News
News in brief - Unionamerica.
Standard & Poor's has lowered its long-term counterparty credit and insurer financial strength ratin...
Results in brief - Markel.
US (re)insurer Markel made a loss of $27.6m in 2000, down from a profit of $40.6m in 1999, despite m...
Gen Re sells securities arm.
General Re is to sell a controlling stake in Gen Re Securities Holdings. The derivatives and secu...
XL pays $600m for Winterthur.
Bermudian (re)insurer XL Capital is to expand significantly its property and casualty business with ...
Blanch faces lawsuits.
US reinsurance broker EW Blanch is facing two shareholder lawsuits over the massive drop in its shar...
Outlook bright for catastrophe modelling.
Gone are the days of unsophisticated catastrophe prediction. The newest software can now analyse catastrophe risk and provide wider management analyses, reports Adrian Leonard.
Munich in cat bond move.
Munich Re has arranged what it claims to be the largest ever reinsurance catastrophe securitisation,...
News in brief - Sirius International.
Sirius International has expanded in London by recruiting a trade credit and political risk team fro...
Dynamism delivers.
More flexible software contributed to the California Earthquake Authority's decision to use dynamic financial analysis. Dynamic modelling duo Dr Andrzej Czernuszewicz and Dr Peter England chart the growing interest in this form of risk assessment.
Net snares new risks.
Internet trading offers plenty of business opportunities - as well as throwing up serious questions about risk that (re)insurers have to deal with, say Kit Burden and Duncan Pithouse.
Appointment at PartnerRe.
PartnerRe has recruited Marvin Pestcoe to the new position of global head of new solutions. He will ...
Founders quit Lat Am Re.
Three of the four founders of Latin American Re have left after XL Re bought the outstanding 4% stak...
Westminster goes to AGF.
Allianz's transport arm, AGF MAT, has bought London-based Westminster Aviation Insurance Group. A...
Hiscox hits heights.
An equity investment fund that puts all its money into insurance shares probably seems silly to anyo...
News in brief - Nigerian Re and Nicon Insurance.
Potential buyers of 51% of the shares in Nigeria's Nigerian Re and Nicon Insurance have until 5 Marc...
Nuclear revival raises concerns.
Unlikely as it seems in the increasingly environmentally conscious world, nuclear energy is not just surviving but may even expand. Maria Kielmas investigates the liability issues.
Raising reinsurance standards.
Argentina's reinsurers and brokers have to abide by new rules, but they are not all happy, report Mauricio Kitaigorodzki and Vic Wyman.
Liquidator at a loss.
Steven Schwartz reviews Alabama Re's recent success in defeating an aggressive claim by the liquidator of Inter-American Insurance Company of Illinois.
Names continue to fight.
The organisation that represents Names who rejected the 1996 restructuring of Lloyd's has promised t...
News in brief - The St Paul Companies.
China has given The St Paul Companies permission for its main underwriting company, St Paul Fire &Ma...
Businesses beware.
A survey by The St Paul Companies has revealed that businesses are woefully unprepared for technology risks. Adrian Leonard reports.
Gerling shakes up UK arm
A management shake-up at insurer Gerling will see the native Australian chief executive officer of Ge...
Cox in universal tie-up
Cox Claims Management has signed a two-year vehicle disposal contract with Universal Salvage covering...
Legal & General profits up
Legal & General reported pre-tax operating profit on an achieved basis of £678m for 2000, up 4%, toda...