News
Learning the ropes
When it comes to experienced commercial lines staff the insurance industry is woefully lacking, but the good news is that some insurers are starting to do something about it, says Rachel Gordon.
Cornhill committed to personal brokers
Allianz Cornhill Insurance this week stressed its commitment to the personal line broking market an...
A degree of risk
Risk managers' needs are changing as a result of the hard market and the insurance industry is having to keep pace with these new requirements. Lynn Rouse wonders if insurers and brokers are up to the challenge.
Amicus gives Aviva India green light
White collar union Amicus this week said it was "satisfied" with its meetings with insurer Aviva ov...
Appointment at Singer & Friedlander Insurance Finance
Singer & Friedlander Insurance Finance has appointed two new directors to its board. Bruce Matthews...
Appointment at Alexander Forbes
Tim Wilson has been promoted by Alexander Forbes to the post of managing director of its UK Corpora...
Boncaster wins contract from Argos Retail Group Financial Services
Cox subsidiary Boncaster has won a contract to provide motor and household insurance administration...
FSA: eyes and ears plan
The Financial Services Authority is understood to be looking at ways to maximise access to market i...
Appointment at Beazley
Lloyd's managing agency Beazley has taken on Paul Dawson as specialist energy underwriter to Syndic...
Joint business service launch
Protection and indemnity specialist consultancy Moore Stephens and service provider Chase IT have j...
Is big really beautiful?
There has been a trend towards commercial lines insurers targeting the SME sector. But how keen are premium finance providers to go the same way? Hugo Cranmore investigates.
Insurers predict increase in demand for takeover insurance
Insurers have predicted an increase in demand for takeover insurance during 2003, based on the UK e...
What the papers said this week
The Independent Goldman Sachs, one of the banks working for Royal & Sun Alliance on the float o...
Primary signs deal with Sirius
Insurance group Primary has signed a £1m, three-year deal with Sirius to provide underwriting softw...
How do insurers measure up?
The collapse of Independent Insurance, among others, has heightened public awareness of the importance of companies' potential financial weaknesses and increased interest in insurers' ratings by reputable global agencies. David Fanning reports.
Panels come under fire
This month saw the first liability judgement against a firm of architects that specified the use of combustible insulated panels. Richard Houseago reports.
Munich Re posts profit but hit by downgrade
Munich Re Group has announced a profit of €1.1bn for 2002, a substantial increase on the 2001 figure ...
Swiss Re results dragged down by stock markets
Swiss Re has announced a loss of SFr 91m ($65m) for 2002, blaming the losses on the steady decline in...
Moody's downgrades Hannover Re
Ratings agency Moody's has announced that it is downgrading the financial strength rating of Hannover...
Rating boost for Willis North America
Willis North America, a subsidiary of insurance brokers Willis Group Holdings, has had its bank credi...
Munich Re subsidiaries face possible downgrade
Ratings agency Moody's has announced that it is reviewing the financial strength ratings of Munich Re...
Ace creates new divisions
Ace European Markets, part of Bermuda's Ace (re)insurance group, has created two new divisions, Ace F...
New reinsurance head at Zurich
Zurich Financial Services of Switzerland has appointed a new global head of group reinsurance. Thomas...
Catastrophe bonds hit new record
The catastrophe bond market set a new record for issuance in 2002. Last year's figure of $1.2bn was u...