Reinsurance
NAIC calls for TRIA extension
The National Association of Insurance Commissioners has urged Congress to adopt a two-year extension...
S&P revises Hannover Re outlook
Standard & Poor's Ratings Services (S&P) has revised its outlook on German reinsurer Hannover Rückversicherung (Hannover Re) and other core members of the Hannover Re group to stable from negative.
Fitch affirms PartnerRe ratings
Fitch Ratings has affirmed the 'AA' (very strong) insurer financial strength rating of Partner Reinsurance.
NAIC issues TRIA extension call
The National Association of Insurance Commissioners (NAIC) has called on the US Congress to adopt a two-year extension of the Terrorism Risk Insurance Act (TRIA).
Winners and Losers: Post Magazine's monthly round-up of job cuts and gains
WINNERS Helphire Group has opened its 15th regional branch, in Newcastle. With another five branche...
Eklund resigns from RenaissanceRe
RenaissanceRe has announced that David A. Eklund, RenaissanceRe executive vice president, and president and chief underwriting officer of RenaissanceRe, is resigning from the company to pursue personal interests.
Euclidian IPO plan may be hit by Names High Court action
Insurer Euclidian's plans to launch a £125m initial public offering in the autumn have suffered a bl...
Appointment at Zurich
Zurich London has appointed Jane Hayes to head of corporate underwriting. Ms Hayes joined Zurich Glo...
Axis Specialty Europe begins underwriting liability insurance
Axis Specialty Europe has begun underwriting directors' and officers' liability insurance and other ...
Europe singled out for growth
Reinsurance broker Guy Carpenter has published a review of the Lloyd's insurance market, commending ...
Appointment at Beazley
Lloyd's managing agency Beazley has made Rachel Errington assistant treaty underwriter. She joins fr...
Lloyd’s Market doubles to £1.9 billion
The Lloyd's Market in 2004 report, published by Guy Carpenter & Company, reveals the continued strengthening of Lloyd’s results since the US terrorist attacks in September 2001.
Ace appoints Kramer
Ace has announced that Donald Kramer has been appointed executive, office of the president & chief executive officer, effective immediately.
Bermuda reinsurers praised
The sudden appearance of 11 new reinsurance companies in Bermuda in 2002 brought renewed vitality to the global reinsurance market, according to a panelist at Standard & Poor's Ratings Services Insurance Conference last week, but more established global…
Reinsurers' profits set for price war and reserving squeeze
First quarter results from the European reinsurers point to an improved profit outlook for the year ahead, according to broker Benfield.
Time to test yourself
A selection of questions from various past CII qualification papers. Whether you are studying for Chartered Insurance Institute exams or just want to test yourself, see how you do
Benfield offers paperless documentation
Benfield can now provide all technical documentation (claim advice, claim settlement, premium credit closing and treaty balance), in a paperless, electronic format. The system enables invoices and closings to be delivered directly to customers after…
Guy Carpenter develops flood-risk tool
Broker Guy Carpenter and software provider Eqecat are jointly developing a flood risk exposure tool ...
Latex case establishes precedent for employers’ liability
Cardiff County Court has today awarded £240,000 compensation, with a further £114,000 punitive interest, to nurse who developed a life-threatening allergy to latex.
XL London Market announces new underwriting appointments
XL London Market announced today that XLLM underwriters Colin Sprott and Michael Talbot have been appointed marine deputy underwriter and hull class underwriter, respectively, for Lloyd’s Syndicate 1209.
FSA green-lights new commercial UK insurer
Bermuda-based Arch Insurance is expanding its European subsidiary to take advantage of London's brok...
Beijing grants another full licence
General Re has been issued with a licence to operate as a composite reinsurance company in China on ...
Hannover Re singled out
Germany's Hannover Re has been singled out as the best overall company in the North American reinsur...
S&P maintains negative outlook for US reinsurers
Ratings agency Standard & Poor’s (S&P) is maintaining its negative outlook on the US reinsurance market, despite recent improvements in underwriting performance.