Regulation
Asbestosis victims to get 90% of their compensation awards
Asbestos campaigners in Scotland have welcomed the governement's announcement that victims and their ...
FSA to take tough line on life and pensions sector.
The Financial Services Authority will be prepared to take tough action where necessary, said its dir...
A matter of principles.
Although the London market attracts a lot of business from US reinsurers, the consensus among UK insurers is that it must get its act together to maintain its edge. Marcus Alcock explores the proposed reforms - the London Market Principles 2001.
St Paul Re joins inreon
St Paul Re has become the latest reinsurer to join inreon, the online reinsurance exchange set up by ...
Concorde crash passenger payments soon
The French insurer La Réunion Aérienne expects most of the passenger claims following last July's Air...
Inter-Alliance to offer Pru staff jobs
Inter-Alliance, the independent financial advisory group, is to offer opportunities to Prudential sal...
Compensation crisis for CIGA.
The state-run California Insurance Guarantee Association, which protects workers whose employers bou...
FIS sees fund losses.
Friends Ivory & Sime, the asset manager, said this week it expected to lose £1.4bn-worth of funds un...
Appointment at Walsh PI.
Walsh PI, the specialist professional indemnity loss adjuster, has recruited Martin Heath as directo...
Swiss Re: net profit.
Swiss Re, the world's second-largest reinsurer, has reported a net profit rise of 21% to Swiss Fr 2....
Pru aims for Allstate holdings.
UK insurer Prudential plans to acquire Allstate majority holdings in Pt Asuransi Jiwa Allstate in In...
Risk action.
The profile of risk management has grown dramatically over recent years and the increasingly multi-disciplinary nature of this role has served to widened the path of recruitment, says Lynn Rouse.
Appointment at CNA Maritime.
CNA Maritime has recruited John O'Brien and David Jarman to its London cargo operation. Mr O'Brien j...
EU unites over insolvency directive.
A new European Union directive relating to insurance insolvency procedures could cause upheaval in t...
Cap Gemini wins Pru deal.
The Prudential has chosen Cap Gemini Ernst & Young as its IT outsourcing partner for mainframe and m...
Governmnent warned off interfering
The government must tread carefully before intervening in the design of financial products, the Assoc...
Island hopping.
Managing director Atsushi Gamo sets out a convincing argument for moving all Sumitomo's non-Japanese and non-US reinsurance business to Dublin. Adrian Leonard reports.
The best of both worlds.
Swiss Re's innovative combination of two years of reinsurance cover with an index-based securitisation makes both the California Earthquake Authority and investors happy, says Markus Schmutz.
Partial support for INdeR deal.
Many Argentinian insurers owed money by the state-owned reinsurer Instituto Nacional de Reaseguros (...
US to relax foreigner rule.
European reinsurers should from June find it easier to operate in the US following a recommendation ...
Cracking down.
As Dublin toughens up its regulation and supervision, Adrian Leonard advises (re)insurers to keep abreast of developments.
News in brief.
A UK parliamentary committee criticised heavily UK insurers over their approach to genetic testing a...
Appointment at Comite Europeen des Assurances.
Daniel Schante has been appointed secretary general and chief executive of the Comite Europeen des A...
July test for LMP reforms
July's reinsurance renewals will be the first true test of the take-up of the LMP2001 reforms to the ...