News
Get modelling or miss the boat.
Two years ago Steve Mathews argued that the main reason for heavy losses in the marine market was non-technical underwriting, rather than overcapacity. Since then, he says, there have been improvements but not nearly enough to ensure long-term…
Rebriefs - Brit Insurance.
Brit Insurance has combined its Lloyd's and non-Lloyd's underwriting operations under the name Brit ...
Appointment at Ace.
The Bermudian (re)insurer Ace has appointed Evan Greenberg, the chief executive of Ace Tempest Re an...
Bermudians make mark.
At least half a dozen of Bermuda's new (re)insurers look set to figure in Reinsurance's ranking of th...
Results in brief.
Odyssey Re of the US recorded a 58% increase in net written premiums in the first half of this year ...
Future looks fine for finite.
Reports of the death of finite reinsurance have been greatly exaggerated. Adrian Leonard checks the pulse of finite, finds it still beating and says that good judgement should keep it alive.
EU will rule soon on airline cover.
The European Commission (EC) will hold its last formal hearing on 4 September on whether to recommen...
Rebriefs - XL Capital.
Henry Keeling, chief executive of the reinsurance arm of Bermudian company XL Capital, is to focus o...
Trenwick International downgraded.
Trenwick International, part of Bermudian (re)insurer Trenwick, has had its ratings lowered by Standa...
Gerling withdraws from US non-life reinsurance.
Gerling Group of Germany is withdrawing from the US non-life reinsurance market and has put its main...
Fairchild findings.
John Butler examines the reasons that have now been given for the House of Lords' decision in the Fairchild v Glenhaven asbestos case.
Appointment at PXRe.
Guy Hengesbaugh, former president and chief executive of LaSalle Re, has joined PXRe as president of...
US to merge terror bills.
Committees appointed by the US Senate and the House of Representatives were working during the Augus...
Liable to get much worse.
Huge payouts in medical malpractice cases, concerns about the increase in claims on errors and omissions policies and staggering losses on directors' and officers' cover add up to serious headaches for professional liability (re)insurers, says Patricia…
GIC plans to reinsure life.
India's monopoly non-life reinsurer, General Insurance Corporation (GIC), plans to begin reinsuring ...
Arig plans to raise $100m.
The troubled Arab Insurance Group (Arig) expects to raise $100m by 15 September in a rights issue th...
Pollution cloud covers southern Asia.
A brown cloud of pollution blanketing southern Asia is affecting rainfall, agriculture and human hea...
Rebriefs - Uganda Insurance Association.
The Uganda Insurance Association (UIA) plans to establish a domestic Ugandan reinsurer that might ev...
To follow or not to follow.
Peter Chaffetz and Steven Schwartz warn that uncertainty persists in the US over whether reinsurers will be made to follow their cedants' settlements, particularly in the light of two recent decisions in Ohio.
Appointment at Gerling Global General and Reinsurance Co.
Ulrich Bley has become managing director of Gerling Global General and Reinsurance Co., the London s...
No need to be defensive.
France's (re)insurers appear to have weathered the past year reasonably well. David Fanning analyses the figures and finds some reasons for optimism.
UK's Pool Re writes 'all risks' cover.
The UK's government-backed terrorism reinsurer Pool Re has extended its commercial property coverage...
Alternatives for terror.
The alternative risk transfer market could soon be able to offer cover for terrorism risk, says Dr Gordon Woo.
Names tackle Lloyd's.
The Association of Lloyd's Members (ALM) has urged members to hold off voting on radical reforms pro...