the US, according to a stu...
Yorkshire super-group to be formed
Three major independent brokers are set to merge in a move that will create a new Yorkshire-based com...
PartnerRe expects more aviation business
The Bermudian reinsurer PartnerRe expects to boost its aviation business this year to more than $200m...
Rate rises expected to continue
Reinsurance rates are more likely to increase in casualty lines than for property cover at 1 January ...
France looks for more terrorism pool reinsurance
The new terrorism pool in France wants to buy more reinsurance in order to reduce the call on the sta...
Endurance to open in London and New York
New Bermudian (re)insurer Endurance Specialty has applied to the UK's Financial Services Authority fo...
Hedges moves to Platinum as IPO goes ahead
Bart Hedges, former chief executive of Scandinavian Re, has joined Platinum Underwriters Bermuda as c...
Reinsurance market outlook poor, says Moody's
By Vic Wyman in Monte Carlo
Lloyd's not place for reinsurance says Converium chief
Lloyd's will revert to being a specialist insurer and will cease to write most lines of reinsurance, ...
Successful succession.
Succession planning can be a touchy subject, however, insurers, who have to deal with such unpleasant subjects for their customers every day, have no excuse for hiding their heads in the sand, says Paul Picknett.
ALM threatens sanctions.
Lloyd's could face a series of challenges by embittered Names if it tries to force through changes t...
EL: the way forward.
Tomorrow's seminar on employers' liability (see p2) should, if all goes to plan, create some consens...
Travel insurance now available from Abbey National.
Travel insurance from Abbey National is now available online at www.abbeynational.co.uk. Peter Jones...
CFA ruling boost for insurers.
Paul Shenton believes the Clipson ruling on personal injury cases is good news for insurers and consumers.
IBM denies speculation on Aurora acquisition.
IT giant IBM has denied any interest in purchasing Independent Insurance's run-off operation Aurora ...
Mini art show set up at Beckett Group.
As part of Beckett Group and Chubb Masterpiece's sponsorship of the ArtWorks exhibition at Blackthor...
MapInfo signs up to ACORD.
MapInfo, which provides insurers with technology to assess exposure to events on the basis of policy...
Appointment at Robertson Taylor.
Specialist broker to the live event industries Robertson Taylor has appointed a new head for its Llo...
Wellington reports increase in profit.
Lloyd's insurer Wellington has reported that its operating profit for the half year ended 30 June ha...
Green Flag to create 70 jobs.
Motoring assistance operation Green Flag will create 70 jobs in Liverpool, where it is opening a mot...
Broker dismay as MMA cuts EL.
Brokers have responded with dismay to the news that broker-only insurer MMA ceased to write employer...