PartnerRe takes $900m 2005 catastrophe losses in its stride

Bermudian (re)insurer PartnerRe has reported an operating loss of $242.6m for the year ended 31 Dece...

Bermudian (re)insurer PartnerRe has reported an operating loss of $242.6m for the year ended 31 December 2005, including an estimated $900m in natural-disaster losses and $511m for Hurricane Katrina

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ABI insists fire safety scheme is temporary

Mervyn Skeet, the Association of British Insurers’ director of general insurance, has outlined how the trade body will ensure the Fire Safety Reinsurance Scheme will only last three to five years, and how it will should end criticism of brokers earning commission for arranging cover.

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