Regulation
Spanish duo buys Gerling stake.
Two Spanish companies are to take a stake in Gerling NCM Credit and Finance, following a restructuri...
Allianz processes all flood claims.
German insurer Allianz has finished processing nearly all the claims related to the pan-European flo...
ABI keen to pursue investment sector synergies.
The Association of British Insurers, which this time last year abandoned plans to merge with the Bri...
Gear up for risk-based compliance.
The Financial Services Authority's calls for the industry to comply with risk-based regulation by September next year has forced operational risk to the top of everyone's agendas. While the requirements may look daunting, Sarah Saltzman says it is not…
Scor's premium drops in first half
Paris-based reinsurer Scor's gross premium income fell 18% year-on-year in the first half of 2003, fo...
2002's Top 25 Reinsurers Ranked by non-life net written premiums
(A) Net written premiums (NWP) 2002 ($m) (B) Change in NWP 2001-02 (%)1 (C) 2002 retrocession...
Back to basics
Faced with the crippling losses of 2001 and dwindling investment returns, reinsurers in 2002 were forced to refocus on their underwriting. Janina Clark looks back over the year and analyses Reinsurance's exclusive reinsurer rankings.
Conflicting calculations
Many European (re)insurers are less than happy with proposed new accounting standards. As John Sanders discovers, they fear the proposals will result in greater volatility and a missed opportunity to create a global reporting regime.
A new tool.
There is a new tool in the tool kit for restructuring (re)insurers in the UK; insurance business transfers. Richard White undoes the nuts and bolts.
Ringing the changes
The franchise concept will mean a revolution at Lloyd's, as great perhaps as the introduction of corporate capital in the 1990s. Robert CB Miller assesses its chances of success.
In this month's Reinsurance
The first rankings of the world's top reinsurers based on 2002 results. Exclusive listings and a...
DAS detaches itself from CSA
Insurer DAS has distanced itself from the newly created Claims Standards Association. The CSA, ...
Accounting for the IASB's proposals.
Consultation on cross-border accounting practices may have only just begun, but Nigel Masters and Gordon Ireland urge insurers to push ahead with implementation.
View from the Top.
Not surprisingly, consolidation is a hot topic in the UK insurance industry. I imagine there were...
Draft standard for insurance contracts given airing.
The International Accounting Standards Board released a draft of a new standard for insurance contra...
ABI moves to stop intrusive questions
Inappropriate, intrusive questioning for term insurance applicants perceived to be at higher risk o...
What the papers said this week.
FINANCIAL TIMES The FSA is set to make the first use of new powers to ask police to arrest suspec...
Eureko sees income slide.
Pan-European insurer Eureko made a net loss of £27.2m in the first half of 2003, compared with a £17...
Brandt becomes GE Frankona Re chief executive
Kenneth Brandt has taken over as chief executive of GE Frankona Re. He replaces Karl Mayr, who has le...
Lloyd's set to lead Yemeni ship cover.
Lloyd's has agreed to lead cover that will provide up to £95m of coverage for hull and machinery los...
Standard Life CD-Rom to increase sales.
Standard Life Healthcare is seeking to substantially increase the proportion of its 5000-strong inte...
Legislation hits marine pricing.
European Union and US-led regulatory changes in the international marine market could make risk pric...
EU directive looks set to increase total recall.
Brokers could soon be facing massive demand for recall insurance cover as a result of a major new Eu...
New PI code ready by the autumn
Newly-established trade body The Personal Injury Claims Federation expects to implement a new regime ...