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Fitch projects return to underwriting loss for US P&C in 2008
US ratings Fitch is projecting that the US Property/Casualty industry forecast will make a modest underwriting loss in 2008, twinned with a "significant reduction in profits and return on surplus for the year".
Beazley steps down as CEO of Beazley; Horton to replace
Andrew Beazley has stepped down from the CEO’s role at Beazley, the company said today in a statement. He will be replaced by current finance director Andrew Horton, in a move which will take effect from the start of September.
Mapfre to buy Ecuadorian insurer
Spanish and Latin American (re)insurer MAPFRE has reached an agreement to acquire 60% of the share capital of Atlas, the 10th largest insurer in Ecuador.
Accident Claims Scotland launches policy for Scottish market
Scottish Accident Management and Credit Hire specialists, Accident Claims Scotland, launched their newest product – a legal expenses policy specifically underwritten for the Scottish motorist.
Appointment at Legal and General
Legal and General has promoted Peter Graham to managing director of the general insurance business. ...
Pick of the Week
Reporter Louise Meeson and online and supplements editor Stephanie Denton looks at the week's major g...
Brash bosses get the finger
It might make for good telly, but bosses who mimic Sir Alan Sugar's brash interviewing style in a re...
£100,000 raised in 140km Namibia endurance race
Representatives from across the insurance industry have raised £100,000 for youth charity The Prince...
Appointment at Heath Lambert Consulting
Heath Lambert Consulting, part of Heath Lambert Group, has recruited two actuaries. Nigel Bankhead h...
Penny Black's insurance week
Penny was invited to share a few glasses of the bubbly stuff with claims specialist Lorega last week...
Towergate appoints brokers
Towergate has announced the appointment of Stuart Grieb as managing director of TRS Fareham and Came...
Ecclesiastical makes fine enlistment
Ecclesiastical has appointed Mark Bodenham as fine art claims adviser. He joins from auctioneer Chr...
Mitsui says no to Burma
Mitsui Sumitomo Insurance Company (Europe) has hit back at suggestions it has any business interest ...
What the papers said this week
BBC Zoe Kenealy, from Kenley in Croydon, south London, has been jailed for seven years after sh...
Swinton rebrands and plans 14 branches
Swinton's commercial division plans to open a network of regional offices as part of plans to quadru...
Star attraction
Razia Kahn, liability unit manager at Axa Insurance, pictured centre, was the winner of the Post Cla...
Appointment at Zurich
Zurich North America Commercial has enlisted Daniel Riordan as president of its surety, credit and p...
Appointment at JLT Re
JLT Re has made four senior appointments in its non-marine and aviation reinsurance divisions. Micha...
PPI industry: report's objections are absurd
Industry experts have voiced concern over a Competition Commission report on payment protection insu...
Aon bears rating news
Aon is advising firms to prepare for new Standard and Poor's rating criteria and says companies can ...