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Arig's first quarter net profit halves
Arig, the Middle Eastern (re)insurer, has said that first quarter net profit more than halved, dropping to $3m from $7.6m in the first quarter of 2007.
Ropner appoints new chairman
Ropner Insurance Services has appointed Frank Hindle as its new chairman.
Swinton snaps up more outlets
Swinton has acquired fifteen Moneyway insurance outlets as part of a multi-million pound deal.
Lee Gladwell to leave the CII
The Chartered Insurance Institute's director of general insurance markets Lee Gladwell is leaving the post on 18 July.
AIG board 'disappointed' by recent performance
(BestWire) The board and management of American International Group expressed disappointment at the company’s recent financial performance but tried hard to allay fears that the giant insurer was in a crisis.
Run off specialist reports 68% hike in profit
Non life insurance run-off specialist, Randall and Quilter, has reported a 68% rise in group operating profit to £8.7m in 2007.
Zurich sees signs of rating improvement across Europe
Zurich has reported a 10% increase in gross written premiums globally for the first three months of 2008 to $1.2bn (2007: $1.02bn). Its business operating profit improved 5% to £1.1bn, although its combined ratio fell 1.3% to 94.6% (2007: 93.3%).
Catlin bolstered by international business as London premiums drop 8%
Catlin this morning issued an interim management statement following the company’s annual general meeting, which revealed gross premiums written remained flat as of 31 March 2008 at $1.2bn (March 2007: $1.2bn). Net premiums written increased to $0.8bn …
Oval boss hits out at sell-off speculation
Oval has insisted it will remain an "independent, privately constituted broker". It follows recent ...
Pick of the Week
Post online and supplements editor Stephanie Denton and editor Jonathan Swift looks at the week's maj...
First English college gains CII accreditation
Blackburn College has become the first college in England to receive accredited provider status from...
Insight reveals CCA winner
Carol Harris of the Age Concern home insurance contact centre has been crowned as the Integra Insigh...
DAS buys ATE specialist
DAS UK Group has announced the acquisition of the after-the-event legal expenses insurance business ...
Allianz releases figures
Allianz recorded a profit before tax of £42.3m during the first three months of the year, down on la...
Appeal overturns statute-barred hearing loss ruling
Furniss v Firth Brown Tools (Court of Appeal - 12 March 2008)
RBS prepares auction
Royal Bank of Scotland is expected to send out its information memorandum to prospective buyers of i...
'Unrealistic' stance complicates mediation
The claim (pleaded at £87.8m) was brought by the trustees of the Malmesbury Estate (the claimants) a...
C&W wins Aviva deal
Cable and Wireless announced this week it had signed a new six-year contract with Aviva worth £300m....
Catlin: UK Ltd must sharpen up its act
The UK must improve its standing among the investor community in order to compete internationally, a...
Appointment at Direct Group
John Baldock joins Direct Group as head of fraud investigation and recovery services. He was formerl...