News
Munich Re losses could reach Euro 1bn
The world's second largest reinsurer, Munich Re, said that its losses from the terrorist attacks cent...
"Worst case" event happens
By Janina Clark in Monte Carlo
Scor boss predicts surge in rates
Chairman and chief executive officer for French reinsurer Scor, Jacques Blondeau announced this after...
Mourning industry promises to meet losses
By Janina Clark in Monte Carlo
Monte Carlo Rendez-Vous stunned by terrorist attacks
By Janina Clark in Monte Carlo
World Trade Centre losses set to top $20bn
By Janina Clark in Monte Carlo
Mass exodus in the City
There was a mass exodus of staff from offices in the City this afternoon as rumours spread that up t...
PMI shake up needed warns market analyst
Problems loom large on the horizon for the Private Medical Insurance industry unless it can combat ri...
Claims People seals offshore deal
The Claims People Group has entered into a joint venture with Marsh (Jersey)to provide end-to-end cla...
Rendez-Vous stopped as fears mount
All meetings and proceedings at the Monte Carlo reinsurance Rendez-Vous were halted today, as insuran...
Terrorists crash planes into World Trade Centre and Pentagon
Two hijacked aircraft have crashed into the upper floors of the World Trade Centre towers in New York...
Union members crying out for insurance
The vast majority — 8 out of 10 — trade union members believe their union should be offering insuranc...
Record cat losses for P&C sector
The property and casualty (P&C) sector suffered its worst second quarter catastrophe losses in histor...
Broker Willis plans move into banking distribution
Willis will eventually become a distributor not only for insurers and reinsurers but also for banks a...
Miller Fisher losses reduced
Miller Fisher Group, the outsourcing services provider, has recorded a reduction in pre-tax loss to ...
Moody's warns against early optimism
Reinsurers anticipating large rate increases at the 1 January renewals should not celebrate just yet,...
XL to take control of joint venture Le Mans Ré
XL Capital of Bermuda is likely to take a 67% controlling interest in Le Mans Ré, which XL formed wit...
Stakeholder figures "encouraging" claims ABI
Almost 70 000 new stakeholder pensions were bought in July, according to figures released today by th...
Ockham drives ahead with Highway
Ockham Holdings has recorded a rise in pretax profits in the first half of this year to £5.8m compare...
Helphire set to return to profit
Credit hire company Helphire Group, which is still in dispute with a number of insurers — and which e...
Swiss Re premiums rise
Swiss Re has reported a 19% increase in net premiums in the first half of the year, compared with a y...
Danish Re ditches Newmarket merger
Danish Re has given up on its plans to merge its Lloyd's operations with Newmarket Underwriting. Th...
Insurers are set for generous Concorde payout.
Parties involved in last year's Air France Concorde crash can expect to receive a generous settlement...
Riot get-out clause.
Two police forces may have to foot the multi-million-pound insurance bill, following riots in Bradfo...