News
Insurers: heed the warnings.
What a pity the world of insurance is incapable of learning from the errors of the past. Maggie Lits...
Seattle earthquake produces $330m of claims
Property/casualty insurers will pay $330m for claims resulting from the earthquake that struck Seattl...
Munich Re could join in German companies' restructuring
Munich Re looks likely to buy the 18% stake in Germany's second-largest bank, HypoVereinsbank, held b...
Actuaries outline risk roles
The Actuarial Profession has published its proposals for a new risk framework within companies, which...
Crowe changes follow Wallace resignation
The resignation of Andrew Wallace, active underwriter at Lloyd's motor syndicate 963 has resulted in ...
Claims Direct heading for £20m loss
No win no fee company Claims Direct has issued another profits warning, commenting that its recent ad...
St Paul's Petrobras loss limited to $5m
The St Paul Companies says that its economic loss from the sinking earlier this month of Brazil's big...
Losses at Lloyd's set to top £1.1bn in 1999
Lloyd's expects to make a loss of at least £1.11bn ($1.59bn) for the 1999 year of account, following ...
Willis considers move
Broker Willis, which is owned by KKR, is considering moving its London workforce under one roof accor...
ATE talks and court case go ahead in parallel
The Law Society has, as predicted by Post Magazine last week, agreed to jointly sponsor with the Asso...
OFT rejects appeal against GISC
The General Insurance Standards Ccouncil has been advised by the Office of Fair Trading that the OFT ...
Standard sales on the rise
Standard Life, Europe's largest mutual life insurer, has recorded record levels of UK sales in the fo...
Generali's profits rise
Europe's third largest insurer, Generali, has reported a 40% increase in net profit for last year, ex...
Claims Direct hikes premium
No win no fee claims management company Claims Direct has finally launched its new ring-fenced insura...
Credit hire association publishes prospectus
The prospectus for the newly formed Accident Management Association has now been published explaining...
Premium growth for US P&C reinsurers
US property casualty reinsurers wrote $24.9bn of net premiums last year, up from $21.2bn in 1999, acc...
Zurich faces major overhaul and plans widespread sell off
Zurich Financial Services is to embark on a major cost cutting programme which will see it spin off t...
Independent put on credit watch
Independent Insurance has been placed on Credit Watch by controversial ratings agency Standard & Poor...
PartnerRe shakes up US treaty underwriting
Bermuda-based PartnerRe has reorganised its US treaty underwriting operations into five teams concent...
Toyota buys controlling stake in Aioi.
Japan's biggest automaker Toyota last week secured a minority controlling stake in the soon-to-be-fo...
Event scripts.
Copies of presentations from the conference, which incl-ude slides and several full scripts, can be ...
Travel cover on site.
Screentrade, the online broker product from Misys Interactive Trading, has gone live with travel ins...
Insurers escape flood bill.
The Association of British Insurers has backed the latest planning guidance from the Department of E...
Trust me, I'm a doctor.
Major scandals have left the medical profession reeling. And with patients increasingly prepared to sue, specialist professional indemnity cover has come under the spotlight. Lynda Hardy-Maskell reports.