News
CFA: time for negotiations
Many insurers are blaming the no win, no fee industry for the ramping of compensation costs. Mark Langford believes it is time they came to the negotiating table.
New code of practice regarding asbestos
Workers with responsibility for the repair and maintenance of non-domestic premises have been charg...
Wildnet plans to hit US specialty
Benfield Group's technology subsidiary Wildnet is planning an assault on US specialty lines busines...
Does it pay to work in insurance?
According to a recent survey, the average salary in the insurance industry has risen slightly since last year. However, it seems women still trail the men in the payment stakes, says Mira Butterworth.
New backers for Bluesure
Multi-lines insurer Bluesure was close to announcing new backers, as PM went to press. A source...
Giles buys stake in Ward Evans
Acquisitive Scottish broker Giles is understood to have signed a deal to buy a significant stake in b...
Federation Against Software Theft launches campaign
The Federation Against Software Theft has stepped up its promotion of the legal use of software in ...
BIBA meets with DTI consultants
The British Insurance Brokers' Association met with Department of Trade and Industry-appointed cons...
NU looks to go solo on recovery
Breakdown service provider the RAC looks set to be dropped by Norwich Union, which has launched its o...
Concerns raised over 2003 profits
The European insurance industry can expect to return to profitability in 2003, though serious quest...
Penny Black's insurance week
Christmas is supposedly the season of goodwill, though perhaps someone should mention that to those...
Windsor poised for organic growth
London-based broker Windsor claims it is poised for strong organic growth in 2003, following pretax...
Market capacity for 2003 biggest in history
Lloyd's chief executive Nick Prettejohn has announced that the market's capacity for 2003 will be a...
Lloyds TSB shakes up panel
Lloyds TSB Insurance is set to make an announcement regarding its loss adjusting panel at the start...
Rates will not rocket in wake of Ariane crash
Premium rates in the satellite insurance market will remain high, but unchanged, following the deva...
Forum of Insurance Lawyers "delighted" by common ground
The Forum of Insurance Lawyers said this week it was "delighted" by the "common ground" reached by ...
Feeling the heat
Along with the liability crisis, regulation, flooding and long-tail losses, the hot topic this year has been the fall in investment returns, which has hit capacity in the market hard and seen underwriters burnt. Hugo Cranmore examines how the industry…
Life can only get better
This year saw the life balloon burst as insurers watched the huge reserves they amassed in the late 1990s disappear almost overnight in the post-11 September stock market slump. With consumer confidence flagging due to the Equitable debacle, stakeholder…
Report by Datamonitor
Direct writers, banks and insurers with no connection to the travel industry have faired better tha...
ABI submits credit hire agreement to OFT
The Association of British Insurers has submitted its third-party credit hire agreement to the Offi...
EL: government plan criticised by MPs
The Liberal Democrats have called for a thorough analysis of the existing employers' liability land...
Bain report comes under fire
Insurers have dismissed suggestions in the Bain report on the future of the fire service - that the...
US group aims to be major UK player
US specialty insurance group HCC is set to make a push into the UK market, where it hopes to raise pr...
Brokers need regulatory help
Misys Insurance Management has warned that many brokers now "need to move fast" to prepare for regula...