Commercial
Airmic: members will have to take Solvency II pain for little gain
The Solvency II reforms as currently proposed would reduce the amount of insurance capacity available to UK businesses and put up the cost of cover, the Association of Insurance and Risk Managers has warned.
Garratts agrees €700k warranty deal
Lancashire-based insurance broker Garratts has secured a contract to arrange tyre warranties worth €700 000 in Spain and Portugal.
Garratts agrees €700k warranty deal
Lancashire-based insurance broker Garratts has secured a contract to arrange tyre warranties worth €700 000 in Spain and Portugal.
Councils to split £5.3m flood fund
A £5.3m award to 49 local authorities to help them tackle surface water flooding has been announced by the environment minister Huw Irranca-Davies.
EMB: "motor reserves running out"
Things expected to get worse for motor market according to an EMB report.
Marsh: concerns persist over environmental liabilities
The heightened environmental liabilities created by recent European Union and UK environmental legislation were among the top risk management concerns raised by delegates at this week's Base conference in London, according to Marsh.
Marsh: concerns persist over environmental liabilities
The heightened environmental liabilities created by recent European Union and UK environmental legislation were among the top risk management concerns raised by delegates at this week's Base conference in London, according to Marsh.
Aviva launches media insurance product
Insurance giant Aviva has launched a specialis product offering protection for media firms.
Biba revamps medical insurance group
The British Insurance Brokers’ Association is to broaden the remit of its private medical insurance group to include areas such as income protection, critical illness, and group life insurance in addition to private medical insurance.
Former Axa manager joins Lorega
Lorega has appointed Jonathan Mainwaring as broker business development manager for the Southern region.
Ace outlines $125m cat losses from first quarter
Ace has announced its estimated net after-tax losses in the first quarter from natural catastrophes will be approximately $125m, including reinstatement premiums.
Ace outlines $125m cat losses from first quarter
Ace has announced its estimated net after-tax losses in the first quarter from natural catastrophes will be approximately $125m, including reinstatement premiums.
London market: offshore wind of change
Offshore wind energy is going to be big business — and so too the opportunities for insurers. But not all of it will be plain sailing for underwriters, explains Matthew Yau.
Evander MBO opens new client stream up
Insurance services provider Evander believes that its recent management buyout has opened up a significant new potential client stream for it.
MYI opens 11th office in Leeds
Niche commercial loss adjusting group MYI has opened its 11th UK office in Leeds with the recruitment of two senior adjusters.
NIG aims to double SME market share
NIG has insisted its relationships with regional brokers have not been impacted by its UK restructure, after finalising the underwriting line-up of the company's regional centres.
SBJ boss hails Lonmar intent after rebrand
SBJ Global Risks has rebranded as Lonmar Global Risks in a move to clearly align itself with the London and international specialist insurance market.
Allianz raises concerns over crane scheme
Allianz Engineering has questioned the effectiveness of a new tower crane safety scheme due to come into force on 6 April.
QBE hopes to quell concerns
QBE expects its new-look underwriting structure to address broker concerns over the cross-selling of its products, chief executive Steven Burns has said.
LAM set to return within two years
London Authorities Mutual could make a return to the market within the "next 12 to 24 months", according to its management company.
Fortis rebrands insurance arm as pre-tax profits fall
Fortis is to rename its insurance operation as Ageas following the break up of its parent company and the sale of its sister banking arm and brand to BNP Paribas 18 months ago.
Tesco signs software deal with Cheshire Datasystems
Tesco Bank has agreed a five-year deal for the provision of its customer service centre and website software with Cheshire Datasystems.