Insurance Post Staff
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RBS could cut 9000 jobs to save £2.5bn a year
Royal Bank of Scotland has begun consulting Unite and other employee representatives about a business plan for its back office operations that will regrettably involve job losses.
O'Regan to head up Partner Re life unit
Kevin O'Regan has joined Partner Re Global Life as head of its longevity market unit. O'Regan who will be in charge of managing and growing the Partner Re longevity portfolio and for further developing longevity activities within Partner Re Global Life…
US prop cat renewals outlook
Reinsurance broker Guy Carpenter has issued a briefing paper on US property casualty renewals which shows that national programmes rose between 10% and 14% on a risk-adjusted basis, with the Northeast seeing 6-8% increases.
Law firm consolidates businesses
Following on the consolidation of its defendant law firms earlier this year, The Parabis Group has announced the next planned step in its growth strategy with the consolidation of its claimant law firms into Cogent Law.
Brit boosts Birmingham team
Brit Insurance has strengthened its Birmingham underwriting team with the appointment of Edward Hanson as professional Risks underwriter and Gary Suffolk as commercial combined underwriter.
Aon unveils UK energy division team
Aon Specialty, a division of Aon Risk Services, has unveiled the UK arm of its global Aon Energy unit.
Insurance market must get grip on CCS, says lawyer
The rapid development of carbon capture and storage technologies is creating an urgent need for underwriters and brokers to design viable insurance products, lawyer tells Aegis conference.
Insurer reveals UK commercial shake up
Axa Insurance has confirmed the appointment of its new commercial regional heads following a shake up first revealed in Post .
Axa appoints new head for UK subsidiary
Mike Butler has been appointed as general manager of Ignition, the specialist marketing company that aims to help brokers grow their business.
IP Task Force launches new White Paper
The Income Protection (IP) Task Force has launched its new White Paper in order to promote the undersold product.
IFB sees 50% increase in reported fraud
The Insurance Fraud Bureau has seen over 50% of reports now being reported online since launching its enhanced Cheatline facility in November 2008.
Barclays Bank appeals PPI ruling
Barclays Bank has challenged the legality of the Competition Commissions findings on payment protection insurance (PPI).
Arc Legal boosts Irish presence with Axa motor deal
Arc Legal Assistance has signed a new motor insurance deal with AXA Insurance Ireland as part of its plans to expand further into the Irish market.
Watson Wyatt names new insurance boss
Martin Pike has been named as global director of Watson Wyatt's Insurance & Financial Services Consulting Practice, taking effect when Philip Brook retires on 1 July 2009.
FSA wins case against former CEO who "lacked integrity"
The Financial Services Authority has won its case before the Financial Services and Markets Tribunal to ban former Mr Milan Vukelic from working in the financial services industry in the UK. The Tribunal found that Mr Vukelic's actions whilst CEO of…
NU boss apologises
Norwich Union’s insurance chief has apologised for “conflicting messages” over job cuts.
Gibraltar Government comfortable with the outcome of G20
The Gibraltar government said the territory is well positioned to prosper from the global rising standards of financial services regulation.
Coverbox caps excess PAYD mileage.
Pay-as-you-drive insurer Coverbox will cap excess mileage charges at 10% over virtually all customers' mileage forecasts regardless for a pilot period.
Biba urge brokers to demonstrate value to SMEs
The British Insurance Brokers' Association is urging brokers to do more to explain their services and demonstrate the value that they provide to SMEs.
Petrol station scheme launched
Commercial lines underwriter Arista has developed an exclusive scheme with broker RK Henshall to provide a package of insurances for petrol stations and forecourts.
Glacier Insurance opens Zurich office
Glacier Insurance has opened a new underwriting office in Zurich.
Liberty recruits new head to drive construction business
Liberty International Underwriters Europe, a division of Liberty Mutual Group, has appointed François Fournié as its head of technical risk in Paris.
Cunningham UK bolsters board
Cunningham Lindsey UK today announced the appointment to the board of David Aiston, director, business development, who joined the company in March last year from Axa, and also of Mark Dobson, director of IT.
Liberty International Underwriters adds Ace senior exec
Liberty International Underwriters, the underwriting branch of US (re)insurance giant Liberty Mutual has appointed François Fournié as its head of technical risk in its Paris office.