News
XL Capital appoints new actuarial officer
XL Capital has announced the appointment of Mark W. Callahan as chief actuarial officer of XL's Insurance Operations.
Moody’s withdraws Copenhagen Re rating
Moody's Investors Service has announced that it has withdrawn the Ca (extremely poor) insurance financial strength rating on Copenhagen Re.
Heath Lambert launches specialist transportation division
Heath Lambert Group has launched a specialist transportation division in response to the government’s planned re-franchising of the private rail sector, and to its 10-year transport plan.
Know your agency: A new monthly column from Post Magazine
Understanding the services and specialisms of recruitment consultancies is important. Director Christopher Dickman gives the low down on IPS Group
Managers feel unrewarded
UK managers have complained that their efforts are going unrewarded, and they long for praise. This ...
NU and Marsh offer new degree
This month sees the launch of a new foundation degree in financial services. It involves time being...
New CFO at Montpelier Re
Montpelier Re has announced that Kernan ("Kip") Oberting has been appointed chief financial officer and an executive vice president with effect from 1 October 2004.
Former Alexander Forbes Risk MD takes Close Premium sales role
Tim Wilson, former managing director of Alexander Forbes Risk Services UK Retail Division, is to become the new Sales and Marketing Director at Close Premium Finance.
FSA reports over 13 000 applicants for authorisation
The FSA today reported that by the end of 3 September it had received 13282 registrations from the general insurance sector application packs and 9191 applications for authorisation.
S&P changes outlook on Swiss Re to negative
Standard & Poor's (S&P) has revised its outlook on Zurich-based global reinsurer Swiss Re and related entities of the Swiss Re group to negative from stable.
Ivan heads for Jamaica and Cuba
Hurricane Ivan, with winds of up to 160 miles per hour, has neared the islands of Aruba and Curacao off Venezuela's coast after leaving at least 15 dead and causing devestation across Greneda yesterday.
Failed Cox merger blamed for Highway profit creep
Motor insurer Highway has reported pre-tax profits of £4.9 million for the six months ended 30 June 2004, up £0.2 million on the same period last year.
Kiln promises increased reinsurance book for 2005
Lloyd's insurer Kiln has joined Brit and Wellington in reporting record profits before tax of £24.7m for its interim results.
Benfield posts first half results
Benfield has announced interim results for the first half of 2004.
Muted reaction to Lloyd's loan fund scheme
Lloyd's proposal for a loans system to boost the central fund to £2bn has been met with a mixed resp...
Hurricane season warnings remain
Insurers have been warned not to take their eyes off the Americas, despite losses from Hurricane Fra...
Liquidator Smith and Williamson retrieves money
Liquidator Smith and Williamson said it expects to receive up to £9m from solicitors' firms used by ...
Claims launch held over rules decision
Revamped personal injury specialist New Claims Direct has delayed its launch to December. Law firm ...
Dollar fails to dent Amlin business
Lloyd's insurer Amlin has reported strong results for the first half of 2004, despite US dollar expo...
What the papers said this week
Daily Mail A new legal duty on schools to prevent children being bullied could lead to a flood of c...
Wellington tracks UK property lines
Lloyd's insurer Wellington Underwriting has singled out UK property lines as a source of growing inc...
Atrium Underwriting announces updated profit forecasts
Atrium Underwriting has announced updated and improved profit forecasts of 15% for its syndicates 57...
Events
9 September Chartered Insurance Institute - Learning and Development Forum London www.cii.co.uk ...
Quinn to double staff in UK push
Irish insurer Quinn Direct is set to launch a recruitment campaign for risk assessors in the UK, fol...