Regulation
A model approach.
New solvency regulations and corporate governance will require insurers to use advanced modelling techniques to pass the Financial Services Authority's scrutiny. Peter England explains.
The IUA appoints deputy chairman.
The International Underwriting Association has appointed Carl Bach, senior vice-president at Ace Eur...
Candidates buoyed up as marine market hardens.
The marine market is gradually recovering its sea legs, making now the perfect time for prospective employees to launch forth into uncharted territory, says Andy Bailey.
IAIS hopes to agree on principles.
The International Association of Insurance Supervisors (IAIS) hopes to agree global principles for t...
Rocky roads to reform.
The inadvertent theme of this issue of Reinsurance seems to be reform: from markets' efforts to cove...
Lloyd's loss exceeds £3bn.
Lloyd's made a loss of £3.11bn ($4.45bn) in 2001, compared with a loss of £1.2bn in 2000. The 200...
Challenges for the capital.
Times are tough for the London market, but it is not yet ready to relinquish its position as the world's foremost (re)insurance market. Janina Clark reports.
Man in the middle.
Steve McGill (right), chief executive of broker Jardine Lloyd Thompson, tells Vic Wyman that the reforms to the London market are overdue and hold no fear for the company.
Life crisis prompts change.
More and more foreign companies are sniffing around Japan's life market, which has seen huge collapses and extensive restructuring. More change is on the way, says Charles Garnsworthy.
Peak performer.
Ken Taki (right) tells Jeremy Golden how Toa Re is trying to maintain its lead in Japan's rocky reinsurance market, with overseas expansion also
EC wants nuclear liability authority.
The European Commission (EC) has told the member states of the European Union (EU) that it rather th...
Positive player.
Wendy Baker, president of Lloyd's North America, tells Marcus Alcock that, despite the losses stemming from 11 September, she is optimistic about the future for Lloyd's in the US market.
Non-life lacks vigour.
Company collapses, failed mergers and deregulation have all hit the Japanese non-life direct market, but there are opportunities for reinsurers, reports Jeremy Golden.
Liability cover gets critical.
The reduction in terrorism (re)insurance available since last September's terrorist attacks in the U...
Aliens seek US change.
Foreign reinsurers writing business in the US could be relieved of the onerous funding requirements ...
Chubb downplays interest in Lloyd's.
Marcus Alcock reports from last month's 40th Risk and Insurance Management Society (Rims) conference in New Orleans.
Gerling rethinks.
Gerling Global Re (GGRe) expects to announce a significant restructuring this month to enable it to ...
Acquisitions boost XL Capital's Q1 premiums
Bermudian (re)insurer XL Capital has reported a net profit of $89.5m for the first quarter of 2002, a...
IUA announces board changes
The International Underwriting Association of London (IUA) has appointed Carl Bach, senior vice-presi...
FSA set to resist regulatory extension.
Moves to include travel agents, motor and electrical retailers under the regulatory regime for gener...
Insurers need realistic approach to training.
There is a direct relationship between well-trained staff and the level of their performance - and, ultimately, the success of their company. So why, asks Jonathan Clark, is the insurance industry still lagging behind on training?
Riley to quit CNA Re.
Stephen Riley, managing director of troubled reinsurer CNA Re UK, is to leave the company at the end...
Short-term mindset remains rife.
Insurers and brokers should not pretend their needs are in tune. They must be honest and open at t...
Law Reform: today's proposals, tomorrow's costs.
16 May 2002 - The Insurance Hall The civil justice reforms have major implications for the insuran...