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There are 68,806 results that match your search.68,806 results
  • Scrapping collateralisation will impact cedants’ capital requirements
    US cedants will have to increase their capital requirements if Europe’s reinsurance industry gets its way and has the controversial collateralisation requirements abolished. The US’ reinsurance collateral system was again the subject of debate last...
    27 February 2006
  • PXRE facing mission impossible
    Further downgrades and widening losses as woes mount for reinsurer. The future for PXRE looks bleak, as the troubled reinsurer saw its ratings sink further down the scale after reporting fourth quarter 2005 net losses of $447mn on the back of...
    27 February 2006
  • Montgomery leaves DLA
    Specialist insurance lawyer Nigel Montgomery is leaving DLA Piper Rudnick to head up a new team at US law firm Sidley Austin’s London office. Montgomery has a background in insurance restructuring, focusing on schemes of arrangement and business...
    27 February 2006
  • Employment law next big claims area
    Employment Practices Liability (EPL) will soon become essential for employers as the rising tide of discrimination laws and compensation awards make employment law the next big area for legal claims. That was the message from Cath Thorpe...
    27 February 2006
  • Cigna loses workers’ comp carve-out arbitration
    The legacy of the infamous workers’ compensation carve-out saga of the late nineties came back to haunt US healthcare insurer Cigna Corp last week after an adverse ruling from a London arbitration panel rule.
    27 February 2006
  • HCC grows Lloyd’s presence with Heritage stake
    US insurer HCC Insurance Holdings is set to acquire a 23.6 percent holding in Lloyd’s managing agent Heritage Underwriting. HCC – which acquired the Lloyd’s insurer Illium Insurance last year - has reached agreement to buy the stake for an undisclosed.
    27 February 2006
  • Ariel recruits execs from rivals; confident that rates will harden
    Start-up Ariel Re has continued to build its management team by recruiting from its rivals. In recent weeks the $1bn capitalised reinsurer has poached a number of senior executives, including the former ACE Asset Management Inc chief operating officer.
    27 February 2006
  • Wilma casts possible shadow over buoyant R&SA
    Results at UK insurer Royal & Sun Alliance will be analysed closely for worsening exposures to Hurricane Wilma, which tore through the US Gulf and Mexico last October. The insurer – which has seen its share price climb leap more than 50 percent to...
    27 February 2006
  • JLT disbands Risk Solutions; reveals pay freeze
    UK-listed broker Jardine Lloyd Thompson Group plc (JLT) is to undergo a radical restructure that will merge its UK Corporate Risks and JLT Risk Solutions, Insider Week can reveal. Following the merger – due to complete by the third quarter 2006...
    27 February 2006
  • Brokers go peer-to-peer with G6
    The brokers working to achieve peer-to-peer initiatives with the “gang of six” Lloyd’s underwriters have been revealed as Aon, Benfield, Willis and Marsh. The “gang of six”, or G6, is the breakaway group of powerful insurers which has combined with...
    27 February 2006
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