Commercial
No syndicate safe from WTC fallout.
Several Lloyd's syndicates with no direct exposure to the US terrorist attacks could face significant...
Welcome to the e-revolution.
Despite some early casualties, the new wave of online intermediaries is taking the market by storm. The e-revolution has refined the online application process, so website visitors no longer need get caught up in the revolving door of some companies'…
Insurer opens in Aberdeen.
Axa has formally opened its 20th commercial business branch in Aberdeen, a city which used to boost ...
Zurich: new MD.
Zurich Professional has appointed a new managing director, following the resignation of Elizabeth Mu...
Onwards & upwards.
Lloyd's.com was launched without fanfare earlier this year. Despite its inauspicious beginnings, Max Carter, its commercial director, has high hopes for the role it will play in keeping the market at the forefront of technological developments. Edward…
Laws & effects.
In the wake of the US terrorist attacks, Steve Reynolds and Bernie Heinze look at legal precedents and how they could impact on the unravelling of claims in the longer term.
FG Watts Networks.
FG Watts & Partners has become the latest broker to sign up to the Broker Network. Senior partner at...
Fitch: Lloyd's has underestimated losses
Rating agency Fitch believes Lloyd's have underestimated its losses from the American terrorist attac...
Circuit-breakers.
Online trading is beginning to come into its own, however, says Paul Cheal, the industry must embrace e-commerce fully to ensure it remains a viable way of doing business. Those that do not, risk stopping the system in its tracks.
NU plots NHS tie-up.
Norwich Union Healthcare has published embryonic plans to transform the provision of healthcare in t...
AIG offers aviation cover
American International Group (AIG) is to lead a consortium to offer aviation war risk and hijacking l...
Hiscox expects £20m hit
Hiscox said it expected the World Trade Center tragedy to cost £20m when it unveiled its interim resu...
Asian market is looking up.
Jeremy Golden advises (re)insurers to look carefully into the opportunities that are materialising in Asia's healthcare markets.
Money in the bank.
Banks may traditionally have been seen as the enemy, but reinsurers are finding that links with them can prove lucrative. David Fanning looks at some effective marketing alliances.
Combine covers to cut economic risk.
Swiss Re's Daniel Keller and Radomir Hajker demonstrate how integrated risk management (IRM) solutions can help insurance companies to manage both their financial and their underwriting risks.
Life losses bearable.
Last month's terrorist attacks will have a "significant impact" on the life and health (re)insurance...
XL to take control of Le Mans Re.
XL Capital of Bermuda is likely to take a 67% controlling interest in Le Mans Re, which XL formed wi...
Brit outlines profit and loss
Brit Insurance Holdings has recorded a pre-tax profit for the first half of this year and reconfirmed...
Axa moves into Aberdeen
Axa has opened a new commercial business branch in Aberdeen. The branch will concentrate on small to ...
Lloyd's WTC liability revealed
Lloyd's is liable for $683m of the $3.55bn property and business interuption programme for the World ...
CD sets aside £5m.
Personal injury specialist Claims Direct has set aside £5m to compensate 19,000 customers who took o...
Climate Change conference.
Post Magazine's Climate Change conference was promoted in conjunction with the Society of Fellows, w...
MMT goes for Gold.
London-based solutions company MMT Computing has become a member of the Microsoft Gold Certified Par...
Insurers deny Helphire claim.
Credit hire company Help-hire this week said it had been given the green light to collect an estimate...