Reinsurance
Amusement parks - Profitable amusement
Jeremy Golden reports on insuring the fast-growing and highly specialised theme and amusement parks business
Start-ups to join IPO bandwagon
An additional three Class of 2005 start-ups have joined the rush to raise capital by floating in New...
Editorial - Keep your friends close, your best broker closer
Dear Friend, The great thing about fac brokers is that they know what is going on from day to day -...
Former director and CEO resumes lead of White Mountains
White Mountains has reshuffled its senior management, with Ray Barrette simultaneously succeeding Ja...
Film - Film insurance: the agony and the ecstasy
Mairi Mallon looks at the status of the most glamorous sector of the insurance industry, the film insurance market - where rates are currently reported as "exceptionally good"
Harbor Point launches $250m retro vehicle
Class of 2005 Bermudian start-up Harbor Point has formed New Point Re, a retro sidecar company capit...
The man who turned Bob Clements down
Mairi Mallon spoke to legendary Lloyd's property underwriter Les Rock for an outline of what Bermuda's latest immigrant has in store for the $1bn Ironshore direct insurance start-up
State Farm jury's $2.5m may trouble Katrina reinsurers
A US jury has awarded $2.5m in punitive damages to a couple who sued State Farm Fire & Casualty for ...
Chilton dismisses Nymex contracts
Benfield chief executive Grahame Chilton has dismissed the forthcoming Nymex-CME 'Re-Ex Index' trada...
Renewals 2007: A multi-colour perspective
This year, we have divided our report on renewals into three key sections: the numbers, the answers ...
Fac Back - Medical malpractice
This month, a letter from the MDU - have your say on www.facmagazine.com and www.blog-re.com
Interview - The year of fac opportunity
Mark Geoghegan tracked down Malcolm Payton (MP), global practice leader for facultative solutions at JLT Re, and found a man on a mission to fill the gaps treaties just can't fill
Stop moaning and deal with it!
Inside view
Florida governor imposes rate cap
An emergency rule forcing property insurers in Florida to freeze rates has been approved.
Benfield man joins Converium after departures
Swiss reinsurer Converium has made two appointments following the departure of senior executives in its property & casualty and life & health departments.
Hurricane threat not over says expert
The threat of hurricanes in the Atlantic region will remain high for decades, a report by a leading physicist has warned.
Munich Re battens down the hatches as 1/1 premiums fall 3%
Global reinsurer Munich Re has said that overall it is satisfied with the outcome of the 1st January renewals, but pointed to a 3úll in premium volumes and an increasingly competitive market.
K5 latest Cat bond to be hit by Kyrill
Hannover Re has confirmed that risk securitisation ‘K5’ has softened the blow caused by last month’s winter storm Kyrill.
Benfield poaches Cooper Gay exec for Fac successor
Benfield has announced the appointment of Jeremy Goodman to head the company’s global Facultative Solutions team.
RAA slams Florida "gambling" on Cat risk
The Reinsurance Association of America (RAA) today warned that the insurance reform bill enacted by the Florida legislature amounts to “gambling” by the State of Florida.
Munich Re €110m Cat bond may be triggered on Kyrill loss
Standard & Poor's (S&P) has placed Munich Re’s Aiolos catastrophe bonds on negative creditwatch after the giant reinsurer advised of a potential claim event under the cover.
Florida Cat change
The Florida legislator’s dramatic intervention in the State’s catastrophe (re)insurance market at the end of January will wipe out up to $2bn in reinsurance premiums and will have a dramatic effect on the worldwide property catastrophe market, a leading…
Indie hearing: Bright and Condon face the camera
Micheal John Bright, former company chairman and managing director of Independent Insurance and Philip John Condon, former deputy managing director, were filmed as they entered Southwark Crown Court for this week's preparatory hearing.