News
Liquidation for New Cap Re.
Troubled reinsurer New Cap Re is to go into liquidation after an investigation by the Bermudian Regi...
Bright lights, big issues.
Traditional risk managers were warned of the threat of a changing market at the world's biggest risk gathering. Anthony Gould reports from Dallas, Texas.
Haunted by past mistakes.
John Butler explains why a new interpretation of restitution law should worry reinsurers.
Commercial Risk rides on back of US business.
US business continued to be the driving force behind the growth of Commercial Risk Partners last yea...
Rules could ground space sector.
New regulations governing the export of satellite and rocket technology from the US are threatening ...
Willis in Argentina.
Broker Willis Corroon has acquired a minority interest in the third largest insurance broker in Arge...
Deal to swell Lloyd's fund to £800m.
Lloyd's has strengthened the mutual fund that backs all its policies by arranging £500m ($800m) of c...
Reinsurers sink in workers' comp pool.
The unravelling of the reinsurance spiral behind the Unicover workers' compensation pool that broke ...
EC approves P&I agreements.
The European Commission's competition directorate has formally confirmed approval of an amended pool...
In support of offset.
The pro-offset trend set in the early 1990s gains strength with two recent results. Steven Schwartz reports.
Strategies for survival.
Oliver Laughton-Scott predicts further consolidation among (re)insurance brokers and more quoted brokers being taken private.
Lloyd's predicts loss.
Lloyd's has forecast a loss of around £60m ($97m) for the market in 1998 and a modest profit of £70m...
Views from the front line.
Reinsurance's first survey of executive opinion in South-east Asia offers a fascinating insight into the region. Jeremy Golden reports.
London portal opens.
Information provider Wire has created an electronic portal for the London market, called the Risk In...
Clear skies.
Eric Alexander discovers that hot-air ballooning is one of the safer aviation risks to underwrite.
Secura Belgian Re.
Secura Belgian Re increased its after-tax profit by 36% to BFr 409m ($11m) last year on gross premiu...
Commercial Risk MD.
Commercial Risk Partners has appointed Christopher Phelan as managing director of Commercial Risk Ca...
New standards for London.
With Lloyd's likely to turn the regulation of its brokers over to the General Insurance Standards Council, Adrian Leonard takes a look at the UK's new self-regulatory body.
Changes at Partner.
PartnerRe has appointed Bruno Meyenhofer as chief operating officer of its global reinsurance operat...
Playing chicken in space.
The space insurance sector has become "an elaborate game of chicken played by chunks of corporate ca...
Breakthrough for networks.
The long-awaited convergence agreement between the three electronic networks for the insurance indus...
LaSalle Re to boost reserves by $35m.
Bermudian reinsurer LaSalle Re is to add $35m to its reserves to compensate for the poor performance...
Hartford takes Vesta's reinsurance.
US insurer Hartford has acquired the ongoing reinsurance business of Vesta Fire Insurance, part of t...
Too many cooks spoil the run-off.
Leslie-Ann Giovnilli asks whether London companies should copy Lloyd's and create a single run-off company.