News
Mortimer steps in at Smart and Cook
Tim Mortimer has joined broker Smart and Cook as operations director.
RSA: general sees £127m profit
Royal and Sun Alliance's general insurance business recorded a profit of £127m for the first quarter of the year, compared to £169m for the same period last year. The UK business's overall combined ratio was 94.1% compared to 100.3% for the same period…
RSA sees 15% drop in quarter profit
Royal and Sun Alliance has recorded a first quarter profit as a result of the sale of a number of units in the last year. Net income was £51m compared with a loss of £16m in the same period last year. The company's share rose just over 7% on the news.
RBoS arm targets Lloyd's market
Royal Bank of Scotland subsidiary Trust Assured is targeting the Lloyd's and London market with a di...
Hardy sells up Lloyd's stake
London Market News
What the papers said this week
The Independent [TX] You can't wrap your pets in cotton wool but you might think that, if you take ...
UK push for broker
Macclesfield-based insurance broker Bollington is set to grow its presence in London and Manchester,...
Improved access to yacht insurance
Underwriting Risk Services has claimed it is improving access to yacht insurance with the redevelopm...
Lloyd's to trade in all 10 EU entrants
Lloyd's announced last week that it has been granted licence to trade in all 10 of the European Unio...
Appointment at Heath Lambert Group
Heath Lambert Group has made Ian McMullan director of the financial and professional risks division....
Increasing personal risk of litigation
London Market News
Insurance insolvencies increased last year
Insurance insolvencies increased last year, according to the latest insolvency figures released by t...
Appointment at Kendall Freeman
Kendall Freeman has made Antony Woodhouse partner in the firm's insurance litigation practice. He jo...
Direct Line pulls plug on venture
Royal Bank of Scotland Insurance has admitted defeat in its efforts to launch Direct Line in the wor...
Appointment at Miller
Miller Insurance Services has made several senior promotions. Xavier Villers, head of the marine uni...
THB Group joins forces with Independent Buying Consortium
Lloyd's wholesale and retail broker THB Group has joined forces with procurement company the Indepen...
Penny Black's insurance week
Penny spent hours this week searching Number One Lime Street for 'Syndicate 597' following reports t...
The BIBA to launch new excess liability scheme
The British Insurance Brokers' Association will launch a new excess liability scheme aimed at SMEs a...
FSA accused over lack of regulation encouragement
The Financial Services Authority has come under fire for not doing enough to encourage insurance int...
The Claims People Group acquires Concept Claims
The Claims People Group has acquired Concept Claims Management in Bristol. CCM provides a claims man...
QuestGates' environmental claims unit relocates
QuestGates' environmental claims unit relocated from Oxford to Maidstone this week. The unit was set...
GAB Robins' subsidence team finalises recruitment programme
GAB Robins' subsidence team has finalised its recruitment programme for surveyors and engineers. The...
Jubilee looks for new business areas
London Market News
Appointment at Atradius
Wilfried Verstraete has been appointed as the new chief executive and chairman of the management boa...