News
Liberty Syndicates expecting best result.
Lloyd's insurer Liberty Syndicates is expecting the best result in the market for 1999, with its mar...
There is more to being customer-focused than meets the IT.
Practically all organisations are desperate to see themselves as customer-focused, and will go to an...
Gerling Global Re in US restructures
Gerling Global Re Corporation of America (GGRCA) has restructured its operations as part of its previ...
Lloyd's reports annual loss of £3.11bn
Lloyd's has reported a loss of £3.11bn ($4.45bn) for 2001, compared with a loss of £1.2bn in 2000. ...
Fourth Professional Broking
Fourth Professional broking article. gee....
LMP2001 boosted by launch of Xchanging's on-line repository
Business services contractor Xchanging has launched its London Market Repository (LMR), which allows ...
Moody's increases Lloyd's loss estimates
Rating company Moody's has forecast that Lloyd's would make a £2.2bn ($3.2bn) loss in the 2000 year o...
Swiss Re slips into loss in 2001
The reinsurance giant Swiss Re made a net loss after tax of SFr 165m ($99m) in 2001, compared with a ...
Terrorism reinsurance still scarce in US
US state insurance regulators have renewed their warning that there is still no readily available rei...
Arch Capital gets $179m to invest in (re)insurance
The Bermudian financial services company Arch Capital has made a net $179m from the public sale of 7....
Founder Clements leaves XL
Robert Clements, one of the founders of Bermudian (re)insurer XL Capital, has left the board of the c...
Gaviota Re ratings withdrawn
Luxembourg-based reinsurer Gaviota Re has requested that rating agency Standard & Poor (S&P) withdraw...
PXRe rating no longer on Creditwatch after capital injection
Rating agency Standard & Poor's has removed the Bermudian reinsurer PXRe from Creditwatch and maintai...
PXRe gets $150m of new capital
Three investors have put $150m into the Bermudian reinsurer PXRe, raising its capital to more than $5...
EU directive key to single market.
The European Federation of Insurance Intermediaries, BIPAR, this week welcomed the Council of Minist...
American Re executes management shake-up.
American Re has made sweeping changes to its senior management following its decision to transfer mo...
Appointment at MMA Insurance.
Broker-only insurer MMA Insurance has taken on Martin Smith in the newly-created position of complia...
RSA aims for top position.
Royal & Sun Alliance's new UK chief executive Duncan Boyle intends to make the company in country's ...
Optimum closes for new business.
Canadian insurer Optimum General is to cease writing new insurance business in the Atlantic region a...
Claims Direct seeks ATE insurer panel.
Personal injury intermediary Claims Direct has confirmed it is looking for a second and possibly thir...
ABI publishes research on stakeholder pensions.
Mary Francis, director general of the Association of British Insurers, this week said stakeholder pe...
RSA sets its sights on twenty brokers by 2005.
Royal & Sun Alliance could take stakes in up to eight independent brokers by the end of the year, an...
Relief for liability insurers as McDonald's wins hot tea court case.
Liability insurers breathed a sigh of relief last week, when fast food giant McDonald's won a High C...
Call for action.
The surge in personal lines fraud is proving to be a huge drain on insurers' coffers but there are a myriad of measures that companies can take to combat this crime wave - and not before time. Andrew Cox reports.