Commercial
Insurance image - A much-needed makeover
Insurance is an industry that suffers from a bad public image. Sam Barrett reports on why this is, and what insurers can do to change public opinion
Iceland goes to London
London's attractiveness to the global insurance market and international players was again highlight...
TRH battered but not broken by 2005 hurricane bill
Transatlantic Holdings (TRH), the parent company of Transatlantic Re, has reported that its net income for the year ended December 31, 2005 amounted to $37.9m, compared to $254.6m, in 2004. Net income for the fourth quarter of 2005 amounted to $13.5m,…
NU doubles team size to meet demand
Increasing demand for fleet risk management services has prompted Norwich Union to double the size of its adviser team – making it the UK’s largest, the insurer claimed.
Brit linked with sell off
Lloyd's insurer Brit has been tipped to sell off its £20m stake in paperless trading platform Ri3k.
Highway launches EDI commercial vehicle on Insurecom
Motor insurer Highway has increased the facilities available to brokers using Insurecom by both launching a full cycle EDI commercial vehicle product and adding an electronic renewal function to its existing private car product.
AM Best gloomy on 2006 reinsurance market outlook
AM Best has extended its negative outlook for the US and Bermuda reinsurance markets for 2006.
Fortis in exclusive negotiations to form joint venture with PO
Fortis in exclusive negotiations with Irish Post Office to create financial services joint venture. The insurance group said it was chosen for exclusive negotiations with An Post, the Irish Post Office, to create a financial services joint venture.
Zurich outlines $1bn cost cutting plan as GI profits rise 54% in 2005
Zurich this morning said its general insurance business saw its operating profit rise 54% to US $1.9bn in 2005. It claims the improvement was supported by the strong underwriting performance in the Europe general insurance and International GI arms, an…
Two awards for Allianz
A senior manager at Allianz Cornhill Engineering has been awarded two prizes at this year's Chartere...
Top 10 brokers increase premium income by 32%
The UK's leading 10 brokers and networks are cementing their position in the UK, and are the only fi...
Slipping through the net
Premium Finance
Consolidator giant to combat direct SME
Broking consolidator Towergate is to expand into the online direct business insurance market this ye...
Member of AMG MBO team quits
The management team which bought out loss adjuster Ashworth Mairs Group in October 2005 has lost one...
Win Gold Cup Cheltenham tickets
Post Magazine has teamed up with Brit Insurance to offer five pairs of admission tickets with Club E...
One trade body not failing
As payment protection insurance providers continue to face pressure from consumer groups and regulat...
Allianz Cornhill granted appeal but expects summer hearing at earliest
Allianz Cornhill has won a crucial battle in its fight to stop an injury settlement rising way above...
The BIBA appoints Peter Kelly to its board
The British Insurance Brokers' Association has appointed Peter Kelly, head of office at Marsh Belfas...
ABI denies cancer call
The Association of British Insurers has denied claims that it will be submitting an application to t...
Is the market basically flawed?
The debate over the whys and wherefores of the new Fusion panel has met with a typically steely resp...
Leadership group launched
Prince's Trust
Aon announces major outsourcing initiative
Aon is set to dicuss plans to outsource its client operations division with several commercial entities. According to Aon, claims servicing within Aon’s retail insurance divisions will remain unaffected by these proposals. COD employs 600 people and is…
Capita acquires broker's arm
Capita Insurance Services has acquired Aon Claims Management, which is the delegated claims operation of Aon UK, for an undisclosed sum.
Allianz Cornhill accredited for EiC
Allianz Cornhill has received a prior learning accreditation from the Chartered Insurance Institute ...