News
French floods trigger cat fund.
The floods that hit south-western France last month have been officially declared a natural disaster...
Japan aims to up quake cover.
Japanese insurers are lobbying the government to help increase the take-up of domestic household ear...
Britannia's rules.
UK LEGAL REVIEW [ QQ As the new millennium approaches, the legal landscape affecting the insuranc...
Slow to change in San Diego.
Janina Clark found few signs of improvement in the US reinsurance market at the NAII's annual meeting.
Scor cuts US property fac.
French reinsurer Scor has closed two offices in the US to rationalise its property facultative opera...
Study finds too much capital in US p&c.
The US property and casualty market is overcapitalised by as much as $100bn, according to a study by...
Stuck in first gear.
Prospects for European motor reinsurers look grim, with the current woes of the market magnified at the reinsurance level. Cameron Andrews reports.
St Paul expands in regions
St Paul International has appointed two UK regional underwriters: Mick Laws, formerly of Independent ...
Sutcliffe to head up Old Mutual life business
Jim Sutcliffe, previously deputy chairman of Liberty International, and previously chief executive UK...
Lloyd's forecasts losses
Lloyd's latest forecasts show that the market expected to make losses of £94m ($150m) for the 1997 ye...
Axa forms Japanese joint-venture
Axa is to take control of Japanese life insurance firm Nippon Dantai and invest up to 1.9bn euros int...
CGU in Royal Bank of Scotland venture
CGU is expected to take a £150m joint stake in Royal Bank of Scotland's life subsidiary, which market...
Norwich Union makes Dublin investment
Norwich Union is to establish up a Dublin-based company to market single-premium investment products ...
CGU ties up £125m outsourcing deal
CGU has signed a seven-year, £125m contract with IBM Global Services, which will see IBM run its data...
Bennetts buys up Sheppeard
Bennetts Insurance, the independent motor and household intermediary has acquired David Sheppeard Ins...
Big Budget buy.
City solicitor Norton Rose is acting for personal lines intermediary Budget Group on its acquisition...
The case for a case manager.
The few case managers that practise in the UK are not regulated or controlled and have no recognised...
New CEO for Axa Ireland.
Axa's reorganisation of its Irish business has continued with the appointment of a new chief executi...
Term assurance revamp by CGU.
CGU has overhauled its term assurance product. Relaunched last week, it now includes a critical illn...
Upgrade down on the farm.
Royal & Sun Alliance has updated its farm insurance cover Farm Contract. In the light of increasi...
Plastic policy.
NIG Skandia has launched a Plastics Combined policy to add to its growing portfolio of commercial pr...
Horse sense.
Many riders find out too late that they have no insurance to cover a claim against them if their horse is involved in an accident. Jackie Linehan asks if equine cover is a case for compulsory insurance.
Winterthur's 'best of breed' approach to pensions.
Winterthur Life has unveiled a fresh approach to retail pensions with the introduction of a range of...
Playing hardball.
As head of insurance giant Axa, Claude Bebear has overseen several major insurance company mergers. Here he outlines his own philosophy of how to manage the change, an approach that is certainly not one of softly softly.