News
Watch your back.
Never has it been more true that the buck stops with the boss, a trend which could have dramatic imp...
Don't let the Bright light fade.
Michael Bright, who unexpectedly stepped out of the limelight at the insurer with which he is synon...
Your business in their hands?
The services of consultants are being used more and more by insurers, but the focus is beginning to shift from strategic management to long-term resourcing issues such as staff motivation and corporate culture. David Fanning investigates.
Arthur up by 40%.
Arthur J Gallagher increased its net profit by 40% year-on-year to $23.5m (£16m) in the first quarte...
MPP injects a little AirFusion.
MPP Global Solutions has launched a consumer focused internet service AirFusion to cater for the pro...
Swiss Re up as non-life rallies
Swiss Re, the world's second-largest reinsurer, has reported a 2000 net profit rise of 21% 2.97bn Swi...
Transatlantic Holdings shows little improvement
Transatlantic Holdings has posted first quarter net income for 2001of $48.5m (£33.4m), compared to $4...
BIBA appoints Garol to vet broking systems
The British Insurance Brokers' Association has appointed technology consultants Garol to develop an i...
Hiscox profits jump — on balance
Hiscox, which recently rebuffed a bid offer from US giant Chubb, has recorded a rise in pre tax profits to £3.5m compared to only £112 000 in 1999, claiming that gross written premiums of £384.7m helped offset market volatility in it's Lloyd's operations.
Brit jumps into the black
Brit Insurance Holdings, the parent of Brit Insurance, has reported pre-tax profits of £1.5m for 2000...
Halifax and BoS locked in talks
Halifax and Bank of Scotland have confirmed they are in talks regarding a potential £26bn merger of e...
Scottish Annuity to relocate to Bermuda
Cayman's largest reinsurer, Scottish Annuity & Life Holdings Ltd, which is listed on Nasdaq, is movin...
Ward Evans revision
The Ward Evans Group has announced a revised image which marks a change of emphasis from its role as ...
Fortis ups anchors on yacht business
Fortis is to withdraw from the yacht and pleasure boat sector and is to cease underwriting the busine...
Benfield gets backing for takeover
Benfield Greig Group, the UK based independent reinsurance intermediary, has received the backing of ...
RenaissanceRe sees hardening market
RenaissanceRe Holdings, primarily a property catastrophe reinsurer, has recorded a 21% increase in ne...
Aon to spin off underwriting business
Broking giant Aon plans to spin off its insurance underwriting operations - and to re-enter the prop...
Atrium slips into the red
Lloyd's based insurer Atrium Underwriting's financial results for 2000 were hit by investment losses ...
Fortis calls for Selby claims
Insurer Fortis is to write to the injured parties and relatives of the deceased involved in the Selby...
Pru sales up despite poor US results
Prudential recorded a 29% increase in total insurance sales to £5bn for the first three months of thi...
Tories lambast Labour over genetics duck
Shadow health secretary Liam Fox has accused the government of ducking the issue on the future use by...
Primary to close Horsham office – 20/04/01
The Primary Group is to close its Horsham office, affecting 80 staff. The functions carried out at ...
Ace European Markets opens in London
(Re)insurance group Ace is opening a branch of its Dublin subsidiary, Ace European Markets, in London...
Marsh income up
Broking giant Marsh & McLennan of the US has reported a 9% increase to $369m in its net income for th...