Reinsurance
View from the US.
Any proposed legislation to provide insurers assistance with terrorism cover could place a heavy bur...
Axis secures $1.6bn capital
Axis Specialty, the new reinsurer backed by broker Marsh, has secured over $1.6bn of capital in a pri...
IPC plans share offer
IPC Holdings, parent of Bermudian property catastrophe reinsurer IPC Re, is planning a share offering...
White Mountain launches Montpelier Re
White Mountain's new reinsurance venture has been named Montpelier Re and has raised its target capit...
Da Vinci Re opens for business
Renaissance Re's new Bermudian-based venture Da Vinci Reinsurance has started accepting binding busin...
Aon: Bermuda team venture.
Broking giant Aon has followed rival Marsh's lead by announcing a new Bermuda-based insurance ventur...
What the Papers Say.
THE GUARDIAN A woman who gave birth to quadruplets, after fertility treatment went wrong, was awa...
Ace "Paranoid" says Clarke QC.
Bermudian insurer Ace's attempts to put a halt to former high-profile employee John Charman's curren...
Insurer giants take over Alleghany.
Some of the biggest names in the insurance industry have combined to take over Alleghany Corporation...
Lead action by Christmas.
AIG could be facing a multi-million pound compensation bill by the end of the year from victims of l...
Willis axes client contact at Leeds.
Broking giant Willis has axed the client contact facility at its Leeds office, following a reorganis...
PXRe turns in $33.9m loss
Losses from the terrorist attacks in the US on 11 September contributed to the Bermudian reinsurer PX...
Alleghany exits Lloyd's
Alleghany Corporation has sold its Lloyd's subsidiary Alleghany Underwriting to Talbot Holdings, a ...
Another new reinsurer for Bermuda
White Mountains has announced today that it is seeking to establish a Bermuda-based property and casu...
Marsh stands by Charman.
Broker Marsh is standing by its new high-profile manager John Charman, despite the fact he is being ...
Appointment at Cunningham Lindsey.
Clive Spiller has moved to Cunningham Lindsey UK as Cardiff service centre director, with both clien...
US rejects call for terror pool.
The US insurance industry is facing a critical market problem, Treasury Secretary Paul O'Neill told ...
Insurers team up in Bermuda.
Global insurance giants AIG and Chubb have teamed up with Goldman Sachs to form a new Bermuda-based ...
Government backs terrorist cover by definition.
The government reaffirmed its commitment to providing retrocessional cover for terrorist acts, in res...
Axa prepared to contest World Cup legal action.
French insurer Axa plans to contest any legal action bought against it by football's world governing...
United we stand?
As the economy leans towards recession, many wait to see whether the expected downturn will topple the insurance industry and the frenzy of merger and acquisition activity that has characterised it recently. Edward Murray investigates.
QBE shake-up as Lothian quits.
Australian insurer QBE's European division has lost another big hitter just a year after the surpris...
Relationships suffer as reinsurers become more clinical
Reinsurers are reducing their emphasis on long-standing client relationships and adopting a more clin...
Australian recovery a slow process
Reinsurance broker Guy Carpenter, which plans to recover up to $200m for insurers who placed busines...