Commercial
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...
Appointment at Christopher Van Hagen
Darren Snow, former in-house legal counsel with CTC Services and leader of its non-marine casualty p...
GAB boss says UK needs strengthening
International claims management specialist GAB Robins has earmarked the UK as one of its priorities ...
Questioning the need for enquiries
Another year, yet another enquiry, yet more fees for lawyers and consultants involved, and all for w...
Delivering the goods
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Expect the unexpected
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NU goes live with mapping
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Appointment at Allianz Global Risks
John Pickersgill has joined Allianz Global Risks as national broker manager. He was previously devel...
Alan & Thomas acquires Abrey Beatty
Alan & Thomas Insurance Brokers have announced the acquisition of the goodwill of insurance broker Abrey Beatty.
BIBA introduces new data protection scheme for members
The British Insurance Brokers’ Association has announced the introduction of a new Data Protection scheme for all BIBA members.
Lloyds TSB sees GI drop
Lloyds TSB saw its general insurance pre tax profit decrease by £33m, or 4 per cent, to £720m in 2003. This comprised a pre-tax profit of £219m (2002: £198m) from general insurance underwriting and £501m (2002: £555m) from broking activities.
US D&O battleground to worsen say legal experts
High profile corporate scandals, such as the collapse of Enron, have created turmoil in the market for US directors & officers insurance, members of the International Underwriting Association were told at briefing last week.