News
Cat stats.
Last year bucked the trend in catastrophe losses, but reinsurers cannot afford to become complacent. Janina Clark reviews the conclusions of two new catastrophe studies.
Appointment at CNA Re.
CNA Re has appointed Charles Thomas vice-president for US claims and contracts. Based at the Chicago...
A single act or several?
In the second of two articles focusing on aggregation, John Butler reviews a case in which an assured was entitled to aggregate claims.
Indian pool goes.
India's reinsurance pool looks set to cease underwriting following the opening of the insurance mark...
Kingsbridge buys Stafford Group
Kingsbridge Holdings, specialist in serving the sports and entertainment sector, has acquired Staffor...
Local authorities given formal warning
The majority of local authorities do not have formal processes in place needed to advise elected memb...
Helphire folds 1st Automotive
Credit Hire firm Helphire is to shut down the subsidiary it acquired in August, 1st Automotive, with ...
Giant Allianz eager for more
German insurer Allianz, which is now the fourth-largest financial group - behind Citigate, AIG and HS...
Direct Line management reshuffle
Direct Line has appointed a new group chief executive, Annette Court, following the move of Ian Chipp...
RAC snaps up Auto Windscreens for £112m
The RAC's parent company, Lex Service, has acquired Chesterfield-based Auto Windscreens, the second l...
Munich Re reveals bumper profits
The Munich Re Group has announced provisional figures that show a 54.5% increase in its profit for 20...
Miller Fisher records £3.1m loss
Miller Fisher, which owns loss adjuster Miller Pycraft, has recorded a pre-tax loss of £3.1m, compare...
Asbestos register call
Over 1.4 million commercial and residential properties in the UK still contain asbestos even though i...
Unum takes over Zurich claims
Unum is to take over Zurich Life's group income protection claims following Zurich's decision last ye...
Lloyd's faces another review
Lloyd's is to set up a new high level committee to review the future strategy of the Lloyd's market. ...
SAFR renamed
Bermudian group PartnerRe is to rename SAFR PartnerRe, its Paris-based subsidiary. SAFR PartnerRe w...
Hampton Re opens for business
A new life reinsurance company, Hampton Re, has been set up in Bermuda by Bill Walker, former preside...
Munich Re makes record profit
The Munich Re Group has announced provisional figures that show a 54.5% increase in its profit for 20...
Salvage Association talks over
The Salvage Association has found a buyer for its business, details of which will be released on Frid...
Loss adjusters query GISC cost.
Loss adjusters are in talks with the General Insurance Standards Council over whether they will have...
South-east merger.
South-east England-based brokers Lincoln Tilbury Stewart and Truman Insurance Brokers are set to mer...
Kidnap cover to rise.
Most kidnappings are now motivated purely by economics, according to a Foreign Policy Centre report ...
IFAs get Scot service.
Scottish Provident has launched a new online service for independent financial advisers at www.scotp...
Interesting compensation for loss of earnings.
Griffiths & Others v British Coal Corporation & Another Court of Appeal 27 February 2001.