News
Appointment at American Re.
William Fischer has joined American Re's brokered group as senior vice-president for property busine...
Extremes do have value.
Adrian Leonard delves into extreme value theory modelling, which might be just the thing to predict the most unlikely events when pricing high-level excess of loss contracts.
Points of reference.
John Butler considers a case in which a European jurisdiction could not be assumed, despite the words of the contract.
Axa group sets up in New York.
The France-based Axa group has set up a New York aviation underwriting operation that opened for bus...
Lloyd's to hold auction.
Lloyd's will hold the first auction of underwriting capacity for the 2002 year of account on 4-5 Sep...
Shortlisted for Award.
Aon and JLT Risk Solutions have been shortlisted for the Lloyd's-sponsored Reinsurance Broking Initi...
CMGL buys Lambourn.
Claims Management Group (CMGL), which provides reinsurance management and other (re)insurance servic...
Appointment at Gerling Global Re Corp. of America.
Charles Troiano, the chairman and chief executive of Gerling Global Re Corp. of America has left the...
AM Best produces first rating for syndicate.
Rating company AM Best has produced its first rating for a Lloyd's syndicate, marking a further step ...
AIG plans to open at Lloyd's.
American International Group (AIG) is to set up an underwriting syndicate at Lloyd's backed by £100m...
Appointment at Employers Re Corp.
Employers Re Corp. (ERC) has appointed Larry Hunter-Blank specialty segment leader and Cliff Dunigan...
The big country.
Adrian Leonard reveals that US business has proved increasingly important for Lloyd's, even in the soft markets of recent years.
Non-life gets a shake-up.
Japan's non-life market has had its fair share of problems; deregulation, a spate of natural disasters, increased car theft and much more. However, Jeremy Golden sees some signs for optimism.
Alleghany rethinks Lloyd's.
Alleghany Underwriting's syndicate 376 at Lloyd's is likely to follow the 29% loss in the 1998 year ...
Odyssey Re shares.
An initial public offering of 26% of the shares of Odyssey Re raised about $308m on the New York and...
Wise in deal with Acord.
E-commerce standards organisation Wise is to transfer its standards work to the insurance and financ...
New chairman and strategies at IUA.
Stephen Cane (pictured), chief executive of reinsurer Alea London, has succeeded Tim Carroll as chair...
Capital diversity benefits all.
Lloyd's currently enjoys a broad capital base that allows it to rely on the skills of many, rather than one, capital provider. Robert CB Miller advises it to maintain that diversity in reforming its capital structure.
Danish Re combines business.
Denmark-based reinsurer Danish Re is to combine its Lloyd's business, Danish Re Syndicates, with the...
Cut costs to repair flood damage, report warns insurers
Insurers must focus on cost reduction and not premium increase to repair the damage done by flood cla...
Adjournment debate on Independent
The government faced its first grilling over the collapse of Independent Insurance this afternoon whe...
Sampo Industrial sold to Hampden
Finnish group Sampo has sold its subsidiary Sampo Industrial Insurance to Hampden for an undisclosed...
AMP continues European expansion
Australian insurer AMP is to takeover financial website Interactive Investor International in a £52.1...
Axa acquires Indie commercial website and 17 staff
Axa today acquired Independent Insurance's former website for small commercial risks, business-risk.c...