News
Liberata seeks UK acquisition
Outsourcer Liberata has revealed plans to enter the UK general insurance market at the end of the ye...
What the papers said this week
The Times Tesco has started selling motor insurance online in an attempt to break into the EUR1.7 b...
Rehab to be included in Pre-action protocols
Rehabilitation is finally set to become part of the pre-action protocols for personal injury claims....
Biba urges MID support
The British Insurance Brokers' Association has urged its members to give their full support to the M...
NU holds firm on payouts as insurers mull plaques appeal
Norwich Union and Zurich are poised to appeal after a judgement handed down in the pleural plaques t...
Travel giant in broking move
Travel specialist Insure and Go launched a new broking operation this week, kick-starting an aggress...
Smart and Cook appoint integration director
Smart and Cook has appointed Dave Ball, previously Allianz Cornhill's national key account manager, ...
Appointment at FMW
Emma Cairns has been appointed account handler within the property and corporate risks team of Essex...
Heath Lambert appoints Aon director
Heath Lambert Group has appointed Nigel Godwin as executive director within its major accounts group.
New research highlights UK underinsurance problem
More than one in ten (13 per cent) Britons don’t have cover to protect the contents of their home. This figure rises to one in five (21 per cent) in London, while in Scotland just 5 per cent having no contents insurance according to new research.
Arch boosts property team with Allianz team leader hire
Arch Insurance has appointed Alex Campbell as property underwriting manager.
CNA opens new UK office
CNA has opened a new branch office in Southampton, led by Alan Wilkins.
Aon claims environmental risks a future hazard
Environmental risks could represent the biggest (as yet, non disclosed) threat to a company’s balance sheet, according to Aon.
Avon to sell motor insurance
Avon, the beauty products company, has confirmed plans to diversify into financial services and could be selling motor insurance in the next five years through the extra 20 000 Avon ladies it plans to recruit, according to newspaper reports.
TSR predicts stormy 2005 ahead
Tropical Storm Risk (TSR), has warned of another active Atlantic hurricane season in 2005.
Trio plead guilty in Spitzer investigation
New York Attorney General Eliot Spitzer said today that a senior executive at Marsh and two AIG employees have pleaded guilty to criminal charges in connection withan ongoing investigation of fraud and bid rigging in the insurance industry.
AIG's Mohs to plead guilty in Spitzer charge
John Mohs, who worked at AIG, is to be charged today by New York Attorney Elliot Spitzer, in connection with the attorney general's investigation of big rigging in the insurance industry.
Munich Re: renewals add to profit forecast
Munich Re has forecast profit of around euros 1.8bn for 2004 and stated that renewal of non–life reinsurance treaty business at 1 January 2005 has been very successful "despite some Cassandra–like prophecies"
IUA CEO steps down to pursue general election seat
Marie-Louise Rossi is to leave the International Underwriting Association of London after more than six years as chief executive of the association she helped to create. She plans to concentrate in the short term on her political activities, but hopes to…
Pleural plaques: insurers consider appeal
Insurers are considering an appeal after a judgment handed down in the Pleural Plaques Test Litigation ruling in favour of the Claimants on liability, but revising the level of damages downwards.
A clear victory for justice over greed says Apil
The insurance industry’s failure in Grieves v others to overturn the law and abolish compensation for pleural plaques is a clear victory for justice over greed, according to Colin Ettinger, president of the Association of Personal Injury Lawyers.
Amicus pleased with verdict on pleural plaques
Amicus has said it will welcome today's high court judgement, which sees insurers fail in their attempt to shirk their responsibility to compensate up to 75% of asbestos claims.
Insurers fail in bid to stop compensation for pleural plaques
Insurers have failed in their attempt to evade responsibility for compensating thousands of victims of asbestos exposure according to a landmark judgment in a test case announced today in the High Court in Newcastle Upon Tyne.
Moody's comments on new look Axa
Moody's has affirmed with a stable outlook Axa's debt ratings (senior at A2), as well as the Aa3 insurance financial strength ratings of Axa's main operating subsidiaries, saying that the group's refocusing and rationalization efforts deployed in recent…