News
Wolski leaves Brit Insurance
Philip Wolski has left Brit Insurance where he had been general manager of sales and marketing since...
Peter James steps down
The founding chairman of broker Footman James, Peter James has stepped down from the group to pursue...
Fortis strikes new deal with Post Office
Fortis Insurance has renewed its two-year contract to underwrite the Post Office's travel insurance ...
Appointment at Health and Case Management
Rehabilitation provider Health and Case Management has revised its corporate structure, with Helen M...
Claims regulation to take 12 months
Claims management companies will escape statutory regulation for at least 12 more months, it emerged...
Liability cap may fail to stall premium hikes
Government proposals to cap auditors' liability and limit their fines for accounting errors could st...
Carslake leaves NIG
Concerns over the future of NIG's commercial division were raised again this week, following the los...
Who picks up bill of climate change
Society will bear the costs of climate change in Europe but insurance arrangements will determine wh...
Warning over "uninsurable" warehouses
Large warehouses could become uninsurable because they offer too great a fire risk according to a se...
New acquisition by Alan Turner
St Albans-based David Winder Insurance Brokers has been acquired by Alan Turner, which already has s...
Broker mulls legal action over defections
Two of the leading UK brokers could be set for a battle over the poaching of dozens of staff. Alexa...
Misys may sell insurance arm
Software supplier Misys has indicated it may sell its general insurance arm, in order to focus on it...
New member to Willis Commercial Network
The Willis Commercial Network has recruited another member by signing up Commercial and Agricultural...
Appointment at Garwyn
Keith Wise has joined loss adjuster Garwyn from Capita subsidiary Teceris as divisional director, he...
FSCS declares 33 firms in default
The latest declaration by the FSCS on 9 November 2005.
Lloyd's given China go-ahead
Lloyd’s has announced today that it has been given the green light to establish an on-shore reinsurance operation in China.
Hiscox mulls Bermuda move
Hiscox, one of the leading players in the Lloyd’s market, is considering moving its parent company to Bermuda.
QuestGates wins Legal and General contract
Following a complete market review by Legal and General, the insurer has appointed QuestGates as its sole liability adjuster. The contract, which is for both investigation and, where appropriate, cradle to grave claims handling, was awarded following…
PXRE announces $300m collateralised reinsurance deal
PXRE has announced that it has entered into a $300m collateralised reinsurance agreement with Atlantic & Western Re, a Cayman Island reinsurance company.
SVB given S&P rating boost
Ratings agency Standard & Poor’s has revised its Lloyd’s Syndicate Assessment on SVB Syndicates 2147 and 1007 from ‘1pi’ to ‘2/stable’ after carrying out an interactive rating assessment for the first time.
SCOR rating affirmed by AM Best
AM Best has affirmed the financial strength rating (FSR) of B++ (Very Good) and issuer credit rating (ICR) of ‘bbb+’ of SCOR (Paris) and its main subsidiaries (collectively referred to as SCOR Group).
Lloyd's Omega latest player to open in Bermuda
Omega Underwriting has announced a £90m share placing aimed at raising funds to open a new Bermudian subsidiary.
Insure and Go removes terror clause
Intermediary Insure and Go has announced that it will remove terrorism exclusion from its travel policies.
Brit Insurance appoints non-executive director
Brit Insurance, today announces the appointment of Mr Joseph Patrick MacHale as a non-executive director with effect from 9 November 2005.