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Reinsurance

Swiss Re board changes

Swiss Re has named Christian Mumenthaler as chief risk officer of Swiss Re Group, succeeding Bruno Porro who will retire at the end of 2004.

S&P claims 2005 market will test reinsurers

Standard & Poor's (S&P) has claimed that the resolve of the reinsurance community will be further tested in 2005, as management seeks to balance the demands of clients, brokers, and shareholders to maintain current underwriting volumes with the potential…

Aon lauds success of document exchange

Broker Aon has announced that 28 insurers and reinsurers from the London, European, Bermudian and North American insurance markets are now using its document exchange to electronically access claims documentation.

NAIC adds to TRIA pressure

The National Association of Insurance Commissioners (NAIC) has testified before the US Congress on the fact that there remains a strong need for the US government to provide appropriate financial back up to the private insurance market in order to…

Reduction in capacity impacts Hannover Re earnings

Reinsurer Hannover Re has reported operating profit increases of 41.8% to 154.5m euro (£104.7m), for the first quarter of 2004, with quarterly net income rising by 36.1%, despite what it describes as "Markedly less premium income than the same period…

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