January 2006/5

Kiln and Wellington head the list of UK quoted Lloyd’s insurers whose management have negligible equity ownership in the companies’ stock, according to research from the securities house Numis Securities. In contrast, the management teams of Hiscox...

Marsh Inc’s new chief executive Brian Storms will spend much of the next month on the road as he travels across the globe to meet his business heads and rally the broking giant’s troops. The former Mercer Human Resource Consulting chief executive...

The question of whether reinsurers or reinsureds are liable to pay premiums to their brokers could be tested in the UK courts again this year when Absalom v TCRU reaches trial. The obligation appeared to have shifted to the reinsured during last...

Swiss Re’s strategy of bundling up its risk exposures and selling them on to the capital markets took a step further today (23 January), when the reinsurance giant announced it had completed an innovative EUR252mn credit reinsurance securitization.

Bermudian property catastrophe reinsurer IPCRe has today (23 January) revealed a modest increase in the estimated impact from hurricanes Katrina and Rita, together with an estimated net impact of $105mn from Hurricane Wilma, after reinstatements.