News
Reshuffle at Munich.
Munich Re and Allianz are to cut their cross-shareholdings from 25% to around 20% by 2003 and restru...
Losses on Lime St.
Soft rates and high capacity have given the insurance sector little to smile about and Lloyd's is no...
Steffey quits as head of ReAC.
Nick Steffey, chief executive of loss-making Reinsurance Australia Corporation (ReAC), resigned last...
Bermuda hits back at US tax proposal.
Bermuda's government has finally joined in the row between US and Bermudian insurers over proposals ...
Technology takes its time.
An IT revolution is coming ... eventually. Adrian Leonard finds reports of technological transformation in the reinsurance industry greatly exaggerated.
In close touch.
Cameron Andrews finds IT suppliers keeping very close to reinsurers and the reinsurance market so that they can develop the products their clients need.
Hewes quits Lloyd's.
Bob Hewes, Lloyd's finance director, has resigned to pursue other interests. Mr Hewes was appointed ...
Maximum potential.
Does Max Re, Bermuda's new reinsurer, have the right recipe for success? Janina Clark meets a team with a new approach to risk.
New QBE head in US.
QBE has announced a new head of (re)insurance in the Americas. Tim Kenny has been promoted to presid...
Former GIO directors face shareholder lawsuit.
Former directors of GIO Australia Holdings and their adviser, Grant Samuel & Associates, are facing ...
ReDiary.
A fuller diary of events is available on the Reinsurance website at www.re-world.com. Entries for...
Bank opens captive.
Credit Suisse First Boston, the investment bank, has set up its first captive insurer. Based in Berm...
A golden opportunity.
The world's largest risk management event was the perfect venue for showcasing e-commerce initiatives. Janina Clark reports from last month's Rims meeting in San Francisco.
Max Re opens in Ireland.
Max Re, the finite risk reinsurer that set up in Bermuda at the start of the year (Re, February 2000...
2020 vision.
The winners in any business are those able to predict the future most accurately. Janina Clark hears top executives at the Reinsurance Lunch Forum envisaging life in 2020.
Co-operation in operations.
Mike Hannan reflects on this year's London Processing Centre conference and urges (re)insurers to work together on IT issues.
Willis de-links.
Willis has become the first broker to trial the Wise Business Centre and Data Exchange to de-link ba...
RAA elects chair.
Robert Lippincott, chairman and chief executive of Axa Re US, has been elected chairman of the Reins...
ESG under review.
Rating agency Standard & Poor's is reviewing its 'BB+' (marginal) ratings of Bermuda-based ESG Re gr...
Correction.
Last month's story on Tokio Marine and State Farm swapping earthquake risk (Re, May 2000, p1) stated...
PCC for Ace.
Ace Bermuda and UK-based broker Willis are setting up a protected cell company (PCC) in Guernsey. Ac...
S&P predicts further gloom.
Europe's reinsurers averaged a combined ratio of 131% on their global results in 1999, according to ...
One cover or many?
Specialised cover for internet risks is offered by primary insurers, but some reinsurers expect the market to divide further. Cameron Andrews looks to the future of cyber-liability.
Q1 loss for Stirling.
Bermuda-based broker Stirling Cooke Brown has reported a net loss of $1m for the first quarter of 20...