Claims
Swiss Re FY net income tumbles on nearly 6bn CHF of investment losses
Swiss Re, the Swiss (re)insurer, fell to a full-year net loss of 864m CHF from 4.2bn CHF in 2007, driven by heavy investment losses.
Commentary - Personal injury cases underline forensic prejudice importance
Section 11 of the Limitation Act 1980 provides a three-year time limit for actions involving perso...
Recovery position
Legal Update: Loss adjuster fees
MoJ reforms raise issues for brokers
Insurers need to engage and educate brokers on the proposed Ministry of Justice personal injury refo...
HSE fine appeal success offers hope
R v Tulip Limited (Court of Appeal - 20 November 2008)
XL to cut staff globally
Bermuda insurance giant XL Capital has said it will cut its global workforce by 10% to cope with the...
Jobs with high injury risk pose greater issues for employers
R v Chargot Ltd (t/a Contract Services) and others (House of Lords - 10 December 2008)
Broker only insurers feel the heat in CHO debate
The practice among brokers of taking referral fees in the credit hire industry sparked criticism for...
Recovery position
Legal Update: Loss adjuster fees
XL to cut staff globally
Bermuda insurance giant XL Capital has said it will cut its global workforce by 10% to cope with the...
Commentary - Personal injury cases underline forensic prejudice importance
Section 11 of the Limitation Act 1980 provides a three-year time limit for actions involving persona...
Jobs with high injury risk pose greater issues for employers
R v Chargot Ltd (t/a Contract Services) and others (House of Lords - 10 December 2008)
MoJ reforms raise issues for brokers
Insurers need to engage and educate brokers on the proposed Ministry of Justice personal injury refo...
Broker only insurers feel the heat in CHO debate
The practice among brokers of taking referral fees in the credit hire industry sparked criticism for...
Fire and brimstone
Commercial Property: Fire risks
Prudential said to be eyeing AIG's assets - report
Stories in the UK press have re-emerged that UK life insurer Prudential may be eyeing the Asian assets of stricken US insurer AIG.
PB Week: What can we learn from Scolari's sacking, if anything?
Roman Abramovich's decision to sack Chelsea's manager Phil Scolari after the transfer window reflects the growing impatience for success in football writes Andrew Tjaardstra, editor of Professional Broking , the management magazine for insurance brokers.
Argo FY net income more than halves
Bermudian (re)insurer Argo said its full year net income figure more than halved because of hurricanes and investment losses.
Argo FY net income more than halves
Argo said its full year net income figure more than halved because of hurricanes and investment losses.
Endurance net income tumbles on hurricanes and investment losses
Endurance, the Bermudian (re)insurer said that fourth quarter net income fell to $16.9m from $152.5m in the same period last year. For the year ended December 31, 2008, net income was $98.6m, down $521.1m in 2007.
AM Best downgrades Fuji Fire & Marine
AM Best has downgraded the financial strength rating (FSR) to B++ (Good) from A- (Excellent) and the issuer credit rating (ICR) to "bbb+" from "a-" of The Fuji Fire & Marine Insurance Company, Limited (Fuji Fire) (Japan). The ratings have been placed…
Beazley raises capital, makes acquisition
Beazley became the latest Lloyd's (re)insurer to raise capital when it proposed to raise £150m from the markets.
Unum announces new improvements to group IP products
Unum has introduced a range of improvements to its group income protection (IP) products. The changes cover both policy conditions and pricing and are designed to help policyholders manage their costs at the same time as extending the appeal of the…
Catlin FY profits drop over $500m
Catlin reported a full-year drop in profit $500m, after investment and catastrophe losses hammered profits at the Lloyd's (re)insurer.