News
ESG Re faces threat of Nasdaq delisting
ESG Re is fighting delisting from the Nasdaq stock exchange in New York and is seeking a new audito...
Trenwick wins Lloyd's cash but halts London business
Troubled (re)insurer Trenwick has won 11th-hour support from its financial backers to continue unde...
Lloyd's gets record cash
Lloyd's will have record capacity of £14.25bn ($22.4bn) for 2003, compared with £12.3bn in 2002. ...
Rebriefs - Annuity & Life Re to find extra collateral
Bermudian group Annuity & Life Re said that it has to find $210m of extra collateral under its rein...
News in brief - Standard & Poor's lowers its rating of Munich Re
Standard & Poor's has lowered its long-term counterparty credit and insurer financial strength rati...
Paul Howard expected to be new chairman of Institute of Risk
Paul Howard, risk manager at Sainsbury's, was yesterday expected to be voted as the new chairman of ...
BIBA chooses Post and Professional Broking to be media partners
The British Insurance Brokers' Association this week confirmed it has selected Post Magazine and it...
Appointment at Fusion
Fusion has appointed Keith Jackson as executive manager for Scotland. He joins from Hiscox Insuranc...
What the papers said this week
THE INDEPENDENT A professional golfer was awarded £4900 last week after claiming his sporting c...
Two-way traffic
The loss adjusting profession has had its fair share of comings and goings in 2002, with small firms and new entrants picking up the slack, resulting from major company failures and panel fallout. The last year has also seen many companies chasing…
FSA looks to impose the unbundling of premiums
Despite suggesting that commission disclosure may not be necessary, the Financial Services Authorit...
Lloyd's chief exec to announce capacity for 2003
Lloyd's chief executive Nick Prettejohn is expected to announce Lloyd's' capacity for 2003 today - ...
Wood set to pursue Cox
A consortium led by Direct Line founder Peter Wood was expected to persevere with a "friendly" bid ...
Peninsula targets broker business
Peninsula, the UK employment law giant, is spending £1m in an effort to double the size of its brok...
GI partners upbeat as sales staff axed
The restructure of the AMP and Royal London direct salesforces has been described as potentially be...
OAMPS aims high in UK market
Australian broking giant OAMPS is stepping up its UK operations and is aiming to achieve an income ...
Davies and MMA reach out-of-court settlement
Loss adjuster Davies has accepted 'substantial damages' in an out-of-court settlement from insurer ...
Endurance reveals UK strategy
The UK-based arm of Bermudian insurer Endurance Speciality Holdings has officially started trading ...
Ecclesiastical brings in Wyatt to halt losses
Ecclesiastical has appointed an international underwriting manager in an attempt to "turn around" i...
Axa: disease pool call
Axa has become the first UK insurer to lay its cards on the table as part of the current employers'...
RP Hodson acquires client base of Williams and Whybrow
Broker R P Hodson has acquired the client base of Williams and Whybrow London, the specialist marin...
Penny Black's insurance week
Good things come to those who wait. This week Post Magazine was inundated with faxes from the Finan...
Churchill signs Wilson for household roll out
Churchill has signed up Manchester-based telebroker Wilson as it begins the roll out of its househo...
Claims: the career for thrill-seekers?
For those individuals seeking a career with more than its fair share of thrills and spills, claims handling could see them riding the crest of a wave. Robert Blackman explains why.