News
IIB to provide wholesaler health check after Tribune
The Institute of Insurance Brokers is set to publish status reports on schemes and facilities offered by wholesalers in the UK market.
JLT acquires HCC broking business
Jardine Lloyd Thompson's US-based subsidiary, Capital Risk, has acquired the business portfolio and related assets of HCC Employee Benefits.
JLT predicts tough pricing environment in 2004
Premiums for casualty insurance, particularly for liability categories such as directors' and officers', employers' and product liability and medical malpractice, are likely to remain firm and even rise in 2004, according to a new report from Jardine…
Inskip steps up to Fyfe board
Hilary Inskip has been made associate director of The Fyfe Group, the niche market specialist, incorporating broker-only Motor Trade Solutions and direct brand, Road Runner Motor Trade.
Hiscox to open Colchester business centre
Hiscox Insurance Company is in the final stages of purchasing a building in Colchester town centre which will be the base for a new business centre handling insurance claims, underwriting and customer services.
Highway signs HBC salvage contract
Broker-only motor insurer, Highway Insurance, has signed an exclusive partnership with motor salvage provider HBC Vehicle Services for the provision of vehicle salvage services for its Choice private motor product.
CIS begins AA panel membership
As of today, Co-operative Insurance Society has joined the motor insurance panel of AA Insurance (PM 2 October 2003).
Woodstock completes acquisition of Jack Dent Associates
Woodstock Insurance Brokers has announced the acquisition of the general insurance business of Jack Dent Insurance Associates.
Swiss Re Tower glass problems
Swiss Re's new London headquarters, the 590-foot tall Swiss Re Tower, has been inspected after sever...
Appointment at John B Collins Associates
Reinsurance intermediary John B Collins Associates has announced that property & casualty reinsuranc...
London faces US reform
The London market needs a collective effort to help reform strict funding requirements laid down by ...
Rail difference is risk asset
(Re)insurers need to know the difference between light rail systems and their heavy rail counterpart...
US P&C hit by reserve problem
The US property & casualty (P&C) market is suffering from a reserve deficiency of $46bn-$77bn at yea...
Appointment at Aon Risk Services UK
Philip Gore-Randall has been appointed chief executive of Aon Risk Services UK. He is also a member ...
Appointment at R+V Versicherung AG
Dr Christoph Lamby has been appointed as a duly convened member of the board of directors at R+V Ver...
Appointment at Liberty Syndicates
Mark Butterworth has joined Liberty Syndicates as chief operating officer on the board of directors....
Re-ratings - Commercial Risk Reinsurance
AM Best has downgraded the financial strength rating of Commercial Risk Reinsurance and its US subsi...
Appointment at PartnerRe
Vito Baumgartner has joined PartnerRe's board of directors. Mr Baumgartner is a group president and ...
Re-ratings - Skandia Insurance
Standard & Poor's (S&P) has revised its outlook on Skandia Insurance from stable to negative. It sai...
Gen Re gets China invitation
General Re has been given the go-ahead by the China Insurance Regulatory Commission to apply for a n...
Hatch bill is still in limbo
US Senator Orrin Hatch's bill to create a trust fund to pay compensation to people suffering from as...
Personal injury claims costs up
Personal injury claims costs in the UK have increased by 30% between 2001 and 2003, according to a n...
Appointment at ERC Global Life & Health
Al Stanley is the new president and chief executive of ERC Global Life & Health, a subsidiary of ERC...
XL Re Europe opens in Paris
XL Re Europe has opened a new underwriting office in Paris. The office will deal with underwriting n...