Regulation
EC wants nuclear liability authority.
The European Commission (EC) has told the member states of the European Union (EU) that it rather th...
Positive player.
Wendy Baker, president of Lloyd's North America, tells Marcus Alcock that, despite the losses stemming from 11 September, she is optimistic about the future for Lloyd's in the US market.
Non-life lacks vigour.
Company collapses, failed mergers and deregulation have all hit the Japanese non-life direct market, but there are opportunities for reinsurers, reports Jeremy Golden.
Liability cover gets critical.
The reduction in terrorism (re)insurance available since last September's terrorist attacks in the U...
Aliens seek US change.
Foreign reinsurers writing business in the US could be relieved of the onerous funding requirements ...
Chubb downplays interest in Lloyd's.
Marcus Alcock reports from last month's 40th Risk and Insurance Management Society (Rims) conference in New Orleans.
Gerling rethinks.
Gerling Global Re (GGRe) expects to announce a significant restructuring this month to enable it to ...
Acquisitions boost XL Capital's Q1 premiums
Bermudian (re)insurer XL Capital has reported a net profit of $89.5m for the first quarter of 2002, a...
IUA announces board changes
The International Underwriting Association of London (IUA) has appointed Carl Bach, senior vice-presi...
FSA set to resist regulatory extension.
Moves to include travel agents, motor and electrical retailers under the regulatory regime for gener...
Insurers need realistic approach to training.
There is a direct relationship between well-trained staff and the level of their performance - and, ultimately, the success of their company. So why, asks Jonathan Clark, is the insurance industry still lagging behind on training?
Riley to quit CNA Re.
Stephen Riley, managing director of troubled reinsurer CNA Re UK, is to leave the company at the end...
Short-term mindset remains rife.
Insurers and brokers should not pretend their needs are in tune. They must be honest and open at t...
Law Reform: today's proposals, tomorrow's costs.
16 May 2002 - The Insurance Hall The civil justice reforms have major implications for the insuran...
Bupa upbeat over Wanless.
Private healthcare company Bupa has reported a surge in sales across its insurance and hospitals bus...
The great rate debate.
The long-running saga concerning the level of discount rates, which judges use to cut the lump sum damages given to claimants, finally looks to have reached a plateau. Nick White traces the progression of the legal argument through to the present…
Appointment at Prudential.
John Worth has been appointed by Prudential UK as the head of risk, UK and Europe. He joins the comp...
Prudential is talking to banks in the UK ...
Prudential is talking to banks in the UK about possible bancassurance links, having reported strong ...
Lloyd's 11 September claim gets US approval.
US regulators have approved Lloyd's' estimate of $8bn (£5.5bn) in gross claims from the 11 September...
Primary acquires UK health arm.
Primary Group has acquired independent healthcare consultancy Health for Industry for an undisclosed...
Pensions directive to benefit UK.
Simon Gentry looks at the impact on insurers of the European Union Occupational Pensions Directive.
Liddell outlines progress in Chester Street payments
Significant progress has been made on the processing and payment of claims for sufferers of asbestos-...
AM Best maintains Lloyd's rating
Rating agency AM Best has maintained its 'A-' (excellent) rating of Lloyd's, despite the market's lo...
Careless talk can cost insurers dear.
The authorities are coming down hard on companies they suspect of any form of cartel-like behaviour. Maggie Litster considers the implications of this for the insurance industry and looks at what can be done to avoid falling foul of the competition…