Reinsurance
Rebriefs - Montpelier Re assigned A3 rating.
Montpelier Re has been assigned an 'A3' (good) financial strength rating by rating agency Moody's. I...
Rediary
JULY 2003 13-16 International Insurance Society (IIS) 39th Annual Seminar New York, US II...
Benfield IPO values broker at £575m
Benfield Group's flotation on the London Stock Exchange raised £157m ($262m), valuing the reinsuran...
Benfield Group sells shares.
Reinsurance broker the Benfield Group sold shares at 250p each for its initial public offering last ...
RAA releases industry results
The top 50 property and casualty reinsurers in the US wrote $30.8bn in net premiums in 2002, accordin...
What the papers said this week
FINANCIAL TIMES Benfield has earmarked almost 10% of the proceeds from its initial public offer...
Appointment at RK Carvill & Co
RK Carvill & Co has appointed Nick Foden-Pattinson as a joint managing director of the company's st...
Hannover Re raises €530m of capital
Hannover Re today boosted its capital by €530m and took over the Dublin-based financial and captives ...
Penny Black's insurance week.
Penny wants to put paid to a vicious rumour doing the rounds among those involved in the personal in...
What the papers said this week.
THE SUNDAY TELEGRAPH Aspen Re, the reinsurance operation set up last year by Wellington Underwrit...
TSR aids reinsurers' storm predictions.
Tropical Storm Risk, the consortium of experts on insurance and climate forecasting led by the Benfi...
Appointment at Office-Shadow.
Office-Shadow, provider of crisis management planning software, has appointed Karl DiMascio as comme...
Two years ago.
Two years ago, Independent Insurance was on the brink of collapse as Post Magazine reported, but a w...
Events.
29 April-10 July Biba compliance workshops Leeds, Bristol, Manchester, Cambridge, Leicester, Ch...
US reinsurers have good first quarter
Reinsurers in the USA had a good start to the year, according to a survey by the Reinsurance Associat...
Terrorism insurance still too high, says Moody's report
A new report by ratings agency Moody's claims that the US Terrorism Risk Insurance Act of 2002 has no...
Lloyd's proposes reduction in QQS reliance
Rolf Tolle, Lloyd's franchise performance director, intends to reduce Lloyd's syndicates' reliance ...
Coverline manager wins trip to Dublin
Chris Bardsley, Lancashire-based manager of Coverline, part of the Steven Backhouse Group, won an a...
Benfield expected to unveil details of flotation
Reinsurance broker Benfield was expected to unveil details of its long-awaited flotation yesterday....
Events.
29 April-10 July Biba compliance workshops Leeds, Bristol, Manchester, Cambridge, Leicester, Ch...
Montpelier Re gets ratings boost
Ratings agency AM Best has upgraded Bermuda-based Montpelier Re's financial strength rating from 'A-'...
Hannover Re unveils Q1 profit
Hannover Re has announced that it made a €71.2m profit in the three months to the end of March 2003, ...
Events
29 April-10 July Biba compliance workshops Leeds, Bristol, Manchester, Cambridge, Leicester, ...
Time is factor in vibration rulings
Transco v David Griggs; (Court of Appeal - 16 April 2003).