News
Ace trumps with second quarter results
Bermuda-based (re)insurer Ace built on its good start to the year with a record $371m quarterly profi...
S&P cuts Swiss Re rating
Reinsurance giant Swiss Re has had its financial strength and counterparty credit ratings lowered by ...
Converium produces big profit surge
Swiss reinsurer Converium said that growth in specialty lines and standard property and casualty (P&C...
Allied triples first-half profit
Bermudian (re)insurer Allied World Assurance Holdings nearly tripled its first-half net profit to $12...
SalvageSale set to announce new claims alliance
Online salvage marketplace SalvageSale has revealed that it will announce a new strategic global alli...
London market agrees new General Underwriters' Agreement.
The London market has agreed a new General Underwriters' Agreement for use in political risks busine...
Safety drive.
With proposed legislation on corporate manslaughter on the horizon, bus and coach operators can expect personal injury and liability claims against them to rise. Tim Brangwyn warns firms to tighten up their risk management and insurance precautions in…
A small fortune.
Rising liability premiums are having a drastic impact on the livelihoods of small businesses. However, insurers argue SMEs are being treated fairly. David Fanning asks if enough is being done to ease the fundamental problems surrounding this sector.
Larry Silverstein back in court.
World Trade Center leasholder Larry Silverstein was back in court this week before the US Federal Ap...
Tele-underwriting can reduce costs.
Tele-underwriting can substantially reduce costs for disability and health insurance, according to a...
A premium location.
It may not be noted for its beauty, but it has certainly caught the eye of many insurance companies - Lynn Rouse finds out what makes Croydon so attractive as a business centre.
Standard & Poor's maintains Gerling rating.
Rating agency Standard & Poor's has maintained struggling insurer Gerling's BB+ under review financi...
Stirling Cooke in adminstration after Sphere Drake verdict.
Lloyd's broker Stirling Cooke Brown has appointed Paul Evans and Dan Schwarzmann of Pricewaterhouse ...
FSA sets broker compliance deadline
The Financial Services Authority has warned brokers that it can only guarantee they will be authori...
GAB head insists that loss adjusting will not be sidelined.
GAB Robins has affirmed its commitment to loss adjusting in the UK following a reorganisation of its...
FSA publishes results of review.
The Financial Services Authority has published the results of a review undertaken to assess how firm...
Equitas: Senate has sunk liability fund.
Equitas, the company established by Lloyd's to reinsure and run-off Lloyd's pre-1993 liabilities, has...
Appointment at CTC Services.
CTC Services has appointed Paul Handy to the non-marine division. Mr Handy is an experienced propert...
Appointment at Commitments Protection.
Commitments Protection, a market leader in payment protection insurance, has appointed Philip Watson...
Appointment at Combined Benefit Services.
Combined Benefit Services has appointed three senior employees. Joe Langrell has been appointed UK a...
Lloyd's aims for China break.
Lloyd's of London chairman Lord Levene met with the Chinese Prime Minister this week in a bid to gai...
Appointment at Allianz Cornhill.
Allianz Cornhill Animal Health Division has appointed Fiona Pinkney as communications manager for Pe...
Tricolor salvage.
Cutting officially began on the wreckage of the vehicle carrier Tricolor this week after bad weather...
Ace targets company market.
Bermudian insurer Ace's European arm indicated this week that it might further reduce its participat...