Regulation
Brokers may be liable after Aneco.
Brokers could face millions of pounds in liability claims, after the House of Lords ruled in favour ...
Government criticised over LTC regulations.
Insurers and analysts have criticised the government for ignoring the critical illness and income pr...
Fraud questions.
Several people have been questioned by police over allegations of fraud at the London head office of...
Flight control.
This week, the government extended its scheme to help airlines meet the cost of insurance against war and terrorism in the wake of the US attacks. Dave Matcham explains insurers' role in keeping the airlines flying.
Names must stump up extra £786m.
Lloyd's Names have been asked for £786m ($1.1bn) to cover expected losses in the market and to boost...
Hart Re pulls back to US.
US (re)insurance group The Hartford has put its non-US reinsurance business - worth $150m of annual ...
Reinsurance passport' directive soon.
A draft directive to set up a 'reinsurance passport' to allow reinsurers to trade more freely around...
NAIC u-turn on Lloyd's funding
Lloyd's will have to find extra funds to lodge in its trust funds in the US following the surprise re...
Rebriefs - Swiss Re New Markets.
Swiss Re New Markets has launched forced outage insurance for North American power generators. The c...
Rebriefs - The Comite Europeen des Assurances.
The Comite Europeen des Assurances has received first responses to its questionnaire on terrorism co...
Rebriefs - Royal & SunAlliance.
Royal & SunAlliance (RSA) has temporarily suspended its inwards reinsurance underwriting while it re...
Attack losses 'disappear'.
Up to $6bn of the losses from the 11 September attacks could 'disappear' from (re)insurers' financia...
Caribbean seeks reinsurance cut.
The Insurance Association of the Caribbean (IAC) is to try once more to get its insurer members to r...
Expensive declarations.
Declaratory judgement actions can be costly, so who foots the bill? Peter Chaffetz and Steven Schwartz investigate.
Tradition fights changes.
As reinsurers reel from the US terrorist attacks, many will view Italy as a quiet, traditional backwater, but, explains John Sanders, that does not necessarily make it an easy country for reinsurers to do business in.
Bermuda gets supervisor.
Bermuda has created the new position of supervisor of insurance as the first move towards creating a...
Pru in Korean swoop
UK insurer Prudential has acquired the multi-distribution based Korean life insurance YoungPoong Life...
Bupa: Long term regulation plans don't go far enough
Bupa has welcolmed the today's Treasury announcement that the selling and marketing of long term care...
Fraud allegations lead to arrests
City of London police have made of number of arrests in connection with allegations of fraud involvi...
Top marks?
The life industry is trying to regain some of its lost credibility, and believes this week's introduction of quality marks for brands is a step in the right direction. Anthony Gould talks to John Cox, chief executive of the PPIAB, about its new…
House of Lords verdict could cost brokers millions
Brokers face millions of pounds in liability claims after the House of Lords ruled in favour of Anec...
In a day's work?
Incidences of violence in the workplace are rising, with employers under increasing pressure to protect their staff and also reduce the risk of costly liability claims. Juliette Shaw explains.
Pensions victims to receive top-ups.
The Financial Services Authority last week gave the green light for thousands of victims of the £14b...
Regulation costs could soar.
Insurers could be forced to pay out twice for regulation, following the stalling of the General Insu...