News
PartnerRe boosts profit.
PartnerRe of Bermuda more than quadrupled its first quarter profit to $96m from $23m in the first qu...
Benfield Greig wins Blanch.
Around 94% of the shareholders of the US-based reinsurance broker EW Blanch had accepted the $179m t...
Results in brief - Markel
Markel of the US reduced its combined ratio to 106% in the first quarter of this year, down from 114%...
NU continues to quit niche markets.
Norwich Union has continued to streamline its general insurance business by withdrawing from the eque...
Saltzman ousted.
UK insurer The Prudential has parted company with its US head Bob Saltzman. The moves comes less tha...
Cover with bite.
Several recent launches have made cash plans top of the chops, and while some believed the new policies would sink their teeth into the rival competition coming from dental plans, this has not been the case, with the latter appearing to be biting back,…
Jersey initiative kept direct writers at bay.
One of the main reasons for the forecast 25% hike in motor insurance premiums is the 1.5 million uni...
Insur-e: high street claim.
Rival insurance software providers have dismissed claims by insure-com that a quarter of high-street...
VSIB extends its code of practice.
The renamed Vehicle Systems Installation Board officially launched its extended code of practice thi...
Misys courts buyers.
Software giant Misys is currently in talks with five well-known financial sector companies over the ...
Insurers fail on e-risks.
The insurance industry has failed to respond to the need for products covering e-risks, the growing ...
PMI: good health.
A survey of private medical insurance by healthcare and community consultancy Laing and Buisson has ...
Insuring children a better future.
On Friday 22 June, Barnardo's is holding the first charity insurance day to help children affected b...
Subsidence focus.
Post Magazine's first technical masterclass looked at the problems of investigating and reserving for...
easyclaims.com denies market exit.
Internet-based personal injury specialist easyclaims.com has denied it is considering pulling out of...
Technical hitch.
Last week's Post Magazine round table highlighted some important issues, claims Theo Duchen, particularly relating to the problems generated by the use of technology in the troubled commercial lines sector.
Strategic focus points to good future for brokers.
I enjoyed reading the article "High-flying Specialists" (see below), because I believe there are terr...
Bachmann joins NU.
Dublin-based Norwich Union International is looking to enter new markets and sell a broader range of...
Fortis records loss.
Belgian-Dutch insurer Fortis has recorded a 5% fall in profits for the first three months of this ye...
Allianz profits rise.
German insurer Allianz, reporting its first quarter profits for the first time, said premium income ...
NU panel beaters.
The announcement last week of the winners and losers, following insurer Norwich Union's loss adjust...
Home rule.
The Homes Bill's progress through Parliament has been disrupted by the election, but Labour has made it clear it intends to reintroduce legislation to speed up house buying if it is re-elected today. Liability insurers face the prospect of more and…
Hannover on the up.
German group Hannover Re increased its net profit in 2000 by 81% to £293m, thanks largely to a cut i...
Friends Provident votes to float
Members of mutual life insurer Friends Provident voted 97% in favour of floating the company on the s...