News
TMA agrees on syndicate buyout
The management team of Trenwick Managing Agents (TMA) has agreed on a management buyout with owners ...
Reweb
First seen on the Reinsurance website www.re-world.com Atlantic hurricane activity in 2003 will be ...
Aviation treaty gets US nod
The US Senate has approved the Montreal Convention, an aviation treaty aimed at bringing airline lia...
Appointment at Aon
Aon has appointed Malcolm Forbes-Wilson as corporate product director for the reinsurance and specia...
Appointment at Glencairn
Steve Hearn has been appointed group chief executive of Glencairn. He joined the group in September ...
P&I club calls for more regulation
The London P&I club has called for more regulation from all sides of the shipping industry to minimi...
RAA releases first half 2003 industry results
The Reinsurance Association of America (RAA) has released a new report announcing that 30 property an...
Swiss Re posts good first half 2003 earnings
Swiss Re has recovered from its poor start to the year, moving on from its first quarter losses to po...
Foreign reinsurers gain larger slice of US market
Foreign reinsurers have tightened their grip on the US reinsurance market, according to a new report ...
Aetna reaches agreement.
US insurer Aetna has reached a $4m (£2.5m) agreement to settle a class-action suit brought by thousa...
Hiscox begins upgrade of operating system.
Hiscox has started upgrading its core IT operating systems, including the incorporation of a product...
AMP reports largest loss in its history.
Australian insurer AMP has reported one of the largest losses in the country's corporate history, wi...
Motor insurance comparison took goes live on insuresupermarket.com.
A motor insurance comparison tool has now gone live on insuresupermarket.com, which compares motor q...
Aeroflot receives finance boost.
Standard Bank London, assisted by its newly opened affiliate company in Russia, ZAO Standard Bank, h...
NU ships out marine account to Towergate.
Towergate Marine Underwriting has won a contract to administer Norwich Union's Marine Trade, Yacht &...
Appointment at GE ERC.
GE's Employers Reinsurance Corporation has appointed Keith Saylor as group products business leader ...
US power failure cost 'minimal'.
The power failure that plunged large parts of North America into darkness on 14 August might not res...
Driving for change on uninsured drivers.
The Department for Transport's review of uninsured driving, to be conducted by economist Professor D...
Commentary - General rule of discretion.
The general rule is that the unsuccessful party will be ordered to pay the costs of the successful p...
14 years ago.
Some 14 years ago Post Magazine reported about the lack of UK global insurance powerhouses, noting t...
Appointment at Morley Fund Management.
Morley Fund Management has appointed Stewart Newnham as currency analyst. Mr Newnham aims to evolve ...
Lords oppose duty of care case ruling - John Tomlinson v Congleton
(House of Lords - 31 July 2003) The claimant, aged 18, went to the defendants' park which had a la...
Equity principle tested by case.
National Commercial Bank (Jamaica) Limited v Raymond Hew and Clifton Hew (as executors of the estate...
In the fast lane.
After six years of growing premium income the UK motor insurance market has come within a whisker of break-even point, reveals Standard & Poor's annual motor report. David Laxton looks at how the latest figures stack up.