Commercial
Lloyd's syndicates tempt fate with AGM reports
Three Lloyd's insurers have issued AGM statements that confirm the very positive trading conditions for the market so far in 2006, according to analysts Keefe Bruyette and Woods. But it warned that the full year outcome, of course, hangs much on how hard…
Insurance recruiter on expansion drive
Insurance recruitment consultancy Darwin Rhodes has increased its UK staff numbers by 40% since Janu...
Ex-Churchill bosses go head to head with start-ups
Churchill founder Martin Long has thrown his weight behind a new SME underwriting start-up headed by...
Broker plans more acquisitions
Lloyd's broker Windsor will continue to support its growth through acquisitions, its chief executive...
Allianz stops short at mandate
Security on some construction vehicles is "like a 1960s Mini", a senior engineering underwriter warn...
RTA judgement saves insurer from £1m bill
Andrew Mcminn v Iain Mcminn and Aioi Insurance Company of Europe (Queen's Bench Division - 11 April 2006)
NU reduces PL broker staff
Norwich Union's decision to reduce the number of personal lines broker handlers it has in Bristol is...
Insurers would not cope with another "real biggie"
With a focus on both the building repair industry and personal injury, insurance company claims managers came together at Post Magazine's Claims Club to discuss the bigger issues. Ralph Savage reports
Post Magazine Claims Club Advisory Board
Chair: Anthony Gould, editor in chief, Post Magazine Board: Steve Eckhardt, director, senior claims...
Budget acquires Hara Hill Wason
Budget has acquired Scottish-based broker Hara Hill Wason. The acquisition adds six high-street outl...
Insurer repositions SME
Zurich will be providing 100 underwriters to service brokers handling SME business under its new pro...
CMIB sale may hit Zurich Commercial
The sale of Country Mutual Insurance Brokers could see Zurich lose its most significant chunk of bus...
Ace Europe to join I-market
Ace Europe is to join I-market, the UK insurance industry portal. The insurer initially used I-marke...
Appointment at Brit Insurance
Mark Jones has been appointed marketing director at Brit Insurance. Mr Jones joins from Cofunds, an ...
Kiln writes less for more premium as rate rises accelerate
In an AGM statement specialist Lloyd’s (re)insurer Kiln has said trading conditions have shown considerable improvements year on year and this trend, which began immediately after the 2005 hurricanes, has continued and accelerated as 2006 has progressed.
2006 hurricane season could hit US eastern seaboard
With hurricane season about to begin in the US, experts have said that the coming month would see two-thirds of the activity seen last year, but warned that concentration might move up to eastern seaboard from the Gulf coast.
Arag is planning to enter the UK insurance market
Arag Allgemeine Rechtsschutz-Versicherungs-AG is preparing its entry to the UK. The company filed the appropriate documents on 22 May to initiate the approval process by the Financial Services Authority (FSA). Arag anticipates the official start of…
Windsor profit and income increases
Broker Windsor has reported its pre-tax profits increased by 3% to £1.75m (2005: £1.7m) over the six months up to 31 March 2006.
Brit appoints new FD
Brit Insurance has appointed Richard Coulthwaite to the newly-created post of finance director, underwriting. He joined the company in April and will report to group finance director.
Former RBSI head close to raising finance for new insurer
John O'Roarke, former chief operating officer of Royal Bank of Scotland Insurance is close to sealing a finance deal worth £84m to launch a new multi-channel insurer, and has entered final talks with “less than five” backers, writes Anthony Gould. A deal…
Ace joins Imarket
Ace Europe is to join Imarket, the UK insurance industry portal.
JLT to expand into China’s insurance market
Jardine Lloyd Thompson today has commenced operations as an insurance and reinsurance broker across China through its new majority owned joint venture with Guangdong Ricsson Enterprises.
Zimmermann takes on Asia Pacific role at CMGL
CMGL has appointed Urs Zimmermann as CEO of its Asia Pacific operations. Mr Zimmermann, who is based in CMGL’s Asia Pacific headquarters in Sydney, took up his post on 1st May 2006.
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