News
Lloyd's Market Association applauds agreement
The Lloyd's Market Association has applauded last week's agreement with the European Commission over...
Sections of the Courts Act 2003 come into force today
Sections 100 and 101 of the Courts Act 2003 come into force today. This will give courts the power t...
Catlin cleared to open UK-based underwriter
Lloyd's insurer Catlin will launch its first UK-domiciled subsidiary on 1 May, to take over from the...
Incisive Media launches Rehabilitation First Awards
Incisive Media has launched the Rehabilitation First Awards, offering an opportunity for those that ...
Ecclesiastical hails restructure
Ecclesiastical Insurance announced a 61% improvement in its 2004 technical account balance to £35.9m...
Hardy predicts £180m fraud losses
An alleged fraud at an Italian bank could cost the insurance industry £180m in claims according to L...
EL setback as employers admit ignoring stress
Employers' liability insurers could face further setbacks after employers admitted ignoring the issu...
Benfield predicts minimal insurance losses from earthquake
Reinsurance broker Benfield predicted minimal insurance losses from this week's Asian earthquake. It...
Independents push for CILA voice
A group of smaller independent loss adjusting firms has set up a special interest group within the C...
Fraud Focus
Would insurer-owned legal firms increase the fraud risk, asks Jamie Taylor. On 15 December last yea...
Aviva still on course to snap up RAC
Aviva has confirmed it is still on course to snap up RAC in late May, after tabling a £1.1bn bid. Th...
Royal and Sun Alliance calls for reform to be stepped up
Royal and Sun Alliance has called for the pace of reform of the UK's employers' liability market to ...
Groupama sets out to treble its business
Groupama outlined plans to drag itself out of a self-confessed healthcare mire as it announced that ...
More mergers in pipeline for HSA
Health plan specialist HSA is currently in talks that are expected to result in further merger annou...
FSA faces six-month deadline for shake-up
The Financial Services Authority will be given only six months to bring about a "lighter touch" to r...
What the papers said this week
Daily Mail Teachers claimed a total of £3.2m in compensation last year. Payouts included £40,000 to...
Equitas settles largest remaining direct asbestos exposure
Equitas said it has settled its largest remaining direct asbestos exposure. The policies of McDermot...
Folgate and Towergate merger delayed
The merger of intermediaries Folgate and Towergate has been postponed due to legal delays. The acqu...
Crawford tipped for Axa panel success
Axa is expected to unveil the result of its subsidence panel review by the end of the week, with Cra...
Axa mulls dual pricing policy
Axa is considering charging different prices for commercial risks placed online and offline to drive...
ABI flood review welcomed
Government plans to review its flood management policy have been welcomed by insurers. The Office o...
MP attacks the government over uninsured drivers
The Liberal Democrat Shadow Secretary of State for Trade and Industry has hit out at the government ...
Fraud detection doubles
Insurers have almost doubled fraud detection during the past three years but are still only identify...
Legal victory will not stop claims
Insurers could yet face huge passive smoking litigation bills, despite defeating what is thought to ...