Regulation
A European union.
Second only to the US, Europe would seem to represent a formidable insurance market and moves towards supranational legislation for a single industry look set to cement this. However, markets within individual countries vary greatly, with some telling a…
FSA urged to rethink over status
Several key industry representatives are urging the Financial Services Authority to think again ove...
Assessors aim high.
As the market hardens and the old rivalry between assessors and adjusters diminishes, assessors - in particular - are seeking to raise their game, says Richard Adams.
The FSA has places available at half-day events
The Financial Services Authority still has places available at its series of half-day events around...
Chartered broker status must remain on industry's agenda
The news that the Financial Services Authority is unlikely to opt for a universal system of accredi...
Amlin's 2001 gross written premium
Lloyd's insurer Amlin's 2001 gross written premium was £634m in the six months to 30 June 2003, up ...
Breach of the Disability Discrimination Act
More than one million small businesses are risking a breach of the Disability Discrimination Act un...
Premiums for vessels in Yemen reduced
The London market has agreed to reduce premiums for vessels in the Republic of Yemen, following a r...
Audatex and ClaimWatch develop web-based tracking system
Claims solutions providers Audatex and ClaimWatch have developed a web-based tracking system to sav...
View from the Top - Francois-Xavier Boisseau, managing director
Can it be true? Have we really set off along the road to ruin once again? Is it possible that w...
London market premiums soar.
The International Underwriting Association's quarterly underwriting figures for premiums received an...
State of M&A play.
All the signs are that the broker sector is about to take the mass consolidation ball and run with it. However, impending Financial Services Authority regulation is causing some acquisitive companies to play the waiting game. Ralph Savage reports on the…
Police deal fails to deliver.
Service level agreements, with time frames for police forces to respond to insurer information reque...
Spanish duo buys Gerling stake.
Two Spanish companies are to take a stake in Gerling NCM Credit and Finance, following a restructuri...
Allianz processes all flood claims.
German insurer Allianz has finished processing nearly all the claims related to the pan-European flo...
ABI keen to pursue investment sector synergies.
The Association of British Insurers, which this time last year abandoned plans to merge with the Bri...
Gear up for risk-based compliance.
The Financial Services Authority's calls for the industry to comply with risk-based regulation by September next year has forced operational risk to the top of everyone's agendas. While the requirements may look daunting, Sarah Saltzman says it is not…
Scor's premium drops in first half
Paris-based reinsurer Scor's gross premium income fell 18% year-on-year in the first half of 2003, fo...
2002's Top 25 Reinsurers Ranked by non-life net written premiums
(A) Net written premiums (NWP) 2002 ($m) (B) Change in NWP 2001-02 (%)1 (C) 2002 retrocession...
Back to basics
Faced with the crippling losses of 2001 and dwindling investment returns, reinsurers in 2002 were forced to refocus on their underwriting. Janina Clark looks back over the year and analyses Reinsurance's exclusive reinsurer rankings.
Conflicting calculations
Many European (re)insurers are less than happy with proposed new accounting standards. As John Sanders discovers, they fear the proposals will result in greater volatility and a missed opportunity to create a global reporting regime.
A new tool.
There is a new tool in the tool kit for restructuring (re)insurers in the UK; insurance business transfers. Richard White undoes the nuts and bolts.
Ringing the changes
The franchise concept will mean a revolution at Lloyd's, as great perhaps as the introduction of corporate capital in the 1990s. Robert CB Miller assesses its chances of success.
In this month's Reinsurance
The first rankings of the world's top reinsurers based on 2002 results. Exclusive listings and a...