Regulation
Computer Sciences Corp predicts increase in IT security
IT consultancy Computer Sciences Corporation has predicted a strong increase in demand for IT secur...
Fair and square over care
With the increasingly colossal amounts of money involved in catastrophic injury claims, establishing the level of care necessary and who should foot the care bill - a large part of the damages awarded - is vitally important, says Philip Tracey.
Insurance focus as jobs axed
IT consultancy Michaelhouse is set to wind up its non-insurance business. The company said it plann...
Penny Black's insurance week
Penny feels somewhat sorry for those boys and girls on the financial side of PR firm Weber Shandwic...
Full implications not yet appreciated
General insurance brokers do not yet appreciate the full implications of the new regulatory regime ...
Claims: FSA plays hardball
Insurance companies could face fines or alternative disciplinary action unless they improve their cur...
FSA must not penalise charity
Regulating insurance strives to alleviate risk for the consumer, but David Hoyle wonders if is it a catch-22 situation, as the FSA's plans could actually reduce rather than increase access to affordable insurance for some sections of society.
Holmans launches online binding system
Lloyd's broker Holmans has launched a web-based binding authority administration system for underwr...
Lloyd's faces Volvo claim as vehicle carrier sinks
The UK Protection & Indemnity Club could face a payout of £65m as insurer of the Bahamas-registered...
DWP's review findings to get spring airing
The results of the Department of Work and Pensions employers' liability review, mentioned by the Ch...
The strain in Spain
The Spanish life market is currently experiencing growth, however, profitability is under great strain - mainly due to past performance and falling equities. Rainer Helfenstein explains the reasons behind the state of the sector.
CFA: time for negotiations
Many insurers are blaming the no win, no fee industry for the ramping of compensation costs. Mark Langford believes it is time they came to the negotiating table.
Feeling the heat
Along with the liability crisis, regulation, flooding and long-tail losses, the hot topic this year has been the fall in investment returns, which has hit capacity in the market hard and seen underwriters burnt. Hugo Cranmore examines how the industry…
Life can only get better
This year saw the life balloon burst as insurers watched the huge reserves they amassed in the late 1990s disappear almost overnight in the post-11 September stock market slump. With consumer confidence flagging due to the Equitable debacle, stakeholder…
Brokers need regulatory help
Misys Insurance Management has warned that many brokers now "need to move fast" to prepare for regula...
Capital idea
The £14.25bn for Lloyd's capacity in 2003 represents a record figure for the market. But where will it come from and will it be enough to sustain the market in the long term? Carmine Papa reports.
Gerling sells off reinsurance
The German (re)insurer Gerling plans to withdraw from the reinsurance market by the end of 2002 thr...
Marine insurers oppose plan
Marine insurers and brokers are opposing a plan by the International Maritime Organisation (IMO) to...
Premium growth slows
A new report from Swiss Re shows just how hard the world's insurers were hit by claims and stock market turmoil in 2001. Ulrike Birkmaier and Camille Codoni crunch the numbers.
Struggling ERC faces sale
The future shape and ownership of GE Employers Re (ERC), the world's fifth largest reinsurer, is un...
Paul Howard expected to be new chairman of Institute of Risk
Paul Howard, risk manager at Sainsbury's, was yesterday expected to be voted as the new chairman of ...
FSA looks to impose the unbundling of premiums
Despite suggesting that commission disclosure may not be necessary, the Financial Services Authorit...
Endurance reveals UK strategy
The UK-based arm of Bermudian insurer Endurance Speciality Holdings has officially started trading ...
Penny Black's insurance week
Good things come to those who wait. This week Post Magazine was inundated with faxes from the Finan...