News
Brokasure unveiled.
Rebus this week unveiled its new Brokasure Enterprise technology platform for medium to large broker...
QBE shake-up as Lothian quits.
Australian insurer QBE's European division has lost another big hitter just a year after the surpris...
Troika eyes insurer.
Russian investment bank Troika Dialog has not yet decided whether to take part in the forth-coming s...
Ace's not so high.
Bermuda-based Ace's third quarter results were dragged down by $558.8m (£384.5m) after tax, as a res...
Relationships suffer as reinsurers become more clinical
Reinsurers are reducing their emphasis on long-standing client relationships and adopting a more clin...
Moody's: Lloyd's syndicates no longer provide "adequate" security
Moody's has downgraded five Lloyd's syndicates amid what it described as "growing concerns over the a...
Australian recovery a slow process
Reinsurance broker Guy Carpenter, which plans to recover up to $200m for insurers who placed busines...
Ferma calls for European Pool Re
The Federation of Risk Management Associations has called on the European Commission to study the fea...
Crawford, Miller Fisher and PCS dumped from Groupama loss adjusting panel
Groupama has announced that it has ditched Miller Fisher, Crawford and Company and PCS from its loss ...
Ace posts heavy third quarter losses
Bermudian insurer Ace has reported a net loss of £310m for the quarter ended 30 September 2001, compa...
IUA petitions US regulators over funding requirements
In a letter to Commissioner John Oxendine, Chairman of the NAIC reinsurance taskforce, the Internatio...
Swiss Life to launch back care charter
Swiss Life is to sponsor the launch of a new back care charter to conquer the estimated 120 million w...
Ockham: Link purchase off
Lloyd's insurers Ockham and Kiln today announced that they have decided not to go ahead with the tran...
AIG and Chubb team up for $1bn reinsurance venture
Global insurance giants AIG and Chubb are reported to have teamed up with Goldman Sachs to form a new...
Claims Direct puts forward franchisee exit offer
Troubled no win no fee company Claims Direct has offered its disgruntled franchisees a choice of thre...
XL Capital to raise over £400m
Bermudian insurer XL Capital intends to sell seven million ordinary shares to be used for "general co...
AIG & Chubb in new venture
US insurers AIG and Chubb are reported to have teamed up with Goldman Sachs to form a new Bermuda-bas...
Asbestos victims could lose compensation
Thousands of victims of asbestos dust face losing their compensation payments after the collapse of T...
Westminster faces £1m bill for saving tree
Public authority insurers could face an increase in payouts for subsidence unless effective risk mana...
QBE rationalises treaty business
Australian (re)insurer QBE's European division has rationalised the amount of retrocession on its tre...
Lloyd's agrees compromise with US regulator
Lloyd's has reached a compromise agreement with the US regulators over the size of its deposits conce...
Baden-Baden focuses on terrorism
Eric Alexander reports from the reinsurance meetings
Lloyd's and NAIC reach compromise
Lloyd's has reached a compromise agreement with the US regulators over the size of its deposits for l...
Hanks keeps the ball in his court.
Lloyd Hanks is a very busy man. When not at work, he is refereeing and if not doing that, he is on the bench - in court, discovers Lynn Rouse.