News
Goshawk reaches GIO settlement.
Lloyd's insurer Goshawk has avoided a lengthy legal battle with failed Australian reinsurer GIO, aft...
Moving on.
One of the effects of the World Trade Center attacks was a flurry of activity surrounding the implementation of effective risk management strategies, as companies reassessed their insurance requirements. John Burbedge explains.
Tough lessons to learn.
Howard Pearson reflects on the human tragedy of 11 September, but is also acutely aware of the tough lessons the industry has had to learn in the 12 months following the US attacks.
Alexander Forbes to implement reserve management software.
Broker Alexander Forbes is to implement reserve management software, enabling it to apportion IT cos...
Appointment at Wellington Underwriting Agencies.
David Gittings, the inaugural senior adviser on insurance regulation at the Financial Services Autho...
Capita Insurance Services appoints Rainbow International.
Capita Insurance Services has appointed Rainbow International as its preferred provider of disaster ...
Legal & General to raise £786m.
Legal & General Group plans to raise £786m through a rights issue, insisting it is to fund growth no...
Royal & Sun Alliance team launches online forum.
Royal & Sun Alliance's London & Specialist Businesses team has launched an online forum to debate th...
What the papers said this week.
THE SUNDAY TIMES A shipment of some of the world's finest wines - including a bottle worth £1700 ...
Allianz Marine & Aviation and Cox insurance reach agreement.
Allianz Marine & Aviation and Cox Insurance have reached an agreement concerning the continuation of...
Groupama customer services director to leave.
Jacci Taylor, claims and customer services director, Groupama, is to leave the company for personal ...
Through the internet maze with Richard Griffiths.
With a web address like this, it would be very easy to litter this review with thinly-veiled referen...
Success fees slashed in ruling.
Insurers have been saved millions of pounds by a surprise Court of Appeal ruling that has reduced th...
Casualty rates not property expected to climb.
Reinsurance rates are more likely to increase in casualty lines than for property cover at 1 January...
Northern trio to form powerhouse.
Three major independent brokers are set to merge in a move that will create a new Yorkshire-based com...
CMCs root of rising fraud cases.
Is Patrick Allan (Stop CFA technical challenges, Post Magazine, 5 September, p15) seriously suggesti...
SecureDirect Insurance Services to convert branches.
Midlands broker network SecureDirect Insurance Services is to convert branches trading as OBC Insura...
Lloyd's predicted to quit reinsurance.
Lloyd's will revert to being a specialist insurer and cease to write most lines of reinsurance, Dirk...
Going public with liability.
With the current debate on professional liability, some may consider the launch of a company focusing on such risks foolhardy. Chief executive of the new venture Andreas Loucaides, explains all to Marcus Alcock.
Broker Network makes a push into commercial.
The Yorkshire-based Broker Network has signalled its intention to write more commercial policies, fo...
Casenet begins London push.
Claims management software provider Casenet is opening new City of London offices and has appointed ...
A change in perspective.
The financial losses experienced after the World Trade Center attacks were enormous but it was the loss of life that was most shocking. Grover Davis says this has reinforced a team ethic within the industry.
Inreon aims high with liability expansion.
Electronic reinsurance trading platform Inreon has stated its aim to become the Microsoft of the rei...
A matter of definition.
The 11 September attacks moved terrorism on to another level and the industry has been struggling to revise the terms of terrorism since. Tim Hardy explains.