News
Shedding light on the recovery process
The faster an accident victim receives treatment, the greater their chances of recovery. And with the claims process being a key obstacle, the insurance industry needs to switch on to this idea, says Helen Hatchek.
India benefits as Pru relocates
Prudential is set to become the latest financial services company to relocate jobs to India, after ...
CII halts fall in membership
Sandy Scott, director general of the Chartered Insurance Institute, reported that the decline in me...
View from the Top - David Fleming, national secretary for financial
Back in February, when management consultant Accenture predicted that 20% of UK insurance jobs would...
Through the internet maze with Richard Griffiths
It is easy for multinational insurers to make a complete pig's ear of their web strategy. Balancing...
MEPs criticise Lloyd's regulator
The UK government's regulation of Lloyd's post-1973 did not meet European standards, according to a...
WTC: Silverstein appeals
World Trade Center leaseholder Larry Silverstein is to appeal against a legal ruling that the 11 Se...
Appointment at Primary
Primary Travel Insurance Services has appointed Simon Strong as managing director. He was formerly ...
Ace creates environmental risk unit
Bermudian (re)insurer Ace is setting up a unit in Philadelphia, US to write environmental liability c...
Bush calls for terror decision by Friday
US president George Bush has called for work to finish this week on a federal backstop for terrorism ...
Lloyd's aims for franchise operation by the year-end
Lloyd's plans to appoint a franchise director and create its proposed franchise operation by the en...
One or two?
Last year's World Trade Centre attack brought the perennial 'occurrence' and 'event' question back into the spotlight. Giles Kavanagh and Ralph Bankes look at a recent aviation ruling in the UK and at the English courts' increasingly unified approach to…
Nessi to launch D'Artagnan
Former chief executive of Axa Corporate Solutions Jean-Marie Nessi is reported to be seeking $500-7...
Energy insurers face deep water challenge
Energy insurers will have to cope with future oil exploration being carried out in much deeper wate...
Appointment at Le Mans Re
France-based reinsurer Le Mans Re, part of XL Capital, has recruited two specialist underwriters. T...
Time to take stock
Reinsurers may have been reviewing their investment portfolios, but most are weathering the dramatic declines in the stock market, says Richard Willsher.
London needs a make-over
There is widespread acceptance in the London market that significant change is needed to ensure fut...
Hold tight for more bumps
Rates are up and terms and conditions are tightening but the future is still not rosy for reinsurers. Vic Wyman hears the predictions.
Max Re will write traditional lines
Bermudian reinsurer Max Re is to move into the hardening traditional reinsurance markets because of...
Up in the air
The future of third-party aviation liability cover remains unclear and the aviation sector is suffering from more expensive and restricted cover, says Vic Wyman.
Market talks sense
Reinsurers have been paying the price for years of low rates and are now determined that cedants pay the right price for their wares. Janina Clark and Vic Wyman report on the preliminary renewal talks at last month's Monte Carlo Rendez-Vous.
Appointment at Allied World Assurance
New Bermudian (re)insurer Allied World Assurance continues to grow. Thomas McKevitt (right) joins f...
Rebriefs - WR Berkley
US (re)insurer WR Berkley has set up a direct casualty facultative reinsurance unit called BF Re Un...
Rebriefs - Swiss Re
Walter Kielholz is expected to step down as chief executive of Swiss Re by the time he becomes chai...