News
Appointment at Willis.
John Horsley, managing director of Willis's aerospace division, is to succeed Martyn Hedley as chief...
Germany may cover terror.
Germany's insurance trade association expected the German government to decide by early May whether ...
Reweb - First seen on the Reinsurance website
Munich Re has reported a provisional group profit of EUR250m in 2001, a drop of EUR1.5bn from the pr...
Hurricane forecasting team predicts above average hurricane season.
Colorado State University's hurricane forecasting team has reduced its earlier storm activity foreca...
Terror writer to reveal all.
The insurer set up recently by six of the world's largest (re)insurers to write European property te...
Re-Results in brief.
RenaissanceRe, the Bermudian property catastrophe reinsurer, has reported a 94% increase in profit t...
Signs to the cycle path.
New premium rating indices published by Lloyd's should help syndicates to measure and manage the ups and downs of the insurance cycle. Robert CB Miller reports.
Hiscox covers 'quake risk.
Hiscox Syndicates has bought a $33m catastrophe bond to protect syndicate 33 from exposure to earthq...
Investors put money into reinsurer PXRe.
Three investors have put $150m into Bermudian reinsurer PXRe, raising its capital to over $500m. The...
Europeans plan rival to ICAO aviation cover.
European airlines are working on an equivalent to the US Equitime mutual scheme to provide aviation ...
Appointment at Appleby Spurling & Kempe.
Peter Bubenzer (right) succeeded Dianna Kempe as managing partner of Bermudian law firm Appleby Spur...
Life crisis prompts change.
More and more foreign companies are sniffing around Japan's life market, which has seen huge collapses and extensive restructuring. More change is on the way, says Charles Garnsworthy.
Peak performer.
Ken Taki (right) tells Jeremy Golden how Toa Re is trying to maintain its lead in Japan's rocky reinsurance market, with overseas expansion also
EC wants nuclear liability authority.
The European Commission (EC) has told the member states of the European Union (EU) that it rather th...
Discovery doubt.
Peter Chaffetz and Steven Schwartz consider further US court rulings on the power of reinsurance arbitration panels to compel third-party discovery.
Rims to boost membership to raise funds.
Christopher Mandel (above), the incoming president of Rims, plans to embark on a membership drive to...
Appointment at XL Capital.
Robert Clements, one of the founders of Bermudian (re)insurer XL Capital, has left the board of the ...
China licence for Munich Re.
Munich Re has said it expects to be the first foreign company to be given a reinsurance licence to o...
Charles Taylor creating a loss adjusting division.
Insurance consultancy Charles Taylor is creating a loss adjusting division called CTC Services by co...
Positive player.
Wendy Baker, president of Lloyd's North America, tells Marcus Alcock that, despite the losses stemming from 11 September, she is optimistic about the future for Lloyd's in the US market.
Non-life lacks vigour.
Company collapses, failed mergers and deregulation have all hit the Japanese non-life direct market, but there are opportunities for reinsurers, reports Jeremy Golden.
Liability cover gets critical.
The reduction in terrorism (re)insurance available since last September's terrorist attacks in the U...
Many a slip ...
The first risk using London's new slip was finally placed at Lloyd's in February, but London's efforts to reform its business practices are far from complete. Pravin Jeyaraj reports.
Aliens seek US change.
Foreign reinsurers writing business in the US could be relieved of the onerous funding requirements ...