The notorious inefficiency of insurer-reinsurer transactions is starting to be addressed now with online platforms driven by the buyers of facultative reinsurance. In fact, some ...
Oil Tanker Spill Cover Might Be LimitedInternational EditorLondon Despite press reports predicting the potentially catastrophic effect of the oil spill off the Spanish coast on ...
Aon Restructures U.K. Re International EditorLondon Aon is restructuring its U.K. reinsurance division as of January 2003, the company announced.Its traditional divisional structure will be ...
Converium Boosts Reserves Again Reinsurance Editor Converium Group plans to strengthen reserves by an additional $70.3 million during the fourth quarter for liability lines written ...
Will Berkshire Buy Employers Re? International Editor Despite the flurry of press reports that Berkshire Hathaway has made a bid to buy Employers Reinsurance Corp., ...
No Two Cyber-Policies Are Alike Reinsurance EditorLos Angeles Not all e-commerce policies are alike, and if buyers arent careful they might find that unseen exclusions ...
Lloyd's Calls For An End To Insurance Cycle MentalityLos Angeles The cycle mentality is dangerous for the insurance industrys long-term prospects, Julian James, director of ...
No Reinsurance Rate Relief In SightLondon The news is not good for primary carriers and self-insured risk managers hoping for some relief from the hardening ...
Insurers Face Off Over Federal CharterLos Angeles Comparing the state of the U.S. insurance regulatory system to Humpty Dumpty--broken and irreparable--a USAA executive contends that ...
Carriers Warned To Buy More Catastrophe Coverage London Some primary insurers might not be buying enough reinsurance to protect themselves from the large catastrophes that ...