News
Appointment at The Jelf Group
The Jelf Group has appointed Les Brewin as distribution development director to accelerate its merge...
Primary denies fund-raising
The Primary Group has hit back at speculation it is seeking to raise funds, amid concerns it has gro...
Aviva head warns of increased premiums
Aviva chief executive Richard Harvey claimed customers are hundreds of millions of pounds worse off ...
RSA steps up European development
Royal and SunAlliance has unveiled its latest moves to help re-establish itself as a pan-European p...
Zurich Municipal launches best practice guide
Zurich Municipal has launched a best practice guide, designed to reduce the number of fraudulent cla...
Appointment at Heath Lambert
Heath Lambert has made Mark Hardinge chief executive of the group's financial and professional risks...
Health checks reveal wholesale non-compliance
Insurers and brokers need to work together to help weed out Financial Services Authority non-complia...
S&P's ratings for DAS Legal Expenses are unaffected
Standard and Poor's has revealed that its ratings and outlook for legal expenses insurance underwrit...
Regional first targets brokers
Underwriting Agency Dual Corporate Risks has opened its first regional office in Manchester this wee...
London market seeks cut
London market insurers may be granted long-term permission to lower the level of gross liabilities t...
Appointment at Integro
Integro has hired Robert Dunn to head up its Montreal office. Mr Dunn has 30 years' experience in th...
Katrina wipes out Brit’s 1st half profits
Brit Insurance Holdings has announced a preliminary estimate of £145m for claims arising from Hurricanes Katrina, Rita and the New Orleans flood (NOF). The company said the figure comprises £125m for Katrina/NOF and £20m for Rita, net of reinsurance…
S&P blow for reinsurers
Standard & Poor's has revised its outlook on the global reinsurance industry to negative from stable. The negative outlook implies that downgrades are expected to outnumber upgrades in the remainder of 2005, although the agency predicted that the number…
Atrium reveals profits drop
Atrium has announced reduced profits for the first half of 2005. The Lloyd’s insurer reported profits before tax at £13.7m compared to £15.7m for the same period last year.
Lloyd’s grant Colemont provisional accreditation
Colemont Insurance Brokers Limited announced today that it has received its provisional Lloyd’s accreditation.
Munich Re revises Katrina loss upwards
As the full extent of the devastation caused by Hurricane Katrina has gradually emerged, natural catastrophe risk management specialists and other companies have revised their loss estimates upwards. Experts from Munich Re and American Re have now also…
Broker: London terror attacks tripped up business
Brokerage Jardine Lloyd Thompson (JLT) has said the strategy of many businesses to keep up and running in the aftermath of an emergency proved flawed in the wake of the London suicide bombings. Companies failed to address the changing nature of risk and…
Zurich Municipal launches best practice fraud guide
Zurich Municipal, the provider of insurance and risk management to the public services, has launched a best practice guide designed to reduce the number of fraudulent claims made against Housing Associations and Local Authorities. The guide demonstrates…
Fortis begins roll-out of commercial offering
Fortis Insurance has begun the phased roll-out of its recently launched new small commercial vehicle product, Van Guard.Fortis said the launch supported its strategy to widen its motor offering while strengthening its commercial portfolio across the…
QBE acquires British Marine
QBE Insurance Group has signed an agreement to acquire the specialist marine insurer, British Marine Holdings.The acquisition is subject to regulatory approvals with completion expected to be before 31 December 2005.
Compliance.co.uk acquires Compliance Consultants
Compliance.co.uk, the compliance consultancy group, has expanded with the purchase of Compliance Consultants.
Apil worried by PI plight
A survey that the number of lawyers who believe they will continue to work in the personal injury field in five years’ time has fallen by 9% since 2001.But it also found that 70% of lawyers believe they will still be practising in five years time.
Heath Lambert National opens East Midlands office
Heath Lambert National has announced the opening of a new East Midlands commercial operation.
Bupa calls for premium cuts
Bupa is pledging to make private medical insurance more affordable and attractive by stemming the rise in premium increases and demonstrating the advantages for customers.