Benfield announces transparency move

Benfield has announced that as of January 1, 2005, all US property & casualty treaty cover notes will fully disclose Benfield's compensation.

The company also announced the 2005 launch of a formal policy to disclose to its reinsurance customers all material relationships that Benfield has with the customers' reinsurers.

Rod Fox, chief

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ABI insists fire safety scheme is temporary

Mervyn Skeet, the Association of British Insurers’ director of general insurance, has outlined how the trade body will ensure the Fire Safety Reinsurance Scheme will only last three to five years, and how it will should end criticism of brokers earning commission for arranging cover.

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