Reinsurance
Risk Analysis - RMS looks at windstorm risk
Risk Management Solutions (RMS) has carried out the risk analysis for a EUR190m securitisation by Py...
Weather - Atlantic to see a stormy 2004, says TSR
Hurricane activity in the Atlantic will be above average in 2004, according to the latest forecast f...
Appointment at Arthur J Gallagher
Arthur J Gallagher has announced that Theodore ("Tat") Skirvin has been appointed vice-president -...
Space Activity - Solar threat to satellites studied
The Benfield Hazard Research Centre is studying the effects of increased solar activity after an unp...
Appointment at Guy Carpenter
Guy Carpenter has appointed David Lightfoot as manager of its actuarial and catastrophe modelling ...
Testing times for the franchise
The Lloyd's franchise has made a good start, but its real test will be in the down phase of the insurance cycle
Appointment at Aspen Re America
Brian Boornazian has been appointed president and chief underwriting officer, property reinsurance...
Third party capital playing "a vital role" in Lloyd's says managing agent
Nigel Hanbury, chief executive of Hampden Agencies, the top managers of private investors' funds at Lloyds, told a conference for insurance industry experts today that "Third party capital had re-established itself and remains important to Lloyd's future…
AM Best puts negative outlook on Transatlantic subsidiaries
AM Best has affirmed the A++ (superior) financial strength rating of Transatlantic Holdings, but assigned a negative outlook to its reinsurance subsidiaries Transatlantic Re, Trans Re Zurich and Putnam Re.
Swiss Re opens DC office
Swiss Re has opened a new office in Washington DC in an effort to get closer to policymakers in the US capital.
Appointment at MCE
Northants-based insurance provider MCE has appointed Steven Elliot as team leader. He will also be...
Expert calls for new windstorm claims database
Weather Report
Co-operation over windstorm data seems an obvious move
Another week, another call for insurers to co-operate and share claims information. This week, it is...
Arch announces two appointments
Arch Insurance subsidiary, Arch Capital, has appointed Graham Ward as chief financial officer, and Charles Tindall as offshore energy underwriter.
Omni Whittington takes management of run-off Syndicate 376
Talbot Underwriting has agreed to transfer the management of Syndicate 376 to specialist run-off agent Omni Whittington Capital Management.
Reinsurance market maintains underwriting discipline
Despite ample capacity and signs of resurgent competition, the reinsurance market generally maintain...
Aspen to expand property arm
Bermudian insurance group Aspen Insurance Holdings aims to expand its US property reinsurance underw...
Benfield acquires entire issued share capital of Airs Re
Broking giant Benfield has acquired the entire issued share capital of Airs Re, the Australian based...
Reinsurance market holds steady during renewals
The reinsurance market generally maintained underwriting discipline during the 2003/4 renewal season, despite ample capacity and signs of resurgent competition, according to a report from Benfield.
Benfield continues global expansion
Broking giant Benfield has acquired the entire issued share capital of Airs Re, the Australian based reinsurance broker, through its wholly owned subsidiary Benfield (Australia). The consideration payable is up to AUS$ 800 000.
Aspen expands US arm
Bermuda-based Aspen Insurance Holdings is expanding its US property reinsurance arm with the creation of a new property reinsurance team.
Wellington ends Aspen agreement
Lloyd's insurer Wellington is expecting to write up to £40m of property reinsurance this year, follo...
Compensation street
The subject of the compensation culture made a guest appearance on leading ITV soap opera Coronation...