FacWorld Report - September 2000

Welcome to the September edition of the FacWorld Report.

We would like to begin by thanking everyone for their feedback on the first issue, all suggestions have been positive and we hope the publication can go from strength to strength. FacWorld is striving to be a complete Online Reinsurance experience for GeneralCologne Re's clients - a place to come for Submissions and Information, we request and welcome your feedback.

This month's Report has a truly Global view. We are happy to introduce articles on the Global Semiconductor market and the Asian Liability Environment. We also present an eye opening table detailing tobacco litigation outside of the USA and an e-commerce review, questioning whether it is possible and desirable to add value online. Please visit our Discussion Forum to initiate and contribute to debate on the articles below.

We have pleasure in introducing you to GeneralCologne Re's Semiconductor Network. This Network is comprised of Property Fac Underwriters from all the major Semiconductor markets - San Francisco (Peter Hakenen), Asia (Peter Grace), London (Claire Smith), Cologne (Wolfgang Moll and Adrian Clements), Hong Kong (Stephen Chu) and Tokyo (Joji Kawamoto) - They bring specialist knowledge of the class and their markets to bear in the attached article which reviews the Global Market.
Please click here for Article.

GeneralCologne Re has a developing presence in the Asian market. Throughout the year they have produced various surveys of losses and market developments. We are delighted to showcase some of their work here, with a review of recent significant Liability losses. This review highlights the dynamic and quantum of liability claims. For further information please contact your local GeneralCologne Re Underwriter, or e-mail us here at the FacWorld Report.
Please click here for Article.

Tobacco Litigation has been one of the hot topics in the USA, legally, politically and has held major interest for the Insurance Industry. Although action in the United States has been well documented, less attention has been paid to individual and class action suits in the rest of the world. The attached article presents a case by case summary of this litigious activity and provides an excellent reference point.
Please click here for Article.

Christopher Henson is a Vice President of GeneralCologne Re and works for the Portfolio Department in Stamford, CT. Christopher has been an educated and articulate observer of the development of e-commerce for a number of years. The attached article is especially pertinent for FacWorld and its' development, investigating as it does, the need to add value on the internet.
Please click here for Article.