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FSA sends out PPI letter
The Financial Services Authority has written to firms still selling single premium Payment Protectio...
Appointment at BHSF Group
BHSF Group has added Neil Mackay to the board and David Edmonds to the boards of it's subsidiary...
Looking back
Looking through Post's back catalogue paints a unique picture of more than 150 years of insurance ne...
NU flood tips go online
Norwich Union has launched online flood protection via its website for brokers to download to help b...
Enterprise benefits
Claire Rowland, UK sales manager of insurance, Enterprise Rent-a-Car, told delegates at the Motor Cl...
3I buyout will not impact Jelf, claims Alway
Alex Alway, chief executive officer of Jelf Group, has said he is confident that investment in the c...
Appointment at Aon
Aon has appointed Paul Manduca as non-executive chairman. Mr Manduca has been an independent non-e...
Crawford hires to combat rising fraud
Loss adjuster Crawford and Company UK has bolstered its corporate and major incident team with two a...
Appointment at Oval
Oval's financial services division has recruited as head of private clients and Billy Johnson a...
Names litigation thrown out by Court of Appeal
The Court of Appeal has thrown out a plea by Lloyd's Names to overturn a ruling last July that found Lloyd's was not involved in fraudulent activity surrounding its reinsurance to close.
Post pick of the week
Post reporter Sarah Hills rounds up the top stories from the general insurance sector. This week: MGA capacity deal faces an uncertain future as Axa splits; NU launches new club to tap into the £500m smaller broker pool; XL shelves UK expansion plans due…
Former Indie director ordered to pay £1.28m
Philip Condon, the former deputy managing director of Independent Insurance, has been ordered to pay £1.28m at a confiscation hearing at Southwark Crown Court.
Allianz believed to be lead insurer on Amsterdam crash
Allianz were the lead insurer for the plane crash for the Turkish airline that crashed at an Amsterdam airport on Wednesday, Post's sister magazine Reinsurance has reported.
Allianz lead insurer on Amsterdam crash - sources
Allianz were the lead insurer for the plane crash for the Turkish airline that crashed at an Amsterdam airport on Wednesday, Reinsurance understands.
Heritage to close international binders business
Heritage, the Lloyd's syndicate owned by Bermudian (re)insurer Argo, is to close its international binders business, Reinsurance understands.
Axa, Metlife close in on AIG's life units - reports
French insurer Axa and US insurance giant Metlife have both approached AIG about buying its life insurance unit American Life Insurance (ALICO), according to press reports.
Tokio Millennium in new risk management software deal
Bermuda based Tokio Millennium Re Ltd has employed Strategic Thought's enterprise risk management software Active Risk Manager (ARM, to manage and calculate risk across its business in an effort to upgrade its Standard & Poors risk management rating.
HCC Q4, FY earnings fall
HCC Insurance Holdings, the US (re)insurer, said that earnings fell - although return on equity jumped 12%.
Georgia tornades may cost $35m
(BESTWIRE) - About a dozen tornadoes that swirled their way through Georgia are estimated to have caused $35m in insured losses, said Insurance Commissioner John Oxendine.
Industry turns to credit insurers to judge credit worthiness
Credit insurers have taken over the mantle from ratings agencies in determining UK companies' credit worthiness, according to Aon Trade Credit.
AIG says in talks with US Government
(BESTWIRE) - American International Group is discussing with federal officials "new alternatives" for shoring up the insurer's finances under its existing $150bn rescue plan, a company spokeswoman said.
Governments must improve risk management, says OECD
Governments should improve how they prioritise efforts to prepare for large-scale disasters, the Organisation for Economic Co-operation and Development has warned.
Beazley launches online marine products
Beazley has launched three new marine cargo products online that offer real-time quotes and policy documentation to speed up delivery and improve process efficiency.
Aegon launches business protection workshops for advisers
Aegon is to launch a series of workshops for advisers on the importance of business protection.