All Archive articles – Page 577
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Motor insurers and drivers warned on liability cover
Insurers and drivers could be hit by changes in the motor insurance market, the FSA warned.In its Financial Risks Outlook 2004, the UK's financial services regulator said there were indications th ...
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Brit launches capital reorganisation
Brit Insurance Holdings has launched a bid to reorganise its capital requiring High Court and shareholder approval.The Lloyd's-based insurer said the plan would reduce the share premium account an ...
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Only a major cat loss would change reinsurance market' - Benfield
Property catastrophe reinsurance prices weakened during the 2003/2004 renewals, Benfield said.Casualty rates increased but at a slower rate than previously and overall, reinsurers held their groun ...
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Fitch warns against of credit linked notes insurance
A ratings agency has launched a review of a controversial form of credit insurance described as "a riddle wrapped up in a mystery".Fitch Ratings said it was concerned that the tradable derivatives ...
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Bid to appeal in £60m Independent test case
The Financial Services Compensation Scheme said it would petition the House of Lords for permission to appeal further over a test case involving Independent Insurance and other insolvent insurers, it ...
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FSA final rules for brokers
At noon the FSA unveiled its final rules for regulation of general insurance. Please click on the attachment for the full rules.
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Atrium's Dandridge on Lloyd's Council
Atrium executive director Christine Dandridge has been elected to the Council of Lloyd's.
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Windsor pays out US$2.725m in Kenya Ports dispute
Windsor will pay Kenya Ports Authority (KPA) $2.725m (£1.51m) as part of final settlement in a dispute of business placed between 1994-98.