News
Texan twister.
The tornadoes that hit Texas in late March were largely responsible for the $990m of insured propert...
Copenhagen Re moves into finite reinsurance.
Copenhagen Re has announced plans to enter the finite reinsurance market. It is to offer global f...
Facing up to danger.
South Africa's life and health market is the biggest in the world, but the rapid spread of HIV/Aids is threatening its future and forcing it to change. Cameron Andrews reports.
Tokio and State Farm swap risks.
Tokio Marine & Fire and State Farm Mutual have bypassed the reinsurance market and exchanged $200m o...
New CEO at OPL.
Mary Hennessy has been appointed chief executive of Bermuda-based Overseas Partners (OPL), replacing...
IUA/Lloyd'sset out plans for London.
Efforts to unify underwriting and claims procedures in the London market were given a boost last mon...
Transam in Seoul.
Transamerica Re, the reinsurance arm of Transamerica and Aegon USA, has opened a liaison office in K...
Is it, or isn't it?
The fundamental nature of reinsurance has been examined by the House of Lords. John Butler looks at the conclusions.
Strike Club makes calls.
The Strike Club is to make a closing call for the first time in 10 years. Increased claims from s...
New law partners.
Regular Reinsurance contributor Peter Chaffetz is one of four new partners at New York law firm Clif...
Keeping the faith.
Can ceding companies claim punitive damages for a reinsurer's bad faith? Peter Chaffetz considers whether reinsurers face the same threats as insurers.
A land of stark realities.
Mergers, takeovers, demutualisations, privatisations and collapse. It is all happening in the Australian insurance market. Richard Willsher reports.
Electrifying transformations.
The deregulation and privatisation of electricity and gas production is creating huge opportunities and challenges for (re)insurers in many countries. Maria Kielmas reports on developments in the US and Europe.
More haste, less speed.
The London market's would-be reformers face a tough challenge. They must tread the fine line betwe...
Scor enters US life market with buy from PartnerRe.
French reinsurance group Scor is to move into the US life reinsurance market with the purchase of Pa...
Max capacity.
Bermuda's newest reinsurer, Max Re, has increased its capital to $509m following a second round of p...
Rotterdam start-up.
A new (re)insurance broker and risk management operation has been established in Rotterdam in associ...
AIA challenges Holocaust Act.
The American Insurance Association (AIA) has filed a lawsuit challenging California's Holocaust Vict...
Commercial record.
Scor's Bermuda-based non-traditional reinsurer, Commercial Risk, achieved record earnings of $28m la...
LCO & LPSO to stand alone.
Developing both the Lloyd's Claims Office (LCO) and the Lloyd's Policy Signing Office (LPSO) as stan...
Mitsui at Lloyd's.
Mitsui Marine International has established a syndicate at Lloyd's to write property, casualty, prof...
Together for life.
Joint ventures in life insurance are the most attractive proposition for foreign insurers interested in the Thai market. Jeremy Golden reports.
Odyssey Re swallows CTR in reorganisation.
Compagnie Transcontinentale de Reassurance (CTR), the Paris-based subsidiary of US group Odyssey Re,...
Victoria Re in profit.
Victoria Re has announced a 17% rise in its post-tax profit in 1999 to DM 9m ($4.4m) on premiums tha...