Munich Re shrugs off 9/11 with a profit
26 March 2002
Despite the unprecedented claims burdens of 2001, Munich Re has still reported strong growth figures for 2001 – even stronger than the previous year…
26 March 2002
Despite the unprecedented claims burdens of 2001, Munich Re has still reported strong growth figures for 2001 – even stronger than the previous year…
19 March 2002
Swiss Re says insurance and reinsurance rates rose significantly during the January renewal period…
19 March 2002
While the British and German governments are pushing for airlines to continue negotiating with insurers on terrorism coverage, the US looks to have agreed to extend insurance support…
12 March 2002
British insurers have renewed calls for wider terrorism cover…
12 March 2002
European airlines’ plans to set up a risk retention group to fund cover against war and terror-related risks have foundered…
12 March 2002
The insurers of now-failed European airline Swissair were celebrating last week after a New York judge barred punitive damages being paid out to settle 20 civil lawsuits…
12 March 2002
Legendary investment guru Warren Buffett says the war on terrorism will probably never be won, which will have an effect on the global insurance industry…
05 March 2002
There were surprises all round last week when British insurance giant CGNU announced it would change its name to the palindromic Aviva…
05 March 2002
Usually a company changes its name because of a badly needed corporate makeover…
05 March 2002
Giant American insurer AIG hasn’t been slow in trying to block a move by US airlines to set up their own risk retention group…
05 March 2002
Do the higher price of insurance and difficulties in obtaining it hurt a national economy…
05 March 2002
The collapse of US energy giant Enron is likely to submerge insurers in a series of long and bitter court cases…
05 March 2002
Royal & SunAlliance has little to smile about after posting a $30 million loss for 2001…
05 March 2002
Swiss Re has posted a 2001 loss of about $29 million, mainly thanks to the continually rising estimates associated with the September 11 terrorist attacks…
26 February 2002
It doesn’t take much to get tongues wagging about the future plans of AIG’s 76-year-old Chairman Maurice Greenberg…
26 February 2002
Meanwhile, back in Bermuda, Jacques Blondeau, Chairman of French reinsurance giant Scor, told the conference that insurers must “face reality” in the current market…
26 February 2002
And a piece of news to raise eyebrows in Australia…
19 February 2002
Oil spilling on to a New Zealand beach from a grounded ship has brought to a head a call by the Insurance Council of NZ for compulsory insurance for all ships visiting the country…
19 February 2002
Lloyd’s is looking a lot more confident about meeting its massive claims following the September 11 disaster…
19 February 2002
US airlines are following the example of their British counterparts and investigating the formation of their own insurance operation…