News
Is the price right?
Lloyd's capacity auctions have successfully allocated almost $9m of syndicate capacity in their first five years, but why do prices remain so low? Robert C.B. Miller investigates.
Lloyd's restructure.
Following a restructuring of Lloyd's business units, Julian James (pictured) has been promoted from ...
Singapore Re shares split.
The Singaporean authorities have approved a split of the shares of Singapore Re into five parts to b...
Enhance Re to be sold.
New York-based financial guaranty reinsurer Enhance Re is to be sold to the Radian Group, the Philad...
Qantas orders 'superjumbo'.
Airbus looks certain to build its huge A3XX "superjumbo" (artist's impression above with mock-up) fo...
Duguid leaves Lloyd's for GAUM integration role.
Andrew Duguid, Lloyd's director of development, is to join Global Aerospace Underwriting Managers (G...
Occurring again.
The meaning of the word 'occurrence' was debated once again when the Court of Appeal ruled in Mann v Lexington. John Butler reports.
First female chair.
Deirdre Littlefield, senior vice-president of divisional special lines at Swiss Re, has become the f...
Map Underwriting opens for business.
Map Underwriting, the new Lloyd's syndicate of former Amlin underwriter David Shipley, has opened fo...
Rogue rulings in UK
Key judgements in the UK in 2000 will affect many aspects of (re)insurance business - from placing to commutation. Dorothy Cory-Wright of law firm DJ Freeman reviews the year, including some maverick rulings.
ReMetrics recruit.
Benfield Greig has recruited Jean-Paul Conoscente to Greig ReMetrics, its catastrophe risk, financia...
Cathedral Capital's reinsurance syndicate 2010.
Cathedral Capital's reinsurance syndicate 2010 began underwriting at Lloyd's last month. Elvin Patri...
Zurich Re opens office in Paris.
Zurich Re (Cologne) has opened an office in Paris, Zurich Re France, offering life, health and accid...
Life looks up for Lloyd's.
The Lloyd's market is suffering as much as the rest of the (re)insurance world at the moment, but th...
Swiss Re sells risk business.
Swiss Re is to sell Bermuda-based International Risk Management Group (IRMG). IRMG's captive mana...
Tough talk.
GE Frankona Re intends to take a tougher approach to ensure long-term viability, Bob Dellinger (far left) and Bernhard Fink tell Eric Alexander.
A realistic optimist.
Most markets inspire little confidence among reinsurers says Hannover Re's chairman Wilhelm Zeller, but he tells Adrian Leonard that he still predicts strong growth for most of the group.
Swiss Re owns SIC.
Swiss Re has completed the purchase of the 65% of the Italian bonding and credit (re)insurer SIC tha...
Latin HQ for Ace.
Insurer Ace International is setting up a Latin American headquarters in Sao Paulo in Brazil. Acacio...
Build that brand.
The changing reinsurance market means that it is more important than ever for companies to take a new look at how they market themselves, says Gaye Torrance.
Broker in Bermuda.
Broker Guy Carpenter has opened a (re)insurance office in Bermuda, run by Bert Golinski. He continue...
Reinsurers stand firm for higher renewal rates.
Despite furious market activity during December the possibility of all reinsurance renewals being in...
Lloyd's chairman moves to broker.
Lloyd's chairman Max Taylor is to join broking giant Aon when his three-year term of office finishes...
US trial trends.
Unicover, Equitas, the disclosure of documents, extra-contractual damages and arbitration have all figured in US reinsurance cases in the last year. Michael Knoerzer, Larry Schiffer and Stephen Kennedy of law firm LeBoeuf, Lamb, Greene & MacRae review…