News

Drop in profits.

Citigroup, formed by the merger of Travelers Group and Citicorp, has reported that its fourth-quarte...

New GM at Sirius UK.

Ill-health has forced Lisbeth Sarkozi to retire from her position as general manager of Sirius Inter...

Batten down the hatches.

Researchers predict an increase in the number of major hurricanes to hit US coasts in 1999. Prof. William Gray explains the evidence.

Knowledge is power.

In a fast-changing sector, energy insurers are making an effort to get to know their clients, says Adrian Leonard.

Medical move for IGI.

Lloyd's underwriting agency IGI is moving into the medical reinsurance market in a tie-up with US me...

Reinsurers learn to test the temperature.

You may not be able to predict the weather, but you might be able to hedge against severe weather events. Robert Muir-Wood explains the weather risk market.

Partners for progress.

James Orr explains how the UK Tsunami initiative is getting (re)insurers and scientists working together.

US cat losses up.

Catastrophe losses of more than $10bn made 1998 the third worst year for catastrophes in the last de...

Ace takes over Cigna's p&c.

Acquisitive Bermudian insurance group Ace is to pay $3.45bn for US insurer Cigna's property and casu...

Lloyd's 1999 capacity falls.

Lloyd's underwriting capacity for 1999 will be £9.87bn ($16.3bn), down from £10.17bn last year, the ...

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