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Regulation

Woolf fails to bite on costs

The introduction of the Woolf reforms some three years ago, to speed up what had become a cumbersome set of procedures, saw massive upheaval for the UK's civil justice system. However, for insurers, reality has not matched aspirations, says Marcus Alcock.

High state of alert

As fears grow across the aviation sector, following heightened political tension around the world, risk management and loss prevention have become vital. Eric Alexander examines the latest initiatives to combat the exposures.

Appointment at Aon

Aon has launched a new risk management consulting operation in Switzerland - IRMG (Switzerland). Th...

Facing up to the liability question

The Association of British Insurers is firmly focused on finding some sort of solution to the employers' liability crisis. Anthony Gould talks to John Parker, head of general insurance, about where the industry is now and where it wants to be.

A little discipline goes a long way

It is now time for insurance companies to take positive action. With the dramatic increase in risks - and claims - the industry must ensure its product is priced at the right level and that risk management is pushed high up on the agenda, says Rachel…

The dragon stirs

With colossal growth forecast for the Chinese (re)insurance market, and post-WTO liberalisation opening up the country, foreign (re)insurers ignore China at their peril, warns Dr Kai-Uwe Schanz.

Closeness is a necessity

US (re)insurers have woken up to the fact that they are not favourites of the federal government, but there is plenty of argument over whether a federal regulator would help them get closer to the Capitol, says Patricia Vowinkel.

Offshore life appeals more and more

The 'Triple-X' reserving requirements in the US have boosted demand for offshore life reinsurance solutions, and a second wave of interest is rolling in. Adrian Leonard reports.

Two sides of the same coin

Jessica McCallin finds less distance between (re)insurers and investment bankers than each would like to think, as their respective markets increasingly compete, co-operate and in some cases converge.

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