News
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.
Coface upbeat despite fall.
Credit solutions provider Coface UK saw a 19% increase in turnover for 2001, down from 23% in 2000, ...
Axa accepts asbestos claims.
Axa Insurance has accepted exposure to employers' liability policies that could lead to a raft of cl...
Going for brokers.
As well as the modernisation of Lloyd's, brokers are also facing a shake-up that will ensue when the Financial Services Authority assumes regulatory control of the market. Marcus Alcock gives an overview of what the transition is likely to mean for the…
Norwich Union launches new ad campaign.
Norwich Union has launched a new £12m advertising campaign, with the initial phase of the campaign f...
Trial dates in Kenya finally listed.
Trial dates in Kenya have finally been listed for the international copyright case instigated by Bup...
No Triumph.
A fire that started last Friday evening at the Triumph motorcycle factory in Hinkley, Leicestershire...
The city3k Debt Exchange has been rebranded.
The city3k Debt Exchange has been rebranded as The Run Off Centre on its first anniversary. The cent...