Reinsurance
St George Re writes asbestos risk
Bermuda-based reinsurer St George Re has started to write insurance for historical corporate asbesto...
Venturing out to the emerging markets
Inside view
Buffett time!
Dear friend, "Psst! Fancy a piece of the action? I can't tell you too much, my friend, but this is ...
IFEX announces 3100 futures traded
Reinsurance futures exchange IFEX said that, since trading began at the end of September 2007, it ha...
Monoline insurers - XL is latest victim of monoline implosion
XL Capital has become the latest high profile victim of the implosion of the monoline insurers, afte...
Lockton expands in London and treaty
Broker Lockton has agreed to a 20-year lease to move into a new European headquarters in London. Loc...
Judge approves $13.5m settlement
A New York federal judge has approved a $13.5m settlement of a securities class action between Renai...
TRIA extension compromise
President Bush has signed the final compromise version of a seven-year extension to the US terrorism...
Retrocessional deal - Berkshire Hathaway assumes 20% of Swiss Re P&C portfolio
Warren Buffett's Berkshire Hathaway has once again taken the market by surprise after securing one o...
Renewed and refreshed?
Renewals
Aon completes 80% of 1/1 electronically
Aon completed as much as 80% of its 1/1 treaty reinsurance renewal placements electronically in Dece...
New quota-share treaty for XL Re
Bermudian reinsurer XL Re has announced a quota-share reinsurance treaty with a newly formed Bermuda...
No time for a breather
Mairi Mallon catches up with Ed Noonan of Validus
Alec Finch announces new MD
Alec Finch and Company has announced the appointment of Paula Williams as managing director with effect from 1 February 2008.
Benfield expands its presence in China
Independent reinsurance and risk intermediary Benfield announced today it has received approval from the China Insurance Regulatory Commission to open a new representative office in Beijing.
Sea surface warming leads to increased Atlantic hurricane activity
New research quantifying the impact of rising Atlantic sea surface temperatures has helped improve the understanding of how hurricane risk changes as the sea surface warms, allowing insurers and reinsurers to better manage their risks now and in the…
Munich Re trumpets record 07 profit
Global reinsurer Munich Re has announced it expects to declare a record profit of €3.9bn (£2.9bn) for 2007 and would increase its dividend by 22% to €5.50 a share.
Aviva enters South Korean life market
Aviva has announced that it is to enter the South Korea life insurance market by forming a consortium with Woori Finance Holdings.
XL sees ratings slump
Insurance giant XL has seen its insurer financial strength ratings downgraded by both Fitch and AM B...
Appointment at Endurance
Win Hotchkiss has joined Endurance Worldwide Reinsurance as senior vice president, capital markets. ...
Axa improves online tracking
Axa has overhauled its online new business tracking in response to feedback from advisers.
Swiss Re joins Deutsche Bank as IFEX market maker
Insurance futures exchange IFEX has announced that Swiss Re Capital Markets will make markets in the US tropical wind event linked futures contracts listed on the Chicago Climate Futures Exchange.