Reinsurance

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...The eye of the beholder

February, 2012

...The eye of the beholder delivered on 16 February 2012 by Paul Lumbis (Head of Financial Institutions Group, Panmure Gordon & Co.)

Attached files: Lumbis_final.mp3

Catastrophic losses of 2011 and the market impact

January, 2012

Catastrophic losses of 2011 and the market impact delivered on 4 January 2012 by Grahame Chilton (Chairman, Aon Benfield & Vice Chairman, Aon Group)

Attached files: Grahame_Chilton_040112.pptx

Turning risk into reward

January, 2012

Turning risk into reward delivered on 25 January 2012 by Jo Oeschlin (Chief Risk Officer, Munich Re)

Recent developments in reinsurance law

January, 2012

This fact file attempts to summarise the most important developments in English reinsurance law since 1985. Prior to this date the number of reinsurance cases reaching the English courts was tiny, as most disputes under reinsurance contracts were resolved in arbitration. It continues to be the case that arbitration is used extensively, but since 1985 the courts have faced a dramatic increase in the number of reinsurance cases coming before them, outstripping any other single form of commercial dispute.

Insurance in the single market

January, 2012

By 1994, the European Union (EU) had established an internal market for insurance as a result of its adoption two years earlier of the third Council directives on non-life and on life insurance. These completed the work of the first two directives in each field and introduced, with effect from 1 July 1994, a true "European passport" for insurance services. Although this provided the framework within which companies must work in a European context, it did not however complete the picture ...

Creating value for policy holders through reinsurance

December, 2011

Creating value for policy holders through reinsurance delivered on 1 December 2011 by Thomas Hess (Chief Economist & Head of Economic Research & Consulting, Swiss Re)

Lloyd's in the global reinsurance industry: 'Boxed in' or strategically placed?

November, 2011

Lloyd's in the global reinsurance industry: 'Boxed in' or strategically placed? delivered on 29 November 2011 by Paula Jarzabkowski (Professor of Strategic Management Aston Business School)

Kazakhstan & Central Asian insurance / reinsurance market

October, 2011

Kazakhstan & Central Asian insurance / reinsurance market delivered on 18 October 2011 by Boris Umanov (CEO, Eurasia Insurance Company)

Gard Marine & Energy Ltd v Tunnicliffe

September, 2011

Devon Energy Corporation, the Insured, is a large independent oil exploration and production company with an interest of varying percentages in a number of wells and platforms in the Gulf of Mexico. Devon suffered substantial losses following Hurricane Rita on 23 September 2005, which were settled by its insurers, including Gard Marine & Energy Limited...

Transporte Especializado Bissa SA v ING

July, 2011

Banco Santander was a client of Transporte Especializado Bissa SA (BISSA), a Mexican security company. Following an audit of BISSA's vault in Mexico City, Banco Santander claimed there was a shortfall in its funds of Mex$104m (approximately US$8.6m) and made a demand that BISSA refund this money...