News
What the papers said this week.
The Daily Telegraph Upmarket retailer Selfridges has seen its insurance premiums soar almost five...
Direct Debit not being utilised by insurers and brokers.
Direct Debit claims insurers and brokers are not utilising its payment option as much as they could....
Scotching the competition.
Glasgow has thrown off its past rough-and-ready image and consolidation in the region has seen it evolve into the central location for Scotland's underwriting activity. Richard Adams paints a vivid picture of the insurance community in this vibrant city.
Through the internet maze with Richard Griffiths.
It seems obvious that if your business is selling back-office services based on slick IT solutions t...
Zurich Professional enters accountants' PI.
The top two concerns of accountants seeking mandatory professional indemnity cover are increasingly ...
Berkley Insurance gets $50m injection
The US-based WR Berkley group added $50m to the capital of its (re)insurance business Berkley Insuran...
Vietnam National Re boosts profit 16%
Vietnam's state-owned domestic reinsurer, Vietnam National Re (Vinare), had one of its most successfu...
FSA publishes guide for brokers
The Financial Services Authority this morning published Mortgage and general insurance regulation: A...
EU approves extension to airline cover
European Union (EU) transport ministers have agreed to allow European governments to continue providi...
American Re revamps its top team
American Re has appointed new senior managers and a chief underwriting officer, following its decisio...
Moody's rating boost to Everest
Rating agency Moody's has assigned an 'Aa3' (excellent) insurance financial strength rating to Everes...
Moody's: Lloyd's syndicate ratings safe
Lloyd's continuing loss of market share will have only a limited impact on the performance ratings of...
CCR boosts income
French state-owned reinsurer Caisse Centrale de Réassurances (CCR) has increased its net income for 2...
Rating unaffected by Lincoln-Swiss Re dispute
Rating agency Fitch has said disagreements over the sale of Lincoln Re by Philadelphia-based Lincoln ...
PMA Capital files shelf registration for $250m
Philadelphia-based (re)insurer PMA Capital has filed a shelf registration statement for a proposed of...
Stirling Cooke Brown reports 2001 losses
Bermudian reinsurance intermediary Stirling Cooke Brown has reported a net loss of $21.3m for 2001, c...
Cox to undergo radical restructure
Cox Insurance Holdings is to radically restructure its business and has quit almost all commercial li...
Munich Re reports €1.5bn drop in profits
Munich Re has reported a provisional group profit of €250m in 2001, a drop of €1.5bn from the previou...
Appointment at James Chapman & Co.
A solicitor, who originally trained in South Africa, has qualified as a UK lawyer to work at Manches...
GAB Robins set to grow liability division.
Loss adjuster GAB Robins has announced plans to grow its liability division by a further 12% this yea...
Lloyds TSB Insurance has extended its Air Miles offer.
Lloyds TSB Insurance has extended its Air Miles offer to cover motor as well as household insurance....
AIG rolls out new strategy to aid regional push.
AIG Europe is to introduce a new regional structure over the coming weeks to help grow its regional ...
In pursuit of fiscal fusion.
A merger between the Association of British Insurers and the British Banking Association has been mooted for some time and with the Financial Services Authority looking on, the two are beginning to move into each others' orbits. Simon Threadgold looks at…
Flagging up financial harmony.
The EU is flying the flag for a fully integrated European financial market with its Financial Services Action Plan and with it, several insurance-related proposals have been unfurled. David Fanning follows its progress and looks at the EU's legislation.