News
Appointment at St Paul's Lloyd's operation.
David Reed has succeeded Duncan Wilkinson as chief executive of St Paul's Lloyd's operation. Mr Reed...
New spiral solution is mooted.
A second scheme to solve the problems created by the London market spiral of the 1980s is being plan...
Terrorism reinsurance pool opens in Russia.
Six leading Russian insurers have set up a reinsurance pool because of their difficulties in finding...
Chief executive to leave Inreon.
Chief executive Rob Bredahl is to leave internet trading platform Inreon at the end of this month. H...
Battle for business hots up.
Border clashes and terrorism are as much a concern for Indian reinsurers and regulators as the hardening market, but there are opportunities in both the life and the non-life markets, says Saibal Dasgupta.
Ace Bermuda Insurance and XL Insurance settle property claims.
Ace Bermuda Insurance and XL Insurance have settled property claims arising from the 11 September at...
Compensation payouts accelerating, PPB report shows
The Policyholder's Protection Board's final report and accounts show the now defunct body paid out £...
US regulators issue terrorism warning
US state insurance regulators have warned the US House of Representatives that the failure to set up ...
Best downgrades Terra Nova and Markel International
After a review of US (re)insurance group Markel, rating company AM Best has downgraded the financial ...
Insurers' utopian vision does not exist.
Seldom do I feel the need to write to the press, but Brian Clark's letter (PM, 14 February, p10) can...
Keen to broker change.
In his first two months as the new chief executive of Fortis, Barry Smith has already made pro-active moves to improve broker relations, here, he tells Lynn Rouse why.
Penny Black's insurance week.
Penny was delighted to attend the annual bash of the Consequential Loss Society in London last week ...
Motorcyclists can now gain access to legal advice ...
Motorcyclists can now gain access to legal advice and compensation for injuries sustained in non-fau...
View from the Top - Andrew Torrance
Andrew Torrance, general manager, Allianz Cornhill I want to congratulate the Association of Britis...
Loss adjusters set up CD React.
Ex-Miller Fisher loss adjuster Gary Shepherd and Thorndyke Direct founder John Roberts have set up a...
Former England rugby international Brian Moore ...
Former England rugby international Brian Moore joins Memery Crystal as a partner on 4 March 2002. Mr...
Cut.
An aborted film which resulted in one of the biggest insurance claims in European film history is th...
On the danger list.
As a result of changing social and political trends, we are now more likely to seek compensation after an accident. This, along with constantly surfacing long-tail claims, is making employers' liability an extremely hazardous sector to be in, says Phil…
Business process outsourcing specialist Xchanging ...
Business process outsourcing specialist Xchanging has appointed Peter George as its operations direc...
Let the cover fit the crime.
The new criminal offence of corporate killing is set to become law later this year. This could have serious implications for providers of directors' & officers' and liability covers, warns Veronica Cowan.
DTI fails to close site.
The Department of Trade and Industry has admitted having problems closing down a website promoting m...
Standing out from the crowd.
The present economic climate means that to stay ahead, insurers are having to think carefully about the way they manage their claims functions, says Paul Turner.
IRM seeks to expand service.
Mark Butterworth, newly-elected chairman of the Institute of Risk Managers (PM, 21 February, p4) pla...
Chapman folds following Axa panel rejection.
Midlands-based insurance law firm Chapman Everett closed this month, little more than six months aft...