Regulation
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 ...
Strong strips off.
Gary Strong, GAB Robins subsidence director, recently climbed Everest. Mr Strong, who will be speaki...
Prudential sees sales hike of 29%.
Prudential recorded a 29% increase in total insurance sales to £5bn for the first three months of th...
Rainbow to change.
Legal & General has amended its Rainbow home insurance following feedback from intermediaries. Chang...
Broker lobbies for rights.
Specialist motorcycle intermediary Bennetts has joined forces with the British Motorcyclists' Federa...
EU to upset London market
A new European Union Directive relating to insurance insolvency procedures could cause upheaval in th...
Prolonged pain over PI discounts.
The Lord Chancellor faced renewed calls to determine the discount rate for personal injury damages t...
Appointment at Watson Wyatt.
Watson Wyatt, the global actuarial, benefits and human resources consultancy, has taken on J Michael...
RSA drops fees.
Royal & Sun Alliance has amended its Essentials and Selections commercial legal expenses insurance p...
S&P takes a chance on Adepta.
Outsourced administrative services provider, Adepta Services, has won a £60m contract from Save & Pr...