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RSA raises £500m of debt
RSA, the insurance giant, said that it has raised £500m of lower tier two subordinated debt.
Private equity firm interested in buying part of Chaucer
Private equity firm Pamplona Capital Management has said that it is interested in buying 29.9% of Lloyd's (re)insurer Chaucer.
Fortis UK GWP up 7% on quarter one 2008
Fortis Insurance International this morning reported that total gross inflow (including non-consolidated joint ventures on a 100% basis) increased 22% quarter on quarter to EUR 2.3 bn despite difficult market conditions. Compared to the first quarter of…
AIG to IPO Asian life unit - reports
AIG plans to spin off its Asian life insurance unit in a $5-10bn Hong Kong initial public offering in the first quarter of next year, according to reports.
Biba News 2009: DAS outlines ambitions for "market leading" offer
DAS Legal Expenses Insurance is to unevil its new motor solution to brokers at BIBA, which it has high ambitions of becoming a market leading offer.
Biba News 2009: Provident in new motor add ons push
Provident Insurance has added to its range of add-on motor policies with the launch of a product to financially assist motorists against the effects of the depreciating value of their vehicles in the event of a total loss.
MPs call for FSA regulation of personal injury claims
Five MPs have tabled an early day motion calling for the Financial Services Authority to step in and regulate the way in which personal injury claims are handled.
Biba News 2009: LV releases new broker portal
LV has today announces the launch of its new commercial package trading website. The portal 'LV Broker Gateway' will be available to all brokers with an LV agency.
Biba 2009 News: Marketform unveils new lines of business
Marketform Group, a specilaist non-US medical malpractice and other specialty lines, has announced that it is now underwriting a number of new classes of business.
Biba 2009 News: HNW and MNW specialists unite for product push
Sister personal lines insurance specialists Oak Underwriting and Plum Underwriting have joined forces to offer brokers a full spectrum of cover for all mid to high net worth policyholders.
Chaucer tightlipped on offer as it records 42.3% hike in GWP
Lloyd's insurer Chaucer this morning reported that total gross written premium income to the end of March 2009 was ahead of budget at £257.8m (2008 Q1 £181.2m), an increase of 42.3% It added underlying growth in premium income excluding Syndicate 4242…
CTC buys Axiom
Charles Taylor Consulting has acquired Axiom Holdings, an independent insurance and reinsurance supp...
Victory for "common sense" in Hungerford Bridge death case
The employers of a welder killed while working on a major construction project on the Hungerford Bri...
What the papers said this week
Newcastle Chronicle An insurance company has apologised for threatening to take a schoolboy to ...
Hiscox up 51%
Hiscox has reported a 51% increase in premium income to £486.5m (2008: £321.3m) for the first three ...
KGM bucks training trend with CII day
KGM Motor Insurance has boosted its learning and development activity by inviting the Chartered Insu...
Time to test yourself
A selection of topical questions from the question banks of Ed.Learn - The CII's Online Training Resource
Appointment at Insurecom
Insurecom, the general insurance software house, has appointed three new senior personnel. Sandeep ...
Zenith withdraws from GTA
Zenith Insurance has become the latest insurer to withdraw from the credit hire general terms of agr...
Brokers' clients feeling the pain
In the latest Professional Broking Sentiment Survey, published in the May edition of Post's sister m...
Axa appoints new head
Axa has appointed Darren Cornish as head of claims experience. The insurer said Mr Cornish will work...
Pandemic concerns
Risk managers are most concerned about a potential loss of staff and disruption to customer service ...