Regulation
Honest claimants have little to fear over cognitive interviews
Detica's Richard Love is misguided if he feels that honest claimants are dropping their claims becau...
Sleeping satellite
Space & Satellite
FSA warned over broker levies
The Institute of Insurance Brokers has threatened to take the issue of brokers paying a compensation...
S&P downgrades Gothaer Re
Standard & Poor's Ratings Services (S&P) has lowered its counterparty credit and financial strength ratings on Germany-based reinsurer Gothaer Rückversicherung AG (Gothaer Re) from 'A-' (strong) to 'BBB' (good).
XL gets Poland licence
XL Insurance Company (XLICL), part of XL Capital (XL), has received permission from KNUiFE, the Polish Insurance supervisory body, to carry out insurance activities in Poland. Following formal registration by the National Court of Poland the Polish…
Medniuk new chairman of IUA
The International Underwriting Association (IUA) has appointed Tony Medniuk as its new Chairman. Mr Medniuk is group chief executive of Global Aerospace Underwriting Managers. He takes over from Stephen Cane, chief executive of Alea London who has held…
Axa group CEO confirmed for CII role
Henri de Castries, president of the management board and CEO of Axa will address the 2004 UK Insurance and Financial Services Conference.
IIB slams FSCS broker charges
The Institute of Insurance Brokers has hit out at the Financial Services Authority's Consultation Paper 04/04, stating that it is "totally opposed to the FSA proposal that the level of general insurance mediation compensation should be the same as…
Swiss Re publishes direct insurance industry report
The direct insurance industry is on the road to recovery with further progress expected this year, according to Swiss Re's latest sigma study.
Xchanging to consolidate its London operations
Xchanging is to consolidate all of its London operations into a single site at 34 Leadenhall Street....
GI market outgrows life
The number of insurance companies in Europe has remained stable at around 5000 and general insurance...
FSA indecision makes a mockery of regulation
While most of England is currently riding the roller coaster of emotions that is Euro 2004, it appea...
Reject insurer work warning
Motor Insurance News
Airmic dealt FSA regulation blow
The Association of Insurance and Risk Managers has said it is less confident of avoiding Financial S...
Insurers back new working group
Insurers have backed the Association of British Insurers' independent working group on HIV and insur...
Efforts to reform the London insurance market
Efforts to reform the London insurance market are beginning to be recognised by the sector's interna...
Ringing the changes
Lloyd's Regulation
Insurers warned over risk controls
European insurers have been warned they must take the European Union's forthcoming Solvency II regul...
Roomarkable premium hikes?
The cost of insuring Wayne Rooney against injury is unlikely to rocket, despite the England striker'...
Caught in the act
Legal Comment
Swiss Re renews BFIS pledge
Swiss Re has renewed its $100,000 funding pledge for the Bermuda Foundation For Insurance Studies (BFIS) scholarship programme over a further five years.
General insurance growth at 5.3% across EU
The number of insurance companies in Europe has remained stable at around 5000 with general insurance premiums rising by 5.3% in 2003 despite the trend towards concentration, according to Gérard de La Martinière, president of the Comité Européen des…
Market reform bringing positive reaction, says IUA chairman
Efforts to reform the London insurance market are now beginning to be recognised by the sector’s international clients, Stephen Cane, chairman of the International Underwriting Association has said.
Weakening prices impacts reinsurers, claims S&P panel
Insurance companies are going to find reinsurers less and less reliable as pricing weakens in the US property/casualty market, panelists at Standard & Poor's Ratings Services Insurance Conference warned last week.