News
Monetary Authority of Singapore signs an agreement.
The Monetary Authority of Singapore has signed an agreement with Hong Kong authorities to co-operate...
All that glisters?
On the whole, the high net worth sector is relatively low on fraud, however, insurers still take preventative measures, while, of course, treading carefully to avoid losing valued customers. Duncan Robertson finds out how.
Gerling faces uncertainty.
The future of the UK operations of German insurance group Gerling has been thrown into uncertainty t...
Appointment at ULR.
Norwich-based insurance claims firm ULR has made several top-level management changes. Alan Macalist...
Converium recorded net loss last year.
Converium, formerly known as Zurich Re and spun off from Zurich late last year, recorded a net loss ...
Survey from business availability specialist Synstar.
The cost of system down-time is not a major concern for insurers, according to a survey from Surrey-...
Sir Howard Davies' appointment extended at the FSA.
Sir Howard Davies' appointment as director and chairman of the Financial Services Authority is to be...
NU offers personal exit.
Norwich Union intends to introduce a new package in the summer aimed at predominately commercial lin...
Insurers welcome lump-sum payments move.
The Government's decision to query the whole system of 'lump-sum' awards for personal injury damages...
View from the Top - Andrew Kendrick
Andrew Kendrick, director of underwriting, Ace Global Markets, Syndicate 2488 Nature abhors a vacuu...
Xchanging is moving for expansion.
Xchanging, the business process outsourcing company that formed Xchanging ins-sure services last yea...
CGNU France agrees to sell CGU Courtage to Groupama.
CGNU France has agreed to sell CGU Courtage to Groupama for £6.2m, following two months of negotiati...
XL Winterthur Int'l rating down
Rating company Standard & Poor's (S&P) has lowered its counter-party credit and financial strength ra...
Cut IPT to 4% say insurers
The Association of British Insurers has written to the Treasury calling for it to act over insurance ...
Minister praises insurers over asbestos action
Scottish Secretary Helen Liddell last night praised the insurance industry in her speech at the Char...
Government must act on floods says ABI - again
Initiatives to reduce the risk of flooding for Britain's 1.8 million flood vulnerable property owners...
Rebrand for the Debt Exchange
The city3k Debt Exchange has been rebranded on its first anniversary as The Run Off Centre. It allows...
More WTC lawsuits likely
The terrorist attacks on the World Trade Centre(WTC) last September have so far given rise to four li...
Ace to sell senior notes
Ace is planning to issue up to $500m of five-year senior notes to raise money to repay outstanding de...
NAIC agrees on terrorism exclusions
The National Association of Insurance Commissioners (NAIC), of the US, has agreed that terrorism excl...
Nessi quits Axa Corporate Solutions
Jean-Marie Nessi, chief executive of Axa Corporate Solutions, has left the Axa Group. He has been rep...
UK government to extend airline insurance scheme
The UK government is to extend its Troika airline industry insurance scheme until the end of March to...
Corifrance doubles profit in 2001
The French reinsurer Corifrance increased its profit after tax by 204% year-on-year to Euro 596 000 i...
US reinsurers lose $3.55bn in 2001
A representative sample of 30 US property and casualty reinsurers made a combined $3.55bn loss after ...