News
GAB seals Big Mac claims deal
Loss adjuster GAB Robins has won a multi-million-pound contract to manage the global claims for fas...
Fraud: educated males most likely
New figures from the Association of British Insurers show that one in five people commit fraud beca...
Tesco Personal Finance achieves £96m profit
Tesco Personal Finance this week reported that it had achieved a £96m profit for the year ended 31 ...
Report finds claims automation is key growth area
A report by market analyst Datamonitor has found that, despite relatively flat IT spending being fo...
Clouds over insurers may yet have a silver lining
The UK general insurance industry is undergoing a massive shift back to basics, with the focus on u...
View from the Top - Duncan Boyle, UK chief executive, Royal & Sun Alliance
The General Insurance Standards Council's regulatory regime will now operate on an extended basis u...
Health scare
The outbreak of the killer virus Severe Acute Respiratory Syndrome has led to reports that insurers...
Budget death knell for Lloyd's names unlimited liability
The UK Chancellor Gordon Brown has announced that the Inland Revenue is planning to introduce tax rel...
GE Frankona Re reduces Lloyd's involvement
GE Frankona Re is to reduce its involvement in the Lloyd's operations of (re)insurer Chaucer but will...
Price is prime concern of US risk managers
The biggest challenges facing US risk managers over the next year are price, coverage and capacity, a...
Strike Club warns of premium hikes
Specialist marine mutual insurer the Strike Club has warned its members to expect a big increase in p...
Ace expands US terror cover
Ace USA has extended the stand-alone terror insurance it offers to cover three gaps in the cover prov...
Munich Re offers sterling bond
Munich Re has launched a sterling bond of around £250m as a part of a subordinated bond launch that c...
Ace International gets Oztap
Ace subsidiary Ace International has appointed Kudret Oztap as senior vice-president for onshore ener...
Few buy US terror cover
Take-up of cover for US terrorism risks offered under the Terrorism Risk Insurance Act (TRIA) passed ...
US risk managers shift spending to loss control
The hard insurance market has had a major impact on the spending decisions of North American risk man...
Bermuda threatens London on US property
Bermuda could overtake London and continental Europe in the next 12 months to become the second marke...
ERC gets full licence for South Korea
GE Employers Re (GE ERC) has become the fourth foreign reinsurer to be given a full licence to operat...
Grant Thornton expands insurance claims division
Consultancy Grant Thornton's forensic and investigations services practice has been expanded with the...
Chiltington International opens Chicago office
Reinsurance consultancy Chiltington International has opened its first office in Chicago. It will ...
Benfield rebrands
Reinsurance intermediary Benfield has announced that it is rebranding. All of its branches, including...
Report highlights hurricane risk
North America's Atlantic and gulf coasts could see above-average hurricane activity in 2003, accordin...
Generali boss lambasts space industry
The head of the pioneer space insurer Generali Global has delivered a stinging rebuke to the space in...
Brokers may quit space market
Brokers could pull out of the space insurance market unless it improves, according to William Lloyd, ...