News
View from the US - the Enron fallout.
The fallout from the collapse of energy giant Enron and the problems of its auditors Arthur Andersen...
A question of damages.
Last week, the government confirmed its intention to move away from lump-sum damages for personal injury. Lord Hunt warns it must ensure certainty for insurers in any new system, or risk imposing a system worse than that which presently exists.
BIBA is end of the road for AIIB.
The Association of Insurance Intermediaries and Brokers will cease to exist from 12 April, following...
Mintel forecasts travel insurance premiums will increase.
Research agency Mintel has forecast that travel insurance premiums will increase by up to 30% by 200...
Insurance job.
The Association of British Insurers has said it is not likely to "get hot under the collar" over a c...
Fortis plans to widen scope after profits rise.
Fortis Insurance in the UK, which recorded a profit before tax of £32.7m in 2001, compared to £26.5m...
Jean-Marie Nessi has left the Axa Group.
Jean-Marie Nessi, chief executive of Axa Corporate Solutions, has left the Axa Group. He has been re...
Spencer to quit RSA
Paul Spencer, UK chief executive of Royal & Sun Alliance is set to quit the troubled insurer. RSA ...
E-broking scheme focused on motor.
Norwich Union, the UK's biggest general insurer, is set to expand its online offering for brokers wi...
Allianz Cornhill records increase in operating profits.
Allianz Cornhill recorded an increase in operating profit, before tax, to £59.3m in 2001, compared w...
QBE chief supports liability payouts cap.
QBE chief executive Frank O'Halloran has thrown his support behind growing calls to cap public liabi...
CTC cites negative impact of 11 September on specialist services.
Charles Taylor Consulting has said it expects its specialist adjusting services to be negatively imp...
GAB moves to quash rumours of a sell-off.
GAB Robins' president and chief executive Joseph Zubretsky has denied it is looking to sell all or pa...
Frivolous employment claims by employees.
Frivolous employment claims by employees are on the rise, according to research by the Engineering E...
British Touring Car Championship sponsored by Green Flag.
The 2002 season of the British Touring Car Championship will be sponsored by wholesale insurer and m...
Court of Appeal credit hire case begins.
The crucial Court of Appeal credit hire case Clark v Ardington began this week, and was scheduled to...
More CII branches to close.
Five more local branches of the Chartered Insurance Institute are being forced to close as employers...
Aquila recruits systems manager.
Surrey-based pensions and life insurance software provider Aquila has recruited Sandy McDonald as it...
German insurer Allianze working on airlines policy.
German insurer Allianz is working on a policy for airlines to cover losses on the ground resulting f...
IFA accuses Equitable Life of deception.
An independent financial adviser has joined the legal fray against Equitable Life by forming another...
The number of new permanent job vacancies has increased.
The number of new permanent job vacancies registered within the insurance sector in the South-east i...
Penny Black's insurance week.
Penny has had a busy week, hobnobbing around the capital, flitting along with the rest of the indust...
New heads for RSA adjusting.
Royal & Sun Alliance has appointed Pat White and Vic Noble to management positions within its newly-...
US Senate votes to extend a federal law.
The US Senate has voted to extend a federal law providing nuclear power plant operators with liabili...