News
Far Eastern appointment for Heath
Heath Lambert has appointed Michael Haynes as managing director of its operations in Hong Kong.
Woman fraudster sentenced to four months in jail
43-year-old Sandra Stevenson of Cawthorne Close, Kirkby, who made a false claim against Knowsley Metropolitan Borough Council, was found guilty of attempted deception by a magistrate’s court and sentenced to four months imprisonment this week.
Kramer steps down at Ace
Don Kramer, executive, office of the president & chief executive officer has retired from Ace.
Schoen resigns from Axis
Axis Capital Holdings has confirmed that Scott Schoen has stepped down from its Board of Directors. Mr Schoen's resignation follows the sale last week of all remaining Axis Capital common shares owned by Thomas H Lee Partners and related entities.
Heath Lambert wins St Martins account from Willis
Heath Lambert Property Portfolio has been appointed broker for the UK operations of St Martins Property Corporation after tendering for the account against existing broker Willis.
LMA appoints new chairman of Market Processes Committee
Ewen Gilmour, chief executive of Chaucer Holdings, has been appointed chairman of the Market Processes Committee of the Lloyd’s Market Association.
Risk management body issues paper about brokers
The International Federation of Risk and Insurance Management Associations has published a position paper regarding the role of the broker from the perspective of risk managers.
KWELM payouts increase again
Creditors of the insolvent London-based KWELM insurance companies will receive an average additional 11 per cent payout across the five companies, according to the eleventh annual report for 2004 issued today. The average payment will be 64 per cent.
Outsourcers get VAT reprieve from Customs
HM Customs & Revenue has confirmed it will consult various insurance industry sectors on the contraversial issue of VAT charges for outsourced services.
RK Harrison is tenth Jelf acquisition
Broker Jelf group has announced increased turnover in the six months up to 31 March by 20% to £4.9m (2004: £4.1m). In addition the firm has announced its tenth acquisition, taking on the Taunton-based operations of RK Harrison.
Lloyd's worldwide development head points to global challenges
The world insurance market is facing a series of challenges, according to James Sutherland, the head of development and strategies worldwide at Lloyd’s of London.
Path to success: Actuarial analyst
David Stuart, pricing actuarial analyst in the European commercial division of QBE European Operations, reflects on his career to date - at 23, the company's youngest actuary
FSSC starts roll-out of new suite of training schemes
The Financial Services Skills Council last week launched the first in a new suite of schemes designe...
Majority of firms tackling absence
Almost nine in 10 (87%) organisations are taking action to reduce absence, according to a new survey...
AIG launches new liability covery
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Appointment at Alexander Forbes
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Appointment at Primary Broker Services
Primary Broker Services has made two appointments. Jason Norbury has joined as operations manager; J...
Brokers face Whiteley costs
Brokers could be billed this year to cover the compensation shortfall from troubled intermediary Whi...
Liability claims set to increase under Euro law
The enforcement of the Environmental Protection Act could lead to an increasing number of claims und...
Appointment at Coface
Coface has made Walter Kee commercial manager for Ireland. He has 35 years' experience in the credit...
Appointment at Heritage Underwriting Agency
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Compensation costs reduced in nine months
Ireland's Personal Injuries Assessment Board has published figures claiming it has reduced compensat...
New chairman at Lloyd's Market Association
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Appointment at Aon
Broker News in Brief