Reinsurance
Admiral moves to set up Integrated Lloyd's Vehicle
Direct motor insurer Admiral is to set up a new managing agency following the decision by existing ma...
Admiral plans to establish new ILV.
Direct motor insurer Admiral is to establish a new managing agency as part of plans to form a new In...
Radian buys Enhance Re
New York-based financial guaranty reinsurer Enhance Re is to be sold to the Radian Group. Radian, t...
CGNU leaves London market.
CGNU has exited from the London market by selling its Lloyd's managing agency Marlborough to the Ber...
Tough talk at Baden-Baden.
Numbers were down at this year's meeting in Baden-Baden, but those who attended came away with plenty of food for thought, says Eric Alexander.
Keep an eye on the ball.
Insurers and brokers could find themselves in court if they fail to keep their eye on the legal ball. Nigel D Rackham explores the on-going Aneco Reinsurance case to highlight the hidden dangers in broker business.
CGNU exits London market
CGNU has agreed to sell its Lloyd's managing agency Marlborough Underwriting Agency to the Berkshire ...
Stock market opens up.
The proposed revision of Bermuda's restrictions on foreign ownership has had a mixed response. Mairi Mallon listens to the views of the island's indigenous and international business communities.
Weathering the storm.
While the outlook for the Bermuda (re)insurance market has improved, there are still storm clouds on the horizon. Cameron Andrews reports.
Facultative goes on-line soon.
An on-line market for trading facultative reinsurance is being tested prior to a planned launch late...
Model-maker makes good.
Renaissance Re achieved a combined ratio of 32.7% on its catastrophe book in 1999 - one of the worst years in catastrophe history. Adrian Leonard finds out how chief executive Jim Stanard excelled against the odds.
Lloyd's syndicate 529 to be transferred to Omega Underwriting Agents.
Lloyd's syndicate 529, which had its licence revoked in July (Re October 2000, p8), is to be transfe...
Irish site of interest.
The Irish Insurance Federation has gone live with its website, www.iif.ie, which is targeted at both...
Technology set to play bigger courtroom role.
Technology will play an increasing role in the courtroom, according to Nick Young, a partner at Davi...
Ace benefits in Gibraltar base.
The London subsidiary of Bermudian insurer Ace looks set to benefit from its decision to become the ...
Omega to get 529.
Lloyd's managing agent Omega Underwriting Agents is to manage property and marine excess of loss syn...
Braced for Baden.
Talk at next week's pivotal reinsurance event at Baden-Baden is likely to focus on the worrying state of the market. Underwriters have been calling for rate increases for a while now - it is time their warnings were acted on, says Eric Alexander.
Syndicate 529 transfers to Omega Underwriting Agents
Lloyd's managing agent Omega Underwriting Agents is to manage property and marine excess of loss syn...
Syndicate gets first ever financial strength rating.
Moody's has assigned an 'Aa2' (excellent) financial strength rating to the Lloyd's-based Ace Global ...
Winds of change.
Storms have battered the market, but may not be enough to boost reinsurance rates. Eric Alexander canvasses views ahead of the Baden-Baden renewal talks.
Do you feel lucky?
Reinsurers claim to be confident that rates will rise at the coming renewals, but the level of increases remains something of a gamble. Cameron Andrews reports from the Monte Carlo Rendez-Vous.
Arch Capital heads for Bermuda.
Yet another (re)insurer is set to move from the US to Bermuda, to take advantage of what it called t...
Taking cover from disasters.
More catastrophe reinsurance cover is being bought and more is being paid for it, but rates are stil...
You can't have it both ways.
The doctrine of 'apparent authority' is broad but does not operate if the person who invokes it knows a limitation on the authority or has taken steps to limit it, explains Peter Chaffetz.