News
Revenue from SunGard's subsidiary firms falls.
Revenue from IT supplier SunGard's subsidiary firms fell in the second quarter of this year, against...
Marlborough Stirling launches calculations engine.
UK insurance software company Marlborough Stirling has launched a calculations engine designed to de...
Consultation on Phase 1 to begin today.
Consultation on Phase 1 of the International Accounting Standards Board's proposed changes to insura...
Through the internet maze with Richard Griffiths.
I find it very strange when a business's website turns out to be a complete dog's dinner. It is not ...
Appointment at Autoglass.
Autoglass has made Amba Mistry a business manager. She previously worked for David Lloyd Leisure as ...
Buying into accident prevention.
The growing litigation culture has seen an increase in the number of slip-and-trip claims stemming from incidents in shops, offices and other public places. The HSE is making their prevention its priority - a message insurers and brokers are keen to…
Appointment at NFU Mutual.
Stratford-Upon-Avon-based NFU Mutual has recruited Richard Percy as a non-executive director on the ...
Data proves net sales are increasing.
Your recent article "Insurers back net sales in spite of slow growth" (PM, 10 July, p6) could not be...
Appointment at XL London Market.
Neil Stocker has moved to XL London Market as fine art & specie claims adjuster. He brings with him ...
Forecasting change.
A recent report by Laing & Buisson has painted a bleak future for private medical insurance, with faltering demand and rising claims costs. However, Lynn Rouse discusses the findings and discovers it is not all doom and gloom.
Asbestos ruling extends Fairchild causation remit.
Barker v St Gobain Pipelines (Manchester District Registry - 23 May 2003).
Dial H for helplines.
Helplines are currently the added extra that all clients are calling for when buying cover. And despite the initial outlay of outsourcing the service, insurers are seeing their value in the long run, says Lynda Hardy Maskell.
Appointment at The Cotswold Group.
Cath Williams has joined the Cotswold Group as fraud manager from Norwich Union, where she held the ...
Ecclesiastical Abbey renewal fears.
Ecclesiastical Insurance could see its share of insurance for Westminster Abbey reduce as it is curre...
Ace trumps with second quarter results
Bermuda-based (re)insurer Ace built on its good start to the year with a record $371m quarterly profi...
S&P cuts Swiss Re rating
Reinsurance giant Swiss Re has had its financial strength and counterparty credit ratings lowered by ...
Converium produces big profit surge
Swiss reinsurer Converium said that growth in specialty lines and standard property and casualty (P&C...
Allied triples first-half profit
Bermudian (re)insurer Allied World Assurance Holdings nearly tripled its first-half net profit to $12...
SalvageSale set to announce new claims alliance
Online salvage marketplace SalvageSale has revealed that it will announce a new strategic global alli...
London market agrees new General Underwriters' Agreement.
The London market has agreed a new General Underwriters' Agreement for use in political risks busine...
Safety drive.
With proposed legislation on corporate manslaughter on the horizon, bus and coach operators can expect personal injury and liability claims against them to rise. Tim Brangwyn warns firms to tighten up their risk management and insurance precautions in…
A small fortune.
Rising liability premiums are having a drastic impact on the livelihoods of small businesses. However, insurers argue SMEs are being treated fairly. David Fanning asks if enough is being done to ease the fundamental problems surrounding this sector.
Larry Silverstein back in court.
World Trade Center leasholder Larry Silverstein was back in court this week before the US Federal Ap...
Tele-underwriting can reduce costs.
Tele-underwriting can substantially reduce costs for disability and health insurance, according to a...