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Stop press...MMC troubled
MMC troubledMarsh & McLennan Companies (MMC), has been watching its share price drop in response to its mutual fund subsidiary, Putnam Investments, becoming embroiled in a lawsuit with …
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Archive
Price war for motor
Motor insurers could be entering a deflationary price war according to one of the largest surveys of the market, conducted by Confused.com.The independent car insurance search site released figure ...
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Archive
London Special Risks slumps
Profits were down by 16% at Lloyd's broker London Special Risks during 2002.The fall came as turnover declined by 15.5%. But reserves were boosted over the period.The company ploughed £52,000 ...
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C-Zone
Going Places
NFU MutualNFU Mutual has appointed Martin Ritchley as a non-executive director.Ritchley was previously chief executive of Coventry Building Society, which he joined in 1990.
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Archive
JLT poaches Gallagher team
Jardine Lloyd Thompson has poached a team of 16 property brokers from rival Arthur J Gallagher (UK). The team is led by Kevin Hubbard, who will join JLT Risk Solutions on 10 November as a partner ...
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Archive
FSA pressed on GoshawK
The FSA is "bullish" that action could be taken against the senior management of GoshawK after Syndicate 102 was placed into run-off.According to senior Lloyd's sources, GoshawK's management have ...
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Archive
FSA restructure
The FSA's management will be reorganised to cope with the regulation of thousands of mortgage and general insurance firms.FSA chief executive John Tiner said that the restructuring would reflect t ...
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Archive
Freedom PMI product
Freedom Healthnet has launched a broker-led private medical insurance product (PMI). The product, called Freedom Your Choice is described as a combination of a cash plan and a traditional PMI prod ...
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News
FSA plans for a fitting solution to solvency rules
The current solvency standard is simple, but inadequate. The FSA's proposals for calculating capital requirements could prove more effective, says Lord Hunt
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Comments/Letters
Government to reduce EL strain by promoting rehabilitation
We know this song. If the government is to make a difference by plugging rehab, it needs to put its money where its mouth is, says Andy Cook
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Features
On the couch
The cost of workplace stress is persuading insurers to adopt psychological rehabilitation. Caroline Jordan investigates
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Features
The price of the cost war
Insurers seem to have won a significant round in the battle to reduce solicitors' fees by targeting motor claims. Jonathan Russell reports
