Latest News – Page 2823
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Archive
What a year...
1. The US terror attacksTumbling share prices and rising liabilities arising from the World Trade Centre attacks have delivered a severe capacity shortage in the insurance market, along with ...
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Archive
Having reservations
Reserving practice has come under scrutiny recently as a result of company collapses and the growing trend for compensation culture. Kathryn McCarthy looks at existing practice and what can be done to improve it.
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Asset strategies
Insurers are faced with having to manage their assets very carefully in view of the volatile equity markets and the consequences of the US terrorist attacks, says Lee Coppack
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Broker relations
Consolidation has caused a drop in insurers' service standards. John Jackson takes a look at what can be done.
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Standard & Poor's Ratings Guide
Standard & Poor's insurer financial strength rating definitionsAn insurer rated BBB or higher is regarded as having financial security characteristics that outweigh any vulnerabilities and ...
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Introduction
The UK non-life market is mature and underlying growth in exposure is expected to follow broadly in line with GDP, with some prospects for growth longer term in areas such as accident and healthcare.
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A hard road ahead
On 17 August 1896, Bridget Driscoll was run over in the grounds of the Crystal Palace in London and became the first recorded person in the UK to be killed by a motor vehicle. By the turn of the 20th ...