News
Denyer brings in set fees for online buys.
Denyer Insurance Consultancy has abolished standard initial commission charges and replaced them wit...
KPMG launches software package.
Professional services provider KPMG has launched a software package enabling insurers to calculate t...
Gaps in cover must be filled.
Major businesses could fail and many thousands of jobs be lost in the UK if the gaps in insurance co...
View from the Top - Patrick Snowball
Patrick Snowball, chief executive, Norwich Union As scare stories about premium increases and profi...
Does the industry really want government support?
Who owns Pool Re? Who ultimately controls Pool Re? If your answer to either of these questions is ...
Draconian slur is far too broad.
I read with interest the letter Reluctance to provide training, (PM, 14 February, p10). I feel the w...
Appointment at Lexicon.
Transactional data and mailing service provider Lexicon has extended its business development team b...
Loss-making Gerling Global Re replaces chairman
Norbert Strohschen has been replaced as chairman of Gerling Global Re by Björn Jansli, as part of a r...
Connell to leave XL Capital
Bruce Connell, who set up the original Bermudian reinsurer XL Re, is to retire early from his positio...
Aon reports mixed results
Aon's overall net profit more than halved to $203m in 2001 with pre-tax losses from the World Trade C...
US extends terrorism cover for airlines
The US government has, as expected, extended the temporary third-party war and terrorism risk cover t...
Profit falls as Thai Re promises better
Thai Re's net profit in 2001 fell 12% on the year before to Bt 306m ($7.1m) although there was a 5.9%...
Churchill Group up 40%
Churchill Insurance Group, which includes direct insurer Churchill, broker-only insurer NIG, Devitt I...
Government consults on shake up of damages payments
The government is to consult on proposed changes to the way damages for future loss and care costs a...
Juul leaves Scandinavian Re
Jens Juul, founding president and chief executive of Bermudian finite reinsurer Scandinavian Re, has ...
WTC losses could cost insurers $58bn
Insured losses from the 11 September terrorist attacks on New York and Washington total $30-58bn, Swi...
Global Preferred gives top team a makeover
Global Preferred Holdings, the parent company of the Bermudian life reinsurer Global Preferred Re, ha...
Independent creditors home in on targets
Creditors of Independent Insurance are proposing to sue KPMG, Watson Wyatt, the FSA and Independent d...
Reinsurers warned of stricter regulation
(Re)insurers face more stringent regulation and demands for more reserves, according to Dennis Mahone...
Jobs on the line following management restructuring at American Re
Jobs are under threat at American Re after it announced the transfer of its international reinsurance...
Aviation broker calls for surcharge cut
The head of the London Market Insurance Brokers' Committee's aviation executive has called on insurer...
Airlines accuse insurers
At today's International Air Transport Association (IATA) aviation insurance meeting in London, Chris...
Buffett promises underwriting discipline
Underwriting discipline at Berkshire Hathaway subsidiary General Re will be tightened following anoth...
Airline terrorism cover remains in doubt
The airline industry has little idea whether it will have enough insurance to continue flying when mo...