Regulation
Lloyd's capital sets record.
Lloyd's (re)insurance market will have a capacity of £12.3bn ($17.6bn) in 2002; the highest figure e...
US courts set precedents.
Our old friend Unicover popped up again in US courts in the past year, but Michael Knoerzer, Larry Schiffer and Stephen Kennedy of law firm LeBoeuf, Lamb, Greene and MacRae also found plenty of other important judgements.
Bermuda has new watchdog.
The Bermuda Monetary Authority is to take over the regulation of the island's (re)insurers from the ...
Rising expectations.
The Spanish insurance market is thriving and offers plenty of untapped potential for foreign reinsurers, says David Fanning.
Baldwin joins AWAC.
Ex-Chubb Europe senior vice president Michael Baldwin has been appointed to manage the London office...
ABI rejects calls for insurers to step into breach.
The Association of British Insurers has rejected calls for insurers to step in to fill any gap in co...
FSA supports Equitable deal.
The Financial Services Authority has given its backing to a compromise deal to cap liabilities at tr...
GISC defeat is a boost for credibility.
May I congratulate Andrew Paddick on his achievement and trust he enjoyed his moment of glory, havin...
Market livelier in 2000, says Swiss Re
A booming life insurance market, partly a result of the shift from public to private pension provisio...
Aioi expects reinsurance loss of up to ¥97.9bn
Japan's Aioi Insurance expected to make a reinsurance loss of up to ¥97.9bn ($796m) in the current ye...
In deep water.
As the UK braces itself for more floods this winter, Richard Adams looks at the important role of contingency planning in reducing the potential damage businesses could face.
Appointment at Axa Sun Life.
Axa Sun Life has appointed Tim Waterlow to the newly-created role of head of third party distributio...
CEDR in FSA deal.
The Financial Services Authority has chosen mediation specialist CEDR Solve to develop the first ind...
Irish Re for Scor.
French reinsurance giant Scor is to set up a reinsurance vehicle in Dublin. Irish Reinsurance Partne...
Skiing on the net.
The Ski Club of Great Britain has joined forces with insurer Primary International to offer travel p...
Class action against PIAOB.
Law firm Halliwell Landau is seeking support for a class action on behalf of potentially hundreds of...
FSA details regulation plans.
The Treasury this week published The Future Regulation of Insurance, which outlines the plans and pro...
Enron collapse sparks worries.
The collapse of energy giant Enron could cost the insurance industry $2bn, with directors' and offic...
Guidelines for solvency noted by their absence.
I have just trawled the Interim Prudential Sourcebook: Insurers for some kind of guidance from the F...
View from the top - Paul Spencer
Paul Spencer, UK chief executive Royal & Sun Alliance. Much has been said and written this year abo...
What the Papers Say.
The Sunday Times A British tourist, who was savaged by a dingo during a holiday in Queensland, is...
AM Best Downgrades Rating of CTR
The A- (Excellent) rating on Compagnie Transcontinentale de Reassurance (CTR), Paris has been downgra...
Scor creates Dublin reinsurer
French reinsurance giant Scor is to set up a reinsurance vehicle in Dublin. The company, Irish Rein...
Copenhagen Re ceases underwriting
Copenhagen Re has stopped writing business, making it the first reinsurance casualty of the terrorist...