December 2005/3

The blaze ripping through a UK oil depot could cost insurers up to $900mn according to industry sources. The fire, at the Buncefield depot, 25 miles north of London, followed a series of blasts, which began early on Sunday (11 December)...

XL Capital has appointed a new team to lead its XL Insurance Global Marine and Offshore Energy (M&OE) unit in London and New York.

The Association of Run-Off Companies (ARC) has welcomed the government’s decision to delay the implementation of VAT on outsourced insurance services.