News
Appointment at TCA Consulting.
IT consultancy to the financial services sector TCA Consulting has appointed three new directors. Ba...
Appointment at Iron Trades.
Nick Martens has been appointed as a risk consultant at Iron Trades Insurance Company, part of the Q...
Axa has signed a deal with Towergate Leisure Underwriting.
Axa has signed a deal with Towergate Leisure Underwriting to underwrite its Golf Umbrella, Caddysure...
Norwich Union has teamed up with Age Concern.
Norwich Union has teamed up with Age Concern to launch Future Assured, a new long-term care plan, to...
Art attack.
The owners of the Atlantis Gallery in East London stepped up security last week after two attacks ag...
Increasing cost of asbestos-related legal settlements.
The increasing cost of asbestos-related legal settlements have become more of a factor in the credit...
A new offence of "insurance fraud" should be introduced.
A new offence of "insurance fraud" should be introduced, according to the Irish Insurance Federation...
Appointment at Schroders.
Schroders has taken on Steven Wood as global head of trading. Mr Wood, who will take up his position...
Finding the cracks in subsidence claims.
In some situations, solicitors will be asked to pursue recoveries if a subsidence claim is dragging out. The success or failure of this will depend on the co-operation of the policyholder. Keith Gaston explains why.
Back in business.
Following last year's terrorist attacks and the unexpected demise of Independent Insurance business continuity is again a hot topic, and the implementation of effective disaster recovery strategies is more important than ever, claims Helen Da Silva.
Changing with the times.
Michelle Childs, one of the speakers at the Chartered Insurance Institute's Society of Fellows' inaugural Breakthrough lecture, revisits her theme and warns more must be done to match financial services policies to changes in society.
Road collision judgement stands on negligence.
Annona Maria James v Stuart Fairley. (Court of Appeal - 21 February 2002)
WR Berkley groups adds to the capital of its reinsurance business.
The US-based WR Berkley group added £35m to the capital of its reinsurance business Berkley Insuranc...
Arch Capital sets share offering price
The Bermudian insurance and financial services company Arch Capital is to sell a previously-anounced ...
Insurers create terror risk carrier
Six of the world's largest (re)insurers have created a company to write European property terrorism c...
New (re)insurer Axis gets $400m of credit
New Bermudian (re)insurer Axis Specialty has agreed $400m of revolving credit with a syndicate of len...
Scor sells stake in Coface to NBP
French reinsurer Scor has sold its 35.26% stake in credit insurer Coface to Natexis Banques Populaire...
Hannover Re securitises cat risk
German reinsurer Hannover Re has completed its so-called 'K3' transaction to securitise catastrophe ...
Moody's confirms syndicate 2020 rating
Rating agency Moody's has confirmed its 'A1' (good) insurance financial strength rating of Lloyd's sy...
UK unwilling to expand Pool Re.
The UK government has told the British insurance sector and business at large that they must prove a...
Ace and XL Capital establish a chair.
Bermudian groups Ace and XL Capital have put up $3m to establish a chair in risk management and insu...
Rule Britannia.
The Commercial Court recently held that the English courts had the right to rule on three actions disputing bodily injury claims. John Butler examines its conclusions.
Offshore aims.
Reinsurers in Hong Kong's highly competitive and saturated market should look offshore for growth, says Clarence Wong.
Airline terror cover stays up in the air.
Uncertainty surrounded the future of aviation (re)insurance as Reinsurance went to press, with many ...