Commercial
Penny Black's insurance week
One has always wondered what insurance folk get up to when they are on gardening leave . Golf, holi...
Geithner says new financial regulations needed to stop 'another AIG'
(BESTWIRE) - A new systemic risk regulatory regime is needed to prevent the next American International Group-style meltdown, US Treasury Secretary Tim Geithner told the House Financial Services committee.
S&P: Lloyd's outlook remains unimpacted by 2008 results
Standard & Poor's insurer financial strength rating and outlook on Lloyd's remains unaffected by its full-year results reported this morning.
Lloyd's profits down by £1.9bn, but chair and CEO optimistic
Lloyd's has announced a profit before tax of £1.899bn, down from £3.846bn in 2007.
Colemont in Miami joint venture
Insurance broker Colemont Global said it has signed a joint venture agreement with Al Mason, the CEO of US broker SEMA Insurance in a move that will create a new joint venture company, Colemont Miami Aviation.
Allianz welcomes Buncefield judgment
Allianz Insurance has welcomed the end of Total's high court battle with Buncefield partner Chevron.
PBS Holdings unveils new MGA panel as it splits from Axa
PBS Holdings has confirmed that Fortis will take over from Axa as the lead insurer on its underwriting panel from next month.
Ace Europe appoints marine manager
Ace Europe has appointed Mike Reynolds as marine manager for the UK & Ireland.
Government involvement drastically reshapes financial services M&A
The financial crisis has had a profound impact on patterns of M&A in financial services across Europe during 2008, reversing many well-established trends in deal activity, according to PricewaterhouseCooper.
Supermarkets greatest threat warn financial services companies
Recent research conducted by financial outsourcer, Opal, has revealed that traditional financial services companies fear that Supermarkets will pose the greatest threat to their business in the next decade.
CBG unconcerned by SME play by international powerhouses
CBG's group managing director has warned broking giants will struggle to crack the highly competitiv...
Credit hire savings
Accident Exchange has said good progress has been made in implementing cost saving initiatives. It s...
Allianz boosts fraud team
Allianz Insurance is set to recruit a new team to bolster its technical and operational fraud capabi...
Appointment at Ecclesiastical
Jonathan Harker has been appointed regional director for Ecclesiastical's southern region. He has ...
Torrance: personal lines hikes of 15% still needed
Allianz Insurance has hit out at unprofitable brokers, aggregator commoditisation and the impact of ...
Heath Lambert seeks PL gain after inertia
Heath Lambert has reported a 13% increase in its retail personal lines income after failing to keep ...
PBS boss: MGA conflicts a sign of broking power shift
The chief executive of PBS Holdings has welcomed the decision by some of its partner insurers to tar...
AIG trio join Arista
Three former AIG employees have joined Arista Insurance to form the initial team at its new Birmingh...
Acquisitive Markerstudy linked with double deal
Gibraltar-based insurance group Markerstudy is understood to be on the verge of completing its large...
Finch focus is international
AFL Insurance Brokers outlined its international ambitions after rebranding from Alec Finch (London)...
Bike brand and broker team up after legal threat
A Well-known motorbike brand is offering insurance as part of a re-launch after it was threatened wi...
Industry flock to sub-£5m investment group
A new investment consortium for the sub-£5m market, Alpine Risk Services, has attracted close to 50 ...
What the papers said this week
The Irish Independent RSA has established a subsidiary in Ireland. It is thought that the company...
Recession-proof brokers?
This year will be my 25th in insurance and if there's one truism I've learned, it's that broker dist...