Regulation
A better solution?
New legislation has given alternative dispute resolution a much-needed boost in the UK. However, for some the jury is still out on the acceptance of mediation as a way forward, says David Fanning.
Tough lessons to learn on school staff liability.
Lister v Hesley Hall (House of Lords - 3 May 2001).
DLA may drop PI.
Law firm DLA is considering ditching its current professional indemnity arrangements in the commerci...
Claims to face the biggest changes of all.
Some of the biggest changes in market practice are in the area of claims, the conference heard. M...
Self-examination.
Maureen Gaffney, chairperson for the National Economic and Social Forum, warned that insurers needed...
Cotesworth denies any part in demise of HIH.
HIH's Lloyd's subsidiary, managing agency Cotesworth, has sought to distance itself from suggestions...
EU acts on insurance law.
The European Commission has announced it is taking legal action against five member states for faili...
IIB in last ditch appeal.
The Institute of Insurance Brokers has conceded that it has one final chance to "put the brakes" on ...
Independent: facing a negative outlook.
Independent Insurance has been graded BBB and given a negative outlook by ratings agency Fitch, which...
Expert Ra and PWC develop Russian ratings.
Russia's leading insurance providers have welcomed a new ratings system for the fledgling industry. ...
HIH founder: flee rumours denied.
HIH founder Ray Williams last week denied reports he was set to leave the country following the coll...
London market archaic, says GE Frankona Re
The head of GE Frankona Re has called the London market "archaic" and in need of substantial change t...
Build Assured has e-claims answer.
An electronic claims handling system launched next week could save the property claims sector £250m ...
Pru is takeover target after deal fails.
The City is an amazing place. Constantly desperate for deals it will clutch at almost any straw. The...
Appointment at Avon Insurance.
Avon Insurance has recruited Graham Turner as a development inspector, with responsibility for sales...
US seeks to close Bermuda loophole.
Two US politicians have launched a new bid to close the "Bermuda tax" loophole, after several insure...
Pru admits US merger defeat.
Prudential last week conceded defeat in the merger battle with AIG for American General, when it acc...
Ecclesiastical clarifys contracts.
Gloucester-based Ecclesiastical Insurance has created a new terms of business agreement for all its ...
Hymans partners Milliman Global.
Actuarial consultants Hymans Robertson today announced a strategic partnership with Milliman Global,...
Open for business?
The Indian market is opening up to foreign interests and now is a good time for insurers to dip their toes in the market, ideally allied with an Indian partner that knows the ropes, says Saibal Dasgupta in an update on her article last year (PM, 9…
MPs demand QBE enquiry.
Members of Parliament will continue to demand an enquiry into the sale of Iron Trades Insurance to A...
Fortis solvent despite Selby claim.
Fortis this week described speculation that lawyers were reluctant to take on new work from the comp...
HIH collapse forces issue.
The Australian government announced this week it will fast-track changes to the 30-year-old insuranc...
Independent's negative outlook
Independent Insurance has been graded BBB and rated as having a negative outlook by ratings agency F...