News
NU chooses Aquila system.
Norwich Union is to use Aquila's Administrator pension system for its defined benefit portfolio from...
Waveney Insurance buys Sirius software.
East Anglia-based broker Waveney Insurance has bought a 52-user licence for Sirius for Broking from ...
Fortis Insurance to join the panel for insureE-com.
Fortis Insurance is to join the panel for personal lines system provider insurE-com. Dan Francis, vic...
When BS does not always mean fit for consumption.
Britvic Soft Drinks v Messer; (Court of Appeal - 30 April 2002).
Sherwood International records pre-tax loss.
Sherwood International has recorded a pre-tax loss for the first six months of 2002 of £2.1m, up fro...
MID success depends on co-operation.
Adding fleet vehicles to the Motor Insurance Database will be a welcome addition to the insurers' arsenal in the fight against fraud. But its success depends on clearly explaining what is required of all those involved, says Donald Martin.
Education authorities to conduct risk assessments.
Local education authorities must now conduct formal risk assessments of every planned school trip ha...
S&P's Don Watson joins Ace
Don Watson, managing director of rating agency Standard & Poor's North American insurance practice, h...
PXRe quadruples income
Second quarter net income at Bermudian reinsurer PXRe leapt 412% on a year before to $19m, largely du...
CNA Re's second quarter results back in the black
US-based reinsurer CNA Re made a net operating income of $27m in the second quarter 2002 compared wit...
Ace to slash Lloyd's capacity
Lloyd's could be facing further reduced involvement from insurers in the London market following plan...
Indie run-off arm sale talks start
Aurora Corporate Services, set up to run off the Independent Insurance estate, is to be sold, Post Ma...
Shaw heads Ace Tempest Re Europe
Matthew Shaw has been appointed managaing director of Ace Tempest Re Europe, based in London. He jo...
Hengesbaugh joins PXRe
Guy Hengesbaugh, former president and chief executive of LaSalle Re, has joined PXRe as president of ...
Surge in P&C business at Scor
French reinsurer Scor boosted its property and casualty (P&C) premiums by 32% year-on-year to Euro 11...
ABI and BBA merger plan scrapped
The proposed merger between the Association of British Insurers and the British Bankers Association h...
Liability centre stage after Pool Re extension
The Government's move this week to extend Pool Re's remit on commercial property to all terrorist ris...
Pushing the right buttons
If insurers fail to push policyholders' buttons regarding online claims services, customers will go to providers that do make the best use of the web-enabled technology, believes Jim Douglas.
Class action threat remains.
The failure of the claimants in the High Court this week (see p1) to win their case against manufactu...
CII harks back to a bygone era
The Chartered Insurance Institute is experiencing a period of immense and much needed change. With th...
Wrapper comes off reforms
Lloyd's has signalled an aggressive approach to future underwriting as part of detailed plans for ref...
Victoria Re to go as Ergo focuses on insurance
German reinsurer Victoria Re will stop underwriting at the end of the year following the decision by ...
Gerling Global Re faces uncertainty over future
The fate of Gerling Global Re (GGRe) remained unclear as Reinsurance went to press, following the ann...
UK unwilling to expand Pool Re
The UK government has told the British insurance sector and business at large that they must prove a ...