News
Alea shocks market with claims admission
Deteriorating claims in professional liability and US casualty reinsurance have been blamed for a sh...
OSG Group enters alliance
Claims News in Brief
Appointment at Crawford and Company
Crawford and Company has made Martin Weinthrop sales and marketing director. He will head up sales, ...
Judgement on asbestos exposure compensation
News in Brief
Insurers warned over UK terror attacks
The threat of terrorist attack is more likely in the UK than in the US in 2005, according to experts...
Treasury puts Gibraltar under the FSA spotlight
A treasury review has increased pressure on Gibraltar's Financial Services Commission to stiffen up ...
Penny Black's insurance week
What do insurance men do when they retire? Well, they become vicars of course, as Penny found out la...
Hatton stalls stress cases
Employers' liability cases for stress at work are not getting through the courts, despite fears that...
Appointment at Glencairn
Glencairn has made Peter Cheesman manager for modelling solutions. Joining the reinsurance division,...
Appointment at Eg Solutions
David Blain has joined operations management provider Eg Solutions as financial director and company...
Central to the fund
The marble interior and historic entrance portico of Lloyd's of London's former headquarters is for ...
Highway reserves could up bid price
Highway Insurance could become a more attractive takeover target following revelations it has almost...
Motor rates have hit plateau says report
The fmotor market is heading for a big correction in rates in the next six months, according to Roya...
Appointment at Tokio Marine Global
Adrian Ballardie has joined Tokio Marine Global as chief underwriting officer, having spent 10 month...
Management buyout for Airclaims
News in Brief
Airbus effect may raise limits for all
The introduction of the super-jumbo Airbus A380 aircraft will cause a rise in insurance liability li...
Equitas attacks proposed US law
Equitas, the reinsurance vehicle set up to rescue Lloyd's from asbestos liabilities, has attacked a ...
Appointment at Audatex
Steve Watson has become product manager for new services at Audatex. Prior to this, he spent eight y...
Appointment at Smart and Cook
News in Brief
Powerplay Direct merger
Claims News in Brief
Insurers to pay less to FSCS
General insurers' prospective levy from the Financial Services Compensation Scheme will drop by £40m in 2005/6, according to the body's new business plan. Insurance intermediaries will be required to contribute £1.7m to the pot.
FSA announces 2005/6 business plan
The Financial Services Authority has published its Business Plan. This sets out the FSA's priorities for 2005/06 and the budget necessary to deliver them.
AM Best comments on Munich Re announcement
AM Best has announced that the financial strength rating of A+ (Superior) (with a stable outlook) and the issuer credit rating of “aa” (with a negative outlook) of Munich Re remains unaffected following the company’s revised earnings forecast for 2004 …
Moody’s places GE Insurance Solutions under review
Moody's Investors Service has announced that it has placed the ratings of GE Insurance Solutions Corporation (senior unsecured debt at A1) and its rated operating subsidiaries under review for possible downgrade.