News
US Department of Justice investigating AIGFP
AIG Financial Products Corp(AIGFP), a subsidiary of AIG, has become a target of an investigation by the US Department of Justice involving possible violations of federal security laws.
UK road deaths increased in 2003
The Department for Transport has published its National Statistics for road deaths and injuries in Great Britain in 2003, based on information about accidents reported to the police. The report says:
CII Conference: Axa CEO calls for less pessimism
This year's UK Insurance and Financial Services Conference got under way in earnest this morning with a powerful opening address from Axa CEO Henri de Castries.
FSA director outlines major concerns
Sarah Wilson, FSA Director High Street Firms, expressed concern about the levels of awareness in the secondary general insurance market, during a speech entitled ‘General insurance regulation: is your house in order?’ at the CII Conference.
Atrium confirms capacity acquisition
Atrium Underwriting has announced it has acquired a further £2.6m of capacity on its two managed syndicates, 570 and 609, at a cost of £0.2m.
PwC American Insurance Digest launches October 2004 edition
PricwaterhouseCoopers American Insurance Digest October 2004 edition covers: life insurance secondary guarantees, the evolving role of the chief compliance officer, capital sources entering the insurance market, enterprise-wide risk management (ERM) and…
Government makes personal injury pledge
Further stability, certainty and transparency will be brought to conditional fee agreements when fixed success fees are extended to the estimated 48 000 annual claims brought for accidents at work from 1 October, Civil Justice Minister David Lammy…
Select & Protect seals personal deal
Select & Protect has signed an agreement with broking network Personal Touch Insurance to give the latter’s members access to home insurance products.
RSA enhances charity cover
Royal and Sun Alliance has announced the enhancement of its charity trustee cover, under the name Charity Trustee Assurance.
CII debate highlights industry split on offshoring
Offshoring and staff qualifiations dominated a lively interactive debate at today 's UK Insurance and Financial Services Conference with sharp divisions emerging among senior industry figures about the merits of offshoring insurance company functions.
US Department of Justice investigating AIGFP
AIG Financial Products Corp(AIGFP), a subsidiary of AIG, has become a target of an investigation by the US Department of Justice involving possible violations of federal security laws.
Förterer resigns from Converium
Dr Jürgen Förterer, chief executive of R+V Versicherung, Wiesbaden, has resigned from the Board of Directors of Converium.
Blast off
Virgin's announcement that it will fly members of the public into orbit in three years could create ...
Actuarial Profession puts papers on website
The Actuarial Profession has put the 400 papers presented at its general insurance conventions on it...
Virgin space plan may trigger demand
Tycoon Richard Branson's announcement this week that his company Virgin is aiming to begin commercia...
Clarification
For information about the Insure-E.com article (pp16-17) in last week's Strategic Focus please note ...
Appointment at Mills and Reeve
Mills and Reeve has promoted 13 solicitors to associate level. Helen Bolton specialises in banking a...
Broker reports leap in profits
Australian insurance broker OAMPS has recorded a 36% increase in its net profit after tax to A $24.6...
NHS recovery proposal attacked
A government consultation paper proposing the NHS be allowed to recover the cost of treating workpla...
Ex-Saga boss launches over-50s rival
Saga Insurance co-founder David Holden is launching an insurance broker targeting the over 50s, and ...
Munich Re to boost presence in India
Munich Re has launched a service company in Mumbai in order to strengthen its position in the Indian...
Police chief calls on insurers in fraud fight
London's leading police fraud detective has made an impassioned plea to the insurance industry to he...
Visit Post Magazine website
For an updated list of which brokers and intermediaries are minded to authorise, visit the Post Maga...
Converium in last gasp share sale
Swiss Reinsurer Converium has won investor approval for a share issue aimed at raising $420m (£232m)...