News
Direct Line cashes in on uncertainty at RAC.
Frantic merger activity in motor breakdown recovery has resulted in booming business for recent mark...
The smaller they come the harder they fall.
Japan's financial deregulation 'Big Bang' is proving to be a damp squib for some of the country's me...
PCS acquires VCA to reign in claims.
Loss adjuster Property & Casualty Services (PCS) has acquired claims investigation, surveillance and...
Luck of the Irish eluded some in '97.
The Irish Insurance Federation's life and non-life member companies suffered a year of sharp contras...
Mixed results for Exel.
Bermudian insurer Exel has reported a 12% rise in net operating income to $96m for the second quarte...
The climate debate hots up.
A group of (re)insurers is leading the way in international efforts to arrest harmful climate change. Dr Bernd Schanzenbacher reports.
Moody's buys Surl.
Rating agency Moody's has bought Lloyd's analyst Syndicate Underwriting Research Limited from Lloyd'...
Global premiums remain steady.
Global insurance premiums increased by just 1% in real terms in 1996. According to Swiss Re's lat...
Willis in Italy.
Broker Willis Corroon has acquired a 50% stake in leading Italian broker Gruppo Ital Brokers. Ital B...
Hard selling in the soft market.
US reinsurers continue to perform well, but rates just keep on falling. Alex Beatty reports.
War risks on land.
Insurance against war risks on land for goods in transit is now available in the London market for t...
Met Life expands in SE Asia.
US insurer Metropolitan Life has continued its expansion in South-east Asia with a $1bn combined loa...
Promotion for Fiore.
Australian reinsurer Sydney Re has promoted James Fiore to senior vice-president and chief underwrit...
Moderation in all things.
Last month saw the first Liberty Re debate take place at the Merchant Taylors' Hall in the City of L...
Fishers gets ITS.
UK insurance services provider Fishers Group is to acquire specialist engineering loss adjuster IRIS...
Caught over a barrel.
Jeremy Golden assesses the prospects for (re)insurers in a rapidly changing oil market.
The brownfield boom.
Elizabeth Keefe reviews the development of the environmental impairment liability market in the US.
Khwaja promoted.
Veteran reinsurance underwriter Farooq Khwaja has been appointed general manager of Arig Reinsurance...
Cash for Stockton.
Michael Cash has joined Bermuda-based finite risk specialist Stockton Re as vice-president. Mr Cash ...
Lightening the load.
With the need for efficiency paramount in the current soft market, brokers should consider the benefits of outsourcing, argues Nick Eddery-Joel.
Latin appointments.
Latin American Re has appointed Clarke Castelle as senior facultative underwriter working in its Ber...
Settling the matter.
Matthew Allen explains why the 1996 Arbitration Act has proved largely successful.
US pollution law in a mess.
There is no relief in sight for (re)insurers from claims for clean-up costs under Superfund, reports Valerie Fogleman.
Ace buys into more of Lloyd's.
Bermudian insurance group Ace has continued its expansion at Lloyd's with the acquisition of Tarquin...