Reinsurance
QBE restructures European business
With immediate effect, QBE will operate four product underwriting divisions: casualty & motor; property; marine & energy; and reinsurance & specialist.
QBE restructures European business
With immediate effect, QBE will operate four product underwriting divisions: casualty & motor; property; marine & energy; and reinsurance & specialist.
Earthquake losses "manageable" for Chilean insurers, claims Moody's
Early estimates indicate that the magnitude 8.8 earthquake off the coast of Chile on 27 February, will bring high insured losses, which will likely pressure overall profitability.
RMS: detailed damage reports following Turkish earthquake still scarce
The Unites States Geological Survey has reported a fixed focal depth of 6.2 miles (10 km) and an epicentral location close to the village of Basyurt, 340 miles (550 km) east of the Turkish capital, Ankara.
RMS: detailed damage reports following Turkish earthquake still scarce
The Unites States Geological Survey has reported a fixed focal depth of 6.2 miles (10 km) and an epicentral location close to the village of Basyurt, 340 miles (550 km) east of the Turkish capital, Ankara.
Interview: Ulrich Wallin, Hannover Re - German ambition
Since taking the reins at Hannover Re from Wilhelm Zeller in June last year, Ulrich Wallin has helped the German reinsurer grow both organically and through acquisition. He tells Katherine Blackler about his career, predictions for 2010 and plans for…
Glacier agrees space deal
Glacier Insurance is to support the Space In-Orbit Insurance Consortium led by Sciemus Space Insurance Services with immediate effect.
AIG to sell non-US life unit to MetLife
AIG’s board of directors approved the sale of the division to MetLife on March 5th, according to newswire Bloomberg.
AIG to sell non-US life unit to MetLife
AIG’s board of directors approved the sale of the division to MetLife on March 5th, according to newswire Bloomberg.
Prudential may exit some Asian lines after AIA swoop
Prudential may quit some countries in Asia should it seal the buy of AIG’s AIA, sources told newswire Reuters on Friday, allowing the bulked-up insurer to focus on key markets.
AIG to sell remaining stake in Transatlantic
Troubled American insurance giant AIG is to sell its remaining stake in Transatlantic as part of its sell-off programme that saw the insurer announce the sale of its Asian unit AIA to Prudential this week.
Corporate tax cut in New York proposed by NYIE - Wrynn
The New York Insurance Exchange may seek lower federal corporate tax to enhance its appeal, according to the Insurance Superintendent
Cooper Gay to make cuts in aerospace division
Cooper Gay is making redundancies in its aerospace division, Reinsurance has learned.
Slower ascent for airline insurance in 2010
Aon's airline insurance market outlook 2010 report shows that the average lead hull and liability premium in the airline insurance market rose by 20% during 2009, taking total lead hull and liability to US$1.9 billion.
Taiwanese earthquake to cost around $1bn, says Eqecat
An earthquake that hit Taiwan earlier this week has caused economic damage of around $1bn, risk modelling firm Eqecat has said.
Hardy records 78.1% combined ratio
Hardy Underwriting Bermuda has reported profit before tax and foreign exchange movements of £26.7m (2008: £4.4m).
Resume: Unflappable spirit
Geoff Bromley tells Reinsurance about falling into the industry and some unusual Nigerian business
Notes from The Weekly
A month's worth of fun and frolics
Legal: Climate change, nanotechnology and cyber-risk liabilities
Our climate is changing rapidly while technology that used to be the preserve of fanciful fiction is growing prevalent, writes Nilam Sharma, Michelle Jones and Benjamin Folkinshteyn
The risk of volcanoes
Though rare events and to some extent predictable short term, volcanoes nonetheless present a grave risk to life and property in developing nations and major metropolitan centres alike, writes Tim Evershed
The case for risk management and ratings
Yann Le Pallec discusses the role that enterprise risk management plays in the (re)insurance sector and the methodology used in deriving opinions regarding the strength of a reinsurer's ERM
A step forward
A year ago, talk of the huge expansion opportunities offered by the central and eastern European insurance markets was commonplace. Recession, though, has moved the focus from growth to consolidation, profitability and efficiency, writes Daniela Ghetu
Interview: Stephen May - Cultivating Kane
Katherine Blackler talks to Stephen May, chief executive officer at Kane, about the high points of his career and why the Middle East is still an attractive area for (re)insurers
What's up in construction and engineering?
Katherine Blackler examines the effects of the recession on construction and engineering markets along with the risks and opportunities for reinsurers presented in 2010