News
Appointment at GE Re.
Karen Pachyn (right) has joined GE Re as chief actuary. She will be based at the Lincolnshire, Illin...
Fast track for EU reforms.
The prospect of reinsurers being able to trade more freely around the European Union (EU) has moved ...
Aggregation aggravation.
It can be difficult to decide whether losses can be aggregated but important when it comes to deductibles, says John Butler.
News in brief - Guernsey's protected cell companies.
Guernsey's protected cell companies can now be used more widely, including for securitisation vehicl...
News in brief - Life business in central and eastern Europe.
Life business in central and eastern Europe has been growing at 17.4% a year and non-life by 7.6% a ...
Results in brief - Scor.
Scor, France's largest reinsurance group, increased its premium income for 2000 by 14.5% to EUR3458m...
News in brief - HDI Reinsurance (Ireland).
Rating company Standard & Poor's has given HDI Reinsurance (Ireland) 'AA-' (very strong) counterpart...
Results in brief - Renaissance Re.
Renaissance Re of Bermuda recorded a 21% return on equity for 2000 as operating earnings per share g...
Appointment at Lloyd's.
John Coldman, chairman of Benfield Greig, and Bronek Masojada, chief executive of Hiscox, have been ...
E-initiatives gather speed.
The importance of cultivating a convincing presence on-line has been highlighted by the number of (re)insurers which have recently jumped on the internet bandwagon, says David Fanning.
News in brief - Bermudian (re)insurers.
Bermudian (re)insurers failed to win the tax breaks they were expecting in last month's budget. They...
News in brief - Continent IARD.
Transport insurer Continent IARD, part of the Fiat group, has taken a 6% stake in the co-insurance g...
News in brief - Unionamerica.
Standard & Poor's has lowered its long-term counterparty credit and insurer financial strength ratin...
Results in brief - Markel.
US (re)insurer Markel made a loss of $27.6m in 2000, down from a profit of $40.6m in 1999, despite m...
Gen Re sells securities arm.
General Re is to sell a controlling stake in Gen Re Securities Holdings. The derivatives and secu...
XL pays $600m for Winterthur.
Bermudian (re)insurer XL Capital is to expand significantly its property and casualty business with ...
Blanch faces lawsuits.
US reinsurance broker EW Blanch is facing two shareholder lawsuits over the massive drop in its shar...
Outlook bright for catastrophe modelling.
Gone are the days of unsophisticated catastrophe prediction. The newest software can now analyse catastrophe risk and provide wider management analyses, reports Adrian Leonard.
Munich in cat bond move.
Munich Re has arranged what it claims to be the largest ever reinsurance catastrophe securitisation,...
News in brief - Sirius International.
Sirius International has expanded in London by recruiting a trade credit and political risk team fro...
Dynamism delivers.
More flexible software contributed to the California Earthquake Authority's decision to use dynamic financial analysis. Dynamic modelling duo Dr Andrzej Czernuszewicz and Dr Peter England chart the growing interest in this form of risk assessment.
Net snares new risks.
Internet trading offers plenty of business opportunities - as well as throwing up serious questions about risk that (re)insurers have to deal with, say Kit Burden and Duncan Pithouse.
Appointment at PartnerRe.
PartnerRe has recruited Marvin Pestcoe to the new position of global head of new solutions. He will ...
Founders quit Lat Am Re.
Three of the four founders of Latin American Re have left after XL Re bought the outstanding 4% stak...