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Reinsurance

Return to sanity?

Reinsurers are expecting this year's Monte Carlo Rendez-Vous to herald a long-awaited return to sanity, after the losses of the last few years. The mood will be serious and the bargaining hard, says Janina Clark.

Excess proves elusive.

Many reinsurers have withdrawn from the unprofitable global marine market and the hunt for excess of loss cover intensifies. However, Adrian Leonard finds that the market is on the turn.

Many unhappy returns.

Failure to improve on their inadequate capital returns will lead to problems for many reinsurers, warns David Fanning.

Brokers look for reform.

Marine (re)insurance brokers have noticed an improvement in the service from risk carriers, according to independent research for GE Frankona Re. Many brokers, however, still believe that there are shortcomings in the service, says the UK reinsurer's…

Putting ART in the frame.

Alternative Risk Transfer is not something the UK market was drawn to straight away, but now insurers are beginning to see the bigger picture and what ART can do for them, says Marcus Alcock.

Proceed with caution.

At first glance, the reinsurance industry seems to be heading towards a full recovery, but David Fanning finds many observers far from convinced.

Smoking is a drag.

In the past, cigar and pipe smokers often qualified for 'non-smoker' discounts. A survey by Hannover Re shows that UK life insurers are now tightening up on their definitions. Keith Sankey reports.

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