Capacity Seen Moving After Terror AttacksLondon EditorLondon In the immediate aftermath of the World Trade Center terrorist attack, there was a concern on the part ...
Lloyd's Denies It Is 'In Jeopardy'London Editor A controversial report from Morgan Stanley last week asserted that "large swaths of the reinsurance market are likely ...
Zurich To Divest Re Businesses London Editor Zurich Financial Services formally announced last week its intention to divest its third-party reinsurance business through an initial ...
U.S. Re Rates, Losses UpLondon Editor Years of under-priced business, worsening loss development, and events such as Tropical Storm Allison continue to wreak havoc on ...
Some Dislocation ExpectedAs Reinsurers Rewrite BooksLondon Editor Will the current market hardening lead to a major dislocation and withdrawal of reinsurance capacity? Will there be ...
Trenwick Groups Boosts D&O ReservesLondon Editor Trenwick Group Ltd. has confirmed that its second quarter earnings will be adversely affected by an after-tax charge of ...
Allianz Poised To Expand In RussiaLondon Editor The German insurer Allianz AG plans to significantly expand its activities in Russia with the purchase of a ...
Equitas Boosts AsbestosReserves By 27 Percent London Editor During the past year, Equitas strengthened undiscounted asbestos reserves, gross of reinsurance, by 1.7 billion ($2.4 ...
Tech Concerns Fade Among Global InsurersLondon EditorVienna, Austria The challenge of technology and e-commerce is no longer the most pressing concern facing insurance industry executives ...