Reinsurance
Lloyd's ups terror costs.
Lloyd's has dramatically increased its estimate of net losses relating to the 11 September terrorist...
US reinsurance sector performance falls
The latest survey by the Reinsurance Association of America (RAA) showed that the combined ratio of a...
Hannover Re to raise Euro 194m
Hannover Re has announced today that it will embark on a rights issue to increase its capital by Eur ...
PXRe still seeking capital
Bermudian reinsurer PXRe has terminated talks with one of its investors, Select Re, about a possible ...
Lloyd's insurer Goshawk sets up Bermudian reinsurer
The Lloyd's insurer Goshawk plans to raise £101m ($143m) to set up a Bermudian reinsurer to exploit t...
Markel rebrands in Australia
Markel International is reorganising its Australian operation, R E Brown Australia Pty Limited. The c...
Appointment at Safeonline.
David Calverley joins digital risk insurance provider Safeonline as chief legal officer responsible ...
Appointment at Aspen.
Aspen, the firm of actuaries and pension consultants, has made Malcolm Pearce a member of its board ...
Shelter Mutual withdraws 529 commitment.
US insurance group Shelter Mutual has withdrawn its commitment to Lloyd's syndicate 529, just over a...
Da Vinci in the frame.
Renaissance Re's new Bermudian-based venture Da Vinci Reinsurance started accepting binding business...
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...