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Marsh group revenue rises
Marsh and McLennan group companies saw global revenue across the risk and insurance services busines...
Appointment at Aon
Aon has appointed Leroy Hobson as managing director of its new UK/Europe surety & guarantee centre o...
Biba finds fee increases 'devilishly unfair'
The British Insurance Brokers' Association has called the proposed changes to the compensation schem...
Investment into claims line crucial to aid fight on fraud
Anthony Gould, group editor-in-chief of Post, asked whether insurers are confident in securing fraud...
Ex-HBoS insurance boss steps down from new role after 13 months
Former HBoS claims boss Jim Pittman has left anti fraud firm VFM after just over a year.
FSA appoints new COO
The Financial Services Authority (FSA) has appointed of Mark Norris as its new chief operating officer (COO).
Willis networks attracts eight new members
Willis Group Holdings has secured eight new members to its Willis Networks.
(Re)insurance giants combine for new Cat data service
Eight major reinsurance players have established an independent Zurich-based company to aggregate and provide industry-wide European catastrophe insurance data as a subscription service.
Investment losses send Flagstone to Q4, FY loss
Bermudian (re)insurer Flagstone Re reported net losses for the fourth quarter and full year.
Market Reform Group in new electronic policy move
The Market Reform Group (MRG) has announced that with effect from 1 March 2009, all requests for a policy will be submitted to Xchanging electronically via the Insurers' Market Repository.
2009 expected to be another tough year for credit insurers - Moody's
This year is expected to be another tough year for the credit insurance industry, Moody's has said.
Brown & Brown Q4 net income steady as FY results drift down
Brown & Brown, the giant US broker, said that fourth quarter net income was steady - although full year result fell by 15%.
Paris Re says Jan 1 premiums off 13%
Paris Re said that premiums at the January 1 reinsurance renewals premiums dropped 13%, the company said today.
Copart secures major contract after tender
Copart has renewed its contract with Jaguar Land Rover group after a competitive tender.
Biba concerned over levy hike
The British Insurance Brokers' Association has voiced its concerns over the proposals contained in the FSA's Consultation Paper CP09/7.
AIG Financial Products in $60.5m sale
AIG Financial Products, the struggling subsidiary of AIG, said that it has closed the sale of its interests in two transactions and related commodity hedges from its energy and infrastructure book of business for total net proceeds of $60.5m. The…
Aon UK non-executive chairman McGill steps down
Aon Limited has said it has replaced Aon Risk Services CEO Steve McGill with former Bridgwell chief executive Paul Manduca as non-executive chairman.
Law firm appoints volume claims boss to boost division
Law firm Halliwells has announced ambitious plans to grow its volume insurance claims handling business under the leadership of newly appointed David Hiley.
Tysers grabs senior broker from Cooper Gay
Tysers, said it has appointed special Caribbean broker Neil Allan to their North American & International Specialty division.
State of Florida agrees to State Farm withdrawal
(BESTWIRE) - Florida's Office of Insurance Regulation has approved State Farm Florida's plan to withdraw from the property insurance market in the state within two years, but the company is barred from penalizing policyholders for terminating their…
Hampden Underwriting buys smaller rival
Hampden Underwriting, the Lloyd's investment vehicle, said that it has bought a corporate member of Lloyd's for £500,000 in cash.
Lancashire shares up as FY results beat estimates
Bermudian specialty insurer Lancashire smashed full-year pretax profit expectations when it reported its results on Monday.
Liberty adds Argenta underwriter for binding authority business
Liberty Syndicates, the Lloyd's of London arm of US insurance giant Liberty Mutual, has appointed Giles Taylor to be its deputy underwriter.
Lloyd's takes Swiss Re exec for Beijing post
Lloyd's said it has appointed Ms Bin Yang as the Chief Representative for its Beijing representative office.