News
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...
Marine underwriters losing "mega money".
Hull underwriters are heading for financial ruin and Lloyd's marine syndicates are losing "mega mone...
Reinsurers fight US and UK tax proposals.
Bermuda-based (re)insurers Ace, XL Capital and Everest Re have hit out at a bill introduced into the...
ERC Frankona goes wireless.
ERC Frankona's customers can now communicate with the reinsurer via mobile phones or hand-held compu...
New Underwriters.
Underwriters Re Agencies, the Lloyd's-based subsidiary of Alleghany Corp., has changed its name to A...
Wellington/Limit to merge.
As Reinsurance went to press, Lloyd's insurers Limit and Wellington confirmed that details of their ...
Time to clean up.
England's new rules on liability for contaminated land came into force last month and could lead to claims on old public liability policies. Valerie Fogleman reports.
Sax Riley retires.
Former chairman of Sedgwick Sax Riley retired from the board of Marsh & McLennan last month. Mr Rile...
Lat Am cover.
A Bermuda-based political risk insurer for Latin America and the Caribbean has been set up by AIG Gl...
Bigger and better.
Increased underwriting capacity and a complete reorganisation of the company have meant a busy first year for Swiss Re UK's chief executive Martin Albers. Janina Clark reports.
Europe takes lead in life.
The European Union (EU) has overtaken Japan to become the world's largest market for life insurance.
Cyber-liabilities.
In the second of four articles investigating the insurance needs of e-commerce, Jill Hampton and Charlotte Waters identify the risks that need to be covered.
Terra Nova Bermuda is closed by Markel.
US insurer Markel is closing the Bermuda operations of Terra Nova, the reinsurer it acquired a month...
Battling for Pole positions.
As higher retentions and less quota share business shrink the Polish reinsurance market, Adrian Leonard reports on tough times for the country's reinsurers.
ReIntra takes cases in UK.
A UK version of the ReIntra rehabilitation service was launched by Bavarian Re last month, following...