Claims
Adjuster dearth highlighted by CL
The UK's largest loss adjuster has revealed the depths of the talent shortage in the sector. This w...
Claimant exaggeration led to contempt charge
Walton v Kirk (Queen's Bench Division - 3 April 2009)
PI hourly rate cut would have no adverse impact
New research is set to claim that cutting hourly rates for personal injury solicitors would have no ...
Paper over the cracks
In 2007, when the then Chartered Institute of Loss Adjusters president Harry Roberts spoke of a "dem...
Aon could be unveiled as Manchester United's new sponsor as soon as today
Aon could be unveiled as Manchester United's new shirt sponsor as soon as today, Reinsurance has learnt. The broker becomes the second US insurance giant to sponsor the football club, suceeding AIG who still has a year of its original sponsorhip deal to…
QBE extend PI reach
QBE has launched a new tailored professional indemnity product for media professionals in the UK and Ireland.
Senior Guy Carpenter exec moves to Cooper Gay
Cooper Gay, the leading independent wholesale, reinsurance and specialist retail insurance broker, has announced the appointment of David Skey as it looks to grow its share of reinsurance business in Continental Europe.
Miller starts facultative reinsurance unit
As reported by Reinsurance Magazine, Miller, the UK's leading specialist independent insurance and reinsurance broker has started up a facultative reinsurance unit.
Amlin Fortis buyout 'expensive' - JP Morgan
Analysts at JP Morgan have said that Amlin's purchase of Fortis Corporate Insurance from the Dutch government for €350m was "expensive".
Amlin makes acquisition
Lloyd's (re)insurer Amlin said it has agreed to buy Belgo-Dutch property and casualty insurer Fortis Corporate Insurance (FCI) from the Dutch Government for €350m.
Aon launches Terrorism Threat map
Aon Crisis Management has launched a Terrorism Threat Map following a shift in Islamist terrorist activity from the Middle East to South Asia.
AIG to sell Argentinian consumer finance operations
AIG has said that it has entered into an agreement to sell of all its consumer finance operations in Argentina.
Heritage Managing Agency renamed Argo International
Argo, the Bermudian (re)insurer, has said that Heritage, its Lloyd's managing agency, has been renamed Argo Managing Agency Ltd. and will conduct business under the brand name of "Argo International".
Insured losses from crashed Air France plane may reach $1bn
The Air France passenger plane that went missing over the Atlantic Ocean may result in $1bn of insured losses, Guy Carpenter has said, quoting the UK reinsurance press.
Senior exec resigns from Axis - sources
Richard Housley, chief executive of Axis Capital's specialty line division has resigned from the Bermudian reinsurer, Reinsurance has learned.
Key Aon Benfield broker moves to Towers Perrin - sources
Aon Benfield has seen one of its key brokers resign to go to Towers Perrin, Reinsurance has learned .
Hardy makes Bermudian appointment
The Company is pleased to announce the appointment of Paul Bailie as Managing Director of Hardy Bermuda Limited, the group's Managing General Agent in Bermuda.
AIG unit United Guaranty appoints new CEO
AIG's mortgage guaranty insurer United Guaranty has appoint Eric Martinez Jr as its new chief executive.
Reinsurance rates up 10-15% at 1/6 - Aon Benfield
Aon Benfield, the (re)insurance broker, has said that reinsurance renewals at June 1 rose 10-15%.
MMC unit sells business
Kroll, the risk consulting arm of Marsh & McLennan, said it has sold its US government security clearance screening business, Kroll Government Services, to private equity firm Veritas Capital for an undisclosed sum.
Insured value of crashed Air France plane said to be nearly $100m
The value of the Air France plane which vanished over the Atlantic may have been nearly $100m, sources told Reinsurance.
Loss adjuster unveils new Irish office
Merlin Professional Claims Services has opened a new regional office in Clarendon Dock, Belfast as part of its strategy to create up to 10 regional offices at key locations across the UK. Similar regional offices have recently opened in Leeds, Warrington…
Texas politicians unanimously approve windstorm compromise
The Texas House unanimously approved a compromise on a windstorm insurance system overhaul Sunday night, the Houston Chronicle has reported.
Florida reinsurance renewals at 1/6 up by 15%, but still lower than expected
Florida reinsurance rates jumped by a lower-than-expected 15% at the June 1 renewals.