News
View from the Top.
I have sympathy with 'Bemused Broker' who wrote in this column on 24 July. The huge swings in market...
Insurers need to look beyond spreadsheets.
Businesses have been using spreadsheets for years to develop their annual budgets but according to r...
Zurich Financial records increase.
Zurich Financial Services UKISA (UK, Ireland and South Africa) region recorded a 34% increase in gro...
Trenwick looks to UK firm for sell off.
Bermudian insurer Trenwick Group's subsidiary Trenwick Holdings has entered into an agreement with B...
Swiss Re's latest study raises concerns.
Swiss Re's latest sigma study, Insurance Company Ratings, has raised concerns over the way that rati...
Law firm claims brokers are 'drowning' in red tape.
Employment law firm Peninsula has blamed the government for an unnecessarily heavy administrative bu...
Investors told not to panic as Lloyd's ups 2001 reserves.
A number of Lloyd's insurers have had to increase their reserves for liabilities relating to the 200...
Appointment at Premier Mortgage Management.
Premier Mortgage Management appointed Jason Flood as sales director to develop the business from a g...
Quality control: a question of contracts - Expo Fabrics (UK) Limited
(Court of Appeal - 21 July 2003) On appeal in respect of a claim for the supply of cloth that was ...
Events.
4 September Guernsey Insurance Company Management conference 'Risk 2003' Beau Sejour Conference...
Hardy Underwriting cuts involvement in aviation business.
Lloyd's insurer Hardy Underwriting is cutting its involvement in the aviation business because premi...
Munich Re blames losses on taxation
Munich Re made a loss of €603m in the first half of 2003, in contrast with the €4.1bn profit it made ...
Hannover Re posts healthy profit
Hannover Re has built on its successful first quarter 2003 figures by posting an operating profit of ...
Palmer & Cay starts up reinsurance branches
US-based insurance brokerage firm Palmer & Cay has entered the reinsurance market for the first time ...
Swiss Re raises concerns over rating agencies
Swiss Re's latest sigma study, titled Insurance Company Ratings, has raised worries over the way that...
No longer big in Japan.
The Japanese motor insurance sector has been hit hard by both the continuing recession and competition - not least from foreign providers since the market's deregulation. Jeremy Golden examines the strategies insurers are using to steer business back in…
Appointment at Aon.
Aon has appointed Malcolm Forbes-Wilson as corporate product director for its reinsurance and specia...
NPIB sets out on acquisition spree
Norwich and Peterborough Insurance Brokers is aiming to make three further acquisitions this year, ...
A European union.
Second only to the US, Europe would seem to represent a formidable insurance market and moves towards supranational legislation for a single industry look set to cement this. However, markets within individual countries vary greatly, with some telling a…
Appointment at Alan Boswell.
Lesley Mckee has joined Norwich-based Alan Boswell Insurance Brokers as account executive and will b...
What the papers said this week.
The Times A former railwayman was awarded damages of more than £212,000 after a judge ruled that ...
FSA urged to rethink over status
Several key industry representatives are urging the Financial Services Authority to think again ove...
Airmic "unsurprised" by threat
The Association of Insurance and Risk Managers has said the UK insurance industry should be unsurpr...
Hall and Clarke go live with Sirius S4B system
Specialist motor and aviation broker Hall and Clarke has gone live with Sirius Financial System's S...