News
Renewals could produce a U-turn.
Adrian Leonard finds Germany's reinsurers determined to turn the market at the renewals, with the catastrophe, industrial fire and motor sectors top of their hit list.
Firms face the music.
The Australian market has been hit by bad results and serious scandals. Problems remain but change has produced some optimism, reports David Fanning.
Losses drill holes in energy sector.
Len Messenger of Zurich Global Energy, chairman of IUMI's energy and offshore committee, warned of t...
US outwards reinsurance a third higher in 2000.
Reinsurance placed by US-based (re)insurance companies outside the US reached $26.1bn in 2000, a rise...
Reinsurers latest loss estimates
Insurers and reinsurers have issued initial and revised estimates of their losses from the terrorist ...
IUMI attendance hit by US attacks.
Eric Alexander and Marcus Alcock report from the International Union of Marine Insurance (IUMI) conference.
XL to take control of Le Mans Re.
XL Capital of Bermuda is likely to take a 67% controlling interest in Le Mans Re, which XL formed wi...
Africa, land of contrasts.
A continent where civil wars, famine and subsistence economies are common seems to lack the assets needed to generate sizeable reinsurance premiums, but there is potential for those willing to seek it out, reports John Sanders.
Brit outlines profit and loss
Brit Insurance Holdings has recorded a pre-tax profit for the first half of this year and reconfirmed...
Claims People interims
Loss adjuster the Claims People Group has recorded turnover for the first six months of this year of ...
St Paul dominates solicitors' PI sector as rates stall
St Paul International Insurance has retained its position as market leader for solicitors' profession...
Axa moves into Aberdeen
Axa has opened a new commercial business branch in Aberdeen. The branch will concentrate on small to ...
Lloyd's downgraded by S&P and Fitch
Lloyd's financial strength has been downgraded to A from A+ and placed on credit watch negative by ra...
Airlines avoid insurance crisis
Airlines narrowly averted an insurance crisis, which threatened to ground flights next week, followin...
Lloyd's WTC liability revealed
Lloyd's is liable for $683m of the $3.55bn property and business interuption programme for the World ...
Plane pool set for shake-up.
Managing agency Global Aerospace, which is jointly owned by the UK's two largest general insurers, m...
Collateral damage.
Last week's reinsurance Rendez-Vous was overshadowed by the worst terrorist atrocity ever. Not only has the Manhattan skyline been irrevocably altered, the global reinsurance landscape, too, will never look the same again. Janina Clark reports from Monte…
Damage limitation.
Traditionally the domain of commercial insurers, risk management has now filtered its way through to the personal lines sector. Insurers vary in their approach to limiting the damage for clients, says Richard Adams.
CD sets aside £5m.
Personal injury specialist Claims Direct has set aside £5m to compensate 19,000 customers who took o...
GISC rule decision no victory.
This week's imagined victory by the Institute of Insurance Brokers and the travel agents over the Ge...
US attacks reduce IUMI attendance.
Marcus Alcock reports from Genoa, where the 127th International Union of Marine Underwriters' annual conference is being held.
BIBA attacks IIB over GISC rule 42 victory.
The British Insurance Brokers' Association has attacked the Institute of Insurance Brokers for having...
Shortfall at Lloyd's.
Initial indications following last week's US terrorist attacks are that Lloyd's capacity for the 2002...
Appointment at HPI Group.
The HPI Group, the main source of vehicle information for the UK motor industry and motoring consume...