News
Appointment at Swiss Re.
Peter Forstmoser (right) has succeeded Ulrich Bremi as chairman of Swiss Re's board of directors. Mr...
Fallen Star.
Signet Star Re's parent WR Berkley of the US recorded a 16.2% year-on-year fall to $63.3m in net rei...
Schell becomes president of St Paul Re.
Mike Schell, managing director of St Paul Re UK (pictured), has been appointed to the newly created ...
Tipping the balance.
Does each party to a reinsurance dispute have the right to appoint an arbitrator, and can that right be lost? Peter Chaffetz and Steven Schwartz examine two seemingly contradictory decisions.
Appointment at IPC Re.
James Bryce (below) has been promoted to succeed John Dowling as president and CEO of Bermudian prop...
Moody's sees £3bn losses at Lloyd's.
Moody's has substantially increased its forecast of losses at Lloyd's in the next three years. It...
Swiss Re twister.
Swiss Re has published a report on the impact of tornadoes on the (re)insurance industry. Called Twi...
Reinsurers join credit association for first time.
Reinsurers have become part of the membership of the International Credit Insurance Association (ICI...
Appointment at Tempest Re.
Jacques Bonneau, who was appointed in late 1999 by Tempest Re to lead its multiline expansion into t...
Scor in Japan.
Scor has made its representative office in Tokyo into a services company, Scor Services Japan. It in...
QBE closes Limit deal.
QBE's long-running battle for Limit finally ended last month as its offer for the Lloyd's-based insu...
Rhine Re changes its name to Alea.
Rhine Re has changed its name to Alea and adopted a new logo. The new name is a reference to a comme...
Where there's life, there's hope.
Maybe it was due to the quality of Swiss Re's hospitality, but the experts gathered for the latest Reinsurance Lunch Forum were remarkably upbeat about prospects for the UK's life & health reassurers. Janina Clark reports.
Recurrent event.
The words 'event' and 'occurrence' are still causing problems for reinsurers. John Butler looks at the recent case of Mann v Lexington.
Capital ideas.
Craig Pettengell, St Paul Re's securitisation guru (right), believes reinsurers have much to learn from capital markets. Adrian Leonard reports.
Stormy time for IPC.
The development of losses from the storms in Europe at the end of 1999 and other catastrophes in 199...
American Re profit halved.
American Re's net income in the quarter to the end of June slumped by half to $22.2m from $45.7m a y...
PartnerRe income up.
PartnerRe boosted its net income to $51.5m in the three months to the end of June from $20.3m a year...
Mill' Re takes slice of Turkish cat pool.
Turkish reinsurer Mill' Re is to take an estimated 2-4% of the premiums of the 10 million or more po...
XL predicts P&C rate rise.
Bermudian group XL Capital predicts that the rise in property casualty reinsurance prices that it ha...
ART takes the strain.
The growth of credit and political risk insurance is accompanied by an increasing interest in alternative ways of handling the risks, says Tony Dowding.
Appointment at Secura Belgian Re.
Jan Leflot is to take over as managing director and president of Secura Belgian Re when Andre De Bon...
How to set the right rate.
The complexity of securitisation deals means that rating agencies have plenty of work to do to assign a rating to a catastrophe-linked security. James Doona, a director of insurance ratings at Standard & Poor's, explains his company's approach.
PXRe blames its losses on weather.
The continuing poor performance of PXRe has led rating agency Standard & Poor's to put the group on ...