Commercial
Brit global markets unit promotes trio
Brit Insurance has made new appointments within its global markets strategic business unit.
Top line discipline "encouraging"
Reinsurers are showing promising signs of rate discipline, according to Equity analysts at Jefferies Research.
Quinn UK ban ‘positive’ for prospective buyers
The decision not to allow Quinn Insurance to re-enter the UK commercial lines market is a positive step for its potential sale and the rest of the UK market, according to observers.
Government set to give go-ahead to draft law reform bill
The government appears to have given the 'green light' to the draft bill on consumer insurance law reform, according to law commissioner David Hertzell. This could take effect as early as next year, he said, which is "two years ahead of when we would…
Industry called on to agree fraud benchmark
Assessing fraud exposure against competitors is the benchmarking 'holy grail' for insurers but, as yet, no common means for comparison has been found.
Editor's comment: Chartis an unlikely saviour
With businesses warned only last week against complacency following another high-profile failure in the UK — this time social housing giant Connaught — news of being able to secure up to £10m in short-term loans from trade credit insurer Chartis will…
RSA backs prototypes in aim to double book
RSA is insuring ground-breaking technology prototypes in a bid to help it double its net written premium in renewable energy by 2015
Penny Black's insurance week
Last weekend Penny was rather royally entertained at Hampton Court Palace for one Peter Cullum's 60th birthday.
Legal update - insurance law reform: Out of pocket
Emma Rice looks at the proposed changes to insurance law, which currently does not recognise an obligation to pay damages over failure to pay claims, and what it could mean for insurers.
Compuquote launches courier offering
Compuquote has launched a courier product for brokers.
Oval buys media specialist
Oval has acquired media insurance broking specialists O'Neill and Bramwell.
Tradewise selects Auto Windscreens
Tradewise Insurance Services has re-appointed Auto Windscreens as its automotive glazing services provider.
Markel swoops for Hiscox US equine and livestock business
Markel is to acquire certain rights to the Hiscox Insurance Company animal mortality business which provides both equine and livestock coverage.
Board of Quinn Group said ban on UK commercial lines “should be reconsidered”
The Board of Quinn Group said it is very disappointed by the decision of the Central Bank and Financial Regulator not to allow the company to recommence writing commercial lines business in the UK and Northern Ireland.
DAS shuffles corporate partnerships team
Legal expenses insurer DAS has made two changes within its Corporate Partnerships Division.
Thistle appoints liability director
Underwriting Practice Jardine Lloyd Thompson-owned Thistle Insurance Services has appointed Zahid Naqvi, a senior market practitioner, as director of its professional liability practice.
Quinn: sale "not impacted" by UK decision
Quinn has responded to the Central Bank and Financial Regulator’s decision today not to allow its insurance business to re-enter the UK commercial lines market.
Markel extols value of ECF
A pilot project led by Markel International has found the time taken for lawyers to recover fees from insurers can be "slashed" using the Electronic Claims File system.
Mutual warns of rise in sheep rustling
Cornish Mutual has warned the high price of lamb could lead to a marked increase in claims for sheep rustling.
Cooper Gay partners with UMACS
Cooper Gay has entered into a partnership with Underwriting Management and Actuarial Consultancy Services to provide quantitative reinsurance reviews and capital modelling services to Cooper Gay’s clients.
ECIC strikes deal with Acturis
The Electrical Contractors’ Insurance Company has teamed up with insurance technology company Acturis to deliver a range of online tradesman products.
Quinn: sale "not impacted" by UK decision
Quinn has responded to the Central Bank and Financial Regulator’s decision today not to allow its insurance business to re-enter the UK commercial lines market.
Quinn refused re-entry to UK commercial market
Quinn Insurance will not be allowed to re-enter the UK commercial lines market following a decision by the Irish Regulator and Central Bank.
Quinn refused re-entry to UK commercial market
Quinn Insurance will not be allowed to re-enter the UK commercial lines market following a decision by the Irish Regulator and Central Bank.