Insurer
Beazley boss still expects mid 90s COR despite major losses
Lloyd's insurer Beazley this morning said premiums reduced by 3% to $426m (2010 $438m) in the first three months of 2011, with premium rates on renewal business decreasing by 1%.
Fitch affirms Ageas Holding and operating companies
Fitch Ratings has affirmed AG Insurance's Insurer Financial Strength (IFS) rating at 'A+' and long-term Issuer Default Rating (IDR) at 'A'.
Chaucer rating unchanged as largest shareholder rejects bid
AM Best Europe has said that the financial strength rating of A (Excellent) and issuer credit rating (ICR) of “a+” of Lloyd’s Syndicate 1084 and the ICR of “bbb” of Chaucer Holdings are unchanged following the announcement that the board of CH has…
Fitch affirms Ageas Holding and operating companies
Fitch Ratings has affirmed AG Insurance's Insurer Financial Strength (IFS) rating at 'A+' and long-term Issuer Default Rating (IDR) at 'A'.
News analysis - deafness: bringing back balance
For the second time in as many months the Supreme Court has been asked to adjudicate in disease claims, this time on industrial deafness. Daren Charlton considers the implications that arise from Baker v Quantum Clothing.
Brightside looks to diversify as talks held with Arch
Brightside is in talks to add Arch Capital to its panel of commercial insurers, as the broker aims to move into a series of new risks in its commercial portfolio.
Editor's comment: an unfamiliar feeling
As they head off for a well-earned break over the Easter weekend, UK motor insurers may well be struck by an unfamiliar feeling. Contentment.
NHS reforms: healthy, wealthy or wise?
As UK nurses issue an overwhelming vote of no confidence in the Health Secretary's management of NHS reforms, Richard Sear considers the implications of the government's plans for the NHS, private health providers, insurers and patients.
Claims - prize indemnity: who dares wins
In a sector where rates have held up well, due in part to limited appetite to write such business, Amanda Lewis discusses the art and science of prize indemnity cover.
Confusion over Solvency II as FSA revises model plans
Solvency II experts have voiced concerns over the uncertainty surrounding the incoming European Union legislation, after the Financial Services Authority revealed revised plans for its handling of internal model applications.
HNW - water damage: who reigns when it pours?
High net worth homeowners need to be aware of the optimal conditions and prevention measures that can be taken to keep art collections, antiques, contents and buildings in the best condition possible. As April showers loom, Annabel Fell-Clark advises on…
EL insurers celebrate appeal victory
Employers' liability insurers have avoided claims worth "hundreds of millions" of pounds following a successful appeal in Baker v Quantum, law firm Weightmans has claimed.
Year-long minimum wait for asbestos claimants
More than 1000 Scottish pleural plaques claimants will have to wait until at least mid-2012 before any decision is made on whether they can be compensated for their condition.
30 staff to be cut as part of Quinn buyout
Thirty additional staff are set to lose their jobs at Quinn Insurance after a joint venture between Liberty Mutual and Anglo Irish Bank was confirmed as the preferred buyer for the business.
Solicitors' PI heading for crisis in capacity
The solicitors' professional indemnity market could face a capacity crisis following controversial plans to retain the assigned risks pool until 2013, the insurance industry has warned.
Allianz rules out Part VII transfer
Allianz has ruled out following Aviva and Royal Bank of Scotland Insurance in applying to the High Court for a Part VII transfer under the Financial Services and Markets Act.
Regional review - Cardiff: a sleeping dragon?
Despite being the largest city in Wales, the Cardiff insurance sector faces daunting challenges in the future. Daniel Dunkley finds out how it plans to face them.
Penny Black's insurance week
Watch out Simon Cowell and congratulations to Hastings boss and music mogul in the making Neil Utley, whose new record label has netted singer Charlie Simpson as its first signing.
IBM: reputational risk must be managed
IBM has urged insurance companies to keep tabs on social media output to ensure they are managing the "online perception" of their businesses.
View from the top: Jackson is only the start
Royal Bank of Scotland Insurance stands squarely behind Lord Justice Jackson's recommendations in his Review of Civil Litigation Costs.
Post history - 20 years ago: support for APPG grows in parliament
Looking through Post's back catalogue paints a unique picture of more than 150 years of insurance news, as this article from 20 years ago reveals.
Broker Assistance creates non-fault matrix
Broker Assistance is creating a non-fault claims database that aims to allow up to 100% third-party capture.
Post history - 30 years ago: Insurers face £10m bill for Salem loss
Looking through Post's back catalogue paints a unique picture of more than 150 years of insurance news, as this article from 30 years ago reveals.
Aldermanbury Declaration - one year on: delivering the declaration
The Aldermanbury Declaration was launched a year ago to great fanfare. Joel Turland takes a look at its success in driving professional standards.