News
ABI urges developers to pay for flood defences.
The Association of British Insurers this week called for developers to pay for flood defences in the...
Asbestos purse prised back open.
The House of Lords was this week urged by insurers to apportion compensation among insurers under the...
CFT Group Insurance still being investigated.
The Serious Fraud Office's investigation into CFT Group Insurance, which started last October, is st...
What the papers said this week.
SUNDAY TELEGRAPH Virgin Trains, the most unpunctual long-distance operator in the country, plans ...
Zurich Financial Services outsources to Alphabet (GB).
Zurich Financial Services has outsourced the supply and management of its 3300-strong UK fleet to Al...
Lloyd's faces threat of mass capital withdrawal.
Lloyd's could face a serious withdrawal of capacity next year as members feel the cumulative effects...
Gerling to cut 1250 staff.
The UK will remain unaffected by German insurer Gerling's decision to make 1250 job cuts over the ne...
Victory for natural justice.
No one in the insurance industry can be particularly surprised by last week's decision to overturn t...
Insurers face 5% genetics levy.
Health and life insurers could have to pay up to 5% of premiums to set up a company to help cover th...
Eureko posts reduced operating profit.
Pan-European insurer Eureko has posted a reduced operating profit for the first quarter of 2002 of E...
Regency plans further growth on back of warranty arm sale.
Regency Insurance Brokers is planning to set up another volume niche business, following the sale of...
Insurers bear the liability.
Insurers have decided to reduce the cost of fire and flood claims by providing claimants with nomina...
Inspop set to expand.
Online intermediary Inspop.com is set to expand its range of financial services products outside gen...
Call for insurer justice.
Chris Phillips, who led the insurance industry's argument in the Fairchild, Fox and Matthews cases on asbestos-related compensation, analyses last week's ruling by the House of Lords and calls for justice for insurance companies.
Watch your step.
Insurers should remember that if they contract builders to deal with clients' repairs, they are liable should any H&S slip-ups occur, warns Nigel Blacow.
Xchanging Ins-sure Services launches Business Centre.
Xchanging Ins-sure Services has launched its Business Centre for companies in the London Insurance M...
Steep rate rise in commercial property & casualty insurance.
Commercial property & casualty insurers in the UK have managed to implement steep rate rises in the ...
Liability ruling.
An "absolute pollution" exclusion is not limited only to environmental cases in which the damage is ...
White Rock launches Gibraltar subsidiary
White Rock Insurance PCC, the Guernsey protected cell company (PCC) owned by broker Aon, has set up t...
LUAP applies for liquidation
Reinsurer LUAP (ex-Folksam International) has applied to the Court of Stockholm to liquidate. In a...
Swiss Re to launch Indian insurance consultancy
Swiss Re is to set up a consultancy in India for the country's insurers. Indian's Foreign Investmen...
Price to be chief underwriting officer at St Paul Re
Michael Price has been appointed chief underwriting officer of St Paul Re, the reinsurance arm of US ...
US and China exchange information on insurance regulation
The US National Association of Insurance Commissioners (NAIC) and the China Insurance Regulatory Comm...
Moody's downgrades Faraday syndicate 435
Rating agency Moody's has downgraded the performance rating of Faraday Underwriting syndicate 435 to ...