News
Kiln agrees to £440m cash takeover from Tokio Marine
Lloyds (re)insurer Kiln has agreed to a cash bid from Tokio Marine that values the company at £442m ($900m), or 150p a share under a deal that will see Tokio use the Kiln management and brand to spearhead international expansion plans.
RSA leaks Santa Claus' insurance requirements
Royal and Sun Alliance has identified the perfect insurance package for Santa Claus - the seasonal international producer and deliverer of toys and gifts.
Lloyd's releases three-year plan
Lloyd’s published its new 2008 – 2010 Three-Year Plan today with chief executive officer Richard Ward praising the achievements of Lloyd’s to date while urging caution as market conditions change.
RSA leaks Santa Claus' insurance requirements
Royal & SunAlliance has identified the perfect insurance package for Santa Claus - the seasonal international producer and deliverer of toys and gifts.
Chancellor delays capital gains tax decision
Alistair Darling, Chancellor of the Exchequer, has announced today that he was still considering plans to revise the capital gains tax regime.
Willis expands 2008 graduate program
Willis has expanded its global graduate program in 2008.
Milli Re opens branch in Singapore
Turkish reinsurer Milli Re has announced the opening of a branch office in Singapore, the groups first foreign outing.
Huxley launches new business
Mark Huxley, the founder of Davies Managed Systems and a former group services director of Axis International loss adjusters, has returned to the insurance sector by launching Lamb Creative Marketing.
Applegarth quits Rock
Adam Applegarth has quit as chief executive of struggling bank Northern Rock from today, earlier than expected.
Dual appoints new COO
Dual International has appointed Paul Ferris as its chief operating officer.
DAS strengthens broker teams
DAS has announced four new appointments to further strengthen its broker management teams.
Groupama adds new features to Small Fleet cover to extend appeal to SME’s
Groupama Insurances has made a range of significant enhancements to its innovative, on-line Optima Small Fleet product for fleets of fiveto 15 vehicles. These changes mean that the product is an option for many more small fleet risks.
DAS sees improvement in claims settlement
DAS 80e has welcomed the defendant liability insurers' improved stance in both settling cases and paying ATE insurance premiums.
Groupama updates small fleet cover
Groupama Insurances has made what it calls a range of “significant enhancements” to its on-line Optima Small Fleet product for fleets of five to 15 vehicles.
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Pick of the Week
Jonathan Swift, editor, Post Magazine outlines the major stories in this week’s issue of Post includi...
Appointment at Lancashire Holdings
Lancashire Holdings has appointed Jens Juul as a non-executive director and Simon Burton as an execu...
Benfield shares dip after profit warning
Reinsurance broker Benfield has blamed the weak dollar and soft reinsurance markets for its profits ...
Lord Sheikh accepts role
Lord Mohamed Sheikh has agreed to chair a policy forum that could help UK brokers break into the Isl...
Quinn added to sub-contractor list
Liability insurance specialist Quinn Direct has now joined construction giant Balfour Beatty's list ...
BMS in P&C team catch
BMS has announced that it has acquired a nine-member Cooper Gay property and casualty team based in ...
Willis to use new brand in UK SME market push
Willis is looking to enter the online UK small to medium-sized enterprise market on the back of a US...
Liberty cuts capacity
Liberty Syndicates announced that its capacity for the 2008 underwriting year will be £830m, down fr...
Appointment at Crawford and Company
Crawford and Company UK has made three additions to the marine and transportation team in its global...