Reinsurance
XL Capital invests in OneCapital
Bermudian (re)insurer XL Capital has bought a minority stake in OneCapital Management Partners, a New...
Profit warning?
Although many predicted it would be a profitable sector, solicitors' professional indemnity is proving difficult, with some insurers having to pull out. Some of these challenges are also being reflected in the wider PI market. Veronica Cowan reports on…
A new Florida law has placed a 10% cap on a 40% rate increase ...
A new Florida law has placed a 10% cap on a 40% rate increase scheduled for 1 July. It has allowed t...
Three investors have put $150m (£105m) into Bermudian reinsurer
Three investors have put $150m (£105m) into Bermudian reinsurer PXRe, raising its capital to more th...
Arch Capital gets $179m to invest in (re)insurance
The Bermudian financial services company Arch Capital has made a net $179m from the public sale of 7....
Founder Clements leaves XL
Robert Clements, one of the founders of Bermudian (re)insurer XL Capital, has left the board of the c...
Gaviota Re ratings withdrawn
Luxembourg-based reinsurer Gaviota Re has requested that rating agency Standard & Poor (S&P) withdraw...
PXRe rating no longer on Creditwatch after capital injection
Rating agency Standard & Poor's has removed the Bermudian reinsurer PXRe from Creditwatch and maintai...
PXRe gets $150m of new capital
Three investors have put $150m into the Bermudian reinsurer PXRe, raising its capital to more than $5...
Vietnam National Re had successful year.
Vietnam's state-owned domestic reinsurer, Vietnam National Re, had one of its most successful years ...
Arch Capital sets share offering price
The Bermudian insurance and financial services company Arch Capital is to sell a previously-anounced ...
Insurers create terror risk carrier
Six of the world's largest (re)insurers have created a company to write European property terrorism c...
New (re)insurer Axis gets $400m of credit
New Bermudian (re)insurer Axis Specialty has agreed $400m of revolving credit with a syndicate of len...
Hannover Re securitises cat risk
German reinsurer Hannover Re has completed its so-called 'K3' transaction to securitise catastrophe ...
Ace and XL Capital establish a chair.
Bermudian groups Ace and XL Capital have put up $3m to establish a chair in risk management and insu...
Out with the old, in with the new.
Bermuda's World Insurance Forum not only gave the market's leaders the opportunity to air their views, it also - inadvertently - offered an insight into the changing shape of the market. Janina Clark reports.
11/9 doubles year's losses.
Insured losses from the 11 September terrorist attacks on New York and Washington total $30-58bn, Swi...
Results in brief.
Underwriting discipline at Berkshire Hathaway subsidiary General Re is to be tightened. General Re m...
Arch Re is looking to raise more capital.
New Bermudian reinsurer Arch Re is looking to raise more capital. It is planning a public offering of...
Make light work of it.
Reinsurer Converium has combined its software package Prime with Benfield Greig's ReMetrica II to create a simpler dynamic financial analysis system for optimising insurance. Adrian Leonard reports.
Mould growth.
A spate of toxic mould claims in the US has alerted (re)insurers to another round of potentially fatal litigation. Patricia Vowinkel reports on the companies' responses.
Rising to the challenge.
When accident and health life reinsurers abandoned the workers' compensation market after 11 September, property and casualty reinsurers stepped in - but at a price. Patricia Vowinkel reports on the massive shake-up in the workers' compensation market.
Offshore betting.
Tony Taylor thought starting a new reinsurer was such a good bet he named the company after his racehorse. He tells Janina Clark about the creation of new Bermudian reinsurer Montpelier Re.
Super Bowl challenger.
Rod Fox (left) hesitated about entering the world of reinsurance broking but now relishes his job as chief executive of Benfield Blanch, the US arm of the Benfield Group, says Janina Clark.