Regulation
XL acquires Winterthur International
Bermudian (re)insurer XL Capital is to buy Winterthur International from Winterthur Insurance for $60...
MP lashes out on polarisation.
A senior backbench MP has lashed out over proposals to relax the polarisation regime for retail fina...
20,000 back-dated pension workers lose out.
Up to a third of the 60,000 part-time workers, who won the right to backdated pensions from 1976 in ...
The fine art of insurance.
Robert Hiscox, chairman of Lloyd's insurer Hiscox and art connoisseur, is clearly a man who knows what he wants out of life: he is passionate about change, having championed the introduction of corporate capital to the Lloyd's market; and the Hiscox Art…
Legal aid.
Online claims settlement is attracting attention as it promises a cheaper and more efficient solution to legal disputes. While this may be true, it could be some time yet before e-law completely supersedes the more traditional methods. Simon Threadgold…
More rail claims.
Railtrack faces new compensation claims for £200m as a result of the Hatfield crash. A group of comp...
Former Stock Exchange head becomes chairman of pensions reform body
Sir Nicholas Goodison, a former chairman of the Stock Exchange is to become chairman of the Retiremen...
CIFAS saves £203m from fraud.
CIFAS, the fraud avoidance scheme for the financial services sector, which Direct Line, Royal & Sun ...
Prudential to axe 2000 jobs.
The Prudential, this week, said the introduction of stakeholder pensions and technological developme...
EU drags feet on net rules.
The European Commission, which last week put forward plans for European Union-wide rules governing s...
PartnerRe profits in fourth quarter
Bermudian reinsurer PartnerRe made a net profit of $16.6m in the three months to the end of 2000 comp...
Pru restructure to cost 2000 jobs
Prudential is to axe 2000 jobs in sales, support, back office and administration operations as part o...
Sites set on Europe.
Paul Norkett, head of accounting and finance at the University of East London, has launched a websit...
Appointment at Darwin Rhodes.
Darwin Rhodes, recruitment consultants, has recruited Shirley Green to its actuarial team. Ms Green ...
The sky is the limit.
Aviation insurers are trying to contain the rising costs they have been experiencing, following the hardening trends of last year's market. Many see long-term contracts as the flight path to take for greater stability. Eric Alexander reports.
Dirty tricks hit industry.
Recently-merged Belfor-Relectronic, formed when UK Belfor and Relectronic Remech joined forces last ...
Sampo quits UK.
The UK arm of Scandinavian giant insurer Sampo Leonia has been put up for sale by its parent company...
Appointment at August Group.
August Group has made several appointments: Paul Neale joins as sales executive from Albis Associate...
Independent issues warning
Independent Insurance has warned that its 2000 operating profits will be less tham market expectation...
New DVT cover.
Club Direct has amended its travel products in the wake of the growing debate over the risk of deep ...
California shakes up complaint process.
The US state of California, which was rocked last year by the Chuck Quackenbush scandal in which the...
And then there were three.
There are already two trade associations representing the accident management industry, but last week, a new one was announced. Tony Baker, heading up the venture, explains why he feels the industry needs another association and what it will do.
Time for the industry to pull together?
The Chester Street Insurance Holdings fiasco is a national tragedy. The media witch-hunt will cle...
Overseas killing.
Overseas employees will be able to sue their UK parent companies once the government's new 'corporat...