Reinsurance
PXRe awarded $8.25m in Terra Nova case
A US court has ordered Terra Nova Insurance to pay reinsurer PXRe $8.25m plus interest in settlement ...
Wellington steps into London via Bermuda.
Lloyd's insurer Wellington's unveiling last week of plans for a new £448m reinsurance company - alth...
Axis gets go-ahead for head office in Dublin.
Marsh-backed Bermudian insurer Axis has headquartered its European operations in Dublin following ap...
Benfield angling for insurers with Big Fish hook.
Benfield Group's subsidiary Benfield Premium Finance is to formally launch its Big Fish premium finan...
Hannover Re's first quarter results.
Based on Hannover Re's first quarter results, chairman Wilhelm Zeller expects 2002 to be an "outstan...
Munich Re merges ART units
German reinsurer Munich Re Group is to merge the alternative risk transfer (ART) units of its Munich ...
Hannover Re hopes for best ever year
Based on Hannover Re's first quarter results, chairman Wilhelm Zeller expects 2002 to be an "outstand...
Financial advantage.
Increasing regulation and tighter rules on auditing mean any recruit with a sound knowledge of the financial aspects of business is sure to be snapped up. Simon Walsh looks at the growing role of finance directors within the insurance industry.
Passing the asbestos buck?
The uncertainty that surrounded the claimant's actions in Fairchild, Fox and Matthews has not been quashed by the House of Lords - it has merely been passed over to defendants and their insurers, argues Dr Tony Prichard.
Appointment at Aon.
Aon has taken on Ron Smith in its aviation consulting and reinsurance broking division. He brings wi...
Berkshire Hathaway sees profits soar.
US insurance giant Berkshire Hathaway this week recorded a 51% rise in profits for the first quarter...
New reinsurance business boosts Arch Capital's results
Bermudian (re)insurer Arch Capital has written net premiums of $280.7m for the first quarter of 2002,...
John Berger elected RAA chairman
John Berger, president and chief executive of Chubb Re, has been elected chairman of the Reinsurance ...
Benfield expands into eastern Europe with BMS acquisition
Reinsurance broker Benfield Group has acquired the Czech and Slovak operations of broker BMS Harris &...
Axis reports first results
New Bermudian reinsurer Axis Specialty has written gross premiums of $265.7m in its first full quarte...
Appointment at Atrium Underwriters.
James Lee has joined Atrium Underwriters as compliance officer for the agency's two managed syndicat...
Insurance broadcast.
BBC Radio Five Live will broadcast some of the England v Argentina World Cup match on 7 June from th...
Appointment at Talbot Underwriting.
Talbot Underwriting at Lloyd's has appointed Nick Hales to the new role of director of marketing and...
Insurers offer staff World Cup window.
Like it or loathe it, the impending drama and excitement surrounding the start of the World Cup 2002,...
Playing in the Premier League.
A series of acquisitions has taken Benfield Greig into the Premier League. Chief executive Grahame Chilton talks to Jonathan Swift about strategy.
Benfield Greig eyes Bermuda in run-up to company flotation.
Privately-owned UK-based reinsurance broker Benfield Greig is considering redomiciling to Bermuda as ...
PXRe reports record results after raising capital
Bermudian reinsurer PXRe's recent capital boost helped it to make a net profit of $18.2m for the firs...
Allied World Assurance wins premiums worth $127m
New Bermudian (re)insurer Allied World Assurance (AWA) has written gross and net premiums of $126.6m ...
Buffett warns of nuclear risk
Warren Buffett, charismatic owner of (re)insurer Berkshire Hathaway, has told businesses and insurers...