Safe workplace plea
Employers have been urged to make workplaces safer, after research suggested thousands of people suffer serious injuries every year.
The TUC said injuries caused by slipping at work cost the UK economy £1.1bn a year. But many of these accidents could be avoided by firms if they carried out regular risk assessments.
Munters wins deal
Property restoration firm Munters has won a contract worth millions of pounds to provide disaster restoration services to Capita Insurance Services. Munters will handle Capita's domestic and commercial claims.
St Paul to delist
St Paul is to delist its common stock on the London Stock Exchange from 23 January.
P&I clubs warning
P&I clubs must improve underwriting performance, HSBC Insurance Brokers has warned. "Inferior underwriting results and inadequate or even negative investment income continue to haunt P&I clubs," Lloyd's broker and P&I specialist HSBC Insurance Brokers said in its Protection & Indemnity Review 2003.
Company insolvencies are on the increase, according to Experian. The number of business failing in the fourth quarter 2002 rose by 4.6% compared to the same period in 2001. The total increase for 2002 was 9.8%, with 18,926 insolvencies recorded in 2002, an increase of 1,691 on 2001.
Insurance was classed as one of ten sectors that recorded fewer failures during the past year and information technology was one of the worst affected sectors in 2002
Web captive centre
Rating agency AM Best has published an online edition of Best's Captive Directory. It can be accessed through its new online captive centre (
www.ambest.com/captive ). The directory comprises more than 25 years of research into the captive marketplace in domiciles around the world.