News
What the papers said this week.
Evening Standard CGNU faces more opposition to its new name Aviva, with technology group Aveva pl...
Ensuring fare play.
A difficult insurance sector, turf wars and illegal drivers mean taxis have historically attracted higher than average premiums. Duncan O'Brien says insurers are now more choosy about which risks they pick up.
Appointment at Goss & Co.
Goss & Co has taken on a new development manager. As part of its continued growth strategy, the Tham...
GE Global in risk management deal with XL Winterthur International
GE Global Asset Protection Services (GGAPS) is to provide its risk management services through XL Win...
UK Government extends Troika aviation insurance scheme
The UK Government-backed Troika aviation insurance scheme is to be extended for another month, until ...
Ace to serve Chinese market with stake in Huatai
Bermudian (re)insurer Ace is to acquire a 22% stake in Chinese property and casualty insurer Huatai, ...
Inreon is competitive, says EC
On-line reinsurance exchange Inreon has been approved by the European Commission (EC) as complying wi...
Munich Re merges ART units
German reinsurer Munich Re Group is to merge the alternative risk transfer (ART) units of its Munich ...
Losses drag down Munich Re
Munich Re's reinsurance business has reported a loss of €52m for 2001, compared with a profit of €1.3...
Hannover Re hopes for best ever year
Based on Hannover Re's first quarter results, chairman Wilhelm Zeller expects 2002 to be an "outstand...
US storms cost insurers $700m
Tornadoes and thunderstorms in 17 US states between 27 April and 3 May will cost property insurers $7...
Scor makes profit in first quarter
Scor, France's largest reinsurer, returned to profit in the first quarter of this year. It recorded a...
Lack of skilled people in London according to AM Best.
The London market has "a serious long-term problem" of a lack of skilled people, according to a seni...
Allianz reports better than expected profits.
German insurance giant Allianz has reported better-than-expected first-quarter profits of EUR1.9bn (...
Blue Mountain could be made mandatory.
The centralised IT structure proposed by the Blue Mountain technology initiative from Lloyd's may be...
Royal & Sun Alliance comes out on top.
Royal & Sun Alliance has been rated as the best insurer at dealing with claims out of five analysed ...
US asbestos trust snub as Equitas refuses to join fund.
Equitas, the company established to reinsure and manage the run-off of Lloyd's pre-1993 liabilities,...
NY Governor backs Silverstein WTC claim.
New York Governor George Pataki has thrown his weight behind developer Larry Silverstein in the ongo...
Duo quit Capita McLarens.
Two subsidence managers have left Capita McLarens to join claims systems specialist InFront solution...
Appointment at Wyatt Gallagher.
Peter Walker, formerly Cunningham Lindsey director of home services, is to take up the position of g...
Camberford Law in talks with major broker network.
Camberford Law, which is on target to record a net profit this year of £1.25m according to managing ...
Brokers' anger at Groupama withdrawal.
Brokers this week hit out at Groupama Insurance, following its decision to pull out of mid-market com...
Why insurers must support windscreen campaign.
We are launching a national public education campaign this week to raise awareness of the importance...
ActionPoint finishes document capture system.
ActionPoint has completed the implementation of a document capture system for insurer Skandia Life t...