Commercial
Omega puts Chilean quake loss at $23m
Omega Insurance Holdings today announced that it has completed its initial estimate of losses arising from recent major catastrophe events - the Chilean earthquake and European windstorm Xynthia.
HSBC to be operate as MBL as Marsh completes broker deal
Marsh today completed its previously agreed acquisition of HSBC Insurance Brokers, a wholly owned subsidiary of HSBC Bank, in the UK and other key markets in Asia and the Middle East.
Zurich outlook revised upwards by S&P
Standard & Poor's Ratings Services has revised the outlooks on the various operating entities of Switzerland-based insurance group Zurich Financial Services to stable from negative.
HSBC to be operate as MBL as Marsh completes broker deal
Marsh today completed its previously agreed acquisition of HSBC Insurance Brokers, a wholly owned subsidiary of HSBC Bank, in the UK and other key markets in Asia and the Middle East.
Market awaits Law Society verdict on Quinn
Lockton has warned that thousands of UK law firms could be impacted if the Law Society de-lists Quinn Insurance as an approved insurer after the company fell into the hands of administrators on Tuesday.
Aviva issues asbestos warning
Aviva is urging property owners to observe safety regulations after a company was prosecuted for exposing building workers to asbestos.
Market ripe for mergers & acquisitions
There are clear opportunities in the current market for deals involving the buying and selling of UK insurance broking businesses, particularly in the medium-size sector, according to accountant and consultant Moore Stephens.
Incoming CILA president Homewood joins MYI board
Niche commercial loss adjuster MYI has continued its strategy of aggressive recruitment by announcing the expansion of its UK executive board with the appointment of Andrew Homewood as an executive director.
Former QBE CEO steps down as chairman
At a board meeting of QBE yesterday chairman John Cloney announced his retirement effective 4 July 2010.
Former QBE CEO steps down as chairman
At a board meeting of QBE yesterday chairman John Cloney announced his retirement effective 4 July 2010.
Law firm blames Quinn woes on Irish economy
The news today that Quinn Insurance has been placed into provisional administration will concern solicitors according to Hugh Evans, financial litigation partner at DLA.
Law firm blames Quinn woes on Irish economy
The news today that Quinn Insurance has been placed into provisional administration will concern solicitors according to Hugh Evans, financial litigation partner at DLA.
Entertainment brokers seeks to double size after US tie-up
Stockport-based Doodson Broking Group has signalled its intent to double in size over the next five years after forming a partnership with US broker Crossfields Insurance.
Entertainment brokers seeks to double size after US tie-up
Stockport-based Doodson Broking Group has signalled its intent to double in size over the next five years after forming a partnership with US broker Crossfields Insurance.
Letsure agrees insurance deal with Hamptons International
Lettings insurance specialist Letsure has agreed a deal to provide insurance products to landlord customers of residential agency Hamptons International.
FSA "working closely" with Irish regulator over Quinn
The UK's Financial Services Authority has said it is working with its Irish equivalent over the issue of Quinn Insurance.
Biba responds to Quinn order
The British Insurance Brokers' Association has issued a response to the Irish financial regulator's confirmation that it has directed Quinn Insurance to cease writing new business in the UK.
FSA "working closely" with Irish regulator over Quinn
The UK's Financial Services Authority has said it is working with its Irish equivalent over the issue of Quinn Insurance.
Beazley offers online event insurance
Beazley has launched an online system designed to provide cost effective access to event cancellation and liability insurance.
EMB warns Lloyd's about taking its "eye off the ball"
Even after record aggregate profits announced by Lloyd’s for 2009, some market segments cannot afford to take their eye off the ball according to EMB, the actuarial and business consultancy.
NIG
NIG has appointed seven area underwriting managers.
Jelf receives Beacon recognition
Insurance broker Jelf has become the latest Beacon South-west accredited company, being recognised as one of the region's top performing businesses.
Higos employee wins Bristol achiever award
Higos Insurance Services employee Caroline Webster has won the Insurance Institute of Bristol achiever award for 2010.
E-Business 2010 - Conference News: Industry is dragging feet on commercial
SSP director Richard Crocker has accused the insurance industry of dragging its feet on the development of a sophisticated online channel for commercial lines.