Latest News – Page 1799
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Agenda
How to have a happy new year
It’s not all bad news. The recession of 2009 will create opportunities for some insurers.
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Agenda
Capital, but no punishment
The banks needed huge recapitalisation programmes, but insurers aren’t like them.
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Agenda
Lessons from the financial apocalypse
Never think risk management is done and dusted. You must reassess it regularly.
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Agenda
Obama and the offshore insurers
He has made lots of noise about closing tax loopholes. Does that mean Bermuda?
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Agenda
Coming soon: the hard market
Hurricane and investment losses are tipped to push up reinsurance rates.
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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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NewsFSA bans directors for ‘serious lack of integrity’
Company bosses underwrote policies through two unlawful companies.
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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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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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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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BackchatAnd the band played on
Not to be a Scrooge but, this year, the Opera in the City Christmas concert seems a little reminiscent of the quote from Titanic: “Music to drown by. Now I know I’m in first class.”Still, the fifth annual event is bound to lift the spirits of those working in the ...
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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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NewsABI: income tax hike will deter City talent
Attracting financial services professionals will be a ‘problem’, says industry body.
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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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NewsDivision in Europe set to delay Solvency II
France and Germany want to water down proposals on group supervision.
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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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