Regulation
Harbouring a conference
Global Report
Chaucer signs five-year licence agreement
Lloyd's insurer Chaucer has signed a five-year licence agreement to use Claims Outcome Adviser from ...
UK CEOs must act to stop history repeating itself
I was struck by Peter Matson's 'View from the Top' (PM, 29 July, p11). From my own experience during...
BMA issues new regulation report
The Bahrain Monetary Agency (BMA) has issued a consultation paper, setting out proposed rules and guidance on reporting requirements for insurers and enforcement measures.
Belmont and Bishop create largest independent broker in Kent
Belmont Insurance Holdings, parent company of Belmont International brokers, has acquired Bishops, creating what it claims is the largest independent insurance broker in Kent, controlling over £60m worth of premium income.
Scor planning to move forward
Following their consolidation over the last few years Scor have set out two key objectives for their three year ‘Moving Forward’ plan (2004-7). They are looking to provide clients with an “A” level of security over this period and they also want to…
IRM unveils exhibition plans
The Institute of Risk Management has unveiled the first details of its inaugural education exhibitio...
AM Best Co downgrades Converium
AM Best Co has downgraded the financial strength rating of Converium AG (Switzerland) to B++ (Very Good) from A- (Excellent) and the company’s issuer credit rating to “bbb” from “a-”.
Cybersettle ready to pilot in UK
Blind-bidding dispute resolution company Cybersettle is understood to be weeks away from sealing its...
Adjusters to access wordings site
The Chartered Institute of Loss Adjusters is to offer its members access to Xchanging's Market Wordi...
Russian air disaster highlights terror risk
The tragic downing of two Russian aircraft last week has once again highlighted the major risk of te...
Cancer scare: ABI mulls code
Private medical insurers promised action this week after a research paper alleged they have misled c...
Trial and error
Clinical Trials
Claims body codes now ready for consultation
The Claims Standards Federation is set to release its final draft codes of practice for the claims m...
S&P lowers Converium subsidiary rating
Standard & Poor's (S&P) has lowered its long-term counterparty credit and insurer financial strength ratings on US-based reinsurer Converium Reinsurance (North America) (CRNA) from A- to BB+.
New MD at Omni Whittington London market division
Omni Whittington Group has appointed John Halls as the new managing director of Omni Whittington Insurance Services.
Unsettled outlook
Latin America
Brown & Brown sign up for Catex Pivot Point system
The Catastrophe Risk Exchange International (Catex) has announced that Brown & Brown Re, a reinsuran...
Wait and see for global aviation market
An new report by Aon suggests that the aviation market may harden towards the end of the year as exposure keeps increasing
New chair for IUA Committee
The International Underwriting Association (IUA) has appointed a new chairman for its Marine Technic...
It's not a question of luck
There's no mystery to avoiding contracts and claims disagreements. Most reinsurance disputes are distressingly commonplace and easily avoided with some communication, agreement and forward planning
Tsunami threat to eastern seaboard 'not being sufficiently researched'
Inadequate funding for the accurate monitoring of a crumbling volcano in the Atlantic could lead to ...
Keen to comply
A new report offers a view on what companies are thinking when it comes to operational risk management