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US Q1 cat losses total $963m

US property/casualty insurers are expected to pay out $963m in claims in the first quarter of 2004, according to the Insurance Services Office (ISO).

NU & Zurich swoop on Irish motor business

Following a strategic review of its general insurance business, Bank of Ireland Insurance Services Limited trading as Premier Direct Insurance has entered into conditional agreements with Norwich Union subsidiary Hibernian General Insurance and Zurich's…

Bermuda market 'risk capital' say industry leaders

The future of Bermuda as a provider of alternative risk solutions for risk managers is assured according to Paul Markey chairman, Aon, Bermuda. Speaking at the Risk and insurance management society event in San Diego he said that the island’s insurance…

Union lawyers attack no win no fee firms

Trade union lawyers Thompsons and print union GPMU have attacked no win no fee personal injury claims management firms for conning people into agreements that can cost them more than the compensation they receive.

Tria causing concern for risk managers

Attendees at the Risk and insurance management society (Rims) event in San Diego are calling for increased awareness about what will happen if the Terrorism Risk Insurance Act (Tria) expires as planned on December 31, 2005. There is a feeling that the US…

Aon and Atradius team up for SME credit policy

Global credit insurer, Atradius, has just announced a partnership deal with Aon Receivables Management Services - one of the largest specialist credit brokers - to provide a credit insurance policy for SMEs.

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