News
New chair at Safr.
Graham Dimmock, managing director of Paris-based Safr PartnerRe, has succeeded Herve Cachin as chair...
West's new role.
Ashton West has succeeded ReIntra's first chairman Maurice Gowen. The UK-based medical and occupatio...
Reading between the lines.
Policyholders of Reliance Re were able to breathe a sigh of relief last October when Bermudian reins...
Lloyd's Canada has been set up.
Lloyd's has set up a Canadian subsidiary, Lloyd's Canada, which has contracted out services to Telus...
Playing with fire.
The Asian economic crisis has led to a severe drop in business confidence in the region, along with a growing demand for political risk insurance, says Daniel Wagner.
Top of the Towers.
Management consultant Towers Perrin has appointed new senior managers, with president Mark Mactas be...
A chance for the little guy.
So who will win the race to develop the internet-based reinsurance trading system of choice? For ...
Munich American Re upgraded.
Rating company AM Best has removed life reinsurer Munich American Re from review and upgraded its fi...
Natural losses set to rise.
Losses from natural catastrophes will continue to rise as the number of events increases, predict th...
Non-events a possibility.
An occurrence is likely to be the same as an event, says John Butler. However, either could have different meanings in facultative reinsurance and catastrophe excess of loss cover.
Winterthur Re downgraded.
Rating company Standard & Poor's has downgraded its counterparty credit and insurer financial streng...
Corifrance shuts London contact office.
Paris-based Compagnie de Reassurance d'Ile de France (Corifrance) has shut its London contact office...
Confidence lifts Lloyd's capacity.
Capacity at Lloyd's has risen by £1bn ($1.48bn) for this year to £11.06bn, the biggest annual increa...
Lloyd's associations to merge.
Four Lloyd's market associations are to merge under the existing umbrella organisation the Lloyd's M...
Judging our genes.
The UK's decision to allow life assurers access to genetic test results for Huntingdon's disease sparked widespread criticism. Keith Sankey reports.
Getting out on top.
Ipe Jacob of Grant Thornton argues that solvent schemes of arrangement are often the best and most logical option for owners of (re)insurance entities or portfolios that have ceased to underwrite new business.
Bermuda to cut tax take.
The amount of payroll tax levied on international businesses in Bermuda is to be reduced by millions...
Clark joins CNA.
CNA Re has appointed David Clark vice-president of international treaty business, based in London. M...
Amlin secures support.
Insurer Amlin has secured £50m ($74m) of syndicated Letters of Credit to support its growth in under...
XL rebrands reinsurance.
Bermudian insurance group XL Capital is creating a global brand - XL Re - for its reinsurance operat...
Internet trading battle begins.
An internet-based reinsurance trading system set up by Gothaer Re of Germany has gone live in compet...
Balancing the balance sheet.
Adrian Leonard finds that financial reinsurance can do far more than just help companies meet their solvency targets.
Transatlantic buys 40% stake.
US company Transatlantic Re has bought a 40% stake for $30m in Kuwait Re, which writes mainly proper...
When worlds collide.
Peter Chaffetz and Steven Schwartz examine the conflicts between federal and state arbitration law.