News
DP Mann and Cologne invent Faraday.
The broker distribution business formed from the Lloyd's managing agent DP Mann and Cologne Re's UK ...
Results in brief - ESG Re
Bermudian reinsurer ESG Re made a net loss of $3.9m in the first quarter of the year, compared with a...
Concorde payout agreed.
Air France has agreed a deal believed to be worth up to $150m for compensation of relatives of most ...
London must change or die, says Dellinger.
One of the leading reinsurers has warned that the London market will not survive unless it speeds up ...
Not such a bumpy ride.
Last year's 'Triple-X' regulation has not had the dramatic effect on the US life market some had predicted, but it has brought good news for reinsurers. Adrian Leonard reports.
Results in brief - Fairfax Financial
Canadian (re)insurance group Fairfax Financial, which includes Odyssey Re, saw a 14% drop in profit i...
Forum for debate.
Claims are often lodged in US courts in the hope of larger settlements, despite tenuous links with the country, says Eric Alexander. However, change is in the air.
News in brief - Wise
UK telecoms giant BT has ended its relationship with the insurance industry e-commerce standards body...
Cutting through the red tape.
State insurance solvency codes can affect the enforcement of cut-through provisions in insolvency proceedings. Peter Chaffetz and Steven Schwartz report.
Risk managers look outwards.
Among delegates at the 39th Risk and Insurance Manage-ment Society (Rims) conference in Atlanta last...
Get ready for take-off.
Times have been tough for space (re)insurers, with heavy losses, overcapacity and restricted access to data for assessing risks, but the market may now be looking up. Vic Wyman reports.
British Insurance Awards.
Shortlists for British Insurance Awards (BIA) for Reinsurance Innovation of the Year and the Lloyd's...
IUA reviews role.
The International Underwriting Association (IUA) is temporarily without a chairman, pending a review...
Lloyd's confirms losses in 1998.
Virtually every sector of the Lloyd's market made a loss in 1998, Lloyd's Global Results have reveal...
News in brief - ABI
The Association of British Insurers (ABI) has banned members' use of genetic test results for policie...
Jumbo challenges.
Aviation (re)insurers must work hard to prepare for the new set of risks that will arise when 'superjumbo' aircraft take to the sky, says Eric Alexander.
Results in brief - Munich Re
Munich Re's reinsurance premium income in the first quarter of 2001 was 24.1% higher than a year befo...
News in brief - Ace
(Re)insurance group Ace is opening a branch of its Dublin subsidiary, Ace European Markets, in Lond...
News in brief - Willis
The privately-owned broking group Willis expects to list 14% of its shares on the New York Stock Exch...
DVT exercises the experts.
There are conflicting views on the danger to airline passengers from deep vein thrombosis (DVT), but (re)insurers are not overly concerned about potential claims. David Fanning warns that they should still keep a close eye on the issue.
PartnerRe boosts profit.
PartnerRe of Bermuda more than quadrupled its first quarter profit to $96m from $23m in the first qu...
Benfield Greig wins Blanch.
Around 94% of the shareholders of the US-based reinsurance broker EW Blanch had accepted the $179m t...
Results in brief - Markel
Markel of the US reduced its combined ratio to 106% in the first quarter of this year, down from 114%...
NU continues to quit niche markets.
Norwich Union has continued to streamline its general insurance business by withdrawing from the eque...