Commercial
WR Berkley's Q1 remains flat
W. R. Berkley, the US insurer, said that first quarter net income was flat at $188m the same as it was in the first quarter of 2007. Operating income for the first quarter of 2008 fell to $153 million from $184 million for the corresponding quarter of…
Arch Capital Q1 net income drops $9.2m
Arch Capital, the Bermudian (re)insurer, said that first quarter net income fell to $189.4m from $198.6m the year before.
Chase IT appoints new business development head
Chase IT Services has appointed Andy Nightingale as head of business development.
Allstate budgets $240m less for Cat spend in 2008
Giant US insurer Allstate has revealed that is has budgeted $240m less to pay for its 2008 catastrophe reinsurance coverage in 2008.
Arista boosts Manchester team
Arista Insurance has appointed a broker development manager and senior underwriter at its recently established Manchester branch.
Silverbeck Rymer launches FNOL product
Following twelve months of development and £2m worth of investment, law firm Silverbeck Rymer has announced the launch of an innovative First Notification of Loss service.
Brits appoints CEO
Brit Insurance has appointed Matthew Wilson as chief executive officer of its global markets busines...
Appointment at Brit
Brit Insurance has appointed Lawrence Burgess as motor fleet underwriter and Joe Murphy as property ...
Morrisons seeks insurance launch partners
The UK's fourth largest supermarket group Morrisons is in discussions with prospective partners to s...
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International PMI
Allianz Global casts net outside capital
Allianz Global Corporate and Specialty is casting its sights outside of London with the establishmen...
Broker Direct to scour UK for further buyouts
Broker Direct has acquired Tamworth-based Bevan Fox Insurance and revealed it has a "substantial" am...
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Business Continuity: Targeting SMEs
Goodhealth MD steps down after buy-out
The long-serving group managing director of Goodhealth Worldwide has resigned following the company'...
Appointment at Allianz
Anne-Marie Flexman has joined Allianz Personal as proposition development manager. Ms Flexman will b...
Cooper Gay considers Heath wholesale arm
Heath Lambert has confirmed it is in talks with Cooper Gay over the sale of its general wholesale bu...
High hopes for TBN scheme
The Broker Network's high hopes for its new associate membership plan are coming to fruition, accord...
Number of US subprime-related lawsuits surged in Q1 2008 - report
Navigant Consulting has said the number of subprime-related cases filed in federal courts surged in the first quarter of 2008, dramatically outpacing 2007 filings. The total filings are close to surpassing the savings-and-loan (S&L) crisis litigation of…
Everest Re Q1 net income slides; operating income down 40%
Everest Re, the US reinsurer, said that first quarter net income dropped to $77.9m from $297.6m the year before.
Howden and Zurich team up
Lloyd's broker Howden has announced a new partnership with Zurich to underwrite its British Insurance Brokers' Association accredited scheme for brokers’ professional indemnity.