News
Nessi quits Axa Corporate Solutions
Jean-Marie Nessi, chief executive of Axa Corporate Solutions, has left the Axa Group. He has been rep...
UK government to extend airline insurance scheme
The UK government is to extend its Troika airline industry insurance scheme until the end of March to...
Corifrance doubles profit in 2001
The French reinsurer Corifrance increased its profit after tax by 204% year-on-year to Euro 596 000 i...
US reinsurers lose $3.55bn in 2001
A representative sample of 30 US property and casualty reinsurers made a combined $3.55bn loss after ...
GE likely to float Employers Re, says WSJ
General Electric (GE) is likely to turn its property and casualty reinsurer Employers Re Corporation ...
HNW on hold as Groupama CEO reviews operation.
Groupama's entry into the high net worth market remains on hold while newly-appointed chairman and ch...
Phil Durrant awarded the CILA Institute Prize.
Phil Durrant, an adjuster with Cunningham Lindsey Construction, based in London, has been awarded th...
Guilty hands.
Police forces across the UK are increasingly adopting British crime prevention system, SmartWater to...
Appointment at Donns.
Manchester-based Donns Solicitors has promoted Nicky Lunt and Amanda Anson to partners and Ayesha Na...
NRG Victory completes final stage.
NRG Victory has completed the final stage of its implementation of XLRAS, the specialist recovery sy...
Appointment at the Association of British Insurers.
The Association of British Insurers has made Graham Spittles, chief underwriter for Royal & Sun Alli...
Appointment at Weightmans.
Law firm Weightmans has expanded its litigation practice, with the addition of five lawyers. Marine ...
Upwardly mobile?
Joining a firm of loss adjusters is a sound career move for a graduate engineer, however, gaining a solid foundation in insurance will ultimately facilitate their speedy upward career progression, says Simon Threadgold.
Ace finds its limitations in disability insurance case.
Surendranath Seechurn v Ace Insurance SA-NV (Court of Appeal - 6 February 2002).
Under the hammer.
The consequences for auction houses of unknowingly selling a stolen item can be severe. A code of due diligence has been hammered out and by following it, they show good faith - a vital defence if the worst should happen, says Richard Ellis.
Solvency 2 report closes.
The results of an 11-month study by KPMG, which is expected to form the basis of the European Commis...
Appointment at Munters.
Property damage restoration company Munters has appointed Jane Noble as team manager for the north-e...
The fine art of staying up to date.
The art and antiques market is in a constant state of flux and the insurance industry needs to be fl...
Survival rates.
If the Financial Services Authority was to impose a fixed-fee system in general insurance, this could cause problems for brokers. A shift in culture, greater efficiency and diversity are perhaps the best ways to capitalise on their existing assets and…
Water companies bound to maintain their sewers.
Peter Marcic v Thames Water Utilities (Court of Appeal - 7 February 2002).
S&F set to offer brokers an acquisition life-line.
Singer & Friedlander Insurance Finance plans to offer selected brokers access to acquisition finance ...
On the right track.
The advent of DNA-based security techniques has been a major boost to the tracking and recovery of stolen pieces of art or antiques. And with the growing support of insurers, the police and policyholders, fine art thieves had better watch their backs,…
Union action.
Industrywide consolidation, growing fears for job security and changes in legislation have meant the finance trade unions Amicus and Unifi are playing a larger role in workplace relations in the insurance sector. Lynn Rouse looks at the implications of…
Last resort for foot and mouth?
Last week, the Association of British Insurers suggested the government could become insurer of last resort in the event of another outbreak of foot and mouth disease, adopting a similar approach to Pool Re. Lance Harvey looks at the issues.