News
School arson figures prompt sprinkler campaign
New figures from Zurich Municipal reveal that the cost of school fires more than doubled in 2002 to a...
Allianz pilot gains credit
Allianz-Cornhill and Euler Trade Indemnity, which are linked through their parent, are looking to rol...
People: Legal
DLA Eamon Mooney has joined DLA as a partner, specialising in defending professional indemnity cla...
Time to move on?
As brokers try to save money by continuing to run their businesses on outdated legacy systems, they could be in for some nasty surprises. For their benefit — if not the customers', it is time they cut their losses and invested in new systems. Richard…
People: claim services
Axa Assistance UK Assistance solutions provider Axa Assistance has taken on Rachel Mulheron as busin...
Insurers warned on property
Insurers and small businesses were this week told to address the problem of long-term property damage...
Asbestos victims go back to court
Two cases that could have massive implications for UK insurers came a step closer to being resolved t...
Focus is on enforcement as FSA boosts budget
The Financial Services Authority is stepping up action against financial companies that continually b...
Max Re opens excess general liability unit
Max Re of Bermuda has set up a unit to write excess general liability insurance. The unit will be l...
Reinsurers lack capital, says Benfield
Capital shortages will make 2003 a tough year for reinsurance companies, according to a new report by...
Church fire
Methodist Insurance instructed Lucas Associates Loss Adjusters to handle a £1.8m claim, following a...
RSA puts broker plans on hold
The beleaguered insurer Royal & Sun Alliance has put its investment in brokers strategy on hold for a...
Opus and Peoples Choice set for spending sprees
Brokers Opus and Peoples Choice this week became the latest intermediaries to hit the acquisition tra...
There is no short cut to ACII, insists CII - despite exemptions for some...
I would like to reassure David Arimpur (ACII moves remove the shine from standards, Post Magazine, ...
A rich hunting ground?
A steady stream of new entrants have been attracted to the high and mid net worth markets. However as competition increases, some are discovering to their cost that expertise and quality are still the greatest assets in this sector, says Rachel Gordon.
SVB Holdings plans to sell shares
Troubled Lloyd's insurer SVB Holdings is planning to sell shares later this year, in order to reduc...
Adjusting the profession
George Moss, outgoing president of the Chartered Institute of Loss Adjusters, talks to Jane Bernstein about the challenges already faced by the sector and those ahead for his successor.
Putting the freeze on fraud
Although insurance companies record an estimated £1bn-worth of fraud each year, this is probably just a very small proportion of the total amount that lies beneath the surface. Mira Butterworth stresses that insurers must work together to give fraudsters…
Blue Mountain raises sights
Lloyd's new trading platform Blue Mountain intends to sign up several technological partners this y...
EC moves closer to inquiry
The European Commission was expected to move closer this week to investigating the UK government's ...
Appointment at Cox Insurance
Cox Insurance has appointed Paul Dodds and Colin Charles as joint managing directors of its busines...
12 years ago
As the UK ramps up for a possible war against Iraq, Post Magazine looks back 12 years to January 19...
Industry must hold nerve on premiums
The latest figures on personal motor rates, and their slowdown to 3.5% for 2002 (PM, 16 January) ar...
New India accelerates pull out under Giles
Insurer New India is in the process of cancelling a significant proportion of all policies placed b...