Commercial
Converium shareholders need to raise capital
The board of Converium told shareholders it needs to raise another $420m (£234m) in capital via a sh...
How we can learn to live with risk
Risk and opportunity are two sides of the same coin - neither can exist without the other. Companies...
The MDU is in fine financial fettle
The Medical Defence Union is in good financial shape. Its accounts should be read bearing in mind th...
Underwriter makes online property push
Insurance underwriter Commercial Express has launched an interactive website for brokers in a move t...
Professional Mortgage Network joins Select and Protect panel
Select and Protect, provider of household and MPPI cover through financial advisers, has announced a new partnership with Professional Mortgage Network.
RFIB sees 50% growth
RFIB Group, the international Lloyd’s insurance and reinsurance broker, has recorded a 50% increase in pre-tax profit to £5m (£3.3) for the year ended 31 March on total revenue of £27.1m
NIG secures motor deal worth £5m
NIG has secured a £5m book of commercial motor business through Sutton Barnard Insurance Brokers in Surrey.
US broker body approves Nexsure agency system
The US-based Council of Insurance Agents and Brokers has announced its endorsement of Nexsure, an ag...
The rollercoaster heads down
Although reserve pressures remain, softening markets in 2004 may be the result of market competition, explains Edmund Megna
PWC survey looks at risk
Financial services companies have pushed risk management further up the corporate agenda and regard ...
Appointment at Allianz Insurance Management Asia Pacific
Bruce Bowers has been appointed chief executive, Asia, of Allianz Insurance Management Asia Pacific,...
Re is on the next floor up
The 'department store' approach can offer substantial benefits for diversified financial services groups, writes Henry Keeling
Non-life on the ocean wave
Marine
Fitch affirms Munich Re rating
Fitch Ratings has affirmed Munich Re’s Insurer Financial Strength (IFS) and long-term ratings at 'AA' (very strong). At the same time, the agency has affirmed the ratings of certain Munich Re bond issues as listed below. The outlooks on all ratings…
Highway confirms third party claims supplier
Broker only motor insurer Highway Insurance has awarded Countrywide Property Inspections full delegated authority to settle claims for damage to third party property resulting from a motor accident claim.
Talent is not maximised
Financial services firms are failing to maximise their return on talent, according to new research b...
SME figures suggest rising numbers
The Small Business Service, an executive agency of the Department of Trade and Industry, has published small and medium-sized enterprise statistics for the UK in 2003.
JLT relocates to Leeds to win business
Jardine Lloyd Thompson has relocated its North-east regional office from Huddersfield to Leeds. The ...
Appointments at QBE
QBE has appointed Alastair Herbert, and David Draper, as joint underwriting managers for its UK and ...
Groupama Insurances adds clause to terms of business agreement
Groupama Insurances has added a non-solicitation clause to its terms of business agreement and said ...
Appointment at Allianz Cornhill
Michael Markwell has been appointed musical instrument manager at Allianz Cornhill Musical Insurance...
Allianz Cornhill Engineering reveals involvement in film
Allianz Cornhill Engineering has revealed its involvement with the recent blockbuster film, Thunderb...
RBS looks to NIG for growth
Last year, when Royal Bank of Scotland bought Churchill, some commentators suggested NIG would not l...
New chairman for International Underwriting Association
The International Underwriting Association has appointed a new chairman for its marine technical com...