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  • Platinum Underwriters has become the latest reinsurer to put a loss figure out for last month's Tohoku earthquake and tsunami as it said its Q1 financials will take a net negative hit of $87mn from the disaster.
  • News that multi-year (re)insurance deals are returning will naturally be seized upon by observers claiming that we are reaching the bottom of the global P&C (re)insurance cycle.
  • Lloyd's grandee Stephen Catlin has taken the debate about who should succeed Lord Levene as chairman of the Corporation public by telling an audience of industry figures that an internal candidate is needed.
  • Zurich Specialties London, Ace unit Illinois Union and Lloyd's insurer Novae will appeal after their action to revoke defence payments made to lawyers Milberg LLP for criminal counts linked to a kickback scheme was dismissed.
  • Our monthly column keeping a check on recent US and EU legislative and regulatory developments, in association with Sidley Austin LLP.
  • Hannover Re was boosted last week with the news that rating agency Standard & Poor’s (S&P) had affirmed its AA- insurer financial strength and long-term counterparty credit ratings on the German reinsurer, removing them from CreditWatch with...
  • The following article appeared in the June 12, 2000 issue of Schiff’s Insurance Observer Last Thursday afternoon, after trading had closed on the New York Stock
  • Guy Carpenter has taken over the Caribbean Catastrophe Risk Insurance Facility (CCRIF) account from rival reinsurance broker Aon Benfield.
  • Jardine Lloyd Thompson (JLT) has continued to lure Aon executives with the hiring of another team of producers from the broking giant.
  • Leading Swiss cat bond investment manager Clariden Leu has re-opened its flagship fund to new investments, following strong insurance-linked securities (ILS) issuance in the second half of the year.