News
Directors reject 10p bid for Claims Direct
Independent directors at no win no fee company Claims Direct have rejected a a buyout offer — at 10p ...
Indie bike book to be sold as jobs are safeguarded
The provisional liquidators of Independent Insurance are looking to sell the motorcycle book, which h...
Insurers face one million PI claims by 2005
There could be one million personal injury claimants per year in the UK by 2005 if it follows US pers...
RSA buys PCS for £3m
Insurer Royal & Sun Alliance has finally announced its acquisition of Property and Casualty Services,...
Minutes of BIBA/PwC meeting
The British Insurance Brokers Association has detailed the minutes of a meeting on 5 July between its...
Renaissance Re to raise $150m
Property catastrophe reinsurance company Renaissance Re Holdings plans to sell $150m of senior notes ...
Max Re IPO to raise up to $264m
Max Re Capital plans to sell 14.285 million shares in an initial public offering that would value the...
CGNU in french tie-up talks
UK insurer CGNU is in preliminary discussions with French mutual insurers MMA and MAAF to establish a...
Five leave Aon Re to join rival
Reinsurance broker Benfield Greig has recruited a five strong US casualty team from rival Aon Re. T...
Auto in motor deal.
Accident management group Auto Indemnity has signed a deal with outsourcing and legal expenses speci...
Audit office leads risk initiative.
Sir John Bourn, head of the national audit office, informed members of the Institute of Risk Managem...
Appointment at Hazell Carr.
Hazell Carr has made Kenneth Donaldson its new pensions strategist. Mr Donaldson has 12 years of exp...
New guide to fire.
A new Fire Risk Assessment Guide for small and medium-sized businesses has been produced by the Fire...
Fearful insurers.
Paul Saffer, managing director for technology supplier Enterprise IS, www.enterpriseis.co.uk, has sa...
TiG close to sealing £115m bid for MTW.
Consultancy and software provider The Innovation Group is poised to complete the acquisition of MTW,...
Stop before it's too late.
Regulation, regulation, regulation. This could well turn out to be a mantra that will come to haunt t...
PCS sale could mean trouble.
The sale of Independent subsidiary Property and Casualty Services this week could have further ramif...
Insurers defeated.
Facultative reinsurers this week won back the claims pen from insurers following a landmark Court of ...
In defence of technology's position.
Last week it was suggested there is no place for technology in the insurance market, referring to the...
Jobs slashed at Independent Insurance.
Pricewaterhouse Coopers, provisional liquidators to Independent Insurance, this week confirmed 1044 j...
Who will pay the bill?
The collapse of Independent has led to inevitable concerns over who will pick up the pieces. Jonathan Davies explains what the longer term knock-on effect could be.
General Alliance.
Legal & General has teamed up with Alliance & Leicester to launch an online mortgage application sol...
IFAs to access iE.
Italian insurer Generali has deployed e-business application supplier iE to create a business platfo...
Appointment at Healthy Pets.
Healthy Pets has appointed Rachel Burkill to head its claims department. Ms Burkill has over 10 year...