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...
ABI acts to clean up payment protection
Consistent Interpretations - a new initiative from the Association of British Insurers - has this w...
View from the Top - Pierre Lefevre, chairman and chief executive
By the time you reach middle age, they say, you have the face you deserve. Our industry has man...
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.
Insurers unprepared for EU rules
Listed insurers are ill-prepared for the introduction of new accounting standards, which will force t...
Small insurers face biggest asbestos risk
Small specialist insurance companies will be the most affected by asbestos losses - not the big pla...
Over 1000 brokers set to quit ahead of FSA regime
Over a thousand brokers are expected to disappear before the onset of the new Financial Services Auth...
Europe wants mixed cover for satellite system
The European Union (EU) is today likely to take the next step towards setting up a global satellite n...
Ugandans back first domestic reinsurer
A new domestic Ugandan reinsurer could be doing non-life business by the end of the year, after att...
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.
Rebriefs - Moody's downgrades Copenhagen Re
Rating agency Moody's has downgraded from 'Caa2' (very poor) to 'Ca' (extremely poor) its financial...
Gerling faces crisis over reinsurer sale
The future of the crisis-hit reinsurance operations of the Gerling (re)insurance group of Germany h...
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.
Fear the Greeks, as they bring risks
Professor Ortwin Renn has devised a classification system based on Greek mythology to make systemic risks easier to manage. Adrian Leonard does his Greek homework.
Accounts come under scrutiny
Craig Morton and David Abbotts explain what International Accounting Standards (IAS) mean for non-traditional reinsurance.
Ways to ensure smooth running
With perhaps $400bn of (re)insurance business in run-off worldwide, the expertise required to manage run-offs successfully is finally being recognised. About time too, says Tony McMahon.
German court backs Gerling reinsurance sale
A Frankfurt court has found that the German financial regulator has no right to block the proposed sa...
Fixed fees RTA regime delayed due to infighting
The introduction of a radical, new fixed-fees regime for road traffic accident cases up to £10,000 ...
Straight to the core
The issue of insurance investigators has come under scrutiny recently, with a few rotten apples seemingly spoiling the reputation of this group. The introduction of a strict regulatory framework has been mooted to get to the heart of the matter. Seamus…