Commercial
XL to take control of joint venture Le Mans Ré
XL Capital of Bermuda is likely to take a 67% controlling interest in Le Mans Ré, which XL formed wit...
Ockham drives ahead with Highway
Ockham Holdings has recorded a rise in pretax profits in the first half of this year to £5.8m compare...
Five act to stop rot.
Five of the UK's biggest general insurers are looking at setting up a new market intelligence-gather...
NU sends 4000 underwriters to school
Norwich Union today launched an academy to hone the skills of more than 4,000 of its underwriters. ...
Wren: Alder rights.
Lloyd's insurer Wren, part of Brit Insurance Holdings, is to acquire the right to manage syndicate 4...
Cornhill quits travel sector.
The travel scheme sector contracted further this week with Allianz Cornhill confirming it had withdra...
HST to take AIM.
HST Financial, the financial services distribution company, plans to seek admission to trade on AIM ...
Loss Recovery Group set to float.
The Loss Recovery Group plans to seek a stock market flotation in 2003 on AIM, according to managing...
Mix and match.
The small business sector is growing, and some, such as self-employed contractors, need the extra support that employers' liability can provide as legislation mounts. Brokers are cementing EL's value by adding other relevant products into the mix, says…
Henderson takes Claims Direct job
No win no fee claims management company Claims Direct has appointed Ronnie Henderson as chief executi...
Alea to enter "unprofitable" D&O market.
London market reinsurer Alea has signalled its intent to make a foray into the much-maligned directo...
Baldwin crane cover.
Allianz Cornhill Engineering has reached an agreement with Baldwin Industrial Services to provide in...
Goodhealth launches online quotes.
Primary Insurance subsidiary Goodhealth has launched an online quotation system to help brokers spee...
Guardian closure.
Computer disaster recovery firm Guardian iT this week announced the closure of its web-hosting divis...
NU may yield commercial pen.
Norwich Union is set for a renewed push in the commercial sector with underwriters, and possibly bro...
Groupama casts net high.
Groupama is set to enter the high net worth market in a move that will open the company up to a "sig...
Britannic interim profits fall
Insurance group Britannic's today announced that its operating profits for the six months to 30 June ...
Big names develop more web systems.
Two leading reinsurers look set to expand the amount of reinsurance traded on-line with two e-commerc...
New tool finds favour.
Reinsurance trading on-line got off to a slow start but e-commerce is gradually tightening its hold on the market. John Sanders investigates how much reinsurance business is actually being done on-line.
The devil is in the detail.
In the words of the chairman of Lloyd's, Sax Riley, the Lloyd's results in 1998 were "nothing short of diabolical". Robert CB Miller considers the effects of underwriting incompetence at Lloyd's.
Zurich reveals spin-off detail.
Zurich Financial Services (ZFS) is to reveal details of its proposed disposal of Zurich Re on 6 Septe...
Not impressed.
A year after taking over St Paul Re's European operation, Tom Mahoney (right) is still horrified at how the London market does much of its business, he tells Vic Wyman.
Fitch warns on cat bonds.
The first total loss for buyers of catastrophe-linked bonds could hit demand severely, even though i...
Reinsurex seeks UK partner.
The property reinsurance broker Reinsurex Intermediary of New York expects to visit London this mont...