Reinsurance
Broker Willis plans move into banking distribution
Willis will eventually become a distributor not only for insurers and reinsurers but also for banks a...
Riot get-out clause.
Two police forces may have to foot the multi-million-pound insurance bill, following riots in Bradfo...
Two in premium finance attack.
Two new premium finance providers aim to wrestle market share from the duopoly that dominates the UK...
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.
Scor boosted by improved pricing conditions
French-based reinsurance group Scor today reported a 53% rise in both gross written premiums and grou...
Ron Ferguson retires from Gen Re
Ron Ferguson is to retire next June after 14 years as chairman and chief executive of General Re. J...
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Many reinsurers have withdrawn from the unprofitable global marine market and the hunt for excess of loss cover intensifies.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.
Time to be big and clever.
Our news pages this month might appear at first glance to be obsessed with size. Several of the main ...
ReResults - Second quarter 2001.
Catastrophe losses of $29.3m contributed to a fall in American Re's profit to $8.1m from $22.2m a ye...
Scottish Annuity & Life of Grand Cayman.
Scottish Annuity & Life of Grand Cayman is to acquire World-Wide Reassurance, a wholly owned subsidi...
Many unhappy returns.
Failure to improve on their inadequate capital returns will lead to problems for many reinsurers, warns David Fanning.
Reinsurers quit Brazil.
Reinsurers are closing or slimming down their offices in Brazil because of delays in liberalising th...
Guy Carpenter appoints Keith Fenwick.
Keith Fenwick (right) has replaced Mark Harding as chief executive and regional manager of the UK op...
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…
RAA reports US reinsurers' 2000 results
The average combined ratio of US reinsurers in 2000 was 113.2%, according to a report on the US reins...
Derivative cover for 2002 FIFA World Cup
Munich Re Capital Markets and Axa Colonia have created a new form of derivative to protect football'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.
PXRe to miss earnings target
PXRe has warned that it will not reach its goal of a 15% return on equity this year, blaming $15m of ...
Climate change: will it sink property insurers?
6 September - The Insurance Hall Much has been written and said about climate change, but just how...
PXRe revises its results
Bermuda-based PXRe has delayed publishing its second quarter 2001 results and is likely to restate it...
New insurer backed by traditional players
A new insurance company called Bluesure is launched today, which allows users to cover a number of th...
Zurich Municipal and Cunningham Lindsey conduct subsidence survey
Cunningham Lindsey's subsidence team is involved in a joint project lead by Zurich Municipal which ai...
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.