News
Cargo and transit insurer rebrands as Amlin
Angerstein Transit, the specialist cargo insurer is taking on its parent company's name, rebranding as Amlin Transit.
Bahrain makes foreign insurers welcome
The Bahrain Monetary Agency (BMA) has lifted a key restriction on foreign insurance brokers and loss adjusters operating in Bahrain. They are no longer required to have a local partner – earlier regulations required majority Bahraini ownership, of at…
Helphire Group results in line with expectations
Helphire Group has announced that its results for the year ending 31 March 2004 will be in line with management expectations.
Legion Direct joins Towergate
Legion Direct, specialists in regimental commercial insurance packages, have been acquired by Towergate Wilsons, the military insurance division of Towergate Underwriting Group.
Willis Commerical Network reaches milestone
The Willis Commercial Network, a partnership between the Willis Group brokerage and local, independent brokers, has signed up its 60th member – Leicester-based Martin Bown & Co.
London P&I Club sails ahead
The London P&I Club has announced an increase in the size of its entered fleet during the 2004 P&I renewal season.
Incisive taking entries for Gold Standard Awards 2004
Entries are now being accepted for this year’s Gold Standard Awards.
JLT appoints trio from major rivals
JLT Risk Solutions has recruited three senior members to its project finance team from rivals including Aon and Willis.
CII calls for more confidence in industry
Improving confidence among customers, regulators and politicians must be the key issue for both general and life insurers in the year ahead. This is the message 600 delegates at the Chartered Insurance Institute’s (CII) London road show heard yesterday…
Hiscox announce agreement with Guild Claims Service
Hiscox Insurance Company has announced an agreement with the Guild Claims Service following initial results for a pilot initiative to improve its household claims handling.
FSCS to foot £60m in legal costs after failed appeal
The Government's Financial Services Compensation Scheme (FSCS) faces a £60m bill to cover legal costs of corporate policy holders of insolvent insurers, following a decision by the House of Lords to refuse leave to appeal against an earlier Court of…
Fitch publishes report on US P&C
The US property and casualty (P&C) market has seen a second clear year of improvement, according to a new report from Fitch.
AIG case settles out of court
A City analyst who claimed he was the victim of racism at AIG Global accepted an undisclosed sum to ...
Marsh Norwich: 94% CIP pass rate
More than 100 employees from broker Marsh's Norwich office have achieved success in the Lloyd's Intr...
Know your rights: This month - Repetitive Strain Injury
David Fleming explains the legal position regarding repetitive strain injuries and offers some practical advice to minimise the risk to employees
Employees vote for working flexibility
Four out of five workers would jump at the opportunity to work from home if their employers suggeste...
RSA joins forces with Greater Manchester Police
Small businesses in the Greater Manchester area are being offered a helping hand in combating crime with the launch of a CD-ROM on crime prevention solutions today.
Swiss Re back in black
Swiss Re has recovered from its 2002 losses to post increased profits for 2003.
Allianz makes regional appointments
Allianz Cornhill has appointed Steve Williams as its new regional manager for the North West and will be based in the Manchester office. He was previously with Royal and Sun Alliance as North West regional director.
Caparn joins Aon
Broker Aon has announced that Joanna Caparn is to join the firm as chief executive designate for the personal and group programmes (PGP) on 1 June.
Motorists demand tough penalties for uninsured drivers
Prison sentences, lifelong driving bans and steeper fines are just some of the measures British motorists would like to see imposed on uninsured drivers.
Omega announces profits from its Lloyd's Syndicate
Omega Underwriting Holdings has announced a profit of 6.2% on capacity before personal expenses from its Lloyd's Syndicate 958 for 2001.
Warranty Holdings goes into administration
Nigel Ruddock, Ipe Jacob and Ian Carr, partners at Grant Thornton, have been appointed joint administrators of the Oriel Investment Corporation ("ORIC"), including Warranty Holdings, at the request of its directors.
NU offers motor traders professional indemnity solution
Norwich Union has announced it is launching professional indemnity cover for its motor trade customer in the spring.