IUMI supports action on cargo liquefaction risk

IUMI has backed calls from the International Association of Dry Cargo Shipowners, (Intercargo) for action to tackle the dangers posed by the liquefaction of cargo.

Lessons need to be learned says reinsurer

Munich Re’s head of global reinsurance has urged the market to learn the lessons of the past year the most expensive ever in terms of cat losses.

Amlin in cat bond placement

Amlin has announced that it has acquired coverage for US hurricane, US earthquake and European windstorm perils of up to US$150 million from Bermudian special purpose insurer, Tramline Re Limited, which in turn is placing a catastrophe bond for this amount into the capital markets.

Premiums are falling foul of poor risk analysis

Research has found that the majority of risk and underwriting professionals believe premiums for commercial clients are likely to be wrong due to the way risk analysis reports are being compiled.

Cayman Islands in push to attract Reinsurer

A range of incentives is being finalised by the regulators on the Cayman Islands as part of its bid to attract reinsurance capital.

Triple threat to industry remains says economist

Swiss Re’s Chief Economist has outlined the challenges the industry faces from the global economy as the reinsurer published its annual economic outlook.
 

Argenta announce closure of managed Asian syndicate

Singapore-based Lloyd’s Syndicate 1965 has become the latest victim of the regions catastrophe strewn year as it announced that it will no longer be accepting new business. 

Swiss Re to delist next month

Reinsurer Swiss Re has announced the dates for its delisting and the squeeze-out of outstanding shares in Swiss Reinsurance Company Ltd...
 

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