News
S&P raises the bar on insurers with 20% long-tail R/I charge
Standard & Poor's has revealed that from 2006 it aims to introduce a charge in its risk-based capital model for insurers to combat excessive reliance on reinsurance.
Mutual bodies respond to Myners Report
The Association of Mutual Insurers together with the Association of Friendly Societies, has published Corporate Governance for Mutual Insurers – in response to requests contained in last year’s Myners Report.
IoD: employer contributions cannot solve pensions crisis
Compulsory employer pensions contributions are not the answer to the UK's pensions crisis, business ...
CII repackages payment protection learning product
The Chartered Insurance Institute plans to launch an enhanced learning package for practitioners, of...
Time to test yourself
A selection of questions from various past-CII qualification papers
Pets win prizes for broker AFI
Elaine Fairfax, the creator of Animal Friends Insurance, was awarded first prize in the Nat West Eve...
Alea fire sale continues with European treaty rights sold to Scor
Troubled insurance and reinsurance group Alea has sold renewal rights of its European business to SCOR
The Association of Run-off Companies makes appointments
The Association of Run-off Companies, the UK run-off industry's representative body, has made two ap...
Broker poised for City buy
Acquisitive broker Stuart Alexander has been linked with a deal for London-based Bishop Skinner. Pos...
Nationwide in travel push
Building society Nationwide has launched a new travel insurance product, designed specifically for o...
Chaucer signs agreement with PXRE Reinsurance Company
Lloyd's insurer Chaucer has signed an agreement with PXRE Reinsurance Company to acquire its wholly ...
HBOS GI loses £100m in reporting restructure
A decision to reorganise the reporting structure at Halifax Bank of Scotland has wiped off almost £1...
JK Buckenham forms strategic partnership
Lloyd's reinsurance broker JK Buckenham has formed a strategic partnership, bringing together its sp...
Aon mulls more closures
Broker Aon revealed it could still close more offices, after it announced six will shut during the n...
Marsh: UK targets will have to change
Marsh has revealed it will not seek any regional UK acquisitions until its desired targets outlaw co...
Broker giants to trial timesheet pay schemes
The UK's largest brokers have started trialling schemes where they charge clients by the hour, in a ...
ZSL switches from City to Irish branch
Zurich Specialities London will no longer write business from the City after choosing to switch domi...
Aon estimates overcapacity in liquefied natural gas vessels
Aon has estimated there will be 10% to 12% overcapacity in liquefied natural gas vessels from 2006 t...
London market is given hope
London market reinsurers have secured a small victory in their battle against US regulator, the Nati...
Newly formed Amlin Bermuda has started to trade
Lloyd's insurer Amlin has announced that its newly formed business, Amlin Bermuda, has started to tr...
SSP to restructure for mooted flotation
Insurance software specialist SSP is restructuring its business at the end of the year, ahead of a p...
What the papers said this week
The Daily Telegraph - A man has been sentenced to two weeks in jail for trying to sue a council wit...
The Broker Network secures its 150th member
The Broker Network has secured its 150th member, 11 years after its formation. The two most recent e...
Kiln revises its estimates for pre-tax cost of hurricanes
Lloyd's insurer Kiln has revised its estimates for the pre-tax cost of Hurricanes Katrina, Wilma and...