NRMA goes for brokers
15 May 2001
NRMA is setting up a service aimed squarely at brokers – but it’s in New Zealand…
International
Pru admits defeat
15 May 2001
American International Group has become even larger – it’s already the world’s biggest insurer – with the completion of its bid to buy life insurer American General for about $46 billion…
Names lose last stand
15 May 2001
A last-ditch effort by rebel Lloyd’s names to use Britain’s Human Rights Act to bring a case against the market has failed…
Your research could be worth money
08 May 2001
The prestigious Geneva Association has teamed up with British magazine Global Reinsurance to establish awards for research into risk…
Turbulence for London aviation insurers
08 May 2001
The past 10 years have been rough for companies writing aviation insurance and reinsurance in the London market…
Another big year at Swiss Re
01 May 2001
Swiss Re has posted a $3.46 billion net profit for 2000 – a rise of 21%…
Regulators agree on pensions
01 May 2001
The drive for a global regulatory framework in financial services took a giant leap forward last week at an OECD conference on private pension funds in Sofia, Bulgaria…
Old tankers bound for the breakers yard
01 May 2001
Large single-hulled oil tankers will be eliminated from the world’s waterways within four years…
London market goes online
01 May 2001
The London insurance market is turning to the internet to streamline its claims and policy distribution processes, with a new online facility being launched today…
A good period for catastrophes
24 April 2001
Rising premiums and low property losses so far this year have US insurers smiling…
Benfield Greig grows
24 April 2001
British reinsurance broker Benfield Greig will buy US insurance broker E W Blanch to become the third-largest global reinsurance broker…
Settlement pace accelerates
24 April 2001
European insurers bear all the risk for a likely $300 million payout to the relatives of last year’s Concord crash victims…
Warzone cover
24 April 2001
You might not be able to place some high-risk business in Australia at present, but if you’re looking for something to cover your goods through a war zone, it’s available…
Aon splits off underwriting
24 April 2001
Aon’s US parent, Aon Corp, will spin off its underwriting operations as it struggles to maintain its profitability…
Pru steps back
24 April 2001
After doing all the hard work, British insurance giant Prudential has abandoned its lawsuit against American International Group that accused the world’s largest insurer of illegally…
Now Pru sues AIG
17 April 2001
It had to happen. British insurance giant Prudential has taken out a lawsuit against American International Group in their multi-billion dollar battle for American General…
NRMA in NZ goes for brokers
17 April 2001
NRMA is moving quickly to consolidate its hold on the former State Insurance…
Allianz grows bigger
10 April 2001
Allianz AG has become the world’s fourth-largest financial group following its bid for Dresdner for $41 billion…
AMP cuts uk costs and raises profile
10 April 2001
AMP plans to merge its three British insurance units – Pearl, NPI and London Life – into one brand, AMP UK…
Pru gazumped
10 April 2001
Giant British insurer Prudential is finding the battle for market share in the US is a tough business…