News
Indian firm in broker move.
Indian group JK Industries plans to take advantage of proposed moves to open up that country's inter...
High costs suffer crushing defeat.
Booth v Britannia Hotels (Court of Appeal - 26 March 2002).
Appointment at Kodit Database.
Kodit Database, the Holmes Chapel-based asset/security tagging and auditing specialist, has recruite...
Ball games.
Staff and their children at Bristol-based legal expenses insurer DAS and broker Hill House Hammond p...
Lloyd's climb-down on modernisation proposal.
Lloyd's has been forced to back down on a key proposal to modernise, after opposition from investors...
Community spirit.
The Labour government has put corporate social responsibility at the top of the business agenda. But as many insurance businesses, such as Lloyd's, have discovered, involving staff in doing good works can pay dividends, says Lynn Rouse.
Trenwick makes first quarter loss
The Bermudian (re)insurer Trenwick made a $1.3m net loss in the first quarter of the year compared wi...
Global Re's parent postpones share offer
Global Preferred Holdings, the US-based parent of the Bermudian life reinsurer Global Preferred Re, h...
AM Best maintains rating of Indian state reinsurer
Rating agency AM Best has maintained the 'A' (excellent) financial strength rating of Indian state re...
Axa records strongth growth in UK premiums during first quarter
Axa's UK general arm recorded an 8.2% increase in gross written premium during the first quarter of 2...
New reinsurance business boosts Arch Capital's results
Bermudian (re)insurer Arch Capital has written net premiums of $280.7m for the first quarter of 2002,...
John Berger elected RAA chairman
John Berger, president and chief executive of Chubb Re, has been elected chairman of the Reinsurance ...
Arig slashes jobs to improve profitability
Bahrain-based reinsurer Arab Insurance Group (Arig) cut its domestic workforce by 30% this year. Th...
Benfield expands into eastern Europe with BMS acquisition
Reinsurance broker Benfield Group has acquired the Czech and Slovak operations of broker BMS Harris &...
Odyssey Re reports 60% growth in premiums
A hardening market and a focus on more profitable lines of business helped US-based reinsurer Odyssey...
Axis reports first results
New Bermudian reinsurer Axis Specialty has written gross premiums of $265.7m in its first full quarte...
Appointment at Standard Life Healthcare.
Several new recruits have been taken on by Standard Life Healthcare's regional development team. Ian...
Beazley's e-system aims to cut queues.
Lloyd's insurer Beazley has launched an electronic, interactive queuing system Beazley IQ for its sy...
Appointment at Motor Investigation Agency.
Roy Roger has joined the Motor Investigation Agency as technical consultant. He worked for Royal & S...
Cornhill refused leave to appeal.
Allianz Cornhill has been refused leave to appeal the Clark v Ardington credit hire decision to the H...
Prophit Share launches fraud-buster software.
CRM specialist Prophit Share has developed software it hopes will enable insurers to attack fraud, o...
KWELM scheme end in sight.
The KWELM scheme of arrangement, one of the largest insurance insolvencies ever, could end within fo...
Appointment at Atrium Underwriters.
James Lee has joined Atrium Underwriters as compliance officer for the agency's two managed syndicat...
Industry enjoys a good reception.
Post Magazine held its 12th Annual Parliamentary Reception, which brought together a wide range of p...