News
Biba demands a more proportionate and cost effective approach to insurance broker regulation
The British Insurance Brokers’ Association has formally responded to the HM Treasury consultation paper on a new approach to regulation.
CII welcomes Gibraltar affiliate
The Gibraltar Insurance Institute has been accepted as an affiliate institute of the Chartered Insurance Institute.
CII welcomes Gibraltar affiliate
The Gibraltar Insurance Institute has been accepted as an affiliate institute of the Chartered Insurance Institute.
Brit appoints new directors
Brit Insurance, has confirmed the appointment of four new board directors to its two main underwriting platforms: Brit Insurance Limited and Brit Syndicates Limited.
Kazakh insurance group recovering with 67% growth after restructure, notes Fitch
Fitch Ratings has assigned Kazakhstan-based non-life insurance group Amanat Insurance a 'B' Insurer Financial Strength (IFS) rating and a National IFS 'BB(kaz)' rating. The Outlooks are Stable.
Markerstudy confirms new retail head
Markerstudy has confirmed that Russell Bence, former head of sales, has been promoted to head its retail division.
Foil forms sector focus teams
The Forum of Insurance Lawyers has revised its special interest groups in a bid to strengthen its areas of sector focus and engage more effectively with members, insurers and self-insurers.
Elite CEO criticises "exaggerated" assessment of ATE market
Elite Insurance chief executive Jason Smart has argued that the views of Lord Young and Lord Jackson would prevent innocent victims from gaining access to justice.
Nick Eastwell joins SRA
Former Linklaters partner Mr Eastwell has been announced as the Solicitors Regulation Authority’s chief adviser on city law firms.
Kazakh insurance group recovering with 67% growth after restructure, notes Fitch
Fitch Ratings has assigned Kazakhstan-based non-life insurance group Amanat Insurance a 'B' Insurer Financial Strength (IFS) rating and a National IFS 'BB(kaz)' rating. The Outlooks are Stable.
UIB appoints marine & energy head
Insurance broker UIB has appointed Mikael Ardell, as divisional director for marine and energy, to drive growth across the Nordic region in the property and energy sectors.
Italian non-life market recovery "fragile" claims rating agency
Fitch Ratings has revised the rating outlook for the Italian life market to stable from negative. The rating outlook of the non-life market remains negative.
Swiss non-life sector better than most European rivals claims Fitch
Fitch Ratings has changed the rating outlook for the Swiss non-life insurance sector to stable from negative to reflect what it decribed as the sector's continued strong underwriting profitability and the economic recovery.
UIB appoints marine & energy head
Insurance broker UIB has appointed Mikael Ardell, as divisional director for marine and energy, to drive growth across the Nordic region in the property and energy sectors.
Italian non-life market recovery "fragile" claims rating agency
Fitch Ratings has revised the rating outlook for the Italian life market to stable from negative. The rating outlook of the non-life market remains negative.
Swiss non-life sector better than most European rivals claims Fitch
Fitch Ratings has changed the rating outlook for the Swiss non-life insurance sector to stable from negative to reflect what it decribed as the sector's continued strong underwriting profitability and the economic recovery.
Beazley still keen on Hardy despite "surprise" at £158.4m bid rejection
Beazley has confirmed that it has made a 300p per share case approach to Hardy Underwriting Bermuda valuing the latter at £158.4m that has been rejected by Hardy.
Beazley still keen on Hardy despite "surprise" at £158.4m bid rejection
Beazley has confirmed that it has made a 300p per share case approach to Hardy Underwriting Bermuda valuing the latter at £158.4m that has been rejected by Hardy.
Lord Young reaction: Foil welcomes simplified risk assessments
The Forum of Insurance Lawyers has welcomed a simplified risk assessment process as recommended in Lord Young's report.
Brit extends deadline for Apollo bid
In a stock exchange announcement Dutch domiciled Brit has confirmed an extension has been granted to the deadline for a formal bid by Apollo and CVC Capital Partners.
Lord Young reaction: Airmic supports good news for claimants
The Association of Risk Managers has has welcomed the Lord Young review as good news for claimants.
Lord Young reaction: Zurich backs report
Zurich has backed Lord Young saying risk aversion in society is a threat to the future economic and social well-being of the UK.
Lord Young reaction: ABI welcomes report
The Association of British insurers has backed Lord Young's recommendations on health and safety.
Brit extends deadline for Apollo bid
In a stock exchange announcement Dutch domiciled Brit has confirmed an extension has been granted to the deadline for a formal bid by Apollo and CVC Capital Partners.