News
Conservatives call for raise in motorway speed limit
The Conservatives have called for the speed limit on motorways to be raised to 80mph. Shadow transpo...
Carole Nash takes over AA book
Broker Carole Nash Insurance Consultants has acquired the entirety of the AA's motorcycle insurance ...
SVB recruits PRI boss to head start-up
Peter Matson, co-founder and former chief underwriting officer for Professional Risks Insurance, is ...
HHH closure offers new opportunities
The end of the high-street broker has been predicted ever since the arrival of Peter Wood's Direct L...
Flood rules to hit developers
Scottish planning authorities now have the right to refuse permission for developments on flood risk...
FSA bans former directors
The Financial Services Authority has banned six former directors of Chiyoda Fire and Marine Insuranc...
Trade body not necessary
Tony Hayward, business development manager at LMG Jewellery, a member of the steering committee behi...
NU rejected sale and MBO ahead of HHH closure
Norwich Union rejected both a management buyout and the sale of its high-street broking business Hil...
Office of Fair Trading conclusion
The Office of Fair Trading has provisionally concluded that the arrangements entered into by Pool Re...
Chair of new Claims Faculty to be announced
The chair of the Chartered Insurance Institute's new Claims Faculty, due to be formed following a me...
Aviva expects operating profit for 2003
Aviva has said it expects its 2003 operating profit to be about £1.9bn, ahead of market predictions ...
Crawford & Company recruits Paul Bermingham
Loss adjuster Crawford & Company has recruited Paul Bermingham as director of its global risk admini...
Single-event a limit too far
The introduction of single-event limits for war and terrorism cover since the attacks of 11 Septembe...
TAG test cases reach agreement
Insurers have agreed to a settlement as part of The Accident Group test cases over an issue that was...
Councils unite to fight dubious CFA claims
Local authorities are continuing to lose money as a result of an increase in spurious compensation c...
Groupama recruits another Axa manager
Groupama has recruited another Axa manager, weeks after two other colleagues, Phil Bird and Kate Mun...
Penny Black's insurance week
Penny was glad to hear that Royal & Sun Alliance small business boss Simon Cooter enjoyed hi...
Aquilo floats to value of £6m
Claims services company Aquilo is aiming to float on the Alternative Investment Market by mid-April,...
Insurers may be hit by EC VAT plan
Personal injury and medical negligence insurers could be hit hard by an EU Directive that will add 1...
New international personal lines head at Ace
Thomas Urbanec has joined Ace as executive vice president of its International Personal Lines division.
Axa's Regan moves to RSA as group financial controller
Royal & Sun Alliance Insurance Group has appointed Pat Regan in a new role as group financial controller, subject to approval by the Financial Services Authority. The appointment follows the announcement in January that George Culmer will join the Group…
WTC insurance trial starts
The first trial to decide how much money will be paid out for the destruction of the World Trade Centre (WTC) on 11 September 2001 has begun in New York.
Carole Nash buys AA motorcycle book
Broker Carole Nash Insurance Consultants has acquired the AA’s entire motorcycle insurance business.
XL Capital hit by Q4 2003 loss
XL Capital has reported that it made a loss of $314.8m in the last quarter of 2003, down substantially on the $214.1m profit made over the same period of 2002.