News
Independent Insurance trial news
Post Magazine, Reinsurance Magazine, Professional Broking and Insurance Age have established a special website dedicated to the forthcoming trial of the three former directors of failed UK insurer, Independent Insurance - Michael John Bright, former…
Defendants seek to join Thameside as second indexation case goes against insurers
The Judgment in Corbett v South Yorkshire Strategic Health Authority was handed down by His Honour Judge Bullimore earlier today. Kennedys, instructed by the NHS Litigation Authority, represented the Defendant.
DCA proposes widening eligability for claimants
A consultation paper proposing changes to parts of the civil law on damages was published today by the Department for Constitutional Affairs.
Unitas planning MGA start up
Unitas Alliance has announced plans to launch an underwriting agency following its latest AGM
Ecclesiastical in management shake up
Key members of the Ecclesiastical Insurance management team will assume new responsibilities designed to strengthen Ecclesiastical’s organisation for the future. New director appointments will be made for areas of finance, risk, technology, marketing and…
Collins opens capital markets arm
Privately-held US reinsurance broker Collins has formed a new subsidiary, Collins Capital Advisors, to provide investment banking advice and capital markets services to its clients.
Protection market reprieve as government refuses redundancy insurance scheme
The government has rejected plans by Coventry South MP Jim Cunningham to establish a national wages and insurance scheme. In Parliament yesterday, Mr Cunningham asked parliamentary under secretary of state for trade and industry Jim Fitzpatrick, whether…
Sheikh opposes insurer-backed funding of terror compensation scheme
Lord Sheikh is attempting to remove insurers from the equation over compensating UK victims of terrorism overseas.
Brit sells control of Ri3K for £8.3m
Brit the international (re)insurer, has ended months of speculation by announcing that it has sold a 56 per cent stake in risk placement technology provider RI3K to a consortium of investors comprising, investment fund Eton Park LLP, investment banking…
Evolution and Allianz Insurance to provide fleet cover
Evolution Underwriting and Allianz Insurance have joined forces to provide motor fleet insurance to selected brokers. Launched this month, the product is aimed at Evolution's existing small to medium-sized enterprise client base.
Argent expands med mal capabilities with new hire
Argent Liability Adjusters has hired Katie Caris-Harris to join its professional liability team in London.
Axis extends Australian Stardex agency deals
AXIS Specialty Europe has extended a three-year underwriting agreement with Australian specialist professional liability underwriting agency Dexta for a further two years until 2010 to and has signed a new deal to provide capacity for fellow member of…
Insurers 'labouring' under multiple accounting standards
PricewaterhouseCoopers has welcomed the publication by the International Accounting Standards Board of a discussion paper about the future of insurance accounting.
Higos acquires Mike Deverell Insurance
Higos Insurance Services has acquired Mike Deverell Insurance Services, also based in Somerset.
Novae appoints specialist FI underwriter
Novae has hired a financial institutions underwriter for emerging markets and commercial crime in the UK regional market.
CEA welcomes EC white paper on retail financial services
CEA, the European insurance and reinsurance federation, has welcomed the European Commission's green paper on retail financial services, published on 2 May 2007.
Beazley revenues rise on increasing rates
Underwriting conditions experienced so far this year are satisfactory - the Group has experienced an overall rate increase on renewal business across the portfolio of 3%.
Allianz tackles trading after academy review
Allianz Insurance is tackling trading skills with new additions to its Underwriting Academy unveiled...
CII to share offices after exam tie up
The Securities and Investment Institute has withdrawn its certificate in investment and financial ad...
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Calls for smoking ban aid
Employers are being encouraged to allow staff members to attend smoking cessation services during wo...
Pick of the Week
Anthony Gould, editor in chief, Post Magazine runs through this week’s major general insurance news i...
Zenith adopts new brand
Zenith Services UK, the appointed service provider to the Gibraltar-based insurers Link Insurance an...
Chubb merges personal lines and accident
Chubb has merged its personal lines division and accident and health business under one head, follow...