News
What the papers said this week.
Financial Times A proposed train safety system would cause more deaths than it would save by forc...
Penny Black's insurance week.
Penny was pleased to spot the dapper-looking Tony Lancaster - ex-Groupama - in Covent Garden last we...
No time to waste in modernising broking.
The insurance industry has so far failed to work together to change the industry with the help of technology. Michael Collins says time is running out and the industry cannot afford to continue to fritter away money on needless administration costs.
The role of leaders in securing success.
Strategic Shorts is a new series in which a management consultant offers insights into planning for successful business.
Appointment at Wilby.
Halifax-based Wilby has made several new appointments. Vincent Claxton, Jayne Moss and Phil Mayes wi...
Open + Direct in £111m MBO
Viridian Group has completed the sale of its Open + Direct Consumer Financial Services business to a ...
An indivisible risk.
John Butler reviews cases that highlight the difficulty of allocating liability in mesothelioma cases.
Appointment at Ace.
Evan Greenberg (right), who joined Bermuda's Ace group as chief executive of Ace Tempest Re and vice...
Start-up Axis goes into US.
New Bermudian reinsurer Axis Specialty has bought two US shell companies, giving it licences to writ...
XL buys into investment firm.
Bermudian (re)insurer XL Capital has bought a minority stake in OneCapital Management Partners, a Ne...
Appointment at Partner Re.
Partner Re's chairman, David McLaughlin, is to retire and be replaced by board member John Rollwagen...
Scor ends quest for capital.
French reinsurer Scor has said it has the capital it needs to pursue organic growth, but that it wou...
Rediary.
Key : O = Organisers ... T = Telephone ... F = Fax ... E =E-mail ... W =Web address ...
IAIS hopes to agree on principles.
The International Association of Insurance Supervisors (IAIS) hopes to agree global principles for t...
Rocky roads to reform.
The inadvertent theme of this issue of Reinsurance seems to be reform: from markets' efforts to cove...
Appointment at British Nuclear Insurers.
The British Nuclear Insurers pool has appointed Mark Tetley general manager and chief executive. He ...
Lloyd's loss exceeds £3bn.
Lloyd's made a loss of £3.11bn ($4.45bn) in 2001, compared with a loss of £1.2bn in 2000. The 200...
Many risk managers plan to dump insurers.
Approximately 150 US risk managers plan to change their insurer over the course of the next two years...
Challenges for the capital.
Times are tough for the London market, but it is not yet ready to relinquish its position as the world's foremost (re)insurance market. Janina Clark reports.
Aon to complete spin-off of subsidiary.
Broker Aon intends to complete the spin-off of its underwriting subsidiary, Combined Specialty, duri...
Man in the middle.
Steve McGill (right), chief executive of broker Jardine Lloyd Thompson, tells Vic Wyman that the reforms to the London market are overdue and hold no fear for the company.
Appointment at Willis.
John Horsley, managing director of Willis's aerospace division, is to succeed Martyn Hedley as chief...
Germany may cover terror.
Germany's insurance trade association expected the German government to decide by early May whether ...
Reweb - First seen on the Reinsurance website
Munich Re has reported a provisional group profit of EUR250m in 2001, a drop of EUR1.5bn from the pr...