News
Mystery bidder out.
The mystery party that made an approach for Lloyd's insurer SVB has called off talks. A spokesman fo...
Brokers may be liable after Aneco.
Brokers could face millions of pounds in liability claims, after the House of Lords ruled in favour ...
IIBRC confirmed.
The Institute of Insurance Brokers has confirmed its regulatory division, which will be known as the...
Government criticised over LTC regulations.
Insurers and analysts have criticised the government for ignoring the critical illness and income pr...
Fraud questions.
Several people have been questioned by police over allegations of fraud at the London head office of...
New policy for London market.
Ins-sure, the company formed from the merger of the Lloyd's Policy Signing Office and the London Pro...
Appointment at Premium Credit.
Cristian Jackson has joined Premium Credit's personal lines division as head of sales and developmen...
Claimants have "unrealistic expectations".
Courts should impose sanctions on claimants rejecting reasonable offers of rehabilitation, Patricia ...
St Paul hit by WTC.
Insurer St Paul has reported a heavy loss of £375m for the third quarter, as it paid out massive cla...
Flight control.
This week, the government extended its scheme to help airlines meet the cost of insurance against war and terrorism in the wake of the US attacks. Dave Matcham explains insurers' role in keeping the airlines flying.
China life homes in.
China Life is looking to grow its home market share and has deployed Sherwood International's Amarta...
Cats face turbulent times.
The property catastrophe reinsurers that have set up in Bermuda since the early 1990s have had to weather many ups and downs, says David Fanning.
Rebriefs - Fitch.
Cat bond issuance could top $2bn next year as traditional insurance becomes more expensive and less ...
Rebriefs- Swiss Re.
Swiss Re is second among insurance companies rated for their approach to environ-mental and sustaina...
Names must stump up extra £786m.
Lloyd's Names have been asked for £786m ($1.1bn) to cover expected losses in the market and to boost...
Italy suffers worst civil aviation disaster.
Italy suffered its worst civil aviation disaster on 8 October, when Scandinavian Airlines System fli...
Hart Re pulls back to US.
US (re)insurance group The Hartford has put its non-US reinsurance business - worth $150m of annual ...
Rebriefs - Aon.
Aon has signed a deal with the on-line auction service SalvageSale that will see it advise its clien...
New capital enters market.
New and existing companies are moving to capitalise on the accelerated hardening of (re)insurance ma...
Sustainable careers.
The insurance and finance consultancy Isis has one main aim - supporting a charitable foundation that the company's partners set up. Mairi Mallon reports.
Reinsurance passport' directive soon.
A draft directive to set up a 'reinsurance passport' to allow reinsurers to trade more freely around...
NAIC u-turn on Lloyd's funding
Lloyd's will have to find extra funds to lodge in its trust funds in the US following the surprise re...
Rebriefs - US Re.
In response to September's terrorist attacks, broker US Re has launched reinsurance that can be boug...
Mixed news at Lloyd's.
The Bermudian companies were among the first investors to take advantage of the opening up of Lloyd's to corporate finance, but not all have made profits, says Adrian Leonard.