News
BMA issues new regulation report
The Bahrain Monetary Agency (BMA) has issued a consultation paper, setting out proposed rules and gu...
Appointment at GE ERC
Tim Brophy, Joseph Cook and Paul Giacobbe have joined GE's Employers Reinsurance Corporation (GE ERC...
Appointment at XL Capital
XL Capital has announced the appointment of Mark W Callahan as chief actuarial officer of XL's insur...
Appointment at The Cooper Gay Group
The Cooper Gay Group has appointed Dermot Flood as director within its non-marine treaty team. Mr Fl...
New risk research publication from BHRC
The Benfield Hazard Research Centre (BHRC) has launched a new annual publication to bring the latest...
FHCF weathers the storm
The expectations of reinsurers that a major wind-loss catastrophe would blow away their reserves have so far proved unfounded. The industry, it seems, has learned the lessons of Hurricane Andrew
RMS releases Ivan damage estimates
Risk Management Solutions (RMS), has predicted that insured losses from Hurricane Ivan in the US are...
London insurance market looks for cost savings
The London insurance market is upbeat and enjoying a strong year, according to research by Pricewate...
Moody's delivers new Converium warning
Re-ratings
Aviva earmarks further 950 roles to offshore
Aviva will take another 950 jobs outside the UK next year, pushing forward the company's strategy to...
Winners and Losers: Post Magazine's monthly round-up of job cuts and gains
WINNERS RAC takes on more than 400 Axa staff at offices in Morecambe and Darlington, having acquire...
Outsourcing firm recruits 250
HCL Technologies is recruiting up to 250 new staff in Belfast as it looks to sign up insurers consid...
Common health problems need to be addressed
UNUM Provident claims that more than one in five people have taken time off since 1999 as a result o...
Francis to quit ABI
Mary Francis will step down as director general of the Association of British Insurers at the end of March 2005.
White Mountains announces Ivan losses
White Mountains Insurance Group has announced that the impact from Hurricane Ivan has not hit the company badly.
NU aims to cut road accidents with telematics launch
Norwich Union is aiming to reduce occupational road risks for commercial customers with the launch of Fleet Telematics.
Mueller takes on new role for Guy Carpenter in Germany
Reinsurance broker Guy Carpenter has appointed Wilfried Mueller as a managing director for its German branch office in Cologne, effective January 1, 2005.
US Department of Justice investigating AIGFP
AIG Financial Products Corp(AIGFP), a subsidiary of AIG, has become a target of an investigation by the US Department of Justice involving possible violations of federal security laws.
UK road deaths increased in 2003
The Department for Transport has published its National Statistics for road deaths and injuries in Great Britain in 2003, based on information about accidents reported to the police. The report says:
CII Conference: Axa CEO calls for less pessimism
This year's UK Insurance and Financial Services Conference got under way in earnest this morning with a powerful opening address from Axa CEO Henri de Castries.
FSA director outlines major concerns
Sarah Wilson, FSA Director High Street Firms, expressed concern about the levels of awareness in the secondary general insurance market, during a speech entitled ‘General insurance regulation: is your house in order?’ at the CII Conference.
Atrium confirms capacity acquisition
Atrium Underwriting has announced it has acquired a further £2.6m of capacity on its two managed syndicates, 570 and 609, at a cost of £0.2m.
PwC American Insurance Digest launches October 2004 edition
PricwaterhouseCoopers American Insurance Digest October 2004 edition covers: life insurance secondary guarantees, the evolving role of the chief compliance officer, capital sources entering the insurance market, enterprise-wide risk management (ERM) and…
Government makes personal injury pledge
Further stability, certainty and transparency will be brought to conditional fee agreements when fixed success fees are extended to the estimated 48 000 annual claims brought for accidents at work from 1 October, Civil Justice Minister David Lammy…