Reinsurance
Fitch looks at total US hurricane losses
Fitch Ratings has claimed that with estimates for insured losses from Hurricane Jeanne ranging between $4 bn and $14bn, it is now possible that combined US insured losses from Charley, Frances, Ivan and Jeanne could equal or exceed the combined 1992…
RMS estimates Jeanne damage
Risk Management Solutions (RMS) has estimated that insured losses from Hurricane Jeanne would be between $4 to $8bn, based on an assessment of the hurricane’s characteristics at the time of landfall and its projected path.
Swiss Re announces storm losses
Swiss Re has announced that, based on current estimates, it expects its claims related to Hurricane Ivan and Typhoon Songda to be approximately $300m before tax.
No Can Do for Cox as insurer divests
Cox Insurance has closed two subsidiaries and put one up for sale as it announced half-year profits ...
Atrium acts over Chechen terrorism risk worries
Lloyd's managing agent Atrium has conceded it is concerned by the threat of Chechen terrorism to its...
Appointment at Talbot Underwriting
Lloyd's of London speciality insurer Talbot Underwriting has made James Bamford political risk under...
Appointment at Guy Carpenter
Reinsurance broker Guy Carpenter has appointed Beverly McIntosh as senior-vice president in the comp...
What the papers said this week
Daily Mirror Thousands of window cleaners are throwing in the shammy (sic) leather due to spirallin...
Dual Corporate Risks announces exclusive partnership
Dual Corporate Risks, has announced an exclusive partnership with Arch Insurance Company (Europe) to...
The cycle - a storm in a tea cup?
Talk last week was all about Hurricane Ivan - will it, won't it hit the US mainland at full strength...
MDU keeps faith with Converium
The Medical Defence Union has promised to retain Converium as capacity provider of its indemnity sch...
Michael Wade's Lloyd's consolidation plans put on hold
Michael Wade's Lloyd's consolidation plans have been put on hold until the New Year. Mr Wade's firm,...
Dual Corporate Risks signs agreement with Arch Europe
Underwriting agency Dual Corporate Risks has announced a partnership with Arch Insurance Company (Europe) to underwrite SME directors and officers as well as professional indemnity risks on its behalf.
RMS releases Ivan damage estimates
Risk Management Solutions (RMS), has predicted that insured losses from Hurricane Ivan in the US are likely to range from $2 to $7bn.
Munich Re and Indeminity Company to provide capacity for Converium
Converium has agreed with National Indemnity Company and Munich Re that, with effect from 16 September 2004, the latter two companies and their associates will provide security for Converium's full share of all risks underwritten by Global Aerospace on…
Appointment at Aspen Insurance
Aspen Insurance has recruited a new aviation insurance team. Headed up by Nick Bonnar, who is respon...
Penny Black's insurance week
Penny helped bid farewell last week to Mike Hannan, one of the venerable institutions of the London ...
Reinsurers re-emphasise need for caps
Although hurricanes and the future of Converium were the hot topic at Monte Carlo this week, a few o...
Lloyd's boss issues warning
Lloyd's director of worldwide markets Julian James has said the global insurance market will need "y...
'Blame and claim' culture
Monte Carlo News
Hurricanes continue to cause industry worries
Monte Carlo News
Swiss Re vows continued improvement
Monte Carlo News
Appointment at Carvill
Reinsurance and specialty business intermediary Carvill has appointed Mark Verheyen to its reinsurac...
PwC survey reveals 'upbeat' market
Monte Carlo News