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International

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…

US extends airline terrorism coverage

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…

Swissair beats US lawsuits

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…

Terror here to stay, says Buffett

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…

THAT new name draws praise . . .

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…

And a top result, too

05 March 2002

Usually a company changes its name because of a badly needed corporate makeover…

Things are not as they seem

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…

Spill leads to compulsory cover demand

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…