Regulation
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...
Adjournment debate on Independent
The government faced its first grilling over the collapse of Independent Insurance this afternoon whe...
Defence strategy.
Germany is following in the UK's footsteps on pensions. Europe's leading economic power is now trying to defuse the demographic timebomb that is set to explode the state pension system and is searching for alternative provision, says Keith Sankey.
Not such a gay life.
Tory leadership candidate Michael Portillo has confessed to homosexual experiences while at Cambridg...
Fifty turned down Misys.
Despite an investment of £19m, Misys has closed its business to consumer online sites Screentrade an...
Capital acquisition.
US giant GE Capital plans to acquire UK insurer National Mutual for £570m. The company is also looki...
EMB insurance move.
Actuary English Matthews Brockman has set up a company to develop and market general insurance actua...
Liabilities hit the roof.
Matalan v Tokenspire Properties and others (Technology & Construction Court - 18 May 2001) The ...
MP queries FSA role.
The adequacy of the collaboration between the Treasury and the Financial Services Authority, in light...
FSA Solves problems.
The Financial Services Authority has appointed the Centre for Effective Dispute Resolution's subsidi...