News
Sanmar life venture.
Indian business group Sanmar has teamed up with Australian insurer AMP to launch a life insurance jo...
Delta Lloyd and PGGM go Dutch.
CGNU's Dutch business Delta Lloyd has agreed to establish a joint venture in The Netherlands with PG...
Texas clocks on.
Texas insurers were given the green light on Wednesday to sell motor insurance coverage by the mile....
Euclidian sets up network.
A new support network for general insurance providers is already in advanced talks with a "major thi...
What the Papers Say.
The Guardian The Hyundai Marine & Fire Insurance has been selling policies against hooliganism fo...
Davies backs premium increases.
Sir Howard Davies this week backed premium increases to shore up the industry's capital base, but cr...
Adamson quits CNA Re
Debra McClenahan has been appointed chief executive of CNA Re of the US. She will succeed Bill Adamso...
Terrorism pushes Hannover Re into Euro 204m loss
Hannover Re made a Euro 204m loss after tax in the third quarter of 2001, although it says it would h...
FSA rejects call to name and shame
The Financial Services Authority has ruled out publicly 'naming and shaming' insurers found to have "...
General Re gives up on agreed sale
General Re has abandoned its plans to sell its Gen Re Securities Holdings unit to a group of unnamed ...
Max Re profit for 2001
Max Re managed to post a profit for 2001, despite its third quarter results being hit by the World Tr...
Axiom to manage Nissan's Fortress Re run-off
Nissan Fire & Marine Insurance has appointed Axiom Claims Consulting to act as run-off manager for Ni...
PWS proud of previous year's success
Reinsurance broker PWS has reported a pre-tax profit of £3.1m ($4.4m) for the year ending 30 Septembe...
XL Capital to report loss for 2001
XL Capital is expecting to report a net fourth quarter loss of about $60m, due to increases to casual...
Axis Specialty looks beyond Bermuda
New Bermudian reinsurer Axis Specialty is already registered to do business in the UK, even though it...
Industrialists may set up own reinsurance company.
A number of German industrial giants are looking at the possibility of setting up a new reinsurance ...
Munich Re increases stake in Commerzbank.
German reinsurance giant Munich Re has increased its stake in Germany's third-largest listed bank Co...
Penny Black's insurance week.
While keeping an eagle eye on the industry's various and wonderful websites, Penny couldn't help wond...
RSA uncertain over future of PCS brand.
Royal & Sun Alliance may ditch the name of its commercial loss adjusting arm, Property & Casualty Se...
Appointment at Crutes.
Mark Keith has joined Crutes law firm as a paralegal in its general insurance unit and will handle i...
Scottish Boiler clause was clear.
George Hunt Cranes v Scottish Boiler & General Insurance Co (Court of Appeal - 3 December 2001).
Alea's move into D&O market delayed until summer.
London market reinsurer Alea's plan to enter the volatile directors and officers market has been put...
Appointment at MMA Insurance.
Broker-only insurer MMA Insurance has appointed Ian Boys as broker network manager. Mr Boys has work...
Council was told about fire-starters.
Clark Fixing and Another v Dudley Metropolitan Borough Council (Court of Appeal - 12 December 2001).