News
Lord Young "fails to draw distinction"
The Motor Accident Solicitors Society has said that Lord Young’s report fails to draw distinction between RTA claims, which are increasing, and other PI claims, those affected by Health and Safety, which are falling.
Warren Buffett plans to buy more Munich Re shares as he passes 10% threshold
Munich Re has today confirmed that Warren Buffett, and his various assets, now have 10% of voting rights in the company.
Underwriting Service Awards 2010 - shortlist announced
After months of research with the people best qualified to judge underwriters' performance - their brokers - the results are in. Congratulations to all those who have been shortlisted in the Underwriting Service Awards 2010. The winners will be announced…
CBG strikes deal with England rugby star
CBG Group has bolstered its sports division by teaming up with the company owned by England rugby star, Paul Sackey.
Warren Buffett plans to buy more Munich Re shares as he passes 10% threshold
Munich Re has today confirmed that Warren Buffett, and his various assets, now have 10% of voting rights in the company.
Fusion creates 100 jobs in the East Midlands
Fusion, part of BGL Group, has confirmed plans to create 100 new jobs at its Parkside Business Park offices, Coventry.
Aon applauds solicitors' renewal rate
Aon received nearly four times the number of professional indemnity proposals from solicitors at the beginning of August than the same time last year.
IUA warns of "dearth" of regulators
A lack of qualified staff could undermine government plans to reform UK financial regulation, the International Underwriting Association has warned.
UK insurers warned about new 20% EU tax hit on outsourcing
The UK insurance industry has today been warned it is set for increased costs on outsourcing as other EU countries force through the removal of the VAT exemption on outsourced claims handling.
XL Insurance appoints liability underwriter for Ireland
XL Insurance, the global insurance operations of XL Group, has appointed Brendan Carberry as liability underwriter in Dublin.
Willis strengthens group mining practice
The broker has drawn together US, UK and international mining experts to serve global clients.
Ascot reduces underwriting capacity
Ascot Underwriting has confirmed that Lloyd’s has approved its 2011 capacity of £600m.
Lord Young report fuels compensation culture hysteria
Legal expenses insurer, Arag, said that Lord Young’s report on Health & Safety has missed the perfect opportunity to debunk the compensation culture myth once and for all.
IUA warns of "dearth" of regulators
A lack of qualified staff could undermine government plans to reform UK financial regulation, the International Underwriting Association has warned.
UK insurers warned about new 20% EU tax hit on outsourcing
The UK insurance industry has today been warned it is set for increased costs on outsourcing as other EU countries force through the removal of the VAT exemption on outsourced claims handling.
XL Insurance appoints liability underwriter for Ireland
XL Insurance, the global insurance operations of XL Group, has appointed Brendan Carberry as liability underwriter in Dublin.
Willis strengthens group mining practice
The broker has drawn together US, UK and international mining experts to serve global clients.
Hardy: "opportunistic" Beazley offer undervalues business
Hardy has hit responded to Beazley's offer by commenting that the proposal "substantially undervalues the company".
Markel swoops for Talbot bloodstock and livestock business
Markel International has expanded its bloodstock and livestock business with the acquisition of the renewal rights of the bloodstock and livestock book currently written by Talbot Underwriting.
Chedid Re forms Lloyd's partnership
Chedid Re and Price Forbes & Partners have entered an association agreement for the insurance and reinsurance placement of upstream and downstream hydrocarbon energy business.
Transactor revenue rises 22%
Transactor Global Solutions has reported a 22% growth in annual turnover for the year ended March 2010, to £4.5m compared to £3.7m in 2008/9.
Chedid Re forms Lloyd's partnership
Chedid Re and Price Forbes & Partners have entered an association agreement for the insurance and reinsurance placement of upstream and downstream hydrocarbon energy business.
Marsh: new technologies and environment a concern for risk managers
New technologies and environmental responsibility in the power sector were the issues of greatest concern to risk managers at a major power conference, held recently in Istanbul.
MMA appoints director commercial underwriting
Paul Hodgson, formerly MMA’s head of underwriting, commercial has been promoted to the newly-created role of director, commercial underwriting.