News
PXRe returns to profit in 2002
A near tripling of net earned premiums in its main catastrophe and risk excess business helped the Be...
IPC Re profits on higher turnover
The Bermudian property catastrophe reinsurer IPC Re has unveiled a $157.9m profit in 2002, compared w...
XL moves strongly into profit
The Bermudian (re)insurer XL Capital managed nearly a $1bn turnaround in its fortunes in 2002, with a...
PartnerRe returns to profit in 2002
Premiums written by the Bermudian reinsurer PartnerRe at the January renewals were 20% higher than it...
Endurance prices share offer
Endurance Specialty, the Bermudian property and casualty (re)insurer, plans to raise between $240m an...
Ace moves into corporate finance
The Bermudian (re)insurer Ace and the Dutch merchant bank NIB Capital have set up a specialised inves...
Fairfax ups stake in Odyssey Re
Fairfax Financial, the Canadian parent of Odyssey Re, is to increase its holding in the US reinsurer ...
Converium moves back into profit
Swiss reinsurer Converium made a $106.8m profit in 2002 following a $367.4m loss the year before. G...
Variety is the spice of life as an insurance lawyer
The role of an insurance lawyer, far from being dull, offers an extremely varied career, says Rob Hind who explains what is required from those who want to move into this sector.
Appointment at The Gale & Phillipson Group
Insurance broker The Gale & Phillipson Group has taken on Rob Hudson as a financial planning consul...
Holding the road
In a congested and competitive sector, there are still opportunities for motor insurers to ease ahead of the traffic, increasing their premiums without affecting their overall position in the marketplace. Richard Day explains how.
Construction firms achieve safety records
Last year, firms that used the government-backed Construction Best Practice service achieved safety...
Hiscox boosts regional operations
Hiscox has boosted its regional operations with three new appointments in Scotland and Birmingham. ...
Commercial provincial up 42%.
The top 250 commercial provincial brokers grew by 42% in 2002, according to the latest figures from...
Appointment at DAS
Michael English has been promoted to operations manager at Ireland's leading legal expenses insurer...
Zenith seeks new Lloyd's capacity
Managing general agent Zenith Commercial is set to transfer its business to another Lloyd's syndica...
Direct Line urges government
Direct Line this week urged the government to fully regulate insurance sales by travel agents and t...
Hall joins Quest Gates Partnership
Former Capita McLarens liability director Chris Hall is understood to have joined loss adjusting gr...
Drake Insurance given leave to appeal case
The provisional liquidator of failed motor insurer Drake Insurance, Pricewaterhouse Coopers, could ...
Preston Whiteside makes refunds after fault noted
Doncaster-based wholesale broker Preston Whiteside has admitted to accepting premiums on policies w...
The FSA publishes consultation paper
The Financial Services Authority has published consultation paper CP 169 - Professional indemnity i...
Insurers warned to 'maintain a firm stance'
Insurers have been warned to "maintain a firm stance" against rising litigation and resist the temp...
Appointment at DriveTech
Fleet manager Alison Crump has joined driver training company DriveTech (UK) as business developmen...
London Blitz comes under fire
While it was interesting to read the article about 'The second Great Fire of London', Looking Back ...