News
A realistic optimist.
Most markets inspire little confidence among reinsurers says Hannover Re's chairman Wilhelm Zeller, but he tells Adrian Leonard that he still predicts strong growth for most of the group.
Swiss Re owns SIC.
Swiss Re has completed the purchase of the 65% of the Italian bonding and credit (re)insurer SIC tha...
Latin HQ for Ace.
Insurer Ace International is setting up a Latin American headquarters in Sao Paulo in Brazil. Acacio...
Build that brand.
The changing reinsurance market means that it is more important than ever for companies to take a new look at how they market themselves, says Gaye Torrance.
Broker in Bermuda.
Broker Guy Carpenter has opened a (re)insurance office in Bermuda, run by Bert Golinski. He continue...
Reinsurers stand firm for higher renewal rates.
Despite furious market activity during December the possibility of all reinsurance renewals being in...
Lloyd's chairman moves to broker.
Lloyd's chairman Max Taylor is to join broking giant Aon when his three-year term of office finishes...
US trial trends.
Unicover, Equitas, the disclosure of documents, extra-contractual damages and arbitration have all figured in US reinsurance cases in the last year. Michael Knoerzer, Larry Schiffer and Stephen Kennedy of law firm LeBoeuf, Lamb, Greene & MacRae review…
Panel power.
Peter Chaffetz and Cecilia Froelich take a look at the power of US arbitration panels to compel third-party discovery.
Malaysian puts £8m into Lloyd's.
Malaysian reinsurer Labuan Re is to underwrite on the Chaucer syndicates at Lloyd's for the 2001 yea...
Crowe runs off 808 because of losses.
Crowe Syndicate Management (CSM) is to put the Lloyd's excess of loss aviation syndicate 808 into ru...
XL = Triple A rating.
Rating agencies Standard & Poor's and Fitch have each given XL Financial Assurance, a Bermuda-based ...
St Paul's new vices.
St Paul Re has appointed two vice-presidents. Anthony Chiarenza has joined as senior vice-president ...
SCPIE takes stake.
Medical malpractice insurer SCPIE Holdings of the US will take a 20% stake from 1 January in the acc...
Time to take cover.
The ill winds of Lothar and Martin may have blown some good into the French market, with insurers seeking more realistic reinsurance cover. Adrian Leonard reports.
EW Blanch looks for buyer.
The world's fourth largest reinsurance broker, the loss-making EW Blanch, began looking for a possib...
Names allege fraud.
The High Court in London has rejected allegations of fraud and misrepresentation against Lloyd's of ...
Professional unit.
The New York-based property and casualty reinsurer Zurich Re (North America) has set up a profession...
UK launches mobile phone health studies.
The UK government is launching £7m ($10.2m) of further studies into the potential health risks from ...
London market reform accepted.
More than 20 London market companies had, by early December, signed up to a raft of measures aimed a...
Ace sues Cigna for $218m.
Bermuda-based (re)insurer Ace is claiming damages of $218m from Cigna Corporation in a US court for ...
Cologne Re and DP Mann combine broker businesses.
Cologne Re's UK operation is to switch its broker business into a jointly-branded operation to be fo...
The rise of O'Kane.
Chris O'Kane (pictured) has become chief underwriting officer at Wellington Underwriting. Mr O'Kane ...
Courts give plane answer.
Hone v Going Places Leisure Travel Limited Queens Bench Division 16 November 2000 The claima...