News
CII test online.
The Chartered Insurance Institute is to launch an online version of its Foundation Insurance Test. T...
Exit penalty rise.
Equitable life has insisted on a further 15% exit penalty for savers who move with-profits income dr...
Lack of contents cover for 25%.
One in four households has no home contents cover, according to the latest analysis of insurance spe...
Call for Post to broker CII title amnesty.
My subscription payments to maintain my FCII status stopped when I went on maternity leave years ago...
Capita brings Sherwood on board.
Insurance software and solutions provider Sherwood International has won a contract worth £6m from pr...
FM Global offers network analysis.
Property insurer FM Global has introduced a new eConomy risk assessment programme, to provide custom...
Call for deeper compliance move.
Ian Dilks, leader of the UK financial services practice at Pricewaterhouse Coopers, said too many fi...
Asbestosis victims to get 90% of their compensation awards
Asbestos campaigners in Scotland have welcomed the governement's announcement that victims and their ...
FSA to take tough line on life and pensions sector.
The Financial Services Authority will be prepared to take tough action where necessary, said its dir...
A matter of principles.
Although the London market attracts a lot of business from US reinsurers, the consensus among UK insurers is that it must get its act together to maintain its edge. Marcus Alcock explores the proposed reforms - the London Market Principles 2001.
HHH reaches eight.
Insurance intermediary Hill House Hammond has completed its eighth acquisition of 2001, by buying th...
Dismissal awards.
Patrick v Harry Lynch & Co (Employment appeal tribunal - 26 March 2001).
St Paul Re joins inreon
St Paul Re has become the latest reinsurer to join inreon, the online reinsurance exchange set up by ...
Concorde crash passenger payments soon
The French insurer La Réunion Aérienne expects most of the passenger claims following last July's Air...
Crowe buyout mooted.
Lloyd's managing agency Crowe Syndicate Management could be on course for a management buyout after i...
Insurers face £23bn hike in asbestos bill
The property and casualty sector is facing a rise in future asbestos claims by a massive £23bn, accor...
'Loss of reputation' tops business risks league
'Loss of reputation' has leapt to the top of the business risks league, followed by 'failure to chang...
Homecheck helps homeowners to clean up.
Homecheck, the online provider of environmental risk information, is to offer cover to homeowners for...
American Re secures $120m of indexed cat cover
American Re has secured $120m of cover in the form of catastrophe-related securities linked to a mode...
DP Mann and Cologne Re of London become Faraday
The broker distribution business formed from the Lloyd's managing agent DP Mann and Cologne Re's UK o...
London takes tough stance on asbestos
The London market, led by Lloyd's reinsurer Equitas, has toughened its stance on asbestos in the face...
XL Capital boosts reinsurance profit
Bermudian (re)insurer XL Capital increased its net written reinsurance premiums by 4.3% year-on-year ...
PartnerRe profit surges ahead
PartnerRe of Bermuda more than quadrupled its first quarter profit to $96m from $23m in the first qua...
Inter-Alliance to offer Pru staff jobs
Inter-Alliance, the independent financial advisory group, is to offer opportunities to Prudential sal...