News
Swiss Re's new London headquarters
The builder of Swiss Re's distinctive new London headquarters put on a light and laser display in N...
ABB seeks buyer for Sirius
Engineering giant ABB is believed to be actively seeking a buyer for its Stockholm-based reinsurer ...
reweb - First seen on the Reinsurance website
Reinsurance broker Benfield Group plans to list on the London Stock Exchange in the first half of 20...
UK revisits key legal issues
The UK courts tackled recurring issues such as aggregation and jurisdiction again in 2002, but some decisions increased uncertainty in areas of (re)insurance law. Dorothy Cory-Wright of law firm DJ Freeman reports.
Premium growth slows
A new report from Swiss Re shows just how hard the world's insurers were hit by claims and stock market turmoil in 2001. Ulrike Birkmaier and Camille Codoni crunch the numbers.
After the deluge
The floods that hit central Europe in August obliterated all the profit reinsurers had garnered from the Czech Republic since liberalisation. Adrian Leonard looks at the current state of the market.
Generali stops writing insurance for space projects
The leading space insurer Generali has stopped writing insurance for space projects but has not rul...
Appointment at the Irish Financial Services Regulatory Authority
Liam O'Reilly (below) has been appointed chief executive of the Irish Financial Services Regulatory...
Towers Perrin buys Claytons
US reinsurance broker Towers Perrin Re has significantly increased its size and established a Londo...
US grapples with WTC
Issues from 11 September 2001 dominated the US legal scene in 2002 but courts reached other significant decisions. Michael Knoerzer, Larry Schiffer, Gordon Hwang and Eileen Kennelly of LeBoeuf, Lamb, Greene and MacRae go behind the headlines.
Czechs suffer record fire loss
A $75m business interruption and property damage claim arising from a fire that destroyed a chemica...
Wanted: new parents
A significant number of the world's reinsurers must be feeling pretty unloved at the moment. Pa...
News in brief - Euclidian will write more reinsurance
Lloyd's (re)insurer Euclidian will write more reinsurance in the 2003 underwriting year at its synd...
(Re)insurers face reported loss
(Re)insurers face a reported loss of about EUR300m as a result of the failure of a Russia-launched ...
Rising waters, rising losses
Recent events have focused attention on the possible frequency and severity of floods. Adrian Leonard reports on the latest catastrophes and investigates the potential and pitfalls of flood modelling techniques.
Appointment at Alea North America
Jim Roberts has been appointed to the new position of executive vice-president and chief underwriti...
Catlin raises funds to back underwriting
Catlin Westgen Group has completed the raising of $532m to back its underwriting at Lloyd's and at ...
Appointment at Liberty syndicate 282
Liberty syndicate 282 has taken on three experts in reinsurance and retrocession business from Gerl...
News in brief - Fallin earnings at Converium
Falls in earnings at the Swiss, US and German operations of reinsurer Converium, due mainly to rese...
US terror bill slows renewals
The long-awaited approval of a federal US backstop for terrorism cover is delaying 1 January renewa...
Rebriefs - French group Axa drops search
French (re)insurance group Axa has dropped its search for a 'partner' for its reinsurance unit, Axa...
Struggling ERC faces sale
The future shape and ownership of GE Employers Re (ERC), the world's fifth largest reinsurer, is un...
Reinsurers stick to their guns
Reinsurers are determined to claw back losses by pushing through rate increases at 1 January, but the price rises will not be enough to solve the market's woes, says Janina Clark.
Diary
JANUARY 2003 30 - Modernising Lloyd's: The Blueprint for Change London, UK IBC +44 19...