News
Icao's aviation mutual tries again for approval
The promoters of a proposal that the International Civil Aviation Organisation (Icao) set up an avi...
Rebriefs - Appointment at Crispin Speers & Partners
Crispin Speers & Partners, the Lloyd's (re)insurance broker, is moving into life (re)insurance brok...
Ways to ensure smooth running
With perhaps $400bn of (re)insurance business in run-off worldwide, the expertise required to manage run-offs successfully is finally being recognised. About time too, says Tony McMahon.
Weak demand harms terrorism insurers
Low demand for terrorism cover has killed off a new worldwide terrorism insurer, Special Risk Insur...
Besieged Fortress
The collapse of Fortress Re and subsequent litigation has put the spotlight on financial reinsurance. Peter Chaffetz and Steven Schwartz unravel the details.
Reweb - First seen on the Reinsurance website
Troubled Bermudian (re)insurer Trenwick was given six months from the end of February for the averag...
QBE predicts profit surge
Australian (re)insurance group QBE said that it expected to increase its post-tax profit by 50% thi...
Situation is serious but not critical
As President Bush himself speaks out on escalating US medical malpractice awards, Mike Cavanaugh says a mix of responses is needed to the crisis.
Rebriefs - Axis Capital files plan
Axis Capital filed a plan with the US Securities and Exchange Commission last month to sell up to $...
Truth stops avoidance
A recent House of Lords ruling is likely to result in greater use of truth of statement clauses to restrict avoidance of (re)insurance contracts, says John Butler.
German terrorism insurer stays in business
The reinsurer shareholders of the German terrorism insurance pool Extremus have decided to continue b...
Swiss Re opens Tokyo branch
Swiss Re has founded a licensed securities branch in Tokyo, Swiss Re Capital Markets (Japan), which w...
Imagine cancels rebranding plans
Bermuda-based reinsurer Imagine Group has ditched plans to rename itself Vision Re. The group first a...
German court backs Gerling reinsurance sale
A Frankfurt court has found that the German financial regulator has no right to block the proposed sa...
Helpline says winter trading continues strongly
Accident management specialist Helphire said this week that winter trading has continued strongly, ...
Appointment at Markerstudy Group
Markerstudy Group has recruited Simon Clayton as chief executive of the recently-acquired ASA Insur...
Fraud-spotting
Insurance fraud is a fact of life and one that insurers cannot afford to ignore if they want to protect their bottom line. However, it is vital that claims handlers are trained how to spot the fraudsters without ruffling the feathers of genuine claimants…
"Polluter pays" must prevail in liability debate
Common sense is not always something Post Magazine feels the Association of British Insurers, or sh...
Appointment at Forbes
Forbes, the North-west-based law firm, has made three new appointments to its defendant insurer tea...
Good mileage?
Insurers are driving back the boundaries when it comes to non-standard motor, but how far will they go on-screen to provide a competitive quote? Simon Threadgold pulls up to the bumper of this challenging sector and finds out how the incomers are faring.
HR discussion gets personnel.
PM's recent human resources round table, in association with IBM, threw up some interesting issues - most notably those of relocating call centres overseas and the current skills shortage. Jonathan Swift reports.
TT Club rules out demutualisation
The TT Club, the transport insurer covering 70% of the world's container fleet, has ruled out demut...
Housing benefit can be off-set against PI loss of earnings claims
Clenshaw v Tanner and others (2002) is an important case for defendants' in personal injury actions...
Liberty Syndicates reports profit of 1%
Lloyd's managing agency Liberty Syndicates has reported a profit of 1% on capacity of £112.5m for S...