News
Axa to cut 100 managers
Axa Insurance UK is to cut up to 20% of its management positions over the next few months as part of ...
RSA steps back from speculation
Royal and Sun Alliance has declined to comment on speculation it is to launch a £2bn rights issue lat...
Claims Direct rekindles insurer feud
Personal injury specialist Claims Direct has slammed insurers in a report in today's Daily Telegraph,...
Norwich Union sells Sabre
Norwich Union has sold its non-standard motor subsidiary Sabre to BDML Holdings. It has previously ve...
Pru cuts jobs and sells off general insurance business
Prudential has confirmed that it is to axe 2100 jobs by the end of 2003 to cut costs at its UK operat...
Another new reinsurer for Bermuda
White Mountains has announced today that it is seeking to establish a Bermuda-based property and casu...
Appointment at Axa Sun Life.
Axa Sun Life has appointed Nina Glass and Duncan Mosely to senior positions within the company's bus...
Brit losses rise.
Lloyd's insurer Brit Insurance expects its net loss arising from the US terrorist attacks on 11 Sept...
Insurers to step up lobbying for flood defences.
Insurers plan to step up their lobbying of MPs, government departments and other interested parties,...
Willis share offer.
Insurance broker Willis is to increase the number of shares publicly traded, with a secondary public...
Lords rule on tree damage.
Public authority insurers could face an increase in payouts for subsidence, unless effective risk ma...
Marsh stands by Charman.
Broker Marsh is standing by its new high-profile manager John Charman, despite the fact he is being ...
ABI investigates asbestos delays.
Emergency talks took place on Tuesday between the Association of British Insurers and Iron Trades Ma...
Claims conference: click into the e-age.
Two one-day conferences presented back to back will together give the claims professional a complete...
Who shares wins.
Insurance fraud is rising and will continue to do so unless insurance companies fully embrace co-operation through the unlimited sharing of fraud data, argues Bill Trueman.
Appointment at James Chapman & Co.
Manchester-based insurance litigation firm James Chapman & Co has made two senior appointments. Lynn...
What the Papers Say.
The Sunday Telegraph Boots is to reveal this week that its pension fund is shifting its entire £2...
NU staff join Capita.
Outsourcing group Capita has announced that 60 Norwich Union staff will transfer to the company, aft...
EC rules on NCB.
The European Commission has requested Belgium and Finland to change national rules imposing a mandat...
Assessing the damage.
The world is focusing on Lloyd's as a market barometer in the wake of the 11 September attacks. Although he remains positive, Nick Prettejohn tells Marcus Alcock he is philosophical about the effects the US atrocities will have on the market.
CGNU: new sales up.
UK insurance giant CGNU has reported an 18% hike in worldwide new business sales for the first nine ...
APB all fired up.
The Arson Prevention Bureau has called for a clamp down on deliberately started car fires, which acc...
Hardy passes 75% capacity threshold
Lloyd's isnurer Hardy Underwriting Group has purchased an additional £3.32m of capcity on its short t...
Open + Direct safe from sale.
Weekend reports that financial services company Open + Direct have been put up for sale by its paren...