Regulation
Coming to new terms with (re)insurance and HIV/Aids
Life insurance
Weathering the Spitzer storm
Brokers
Moody's report looks at UK life industry
The overall rating outlook for the UK life-insurance industry remains negative, says Moody's Investo...
Transparency begins at home
Transparency will be one of the ubiquitous words of 2005 as brokers address the issues to emerge fro...
Double-decker takes to the skies
Aviation
JLT shares slump as it blames difficult trading for profit drop in 2004
Broker Jardine Lloyd Thompson Group recorded a profit before tax and exceptional items of £92.1m, compared to a restated £106.7m for 2003. Profit before tax was £81.3m compared to a restated £107.8m in 2003. It share price has dropped 11.5 pence on the…
Government launches National Mediation Helpline
Civil Justice Minister David Lammy today launched the National Mediation Helpline, for people with personal injury, small claims, business and consumer disputes. The service is designed to allow them to get information and advice on how mediation can…
FSA sets July e-reporting deadline
The Financial Services Authority has announced that from 1 July 2005 many firms will have to start submitting returns to the regulator using a secure web-based system. This is the first stage in implementing its decision to introduce mandatory electronic…
Capita predicts 2005 growth
Claims specialist and loss adjuster Capita reported a 19% in crease in turnover and 22% rise in profits for 2004.
Converium boss Lohmann replaced
Swiss reinsurer Converium has replaced its chief executive Dirk Lohmann with the company’s managing director Terry G Clarke.
Eliot Spitzer has done us all a favour
In some quarters, the name Spitzer makes brokers spit and fizz with fury. It was, of course, the El...
Penny Black's insurance week
As a serial penny-pincher, Penny was interested to see new research out this week that found Hasting...
Accident Management Sector - Steps toward self-regulation
Claims Supplement
Marsh: price hikes could be avoided
Broker Marsh has attempted to reassure insurance buyers that increased transparency will lead to che...
Zurich demands openness from drugs firms
Insurer Zurich has called on pharmaceutical companies to collaborate better with underwriters to ens...
Biba rejects fears over commissions
The British Insurance Brokers' Association has rejected claims that small intermediaries are unlikel...
Parabis Law launches new business venture
News in Brief
Prettejohn "the zealot" fails on disclosure issue
Nick Prettejohn has demanded that the Financial Services Authority "change its conduct of business r...
Setting suns
The Treasury's decision to exclude travel agents from the Financial Services Authority's remit caused consternation in sectors of the insurance industry. Ana Paula Nacif talks to Association of British Travel Agents' chief executive Ian Reynolds, who…
Board appointment at Medicash
Liverpool-based health cash plan provider Medicash has appointed Peter Lauris to its board of directors.
Danish Re bought up by Imagine
The Imagine Group has announced that its subsidiary Imagine Insurance Company has completed the acquisition of Danish Re (Bermuda) and all related subsidiaries of the Danish Re Group worldwide.
St Paul offloads personal lines book
Lloyd’s managing agent Jubilee has acquired the Cassidy Davis personal lines book from St Paul Travelers.
Airmic chair warns it will lobby FSA over renumeration regulation if new broker models fail
It is too early for commercial insurance buyers to lobby for formal regulation of broker remuneration, according to Andrew Cornish, chairman of the UK risk management association, Airmic.
Converium announces renewal results
Following its January renewals, Converium has announced that it expects total gross premiums written for 2005 to exceed $2bn, which is in line with expectations. 63% of the Company's renewable non-life business volume (excluding Converium Reinsurance …