Regulation
Willis files float with SEC
Willis Group Holdings, the parent of the Willis Group, filed a registration statement with the Securi...
New home for US Re's international business
US Re has set up an international division in response to growth in its business in Europe, Asia and ...
Parliamentary Reception Postponed
Following the dissolution of Parliament, Post Magazine's Annual Parliamentary Reception, which was du...
AIG beats Prudential in US merger battle
Prudential confirmed today that it has agreed to accept a $600m (£420m) penalty payment from American...
Inter-Alliance to snap up axed staff.
Independent financial adviser group Inter-Alliance is aiming to double its size by opening its doors...
New industry scheme for asbestosis victims
The Treasury claims the uncertainty of asbestosis sufferers and their families, whose expectation of ...
Appointment at Norwich Union.
Norwich Union Healthcare has made two board appointments. The new director of finance is Mark Hews, ...
Irish charm.
Ireland is seeing a surge of interest in insurance and the market is doing very well, and with other pull factors - both financial and social, it is an attractive place to work. However Simon Threadgold believes there is a danger of it becoming a victim…
Insurers must ensure reserves.
A senior tax consultant has warned insurers to ensure they have the correct reserves in place under ...
Ruling the waves?
Marine insurers rely heavily on the regulations that govern the shipping community, promoting safety and protecting the environment. With these rules looking set to tighten, it's all hands on deck as those involved await the impact. Eric Alexander…
Keeping a lid on rising legal fees.
The National Audit Office report of last week shows a dramatic rise in damages and costs payouts in ...
No single system.
The Financial Services Ombudsman Walter Merricks debunked the myth that the arrival of the Financial...
Brokers slow to sign up to GISC.
Chris Woodburn, chief executive of the General Insurance Standards Council, conceded that intermedia...
Carroll steps down.
International Underwriting Association chairman Tim Carroll has announced he is to step down as and ...
Pru faces US over Holocaust policies.
UK insurer Prudential has not received any notification that it could face US sanctions for allegedl...
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...