All Global Reinsurance articles in December 2007
View all stories from this issue.
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Features
Preventing a washout
Recent events have driven flooding up the political and risk management agenda. Dr Justin Butler examines what insurers and reinsurers can do to address the issue.
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Features
Preparing for the worst
New strains of bird flu could infect a billion people within weeks and the impact of this on business will depend on preparations that should already be underway, explains James O’Brien.
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Country Analysis
Scandinavia - Northern Lights
Although comparatively small, the Scandinavian countries are a mature and vital part of the European insurance landscape. Nick Thorpe investigates.
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Features
The year in headlines
Helen Yates takes a look back at the top news stories from 2007. All these stories were broken first on www.globalreinsurance.com.
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Analysis
Grinnell Mutual - Little reinsurer on the prairie
This tiny little-known US reinsurer is the Berkshire Hathaway of its sector. Ronald Gift Mullins introduces Grinnell Mutual – the wholesome reinsurance giant for US farm mutuals.
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Industry Matters
Open future
Dr Maria Marques looks at the implications of an open Brazilian market.
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GR Focus
GR Focus - Fragile world
Climate change is rising up the insurance agenda but so far the industry has lacked a holistic approach to the risks it poses. Inaction will be extremely expensive, warn Keith Leung and Ed Messer.
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Features
GR Survey: Emerging risks
From flu pandemics and terrorist attacks to dramatic fluctuations in global weather patterns, today’s organisations face a new breed of risks. Nathan Skinner presents the results from our most extensive survey yet.
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Editor's Note
Editor's Note
The London versus Bermuda debate has been reignited by Hardy Group’s decision to follow fellow Lloyd’s insurers Hiscox, Omega and Kiln to the low tax domicile.
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Features
A year of living dangerously
In 2007, cedants on both sides of the Atlantic were reminded that follow-the-settlements/fortunes clauses do not guarantee recovery from reinsurers. Ian McKenna and Sarra Zemmel review some of the major legal battles.
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Industry Matters
Taming the cycle
Mark Hewett argues that taming the reinsurance cycle is more feasible now than ever before.
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Features
Smashing open contingent commissions
Eliot Spitzer, Neelie Kroes and now Connecticut AG Richard Blumenthal have made life less than easy for brokers. Nick Thorpe examines what their investigations mean for the industry and asks how brokers will be paid in the future.
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Features
Devil’s breath
Wildfires that raged across California in October could cost the insurance industry more than $1.5bn. These blazes can no longer be considered rare, warns Tomas Girnius.
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Industry Matters
Crystal ball
Steve Breen looks ahead to 2008 and shares his predictions on sidecars, derivatives and subprime.
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Industry Matters
Change in the air
The latest plans to reform the UK’s century-old insurance law must succeed where others have failed, says Kip Berkeley-Herring.