News
WTC claim not laid to rest.
The dispute between World Trade Center leaseholder Larry Silverstein and 22 insurers led by Swiss Re...
DL extends use of Chordiant.
Direct Line is to extend its use of Chordiant Software's technology from a user base of 1700 to 4000...
Belfast broker suspended.
The Financial Services Authority has suspended the trading activities of Belfast-based Northern Ire...
More medical insurance bought.
Last year, more medical insurance was bought than ever before, according to the Association of Briti...
Appointment at Reich Insurance Brokers.
Simon Taylor, formerly national client director of Capita McLarens, has joined Reich Insurance Broke...
ABI needs fast-track process.
The celebrations associated with this week's Royal Golden Jubilee and the occasion of the World Cup ...
Tim Tookey to join Prudential.
Tim Tookey, the UK finance director of broker Heath Lambert, is leaving to join UK insurance giant P...
Appointment at MCE.
Karen Robinson has been recruited as financial controller at the personal lines broker MCE. Ms Robin...
Appointment at Riskclick.
Riskclick, the software provider, has made Harvey Rand its vice president of sales. Mr Rand has over...
Cost of risk on the rise, says Lloyd's
The cost of risk is rising due to an increase in the exposures to intangible risks, according to Juli...
Delay of spin-off forces Moody's to review Aon rating
Rating agency Moody's has placed the long-term ratings of (re)insurance broker Aon under review for p...
Partner Re to open office in Chile
Bermudian reinsurer Partner Re is to open an office in Chile to exploit new business opportunities in...
American Council of Life Insurers to host first ever life reinsurance treaty conference
US life insurance trade association The American Council of Life Insurers is hosting a one-day life r...
William Davis to be reinsurance boss at Allied World Assurance
Bermuda-based Allied World Assurance (AWA) has appointed William Davis as senior vice-president of it...
Asbestos deal forces AM Best to lower St Paul rating
Rating agency AM Best has downgraded the financial strength rating of the St Paul Companies from 'A+'...
ERC seeks Chinese reinsurance licence
Employers Reinsurance Corporation (ERC) has applied for a full property and casualty insurance operat...
Combined Specialty spin-off postponed for second time
Broker Aon has postponed the spin-off of its underwriting operation Combined Specialty for a second t...
S&P downgrades ERC
Rating agency Standard & Poor's (S&P) has downgraded the counterparty credit and financial strength r...
BBB launches acquisition vehicle.
Berkeley Berry Birch, which launched a new acquisition vehicle yesterday, intends to capitalise on t...
A thorny issue.
Employers' liability is currently proving to be a bit of a thorn in the side for brokers. The market has become very tough as insurers implement a sharp correction to the low rates of recent years. Rachel Gordon looks at how intermediaries are dealing…
Competition v statistics?
As claims management becomes ruled by tick-box standards, Jeff Charlton argues that this lack of vision may open up the market to smaller insurers.
Stress case is lost in the post.
Young v Post Office (Court of Appeal - 30 April 2002).
Learning from the past.
The high-profile collapse of Enron has brought the issue of directors' and officers' cover to the fore and, to ensure history does not repeat itself, Veronica Cowan says insurers should reconsider the information required in proposal forms.
Lex splits RAC in two via Axa deal.
Lex Services has restructured the financial operations of its subsidiary the RAC through a deal with...