News/Reinsurance
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...
RAA widens intake.
The Reinsurance Association of America (RAA) is to expand its affiliate class of members - which is ...
Doomed to distinction.
QBE is one Australian reinsurer determined to avoid extinction. Bob Grant, general manager of its European Operations, tells John Sanders his strategy for success.
Lloyd's syndicate for Copenhagen Re.
Copenhagen Re is to launch a Lloyd's syndicate later this year to write annual premiums of over £40m...
New syndicate for Copenhagen Re
Copenhagen Re will launch a Lloyd's syndicate this October, expecting annual written premiums of over...
The good, the bad & the ugly.
Dominic Simpson analyses the mixed fortunes of profitability at Lloyd's over the last few years and concludes there are many more highs and lows to come.
Banks may be forced to sell off businesses
Banks could be forced to sell off viable parts of their business - possibly including their insurance...
PXRE launches new operation.
Lloyd's managing agency PXRE has unveiled a new service outfit targeting the small-to-medium-sized c...
Scor in cat bond issue
French reinsurer Scor has placed a 3-year, $200m catastrophe bond to cover US and Japanese earthquake...
Lloyd's warned of desertion.
Lloyd's is facing a "devastating" exodus of key players unless its speeds up its process of reform, ...
Scor opens in China.
French reinsurer Scor has opened a representative office in China. Chairman and chief executive Jacq...
Turbulent times.
Eric Alexander discovers aviation insurers are distinctly edgy at the moment and nobody seems quite sure which way the market is going to jump.
IT solution providers.
This table shows a selection of companies offering IT solutions for the insurance industry. It is by no means comprehensive, but provides useful contact information for those planning to invest.
Appointment at Audatex.
Paul Richardson is the new insurance services director at Audatex. He was previously with Lloyds TSB...
Scor opens Beijing office
French reinsurer Scor has opened a representative office in Beijing. The company, which has written...
Daniel joins Tempest.
Wayne Daniel is to lead Tempest Re's multiline expansion into Europe and Asia. Monoline Bermudian pr...
German life in Asia.
Hannover Re is to write life and health business in Malaysia and Hong Kong. The German reinsurer has...
Renewals stay flat.
If the reinsurance market is returning to health, it is doing so at a snail's pace - at least in ter...