News/Reinsurance
IPC Re closes London office.
IPCRe of Bermuda has closed its London-based European representative office, IPCRe Services, with th...
Euro storms hit results.
Insured losses from windstorms Lothar and Martin, which tore through continental Europe last Decembe...
Marathon man.
John Tyszkiewicz (pictured), a broker with Guy Carpenter, aims to raise £15,000 for the UK's Nationa...
New Ren Re director.
Bermudian property catastrophe reinsurer Renaissance Re has appointed James MacGinnitie to its board...
Appointment at Davies Loss Adjusters.
Davies has made three new appointments. David Mansfield joins to extend the client development side ...
Ren Re authorises share repurchase
Renaissance Re has authorised an additional share repurchase programme to buy back $25m of its shares...
Amlin starts on new Summit.
Troubled Lloyd's insurer Amlin has created a new retail division through the merger of its motor syn...
Hannover obtains licence to practice in Malaysia.
Global reinsurer Hannover is the first international life and health reinsurer to obtain a licence t...
Tempest Re sets up in London
Bermudian monoline reinsurer Tempest Re has appointed Wayne Daniel to head up its move into multiline...
Aegon opens takeover centre.
Aegon UK has signalled its intention to expand by opening a centre specifically to handle the run-of...
Mutuals hoping to raise funds through initial public offerings.
Three former north American mutuals - John Hancock, Sun Life and Met Life - along with Pru of Americ...
IPC Re hit by storms and closes London office
IPCRe has said it expects losses of $35m, or $1.36 per share, in the fourth quarter of 1999 as a resu...
Swiss Re to buy in Dallas.
Swiss Re is to pay $260m in cash for two Dallas-based insurers, Southwestern Life Insurance and Secu...
Downward spiral.
Adrian Leonard investigates the effect of the unravelling of the reinsurance spiral behind the Unicover workers' compensation pool.
CCR asks government for cash boost.
The French state-owned reinsurance pool Caisse Centrale de Reassurance (CCR) has appealed to the gov...
Six brokers join RAA.
Following the Reinsurance Association of America's decision to admit reinsurance brokers, Aon Re Wor...
Reinsurer on a roll.
Hannover Re has now completed three securitisations of life and health reinsurance. Steffen Buetow and Regine Kielich explain the company's pioneering refinancing deals.
Reinsurance index 1999.
A complete listing of all the news, features and reports in last year's issues of Reinsurance.
French insurers may fold.
Insured losses in France from the European storms Lothar and Martin at the end of 1999 will exceed t...
IPC to close UK office
IPC Holdings is to shut its UK contact office, IPCRe Services, blaming the move on consolidations amo...
Virgin firms in tax probe.
Four international adjusting firms operating in the Virgin Islands have been investigated for allege...
Deal puts syndicate at risk.
SmithKline Beecham's captive syndicate 1250 at Lloyd's could be under threat following the pharmaceu...
Insurers welcome drug research
The insurance industry has welcomed government plans to research into the effects of driving under th...
Cigna accused of breaking law.
US giant AIG is suing Cigna and a former subsidiary INA, claiming they broke California law by estab...