Leigh Jackson
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Lloyd’s profits dip after catastrophes
Insurance market Lloyd’s has posted profits of £2.2bn for 2010 – down more than £1.5bn on the sum for 2009.
Horwich Farrelly backs “radical” Jackson reforms
Insurance litigation law firm Horwich Farrelly has backed the Ministry of Justice’s plans to implement the Jackson Review.
RBSI names Palmer as NED
Royal Bank of Scotland Insurance has appointed former Legal & General finance director Andrew Palmer as a non-executive director.
Clarke outlines CFA plans
Justice secretary Ken Clarke has confirmed that the government will modify ‘no win, no fee’ arrangements with its implementation of the Jackson Review.
Insurers landed with $43bn cat bill
The insurance industry was hit with a $43bn (£26.8bn) exposure for natural catastrophes and man made disasters during 2010, research from Swiss Re has revealed.
Greenwoods raids Clarke Willmott for insurance unit
Law firm Greenwood has acquired the insurance team of Southampton-based Clarke Willmott.
Clarke poised to unveil Jackson plans
Justice secretary Ken Clarke will address parliament tomorrow outlining the government’s plans for the implementation of the Jackson report, Post has learnt.
Pitmans adds to defendant insurance team
Law firm Pitmans has appointed solicitors Joanne Eden, Stacey Marsh and William Meek to its defendant insurance division.
Liberty grows Brazilian operations
Lloyd’s underwriter Liberty Syndicates has moved to a new office in Sao Paulo.
AIR revises Japan estimate to $30bn
Catastrophe modelling firm AIR Worldwide has lowered its insured loss estimate for the Japanese earthquake from up to $35m (£21.7bn) to $30m.
DDC unveils new service
DDC Outsourcing Solutions has unveiled a new combined lead generation and sales service.
Government considers NI corporation tax devolution
The government has outlined potential plans to grant the Northern Ireland Executive the power to set its own rates for corporation tax.
Tawa posts $6.8m discontinued business loss
Tawa has announced a $6.8m loss from discontinued operations – down from a $12.1m profit for 2009.
ABI reveals stress test concerns
The Association of British Insurers has questioned the Insurance and Occupational Pensions Authority’s decision to schedule a stress test during the implementation of Solvency II.
ABI reveals stress test concerns
The Association of British Insurers has questioned the Insurance and Occupational Pensions Authority’s decision to schedule a stress test during the implementation of Solvency II.
Axa unveils new legal panel
Insurer Axa has named an eight-strong global panel of legal advisers following a five month tender process.
Abbey Protection posts profit increase
Abbey Protection has reported pre-tax profits of £9.6m for 2010 – a 9% increase on the £8.6m gained in 2009.
APC unveils SME shopkeeper product
Underwriting agency APC has launched a new product aimed at shopkeepers in the SME space.
No-fault forum shopping fears calmed by lawyers
Insurance lawyers have played down fears that proposals to introduce a no-fault system for clinical negligence claims in Scotland could result in forum shopping.
Budget 2011: Government CER plans “unclear”
Accountancy advisers Mazars has claimed that government proposals to maintain tax relief on Claims Equalisation Reserves “leaves more questions open than it answers”.
Eiopa launches insurance stress test
The European Insurance and Occupational Pensions Authority has launched a Europe-wide stress test for the insurance sector.
Eiopa launches insurance stress test
The European Insurance and Occupational Pensions Authority has launched a Europe-wide stress test for the insurance sector.
Budget 2011: CER tax relief maintained
The government has outlined plans to continue to provide tax relief on general insurance claims equalisation reserves until at least 2012.
Budget 2011: KPMG backs Osborne measures
Professional services firm KPMG has welcomed the new tax measures laid out in Chancellor George Osborne’s 2011 budget.