News
New Africa Capital.
South African financial services group New Africa Capital, which made its debut on the Johannesburg ...
GISC gets in training.
Investment in training will stand a company in good stead when business pressures begin to rise, asserts Mike Poll.
ABI calls for vigilance in wake of Indie collapse.
John Parker, head of general insurance at the Association of British Insurers, called for the indust...
Appointment at Acturis.
Simon Ronaldson has joined Acturis, the provider of web-based technology platforms for brokers, as s...
Miller Fisher confirms Pearl account loss.
Outsourcing services provider Miller Fisher this week confirmed that it had lost the Pearl loss adju...
Lloyd's inertia fear.
As the insurance industry endeavours to meet the demands for information on the financial implication...
FG Watts Networks.
FG Watts & Partners has become the latest broker to sign up to the Broker Network. Senior partner at...
Fitch: Lloyd's has underestimated losses
Rating agency Fitch believes Lloyd's have underestimated its losses from the American terrorist attac...
The great escape.
Insurers are avoiding tackling the simple solutions to data-capture problems says James Sharp, yet these would provide brokers with a welcome escape from the task of re-keying the same information several times to get insurance quotes.
Circuit-breakers.
Online trading is beginning to come into its own, however, says Paul Cheal, the industry must embrace e-commerce fully to ensure it remains a viable way of doing business. Those that do not, risk stopping the system in its tracks.
NU plots NHS tie-up.
Norwich Union Healthcare has published embryonic plans to transform the provision of healthcare in t...
Making the right connections.
The greater speed and communication e-systems promise to bring to the claims handling arena could be invaluable. But while e-claims is becoming a more realistic option, insurers seem unagreed on how to handle it and where it is all leading, says David…
Staff must adhere to FSA rules.
Insurance industry staff will find themselves in deep trouble if they do not get to grips with their...
Industry to insist on qualifications.
Insurers are involved in talks with unions over making set professional qualifications compulsory fo...
Sirius posts positive results
Sirius Group today announced its Interim Results for the six months ended 30 June 2001 showing a 12.3...
Lloyd's predicts loss of £1.3bn
Lloyd's has estimated its net exposure from the 11 September US attacks at £1.3bn ($1.9bn). The est...
AIG offers aviation cover
American International Group (AIG) is to lead a consortium to offer aviation war risk and hijacking l...
Lloyd's puts figure on US attack losses
Lloyd's has estimated its net exposure from the 11 September US attacks at £1.3bn ($1.9bn). The est...
Ace increases estimate to $550m
Ace has increased its estimated exposure to the impact from the September 11th terrorist attacks from...
More woe for SVB
Lloyd's insurer SVB has posted an operating loss of £37.1m for the first six months of the year, and ...
Hiscox expects £20m hit
Hiscox said it expected the World Trade Center tragedy to cost £20m when it unveiled its interim resu...
Lloyd's downgraded despite "manageable" estimates
Ratings agency A.M. Best has downgraded Lloyd's market rating, from A (Excellent) to A- (Excellent), ...
Asian market is looking up.
Jeremy Golden advises (re)insurers to look carefully into the opportunities that are materialising in Asia's healthcare markets.
Ace Tempest Re recruits three underwriters.
Ace Tempest Re, the reinsurance arm of Bermuda's Ace Group, has recruited three underwriters in Lond...