A mine of information

Paul Wordley looks at the key issues affecting the mining insurance sector over the past year, and whether the lessons learned by the industry will prove useful in the coming year

2008 saw unprecedented losses for the mining insurance sector. Incidents in the first half of the year alone resulted in insurance claims estimated at $3.5bn. If (re)insurers take any lessons from the

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ABI insists fire safety scheme is temporary

Mervyn Skeet, the Association of British Insurers’ director of general insurance, has outlined how the trade body will ensure the Fire Safety Reinsurance Scheme will only last three to five years, and how it will should end criticism of brokers earning commission for arranging cover.

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