All Insurance Times articles in Issue 17-12-2009
View all stories from this issue.
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News AnalysisState of play
As the UK plunged into recession and attempted to pull itself out again, the insurance world experienced similarly tumultuous ups and downs this year. We take a look back at the final 12 months of the noughties
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NewsReinsurance rates rise makes underwriting profits a must
JLT's Murrell says increased competition is pushing insurer prices down
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People & OpinionLeader: ’Tis the season to take stock
2009 has been gloomy in places, but there have been many shining moments
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ClaimsHigh seas, high risk
The swell in piracy attacks, particularly off the Somali coast, has been costly for insurers. With marine insurance only covering physical damage and a confusion over how to deal with kidnap and ransom risk, is it time to sweep the decks for a new wave of specific piracy policies?
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NewsPowerPlace outlines whole market expansion for new year
Chief exec plans to launch four new products every two months
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NewsGallagher UK set to take over First City
Acquisition hoped to biuld a platform to expand business
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People & OpinionPrevention is cheaper than the cure
Following a visit to Cumbria, Philippe Maso argues why the Flood and Water Management Bill should be the priority for the next parliamentary term
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NewsHMRC called on to say brokers need not fear bonus super tax
Mazars says brokers and intermediaries may still be caught in legislation
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NewsTowergate promotes Blanc to deputy group chief executive
Consolidator gets its management ducks in a row as it prepares for stock market listing
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BackchatBackchat: Working holiday
It’s the countdown to the Christmas break as the Insider does the rounds of the festive frivolities
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NewsAXA is hit with lion’s share of the Cumbrian floods bill
Chief executive Maso says industry losses will be at least double the £100m estimated by the ABI
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NewsIndustry angry over lack of consultation on IPT changes
Biba chief executive Galbraith calls unexpected measure ‘a large hammer to crack a small nut’
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NewsAnalysts shun revenue growth in favour of managing risk, reports Deloitte
A two-tier approach is needed in future to tackle mature and emerging markets
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NewsDarren Bent caught up in allianz credit hire challenge
Sunderland striker Darren Bent is in centre of dispute with Accident Exchange
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NewsMMA survey shows brokers feel positive about recovery
Large regional brokers and niche firms seen as best-placed to survive the recession
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NewsABI vows to tackle fire damage costs in recession
Cost of average firm claim has doubled since 2002
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NewsPremiums fell by a fifth in 2008, while GI rose by 8%
Insurance sector has proved itself a stabilising factor during the financial crisis, economists say
