Reinsurance
Ri3ky business
Re-sume
How to survive the double das h to diversify
Round Table
Munich Re claims record profit
Munich Re Group has achieved a record profit of over EUR2.7bn (roughly $3.3bn) in 2005. The company...
Why this creme brulee market will soon become inedible
Dear Friend, First of all, I must acknowledge a debt of thanks to the Benfield research team for co...
Life on the A- precipice
Mark Geoghegan examines life perched on the perilous edge of de facto ratings oblivion, and wonders what is so wrong with a 'B' rating for short-tail business
Run-off ruling hits CIGNA
CIGNA Corporation has reported that it has received an adverse ruling from a London arbitration pane...
Quanta receives further downgrades
AM Best has downgraded Quanta's financial strength ratings (FSR) to B++ (Very Good) from A- (Excelle...
Hannover Re announces 'break even' 2005 results
Hannover Re has said that it achieved a 'break even' result for 2005, despite what it described as "...
Lancashire 'A' rating in review after key underwriter departure
Bermudian start-up (re)insurer Lancashire has had its financial strength rating of A- (excellent) an...
Wellington reports £26m loss
Wellington Underwriting has produced a pre-tax loss for the last financial year, after massive hurri...
Stormy 2006 ahead, claims hurricane chief
The 2006 Atlantic hurricane season may be worse than 2005, according to Max Mayfield, director of th...
Validus opens $300m credit facilities
Bermudian start-up reinsurer Validus has entered into syndicated credit agreements amounting to $300...
Allstate drops New York coverage
Allstate has said that it isn't renewing some of its homeowners' policies in the New York City area ...
Converium announces 2005 profit
Converium has announced it made a profit of $68.7m in 2005. The company said the results reflected a...
GEIS paper warns of increased US coastal risks
The enormous growth in US coastal population and development is dramatically increasing the potentia...
Benfield completes first G6 electronic transfers
Benfield has announced the successful completion of its first electronic transfers of reinsurance submissions using peer to peer standard messaging with some of the Group of Six (G6), the alliance of six large Lloyd’s insurers.
Advent confident of trading through crisis
Advent, the specialist Lloyd’s insurer, has reported a pre tax loss of £74.8 million for the year ending 31 December 2005, translating to a loss, post tax of £52.5 million (30.6p per share).
Quake-ing in their boots
Earthquakes
Appointment at MMA Insurance
MMA Insurance has appointed Neil Clements as its research and product development manager. Mr Clemen...
Omega Underwriting publishes profits
Lloyd's managing agent Omega Underwriting has published profits of £6.8m for 2005, and said last yea...
SBJ Group acquisition
SBJ Group has acquired Orbit Benefits, Orbit Interactive, Orbit Protection and TIMA Tools from Benfi...
The offshore thing
London market