Commercial
Folgate buys Finch portfolio
The Folgate Partnership has acquired the credit and surety business portfolio of Finch Commercial In...
Cox Lloyd's future clouded by Highway talks
The future of Lloyd's' largest motor syndicate, 218, was thrown into uncertainty this week following...
Misys electronic trading system
Misys Financial Systems' electronic trading system for commercial brokers, Oasys Commercial, has bee...
Commentary - Duty of care appeal awaited
The House of Lords decision in Goodes v East Sussex CC (2000) concluded that section 41 of the Highw...
Zurich to target high-risk sectors
Enhanced capacity and risk-based underwriting for property risks in the food and beverage industry l...
Amlin makes Lloyd's threat
Results
Appointment at Brit Insurance Holdings
Brit Insurance Holdings has appointed Peter Hazell and Michael Smith as non-executive directors. Mr ...
Solicitors can fill high-street needs
The recent article on personal legal expenses (PM, 11 March, pp13-14) was correct in noting the chan...
Lloyd's welcomes Budget announcement
Lloyd's chairman Lord Levene welcomed today's Budget announcement concerning legislation to remove tax barriers to individual members converting to limited liability.
Markel boss gives Lloyd's a 'still could do better' report
Tony Markel, president and CEO of Markel Corporation says he is encouraged by progress at Lloyd's, particularly by the Franchise Board, but still considers there is much to be done and a softening of rates now would be “unbelievably premature".
Axa boosts personal lines team
Axa has appointed Keith Hector as national development manager personal lines intermediary, with effect from today. He will assume direct responsibility for the Axa’s personal lines intermediary account manager team, reporting directly into Mike Keating,…
MMA head reaffirms commitment to UK
During a visit to the UK earlier today, Jean-Claude Seys, chairman and chief executive officer of French Mutual MMA-MAAF, confirmed the group’s commitment to the UK.
Alea profits hit new high, chairman predicts rates will hold
Bermuda-based insurer Alea Holdings has announced record operating earnings for the year ended 31 December 2003, operating profit based on longer-term investment return up by 274% to $80.8 million (£44.61m).
Cox in talks to acquire Highway
The board of directors of Highway have confirmed that they are in discusssions with Cox Insurance Holdings that may led to a "recommended all share offer being made by Cox for the company".
Fortis' insurance operations swing back into profit
Financial services group Fortis has posted net profits of 2197m euros (£1.5bn), an increase of 532m euros for the year ending 2003.
Helphire moves into new Bath headquarters
Credit hire provider Helphire Group has started moving staff into its new headquarters, the former Ministry of Defence site in the centre of Bath, following a £5million refurbishment.
NU looks to apprentice staff
Norwich Union looks set to build on the recruitment of a trio of apprentices by employing further st...
New medical malpractice team at Miller
Miller Insurance Services today announced the arrival of a new medical malpractice and professional liabilities team. The five-strong unit is a joint venture between Lloyd’s broker Claytons and consulting actuaries Dion Durrell.
Director gets 5-year ban following DTI enquiry
A former director of insurance broker The Management Company has been banned from being a company di...
Appointment at Rural Insurance
Debi Mawer has joined Rural Insurance as a team leader. She previously worked at Frizzells and BIB U...
Catlin targets London after IPO
Catlin Group is planning to allocate significant capital resources to its Bermuda-based insurance co...
Risky business
Risk Report
First Chinese insurer in seven years approved
China's first dedicated agricultural insurance company is expected to start soon, after obtaining of...
Six charged over NU fraud plan
Six people have been charged by Merseyside Police with conspiracy to defraud Norwich Union. The case...