Latest News – Page 1399
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Re & Risks
Swiss Re-structures: all change at the reinsurance giant
On the crest of a wave of positive developments, Swiss Re has decided to reorganise its business structure and management heads. Some aspects have been tried before, however, with mixed results
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Jelf slashes debt to £8m
Jelf share price jumps 20% as its debts fall from £13.6m to £8m
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AIG to raise $20bn in listing
AIG listing of Asian life insurance arm AIA generates strong demand
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Bob's blog: Claim time is crunch time
If the key message you put to a client is price, they’ll move on next time for a better one. Go the extra mile, especially during a claim, and you’ll win their loyalty
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Home insurers warned on price wars
Insurers could end up in 'race to the bottom' over premiums, says rating agency
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JLT stock rises on Marsh bid rumours
JLT shares peaked above £6 yesterday on latest takeover speculation
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Breaking News
IIB responds to Treasury consultation paper
Barbara Bradshaw comments on regulation, fees and PPI
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Fitch: UK non-life sector remains stable
But ratings agent warns insurers to expect rocky road to maintaining profitable earnings
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Hiscox launches charity portfolio
Cover will include public liability, employers' liability and fidelity cover
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Breaking News
Zurich reshuffles GI business
New chief executives installed across Zurich's general insurance business
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Quinn bidders anxious over claims
Several bidders not prepared to buy entire company, claims report
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BP Deepwater bill could top $6bn
Explosion estimates climb in what Fitch describe as "a material event" for reinsurers
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Typhoon Megi threatens China
The category 3 storm is expected to weaken slightly before reaching China
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Drivers ditch cars blaming insurance hikes
Moneysupermarket poll says high cost of motor insurance and fuel prices forcing drivers off the road
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Marsh: record gold prices leave companies 'uninsured'
The broker has launched a new precious metals product to insurer companies who mine, refine and trade
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Insurers told not to "waste" Solvency II opportunity
PwC says the directive gives the industry a chance to gain competitive advantages
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Spending Review: Aviva 'disappointed' with flood spending cuts
Long-term strategy urgently needed to tackle the rising flood risk, Aviva says