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Clarke steps down from Converium
Terry Clarke has confirmed he will step down from Converium’s board of directors at the company’s AGM on 11 April. Clarke was appointed interim CEO in February 2005 to steady the ship following the ousting of Dirk Lohmann over the company’s much...
13 March 2006
International News Digest - October 2004
In our regular monthly News Digest, we round up key stories from the last month, presenting them in easily digestable snippets. The major events of the month - including Spitzer’s complaint - are featured elsewhere in the issue
01 October 2004
Trenwick withdraws from aviation as MBO imminent
Trenwick Managing Agency announced at the beginning of the month that it had stopped writing aviation business "with immediate effect". The firm, which hopes to announce a management buyout from its distressed parent Trenwick International later this mont
01 July 2003
New Swiss terrorism reinsurance facility
Benfield announced this week the creation of a terrorism reinsurance facility for all private insurers of property risks within the Swiss insurance market.
13 October 2003
Net income rises at SCOR
French reinsurer SCOR has reported a 61 percent rise in its first quarter income to EUR53mn from EUR33mn in the prior-year period.
22 May 2006
Foreman steps down at Wellington
Lloyd’s insurer Wellington Underwriting plc has announced the retirement of its chief underwriting officer David Foreman in a statement to the London Stock Exchange this morning (6 March 2006).
06 March 2006
Foreman steps down at Wellington
Lloyd’s insurer Wellington Underwriting plc has announced the retirement of its chief underwriting officer David Foreman in a statement to the London Stock Exchange this morning (6 March 2006). Wellington said Foreman will step down from the board...
06 March 2006
Ren Re raises expectations
Bermudian reinsurer Renaissance Re said last week that it expects to earn between $6.10 and $6.50 per share in 2004, reflecting falling premium growth in property catastrophe business against moderating growth in specialty reinsurance and individual risk.
08 December 2003
Atrium increases Katrina loss estimates
Atrium Underwriting plc has increased the loss estimates from Hurricane Katrina on its two syndicates from £42.7mn to £52.7mn. The majority of the increase occurred on Syndicate 609 which climbed from £32.8mn to £42.6mn.
24 October 2005
Net income rises at SCOR
French reinsurer SCOR today (16 May) reported a 61 percent rise in its first quarter income to EUR53mn from EUR33mn in the prior-year period.
16 May 2006
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