News
Married bliss?
Outsourcing key services within the public sector has become more popular, however, risk management is a vital component of the contracts entered in to ensure a happy and enduring partnership, say Sara Rowan and Peter Wilson.
Bermuda base.
White Mountain has announced that it is seeking to establish a Bermuda-based property and casualty r...
Time to set an example.
The last year has proved to be particularly disastrous for the insurance industry, but Maggie Litster insists that there is hope, and calls for a more positive course of action.
Misleading increase of solicitors' PI premiums.
The comments by Jason Nash, "Solicitors' PI premiums drop after first year", (PM, 18 October, p29) a...
Next generation.
Risk software specialist Line International last week unveiled the next generation of its risk manag...
Exit penalty hike may come to life.
UK life insurers may have to raise their exit penalties in the wake of the World Trade Center traged...
Slips in February.
The new slips for the London Market, drawn up as part of the LMP2001 initiative, have been finalised...
BBN to capitalise.
The broking arm of Berry Birch & Noble is looking to capitalise on Berkley's independent financial a...
Payout based on ignorance.
A Japanese High Court judge has ruled that seven insurers should pay 19 policyholders yen 12.15m com...
Driving the point home.
I read with interest the article "Who is in the driver's seat?" (PM, 11 October, p24). One of the...
Terrorism claims.
The Insurance Council of Australia has urged state and federal governments to provide a renewable si...
BDML buys Sabre book.
Norwich Union has cut its involvement in the non-standard motor market with the sale of Sabre to BDM...
S&P upgrades QBE.
Rating agency Standard & Poor's has upgraded its insurer financial strength and counterparty credit ...
Willis axes client contact at Leeds.
Broking giant Willis has axed the client contact facility at its Leeds office, following a reorganis...
Learning curve.
Companies are beginning to recognise the competitive advantages to be gained through training and developing call centre staff, but there are other benefits too, as Jane Bernstein discovers.
Stress in the City.
To mark National Stress Day yesterday Royal and Sun Alliance and the International Stress Management...
Lloyd's hit by fraud, again.
Tens of thousands of policyholders may have been duped into buying worthless cover for a range of pr...
Keeping your eye on the ball.
As insurers look to outsourcing companies to add value to their services, allowing them to beef up their core competencies, the fear is that in the third-party scrum, they will be unable to safeguard service levels or protect their brands. David Fanning…
Insurers are trying to drive us out of business, Claims Direct.
No win no fee company Claims Direct last week hit out in frustration at insurers which it said are t...
Wellington joins Pool Re
Lloyd's insurer Wellington has become a member of the UK government-backed reinsurer for terrorism ri...
JLT averts costly legal action
Broker Jardine Lloyd Thompson has come to an out of court agreement over its dispute with American de...
ABI chief calls for "high quality rehabilitation"
The Association of British Insurers director general today called for greater emphasis on improving t...
Terrorist attacks force PartnerRe into $338.5m loss
A pre-tax loss of $400m from the 11 September terrorist attacks in the US led to PartnerRe making a $...
PXRe turns in $33.9m loss
Losses from the terrorist attacks in the US on 11 September contributed to the Bermudian reinsurer PX...