All Insurance Times articles in Issue 27-11-2008
View all stories from this issue.
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BackchatHo, ho, no
Stuck up here at Insurance Times Towers, Backchat is getting a little depressed by all the doom and gloom around us. The bars of Leadenhall market are more subdued than usual, their empty tables crying out for Jeroboam-swigging, bonus-wielding City boys. But with many firms expected to follow AIG’s example ...
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NewsStockwatch
Last week the FTSE 100 plunged below the 4,000 mark as recession fears hit the markets, with financial and mining stocks suffering the worst losses. French and German markets were also hit hard. But the FTSE bounced back this week; there was even a surge following Alistair Darling’s pre-Budget report.The ...
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FeaturesThis is a job for the experts
Wars and terrorist attacks will never fit traditional frameworks for assessing risk. But that does not mean they can’t be covered. Kai-Uwe Schanz and Doron Zimmermann outline a new intelligence-based model for underwriters.
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News AnalysisDrama on the high seas
The hijacking of the Sirius Star – part of a surge in piracy – has focused attention on marine insurance. Saxon East finds how a move from traditional cover to kidnap and ransom policies could help calm the nerves of ship owners.
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Backchat
It’s a dog’s life
A big well done to SME Insurance Services, which even in these austere times is finding a few pennies for charity. The company decided to support Guide Dogs for the Blind and hopes to raise £5,000 over the coming year to sponsor a guide-dog puppy through its first year of ...
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NewsDivision in Europe set to delay Solvency II
France and Germany want to water down proposals on group supervision.
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Comments/LettersThe road to faster, fairer injury claims
The government's reform plans are welcome, says Joe Pendle. But it should have thought more about the milestones along the way – and about the role of technology.
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NewsCII forced to change its mind on new name
Feedback shows that members ‘want to keep insurance in the title’.
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FeaturesCash on tap
Insurers hate referral fees and brokers say they and their clients can live without them. But the payments look unlikely to vanish any time soon. Chris Wheal finds out why.
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BackchatRiches, tea and biscuits
To Spencer House (above), the 18th-century London mansion that was built for an ancestor of Diana, Princess of Wales. With all that history and wealth sloshing around, it was an appropriate setting for the launch of Chubb’ s ultra high net worth policy. After a whistle-stop tour of the house ...
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Backchat
Barry the what?
ITV news presenter Alastair Stewart (above) got caught out by industry terminology when he hosted the recent ABI motor conference. The poor chap looked puzzled when the audience tittered each time he referred to Fortis’ Barry Smith as “Barry the broker”. Perhaps someone should have told him Smith is an ...
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NewsFSA bans directors for ‘serious lack of integrity’
Company bosses underwrote policies through two unlawful companies.
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