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Reinsurance

Compensation Culture viewpoint

In the third in our series of comments from participants in the Monte Carlo debate on compensation, John Humphrys, author of Devil's Advocate outlines his views

Moody’s downgrades Converium

Moody's Investors Service has announced that it has downgraded the ratings of the various entities of Converium group. The rating action concludes the review process initiated on 20 July 2004.

US broking investigation summons Axis Capital

AXIS Capital Holdings has received a subpoena from the Office of the Attorney General of the State of New York seeking information regarding incentive commission agreements between its insurance companies and insurance brokers.

A dip in the pool

Hurricane Charley has shown the value of the Florida Hurricane Catastrophe Fund, but it may also prove a timely example of pooled reinsurance as Tria comes up for renewal

Viewpoint

In the second part of the series, Lord Hunt of Wirral, senior partner of national law firm Beachcroft Wansbroughs, explains why the compensation culture is a "hidden premium on daily living"

Appointment at Axa

Ian Richardson has become group business risk director for Axa. He will head a team responsible for ...

Platinum Underwriters announces Charley losses

Bermuda-based Platinum Underwriters has announced that, on the basis of currently available information, it estimates that after-tax losses from Hurricane Charley, net of reinstatement premiums, will range from $20m to $35m.

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