News
Heath Lambert sells business to Marsh
Broker Heath Lambert has announced that it has sold Heath Lambert Australia, based in Sydney, to Mar...
Appointment at Claims Management Group
Claims Management Group (CMGL) has announced that Laurent Duval is the new general manager of its Pa...
Appointment at Montpelier Re
Montpelier Re has unveiled the appointment of Anthony Taylor chairman of the board of directors. Mr ...
European reinsurance stocks attractive
European reinsurance stocks are attractively valued following their poor performance in 2003, accord...
Court rules on HIH contracts
The New South Wales Supreme Court has approved a deed that will return approximately A$300m to the l...
Benfield posts profit
Reinsurance intermediary Benfield has announced that it made a pre-tax profit of £31.2m over 2003, a...
Exxon Valdez case finally closes
One of the longest running cases to affect the London excess of loss reinsurance spiral market is no...
Appointment at Marsh
Michael Beckett is the new leader of Marsh's newly formed charities and non profit organisations pra...
Appointment at Council of Lloyd's
The Council of Lloyd's has been joined by Philip Lader, a former US ambassador to the UK. Mr Lader w...
Helphire selects Audatex's vehicle repair estimating system
Accident management group Helphire has chosen Audatex as its vehicle repair estimating system, aiming to control costs for third party insurers.
Benfield launches underwriting pricing tool
Benfield today announced the launch of CAPRe (Capital Allocation Pricing for Reinsurers), a new underwriting pricing and management tool for reinsurers writing catastrophe business.
Allianz looks to China
Allianz Group is committing itself to expanding its business presence in China.
Standard Life announces 1000 redundancies and demutualisation plan
Standard Life today said that demutualisation is the best option to address the issue of capital constraints and it is in the best interests of the company and its policyholders. The mutual also announced plans to reduce costs by reducing its headcount…
Allianz Cornhill launches claims academy
Allianz Cornhill has launched a training and development academy for its 600 claims staff.
Hiddleston to retire from RBS Insurance
RBS Insurance has announced that David Hiddleston, the former development director of Churchill, is to retire at the end of April.
Hewitt announces new chair of the Competition Commission
Secretary of State for Trade and Industry Patricia Hewitt today announced the appointment of Professor Paul Geroski as the new chair to the Competition Commission.
Groupama restructures personal lines claims centres
Groupama has announced proposals to restructure its personal lines claims centres, with the closure of its Birmingham operation, affecting 150 staff.
Brokers call for Tria extension
Leading US brokers are calling for the extension of the federal Terrorism Risk Insurance Act (Tria), according to a new survey.
FSA finalises reporting requirements
The Financial Services Authority today finalised its reporting requirements for firms involved in mortgage, general insurance or retail investment activities. These proposals were initially put forward in CP197: Reporting requirements for mortgage,…
Allianz Group receives improved rating from Fitch
Fitch Ratings has changed the rating outlooks on Allianz Holdings and Allianz Lebensversicherung to positive from stable. At the same time, it has affirmed their Insurer Financial Strength (IFS) ratings at 'A+' and Allianz Holdings' long-term rating at …
Zurich North America announces new COO
Zurich has announced today that Thomas Bradley will become chief operating officer of finance and administration, and chief financial officer of its North American commercial operations.