LONDONUnlike the United States where insurance carriers frequently take a decentralized approach to their information technology programs, European insurers control many of their IT development ...
Rating Agencies: Outlook Still NegativeInternational EditorMonte Carlo The global reinsurance industry continues to be buffeted by a variety of pressures that have led ratings agencies ...
Trenwicks Lloyds Operation SurvivesInternational EditorMonte Carlo One of the few success stories of the last few years has been the return to profitability of Trenwick ...
Rating Agencies: Outlook Still NegativeInternational EditorMonte Carlo The global reinsurance industry continues to be buffeted by a variety of pressures that have led ratings agencies ...
U.S. Reinsurers 6 Month Results ImproveInternational Editor U.S. reinsurance results improved for the six-month period ended June 30, with a group of 30 U.S. reinsurers ...
European Asbestos Woes Far From OverInternational Editor The recent announcement by Royal & SunAlliance that it had a deficit in its asbestos-related reserves on both ...
Who Blinks First? Reinsurers, Cedents?International EditorMonte Carlo Who will blink first during the coming January renewals? The reinsurers want to maintain hard market rates while ...
Lloyds Document Targets Coverholder Relationships International EditorLondon Lloyds of London is releasing a consultative document this week that outlines proposals to improve delegated underwriting relationships ...
S&P Downgrades Munich ReStandard & Poors, in the latest bleak assessment to hit a string of reinsurers, downgraded Munich Re to "A-plus" from "double A-minus."The ...