Reinsurance
Gen Re hit by low rates.
US reinsurer General Re has reported a consolidated net underwriting loss of $273m on earned premium...
Tyszkiewicz runs for charity.
John Tyszkiewicz, of reinsurance broker Guy Carpenter, has raised £20,000 ($30,300) for the UK's Nat...
Steffey quits as head of ReAC.
Nick Steffey, chief executive of loss-making Reinsurance Australia Corporation (ReAC), resigned last...
Technology takes its time.
An IT revolution is coming ... eventually. Adrian Leonard finds reports of technological transformation in the reinsurance industry greatly exaggerated.
Co-operation in operations.
Mike Hannan reflects on this year's London Processing Centre conference and urges (re)insurers to work together on IT issues.
S&P predicts further gloom.
Europe's reinsurers averaged a combined ratio of 131% on their global results in 1999, according to ...
Haag to leave PartnerRe.
Herbert Haag, chief executive of PartnerRe, has advised the group's shareholders that he plans to re...
Hannover converts shares.
Hannover Re is converting all its shares into fully paid, listed shares, requiring its shareholders ...
Ratings - Reinsurers to have ratings lowered.
Rating agency Standard & Poor's is to lower the financial strength ratings of several reinsurers fol...
Appointment at Aspen.
Actuaries and pensions consultancy Aspen has appointed Jeremy Walker as information technology manag...
EL doubts are ended by ruling.
A Court of Appeal judgement on Tuesday has resolved a major area of confusion over employers' liabil...
Exclusive - Adjusting to life in Lloyd's.
Loss adjuster Woodgate & Clark will open an office in the Lloyd's building next month as part of its...
Appointment at Rosling King.
Rosling King solicitors has made four new appointments. Simon Geoghegan, Jessica Knight and Iain Cor...
Lippincott to chair RAA
Robert Lippincott, chairman and chief executive of Axa Re US, has been elected chairman of the Reinsu...
Scor enters US life market with buy from PartnerRe.
French reinsurance group Scor is to move into the US life reinsurance market with the purchase of Pa...
Reinsurers fight US and UK tax proposals.
Bermuda-based (re)insurers Ace, XL Capital and Everest Re have hit out at a bill introduced into the...
Case ruling could bring on EL chaos.
Employers' liability insurers could be plunged into chaos and confusion as the result of a Court of ...
Benfield Greig's profits down
Benfield Greig has seen its profit before tax almost halved to £16.1m ($25.4m) for the year ended 31 ...
Buy for the Scor-board.
French reinsurer Scor has become a leading player in the global life reinsurance market after buying...
PXRe appoints executives
US reinsurer PXRe has appointed six new executives to its property/casualty reinsurance unit. James...
Scor buys PartnerRe's US life business
French reinsurance group Scor is to buy the US life operations of PartnerRe for an undisclosed sum. ...
Firms raided by police.
A huge investigation into insurance fraud has led to a series of police raids. The Preston office...
Scor stays in the black as income takes a plunge.
Scor's net income fell by a third in 1999, but despite the drop and a deficit of EUR89m ($85.8m) on ...
Rising costs of natural and man-made disasters.
Catastrophes are becoming far more devastating and costing insurers much more, according to Swiss Re...