News
Jobs cut at Lloyd's.
The Corporation of Lloyd's is to cut 300 jobs from its insurance services business unit in a shake-u...
Exel dips as Mid Ocean joins.
Revenues at Bermudian (re)insurer Exel dropped by a quarter in the third quarter of this year. The t...
Hanover Re to buy back shares.
German reinsurer Hannover Re is to buy back 10% of its shares following approval of the move by shar...
New energy syndicate for Lloyd's.
US mutual energy insurer Aegis has set up a Lloyd's syndicate to write international energy risks. ...
Kidnappings on the increase, warns Hiscox.
The worsening global economic situation is creating a boom in kidnappings, according to Lloyd's insu...
Scor backs new reinsurer for French mutuals.
France's largest reinsurer, Scor, is to provide the technical expertise behind a new reinsurance com...
Swift exit from Hiscox.
Gloria Davies has been recruited by Ace UK at Lloyd's just weeks after joining Hiscox. Ms Davies has...
Fighting to build on firm foundations.
The French reinsurance market looks good on paper, but the end of a run of low losses and other market developments may cause problems, reports Adrian Leonard.
Prices rise at Lloyd's auctions.
The total capacity traded during this year's Lloyd's auctions fell slightly as the cost of capacity ...
Hard work but high hopes.
Alex Beatty talks to Werner Bugl, Munich Re's man in Singapore, about tough times in Asia.
An uncertain world.
Any reinsurers who still believe that they can look to scientists for certainty were reminded last m...
A market on thin ice.
Eric Alexander reports from this year's IUMI conference, where (re)insurers voiced concerns about the marine market's ability to absorb heavy losses.
Lloyd's index.
Instrat, a subsidiary of UK broker Sedgwick, has launched the first global underwriting index based ...
Employers captures Eagle Star Re.
Eagle Star Re, one of the London market's biggest reinsurers, has been bought by G.E. Capital's Empl...
Czech floods hit reinsurers.
Czech non-life insurers increased their reinsurance cessions by almost a quarter last year, with pre...
Reinsurance increased at Axa.
Reinsurance increased its contribution to French insurer Axa's net income by Fr 89m ($16m) to Fr 482...
Marine margins still suffering, says ILU.
The latest figures from the Institute of London Underwriters (ILU) give a clear indication of the di...
Key cases in a critical year.
Legal issues may have been overshadowed by competition, consolidation and alternative risk transfer over the past year, but our comprehensive review is still essential reading.
London brokers beware.
News that Zurich Financial Services (ZFS), one of the world's 10 largest reinsurance groups, is to c...
Broker warns networks.
The three electronic insurance trading systems that are looking to merge (Re, August 1998, p1) have ...
Situation monitored in Indonesia.
Continuing student unrest in the streets of the Indonesian capital Jakarta has seen some properties ...
£2bn will settle breast implant cases.
The Dow Corning company is to hand out £2bn in compensation to women who claim they were injured aft...
Help for Euro insurers.
Risk Management Solutions and English Matthews Brockman have signed a co-operation agreement to deve...
Arsonists burning £750m hole in insurers' pockets.
Incidents of arson have more than doubled in the last 10 years, costing insurers over £1m per day, d...