News
BIBA meets with DTI consultants
The British Insurance Brokers' Association met with Department of Trade and Industry-appointed cons...
NU looks to go solo on recovery
Breakdown service provider the RAC looks set to be dropped by Norwich Union, which has launched its o...
Concerns raised over 2003 profits
The European insurance industry can expect to return to profitability in 2003, though serious quest...
Penny Black's insurance week
Christmas is supposedly the season of goodwill, though perhaps someone should mention that to those...
Windsor poised for organic growth
London-based broker Windsor claims it is poised for strong organic growth in 2003, following pretax...
Market capacity for 2003 biggest in history
Lloyd's chief executive Nick Prettejohn has announced that the market's capacity for 2003 will be a...
Lloyds TSB shakes up panel
Lloyds TSB Insurance is set to make an announcement regarding its loss adjusting panel at the start...
Rates will not rocket in wake of Ariane crash
Premium rates in the satellite insurance market will remain high, but unchanged, following the deva...
Forum of Insurance Lawyers "delighted" by common ground
The Forum of Insurance Lawyers said this week it was "delighted" by the "common ground" reached by ...
Feeling the heat
Along with the liability crisis, regulation, flooding and long-tail losses, the hot topic this year has been the fall in investment returns, which has hit capacity in the market hard and seen underwriters burnt. Hugo Cranmore examines how the industry…
Life can only get better
This year saw the life balloon burst as insurers watched the huge reserves they amassed in the late 1990s disappear almost overnight in the post-11 September stock market slump. With consumer confidence flagging due to the Equitable debacle, stakeholder…
Report by Datamonitor
Direct writers, banks and insurers with no connection to the travel industry have faired better tha...
ABI submits credit hire agreement to OFT
The Association of British Insurers has submitted its third-party credit hire agreement to the Offi...
EL: government plan criticised by MPs
The Liberal Democrats have called for a thorough analysis of the existing employers' liability land...
Bain report comes under fire
Insurers have dismissed suggestions in the Bain report on the future of the fire service - that the...
US group aims to be major UK player
US specialty insurance group HCC is set to make a push into the UK market, where it hopes to raise pr...
Brokers need regulatory help
Misys Insurance Management has warned that many brokers now "need to move fast" to prepare for regula...
What the papers said this week
THE EXPRESS Former royal butler Paul Burrell may not be able to claim an insurance payout over ...
Capital idea
The £14.25bn for Lloyd's capacity in 2003 represents a record figure for the market. But where will it come from and will it be enough to sustain the market in the long term? Carmine Papa reports.
Appointment at Lloyd's
Rolf Tolle, chief underwriting officer and a board member of the Faraday Group, has been named by L...
Government action expected
One of the recurring themes of 2002 has been compensation - in particular the increasing cost of it...
Harris quits Axa for Lloyd's
AXA this week became the second top-five UK insurer in three months to lose its head of claims. In Se...
Fraud boss rejects the "Poirot" approach
I read with interest Kevin Roberts' letter (Changes to fraud laws, Post Magazine, 12 December, p8) ...
Scor restructures
Scor plans to scale back its underwriting in the US and Bermuda and in unprofitable lines by 10%, o...