News
Insurers bear the liability.
Insurers have decided to reduce the cost of fire and flood claims by providing claimants with nomina...
Inspop set to expand.
Online intermediary Inspop.com is set to expand its range of financial services products outside gen...
Call for insurer justice.
Chris Phillips, who led the insurance industry's argument in the Fairchild, Fox and Matthews cases on asbestos-related compensation, analyses last week's ruling by the House of Lords and calls for justice for insurance companies.
Watch your step.
Insurers should remember that if they contract builders to deal with clients' repairs, they are liable should any H&S slip-ups occur, warns Nigel Blacow.
Xchanging Ins-sure Services launches Business Centre.
Xchanging Ins-sure Services has launched its Business Centre for companies in the London Insurance M...
Steep rate rise in commercial property & casualty insurance.
Commercial property & casualty insurers in the UK have managed to implement steep rate rises in the ...
Liability ruling.
An "absolute pollution" exclusion is not limited only to environmental cases in which the damage is ...
White Rock launches Gibraltar subsidiary
White Rock Insurance PCC, the Guernsey protected cell company (PCC) owned by broker Aon, has set up t...
LUAP applies for liquidation
Reinsurer LUAP (ex-Folksam International) has applied to the Court of Stockholm to liquidate. In a...
Swiss Re to launch Indian insurance consultancy
Swiss Re is to set up a consultancy in India for the country's insurers. Indian's Foreign Investmen...
Price to be chief underwriting officer at St Paul Re
Michael Price has been appointed chief underwriting officer of St Paul Re, the reinsurance arm of US ...
US and China exchange information on insurance regulation
The US National Association of Insurance Commissioners (NAIC) and the China Insurance Regulatory Comm...
Moody's downgrades Faraday syndicate 435
Rating agency Moody's has downgraded the performance rating of Faraday Underwriting syndicate 435 to ...
Co-operative lift Charity Cup
Co-operative Insurance triumphed 1-0 over Provident Insurance in the final of the Post Magazine Chari...
"Errors" to blame for poor results
The rating agency AM Best has blamed execution errors by underwriters rather than low prices in the m...
London suffers "serious" skills shortage
The London market has "a serious long-term problem" of a lack of skilled people, according to a senio...
RI3K plans e-commerce summit
Frustrated by slow take-up of e-commerce and technology in the reinsurance industry, electronic tradi...
Securitisation common within "five years"
The convergence of financial and (re)insurance expertise to securitise risk is set to become a well-e...
Endurance buys LaSalle property cat business
New Bermudian (re)insurer Endurance Specialty is acquiring the property catastrophe reinsurance busin...
Appointment at Ecclesiastical Insurance.
Richard Woodhouse has been appointed to the newly-created position of underwriting audit manager at ...
Allianz Cornhill is working with the ISMM.
Following the accreditation of its Underwriting Academy by the Chartered Insurance Institute, Allian...
"Financial dog's dinner" danger for RSA.
Insurance analysts this week cast doubt over Royal & Sun Alliance's claim that its capital programme...
Appointment at Aon.
Aon has taken on Ron Smith in its aviation consulting and reinsurance broking division. He brings wi...
PWC warns minimum standards not enough.
A senior manager in the PriceWaterhouse Coopers' Financial Services Regulatory Consulting Group, has...