News
Penny Black's insurance week
Where once he was the personal lines industry's very own calendar boy, Martin Oliver was not too bi...
Mobile Doctors boost
Mobile Doctors has announced a 30% increase in turnover for the year running 1 December 2007 to 30 N...
Barbon hires Letsure head
Barbon Insurance Group has appointed Ian Fraser to head Letsure, its Glasgow-based rented property i...
Aon hit by record FSA fine
Bribery and corruption cases involving insurance companies could rise this year following a clampdow...
Appointment at Fortis
Fortis has recruited Paul Lynes to the newly created position of head of external communications. ...
Igo4 plans motor and home expansion
Online intermediary Igo4 has outlined plans to expand its motor and home propositions. Matt Munro, ...
Dual management roll out
Dual Corporate Risks has launched a new range of management liability products for the UK broker mar...
Broker describes household market as "fiercely competitive"
The household insurance market remains "fiercely competitive", according to AA Insurance.
AA Insurance expects motor premiums to rise by up to 12% in 2009
Car insurance premiums took another sharp upward jump over the last three months of 2008, rising by an average of almost 1 per cent per month, according to the latest benchmark British Insurance Premium Index from the AA.
FSA equipped with new immunity power
The Financial Services Authority (FSA) has welcomed the proposals announced by the government to give it new statutory powers, including the power to grant immunity, when investigating criminal cases such as insider dealing.
Al Fayer Retakaful's ratings put under review by AM Best
Kuwaiti retakaful insurer Al Fayer Retakaful Insurance's financial strength rating of A- (Excellent) and issuer credit rating of "a-" of Al Fajer Retakaful Insurance Company KSCC (Al Fajer Re) (Kuwait) has been put under review with negative implications.
Pick of the week
Post senior reporter Sarah Hills rounds up the top stories from the general insurance sector. This week: Aviva arm signs up insurers after broker distribution deal; broker boss says market must drive price hikes; RBSI chief says sale remains "too close…
Lockton says 'ahead of budget and revenue' for 2009
Lockton International, the international arm of privately-owned US (re)insurance broker Lockton, is ahead of budget and revenues for the first eight months of the year.
Ex Moneysupermarket employee joins rival as insurance head
Moneyextra has appointed Peter Gerrard as head of insurance. Mr Gerrard, who until recently worked at competitor site Moneysupermarket as head of travel insurance, will report into the newly-appointed managing director of Moneyextra, Richard Mason.
Mitsui launches US weather insurance product
(BESTWIRE) Mitsui Sumitomo Insurance has launched weather insurance in the United States with a target to reach 1 billion yen (US$11.2 million) in sales within the next three years.
Oval makes Shropshire acquisition
Oval has acquired Shropshire based financial specialists Wills & Partners.
Liberty Syndicates hires new space underwriter
Liberty Syndicates, Liberty Mutual's Lloyd's (re)insurer, has appointed of Simon Clapham as aerospace underwriter for Syndicate 4472 and the LibSat Consortium Managers Limited.
Whittington makes two senior actuarial appointments
Whittington Group, the international insurance investor and services provider, has strengthened its in-house actuarial team with two key appointments.
AIG manager leaves for Ace
Ace Europe has appointed Jeff Carr from AIG UK as client relationship manager for its UK and Ireland major risks business.
AIG's ILFC unit receiving bids - sources
AIG has received opening bids for International Lease Finance Corp, its plane leasing company, Reinsurance has learned.
Watson Wyatt expands non-life insurance team
Watson Wyatt has further enhanced its growing non-life insurance consulting team with the appointment of Kate Angell as a senior consultant.
Outlook for brokers in 2009 'improved'
The outlook for 2009's major brokers has improved in the wake of the hardening market, analysts at Keefe, Bruyette & Woods have said.
Milli Re general manager retires
Milli Re, the Turkish reinsurer, has said that Cahit Nomar, its general manager, is to retire after working at the company for 28 years.
Aon looks to ex Willis global client advocate to boost mulitnational business
Aon Global UK has appointed Fiona Davies as a director to drive business growth and relationship management with multinationals.