Regulation
TiG close to sealing £115m bid for MTW.
Consultancy and software provider The Innovation Group is poised to complete the acquisition of MTW,...
Stop before it's too late.
Regulation, regulation, regulation. This could well turn out to be a mantra that will come to haunt t...
Insurers defeated.
Facultative reinsurers this week won back the claims pen from insurers following a landmark Court of ...
Who will pay the bill?
The collapse of Independent has led to inevitable concerns over who will pick up the pieces. Jonathan Davies explains what the longer term knock-on effect could be.
Injury rate blow.
The government's decision to lower the discount rate on damages awards, costing insurers millions of...
PwC at Commons.
The liquidators from PriceWaterhouse Coopers will face the All Party Parliamentary Group on Insuranc...
Lloyd's analysis shows disparity.
Lloyd's recent severe losses - estimated to be some £3.3bn for the period 1998-2001 - mask a substan...
La Dolce Vita for Hammond Suddards
Law firm Hammonds Suddards Edge is to merge with Italian firm Rossotto e Associati on 1 January 2002....
Penny Black's insurance week.
The boys and girls from Independent seem to have been taking a leaf out of DJ Chris Evans' book late...
Jobs created.
Up to 450 jobs are to be created in County Donegal, Ireland, by the Prumerica company, a division of...
GISC to lead to FSA regulation.
Insurers believe the move to self regulation under the General Insurance Standards Council may be an ...
Litigation hub for PI claims.
City-based insurance law specialist Vizards Staples & Bannisters and Dartford-based law firm A E Wye...
Plan to unravel the LMX spiral.
It should be clear by now if enough reinsurers have agreed to back a plan to rescue them from the pro...
Good news and bad.
As one problem appears close to being solved so another one surfaces. First the good news. Grant Th...
Be careful on cut-throughs.
Following last month's article on enforcing cut-through provisions, Peter Chaffetz and Steven Schwartz warn reinsurers to watch out for other issues that can arise when they grant cut-through rights.
Willis denies sale rumour.
The world's third-largest insurance broker, Willis, has denied any justification for suggestions that...
Ratings come under scrutiny.
Until recently, everyone in Lloyd's shared the same credit profile. The recent decisions by rating companies to give individual syndicates their own ratings are not universally popular. Adrian Leonard reports.
Europe ups income 8%.
The European insurance industry increased its income by 8% in 2000 to EUR788bn, following a 10.2% in...
Life support.
The Japanese life market may be volatile but Axa is not regretting its decision to take over Nippon Dantai. Jeremy Golden reports.
Tokio story.
Jeremy Golden finds that Japan's leading non-life insurer, Tokio Marine and Fire, has been reassessing its approach to reinsurance as it faces up to deregulation of the local insurance market.
Points of reference.
John Butler considers a case in which a European jurisdiction could not be assumed, despite the words of the contract.
Non-life gets a shake-up.
Japan's non-life market has had its fair share of problems; deregulation, a spate of natural disasters, increased car theft and much more. However, Jeremy Golden sees some signs for optimism.
New chairman and strategies at IUA.
Stephen Cane (pictured), chief executive of reinsurer Alea London, has succeeded Tim Carroll as chair...
Danish Re combines business.
Denmark-based reinsurer Danish Re is to combine its Lloyd's business, Danish Re Syndicates, with the...