News
Gulf Re ratings affirmed by AM Best
A.M. Best Co. has affirmed the financial strength rating of A- (Excellent) and issuer credit rating of "a-" of Gulf Reinsurance Limited (Gulf Re) (United Arab Emirates). The outlook for both ratings is stable.
Cadogan Keelan Westall unveils new environmental insurance
Commercial property insurance broker Cadogan Keelan Westall has responded to the Environmental Damage (Prevention and Remediation) Regulations by developing a new product.
UIB expands aviation team
International broker United Insurance Brokers (UIB) today announced the appointment of Steve Bradley and Gwyn Derrick as Divisional Directors to the Aviation team, based in the London head office.
FirstAssist launches toolkit for SMEs
A new legal and compliance toolkit for small to medium-sized enterprises (SMEs) has been launched by legal protection provider, FirstAssist.
Aviation duo joins UIB
United Insurance Brokers has appointed Steve Bradley and Gwyn Derrick as divisional directors to the aviation team, based in the London head office.
New national-scale flood risk model launched
Flood risk assessment company Ambiental has launched a new method of flood modelling and mapping to create more detailed and accurate national-scale flood risk data.
Hole lands Plum job
Specialist household insurance provider Plum Underwriting has appointed David Hole as claims manager.
SBJ management buy back Lloyd's business from Axa
The management of SBJ Global Risks today announced that they have agreed to acquire, subject to regulatory approval, 100% of the share capital of SBJ Global Risks from Axa-owned Bluefin Group.
DAS makes way for Lawclub Legal in QBE deal
QBE's Motor division has replaced DAS with Lawclub Legal Protection in order to consolidate and enhance the legal expenses and uninsured loss recovery (ULR) cover it provides to its motor policyholders.
QBE motor arm dumps DAS in legal expenses shake up
As part of the continuing development of its motor portfolio offering, QBE's motor division has formed a legal expenses partnership with Lawclub Legal Protection in order to consolidate and enhance the legal expenses and uninsured loss recovery cover it…
Fitch changes Fortis rating watch to positive
Fitch Ratings has changed the rating watch on the long-term issuer default ratings of the five Fortis holding companies - Fortis SA/NV, Fortis NV, Fortis Brussels, Fortis Utrecht and Fortis Insurance NV - to positive from evolving.
Amlin recruits senior restructuring and integration expert
Amlin has appointed Andrew Grant as group operations officer, reporting to chief executive, Charles Philipps. In this new role, the insurer said he will be responsible for overseeing operational governance standards across the group and for ensuring that…
PHP completes Health Care Matters acquisition
Skipton Building Society group company The Private Health Partnership has acquired Health Care Matters.
First Assist targets SME market with new product
First Assist Legal Protection has launched a version of its Business Care legal and compliance solution for the SME marketplace.
Lloyd's pension fund chair claimed for floating duck house
Sir Peter Viggers was today exposed by the Telegraph for claiming £1645 cost of a floating duck house in the garden pond at his Hampshire home.
RBSI boss Sullivan to step down from role in July
The chief executive of Royal Bank of Scotland Insurance is to step aside at the end of July and take on a new role within the bank.
MP claimed expenses for insured water damage
In the latest round of exposures about MPs expenses it was today revealed that Labour MP Ruth Kelly claimed thousands of pounds in expenses to pay for damage caused to her home by flooding, although at the time she had a building insurance policy.
Insurers start to offer swine flu policies in Hong Kong - report
Travelers forced to undergo quarantine when overseas or on returning to Hong Kong as a result of the current swine flu scare are being offered cash payouts thanks to a new insurance scheme, the Hong Kong Standard has reported.
Worry over 'stale' companies
Organisations across the UK are in danger of becoming "rudderless" and "stale", according to new fig...
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FSSC licence is not renewed
The Financial Services Skills Council has criticised a decision not to renew its licence, in a move ...
Migrant policies should rise up the agenda says survey
More insurance and other financial policies that apply across Europe's national boundaries must be d...
Pick of the week: FSA authorisations nose-dive; NU jobs return from India...
Reporter Leigh Jackson looks at the major news stories from this week's Post: FSA authorisations hit ...
NIG chief insists it has backing after restructure
NIG commercial underwriting chief Steve Kingshott claims that brokers have welcomed its recent restr...