News
Wellington "war chest" for former banker
Wellington Underwriting will put its £75m acquisitional "war chest" in the hands of former investmen...
Broker confirms MBO
Insurance and mortgage intermediary Paymentshield has completed a management buyout of its founder s...
RJW to fight for Claims Direct brand
Law firm Russell Jones & Walker has hired a third-party law firm to protect its ownership of the Cla...
HBOS confident of EU gender failure
Halifax Bank of Scotland has brushed aside fears of a European Union ban on using gender information...
FSA whistle-blowing moves backed
Insurers and brokers have backed industry initiatives encouraging companies to report intermediaries...
Oval begins nationwide recruitment drive
Broker consolidator Oval has begun a nationwide recruitment drive as part of a push to create new bu...
Appointment at The Regency Group
Ian Lloyd has become director of operations for Regency Warranties, part of The Regency Group. He wi...
Appointment at Sutcliffe Solloway and Co
Grimsby-based insurance broker Sutcliffe Solloway and Co has appointed David Quantrill as managing d...
Insurers face £1bn in construction fines
More than £1bn of fines could be levied on insurers for failing to comply with rules on National Ins...
New chairman for International Underwriting Association
The International Underwriting Association has appointed a new chairman for its marine technical com...
Penny Black's insurance week
When it comes to celebrating birthdays, specialist media and arts insurance broker La Playa has come...
Stress levels in schools escalating
Stress levels in schools and colleges are escalating at an alarming rate, according to figures from ...
Appointment at Winchester White
Specialist financial services management consultancy Winchester White has made Kevin Duffy principal...
Appointment at Markel International
Markel International has promoted Penny Whitwell to head of legal. She has worked with various Lloyd...
Stolen works of art not insured against theft
Edvard Munch's The Scream and Madonna, which were stolen from Oslo's Munch Museum at gun point, were...
PXRE adds to Charley loss estimates
PXRE Group has announced that it expects to incur a net loss arising from Hurricane Charley of $13 to $18m, after tax and reinstatement premiums.
Wellington forecast points to growth from Folgate tie-up
Wellington Underwriting Agencies, the Lloyd’s managing agency wholly owned by Wellington Underwriting, has issued updated forecasts relating to the 2002 and 2003 years of account for its managed syndicate 2020, as at 30 June 2004.
Axa halves legal panel
Axa has announced its revised panel for claims solicitors' services in England and Wales.
RIMS releases compensation statement
The Risk and Insurance Management Society (RIMS) has released a statement by President Nancy Chambers, CRM, regarding industry compensation and placement practices.
Rodilosso leaves Folgate
Julie Rodilosso has left The Folgate Partnership after less than six months with the business, reports James Salmon from Insurance Age.
Homeserve sells off specialist unit
Homeserve, the domestic insurance provider, has sold its plumbing business Onsite South to its managers for £3m in cash as part of plans to focus on the home repair sector.
Goshawk: small hit from Charley
Goshawk Insurance Holdings, the parent company of Rosemont Reinsurance in Bermuda has said its inititial estimate of aggregate potential net losses relating to Hurricane Charley will be under $7m.
GE ERC announce new executives
GE's Employers Reinsurance Corporation (ERC) has announced that Tim Brophy, Joseph Cook and Paul Giacobbe have joined the company as sales executives for its Americas Direct property & casualty reinsurance unit. They will report to Jeffrey Archer, who…
Platinum Underwriters announces Charley losses
Bermuda-based Platinum Underwriters has announced that, on the basis of currently available information, it estimates that after-tax losses from Hurricane Charley, net of reinstatement premiums, will range from $20m to $35m.