News
Whole in one.
As commission rates are slashed, brokers are having to use their initiative to bring in business. Wholesale schemes have been flagged up as one good way to get a better shot at the market. Simon Threadgold tees off.
Insurers blamed as BTE falters.
Brian Raincock, managing director of after-the-event insurer Litigation Protection this week hit out...
Glasplus has created an online claims validation system ...
Glasplus has created an online claims validation system for vehicle windscreens. At the website www....
D&O set for balance sheet rethink after Enron.
As a result of the collapse of US energy conglomerate Enron, directors' & officers' insurers may sta...
The American Club manager, Shipowners Claim Bureau ...
The American Club manager, Shipowners Claim Bureau, has demerged from broker Marsh. The company used...
Swiss Re is confident of business growth ...
Swiss Re is confident of business growth and profitability this year, despite forecasting loss for 2...
Trenwick makes losses in fourth quarter 2001 and full year
The Bermudian (re)insurance group Trenwick made a net loss of $26.4m in the fourth quarter last year ...
Swiss Re and XL settle credit swap dispute
Swiss Re Financial Products and XL Insurance (Bermuda) have withdrawn claims against each other in a ...
Hard market set to last says JLT as profits jump 18%
Broker Jardine Lloyd Thompson said the hard market will stay in place for at least two years, as it r...
Pru up on back of Asian arm
Prudential, which sold its UK general insurance arm to Churchill at the end of last year, has recorde...
Catex sees $900m of business
The Catastrophe Risk Exchange (Catex) has reported that over $900m in reinsurance premiums has been t...
Good times ahead, says Swiss Re
Swiss Re is confident of business growth and profitability this year, despite forecasting loss for 20...
Transamerica goes to Tokyo
US reinsurer Transamerica Re has expanded its presence in the Asia-Pacific life reinsurance market by...
Swiss Re to do business on eReinsure.com
Swiss Re has contracted to use eReinsure.com's on-line platform for reinsurance negotiations. The d...
CII conference renamed to reflect convergence
The Chartered Insurance Institute's 2002 Conference, being held at the Birmingham International Confe...
Huppi quits as ZFS CEO
Rolf Huppi, embattled head of Zurich Financial Services, is to step down as the group's chief executi...
Global Preferred Holdings to raise $120.75m in IPO
Georgia-based reinsurer Global Preferred Holdings is seeking to list on the Nasdaq stock exchange and...
Turner to head P&C at Combined Specialty
Aon has Marshall Turner as president of the property and casualty division at Combined Specialty, its...
JP Morgan sponsors new transformer Ocean Re
A new (re)insurer, Ocean Re, has been licenced in Bermuda and will act as a so-called 'transformer' c...
RenRe to build reserves with securities offering
Bermudian reinsurer RenaissanceRe (RenRe) has filed another shelf registration statement with the Sec...
Arig loss totals $88.3m in 2001
The Arab Insurance Group (Arig) made a $88.3m loss in 2001, compared with a $90.9m loss the previous ...
ART unlikely to fill gap in terrorism cover
Alternative Risk Transfer (ART) products are unlikely to offer solutions to the shortage of terrorism...
Appointment at Crutes.
Legal executive David Foster rejoins Crutes as part of the general insurance litigation and police t...
Euro shake-up to cost billions.
UK insurers have been criticised for failing to help shape the future of European industry regulatio...