News
Industry hits back at plans which may hike EL claims
Business groups yesterday attacked Home Office proposals that companies should compensate employees who are the victims of crime during work hours, according to a report. It claims that in an attempt to reduce the £200m a year paid out by the Criminal…
Troubled Quanta loses A rating: plans wholesale restructuring
In a stark fourth quarter earnings release, Bermudian (re)insurer Quanta Capital Holdings has announced that it is to be downgraded by AM Best and will be seeking immediate cost cuts as well as the sale of some or all of its business units. The option of…
Amlin set for record profits
Amlin has forecast record profits for its 2003 syndicate year of account and indicated its result for the year ended 31 December 2005 will be materially ahead of market expectations.
Acquisitive broker buys Manchester firm
CBG Group, the Manchester based listed insurance broker has acquired Spencer Lavery Associates, a specialist broker of healthcare insurance and also a provider of general insurance broking services and financial services.
Aviva chief declares 2005 best yet for GI
UK insurance giant Aviva this morning declared 2005 its "best general insurance result yet". Its general insurance and health profit jumped 22% to £1551 million and it recorded a worldwide general insurance combined operating ratio (COR) of 95% (2004: 97…
Time to test yourself
A selection of questions from various past-CII qualification papers
Bernau is made new chairman of the FSSC
The Financial Services Skills Council has appointed a new chairman, following the retirement of Sir ...
Companies are ignorant over coaching content
More than one in every three companies have no idea what executives are learning when they hire a co...
Charities Day looks to raise more funds
Insurance Charities Day is set to take place tomorrow. More than £1m is spent every year helping hu...
NU boosted by massive online growth
This morning Norwich Union heralded a 200% increase in UK online sales and stressed it was keeping its nerve with regard to rates, incuding a 4% increase in motor during 2005.
CBG adds two new offices
Broking consolidator CBG Group has continued its expansion in the North-west with the acquisition of...
Axa profits soar amid commercial squeeze
Intense competition in commercial lines and slowing growth in creditor insurance did not stop Axa In...
AA makes new bid for motorcycle
Broking giant AA Insurance Services has re-entered the motorcycle insurance market, after exiting th...
Police and Constabulary Almanac published
The new annual Police and Constabulary Almanac has been published for 2006. In print since 1861, the...
Agency alleges non-payment
A Bolton broker at the centre of allegations of non-payment of premiums has closed for new business....
Appointment at Berrymans Lace Mawer
Berrymans Lace Mawer has made Alistair Kinley head of policy development. Mr Kinley will be responsi...
Appointment at Highway
Highway has made Peter Goodright its new head of accident damage operations, where he will oversee t...
Chubb offshoring to affect 180
Chubb Europe has said its business process outsourcing initiative will affect no more than 180 of it...
OAMPS UK acquires Jacey Insurance Brokers
Broker OAMPS UK has acquired Jacey Insurance Brokers of New Malden, Surrey. Jacey Insurance will be ...
Aon plots to leave the City for new look EC4
The London market offered only a muted reaction to Aon's decision to shift its base from the Cit...
Appointment at Davies Lavery
Law firm Davies Lavery has poached Graham Dickinson from rival Barlow Lyde and Gilbert. Mr Dickinson...
Call for ATE rules in Bill
A high-ranking Commons committee has re-iterated calls for after-the-event insurance sales to be leg...
Insurer lowers loss estimate
Lloyd's insurer Wellington Underwriting is likely to emerge from the 2005 hurricane season with lowe...
Commercial fires figures hit record high
The year 2005 was officially the worst on record for commercial fire claims, with the bill approachi...