Reinsurance
Swiss Re vows continued improvement
Monte Carlo News
Appointment at Carvill
Reinsurance and specialty business intermediary Carvill has appointed Mark Verheyen to its reinsurac...
PwC survey reveals 'upbeat' market
Monte Carlo News
Benfield encouraged by US and European growth
International reinsurance broker Benfield Group has reported a £60.1m increase in its profits before...
Unlimited liability
Monte Carlo News
Talbot appoints new political risk underwriter
Lloyd’s insurer Talbot Underwriting has announced the appointment of James Bamford to the position of political risk underwriter in succession to Nicky Ablett, who is leaving Talbot after 12 years with the group. The appointment is subject to regulatory…
RJ Kiln announces new underwriting deal
RJ Kiln has announced that it has finalised a deal with WR Berkley to underwrite new reinsurance business.
Just say no call by Coomber
John Coomber, Swiss Re CEO insisted his company would just say no to business at the wrong price and that he hoped the industry as a whole would not repeat the follies of the past "and fly too close to the sun once again."
2005 set to see reinsurance reductions says Aon
Buyers of reinsurance have cited price as their main concern when renegotiating their reinsurance contracts for the 2005 renewals, according to Aon's latest survey, replacing security, the main concern in 2003.
Reinsurers to remain stable despite pressure, says AM Best
A mix of positive and negative forces continue to influence the financial strength of reinsurers, according to ratings agency AM Best's latest report, Global Reinsurance. However it claims that the net effect will be a continuance of a largely stable…
Ecclesiastical commended for high renewals
A.M. Best has affirmed the financial strength rating of A- (Excellent) of Ecclesiastical Insurance Group. The outlook remains stable.
New CFO at Montpelier Re
Montpelier Re has announced that Kernan ("Kip") Oberting has been appointed chief financial officer and an executive vice president with effect from 1 October 2004.
Benfield posts first half results
Benfield has announced interim results for the first half of 2004.
Hurricane season warnings remain
Insurers have been warned not to take their eyes off the Americas, despite losses from Hurricane Fra...
Rallying round
Global Report
Atrium Underwriting announces updated profit forecasts
Atrium Underwriting has announced updated and improved profit forecasts of 15% for its syndicates 57...
Appointment at Arch Europe
Arch Europe has appointed Nicholas Metcalf to the newly created position of director of underwriting...
Appointment at RJ Kiln
Lloyd's managing agency RJ Kiln has made Habib Kattan reinsurance manager. He will be responsible fo...
Aspen Insurance UK to start aviation insurance account
Aspen Insurance UK is to start an aviation insurance account from 2005. Aspen's aviation team will b...
Appointment at CTC Services
Loss adjuster CTC Services has opened an office in Madrid and taken on three new staff. Antonio Fern...
Compensation Culture viewpoint
In the last in our series of comments from participants in the Monte Carlo debate, US judge Richard Posner, outlines his views
Axis joins Spitzer's list of subpoenaed firms
Global Report
Swiss Re announces Nat Cat estimates
Swiss Re has announced that based on current estimates, it expects its aggregate claims related to hurricanes Charley and Frances to be below $300m before tax. It added these events will not change Swiss Re’s positive outlook for 2004 and its combined…
Florida hurricanes will cost Swiss Re £169m
Swiss Re announced today that, based on current estimates, it expects its aggregate claims related to the hurricanes Charley and Frances to be below $300m(£169m) before tax.