News
Record cat losses for P&C sector
The property and casualty (P&C) sector suffered its worst second quarter catastrophe losses in histor...
Broker Willis plans move into banking distribution
Willis will eventually become a distributor not only for insurers and reinsurers but also for banks a...
Miller Fisher losses reduced
Miller Fisher Group, the outsourcing services provider, has recorded a reduction in pre-tax loss to ...
Moody's warns against early optimism
Reinsurers anticipating large rate increases at the 1 January renewals should not celebrate just yet,...
XL to take control of joint venture Le Mans Ré
XL Capital of Bermuda is likely to take a 67% controlling interest in Le Mans Ré, which XL formed wit...
Stakeholder figures "encouraging" claims ABI
Almost 70 000 new stakeholder pensions were bought in July, according to figures released today by th...
Ockham drives ahead with Highway
Ockham Holdings has recorded a rise in pretax profits in the first half of this year to £5.8m compare...
Helphire set to return to profit
Credit hire company Helphire Group, which is still in dispute with a number of insurers — and which e...
Swiss Re premiums rise
Swiss Re has reported a 19% increase in net premiums in the first half of the year, compared with a y...
Danish Re ditches Newmarket merger
Danish Re has given up on its plans to merge its Lloyd's operations with Newmarket Underwriting. Th...
Insurers are set for generous Concorde payout.
Parties involved in last year's Air France Concorde crash can expect to receive a generous settlement...
Riot get-out clause.
Two police forces may have to foot the multi-million-pound insurance bill, following riots in Bradfo...
Five act to stop rot.
Five of the UK's biggest general insurers are looking at setting up a new market intelligence-gather...
Two in premium finance attack.
Two new premium finance providers aim to wrestle market share from the duopoly that dominates the UK...
Safeco denies problems as Bailey quits.
US insurer Safeco has affirmed its commitment to its London market operations, despite the resignati...
Zurich dragged down by non-life
Zurich Financial Group has recorded a 33% dive in net profits for the first half of the year, with it...
Churchill nets travel.
Churchill Insurance has expanded its online offering to include travel insurance. Customers can now ...
Britannic holds nerve on general.
Britannic has said it remains committed to the general insurance market, despite poor results that s...
Interlink rolled out.
Loss adjuster Cunningham Lindsey will this week finish rolling out its new on-site claims management...
The full potential.
Following an assessment of 20 leading UK websites by customer service solutions company HelpMagic, i...
NU sends 4000 underwriters to school
Norwich Union today launched an academy to hone the skills of more than 4,000 of its underwriters. ...
Miller Fisher delay.
Outsourcing group Miller Fisher has put back the date for its preliminary results until next week. I...
Penny Black's insurance week.
Penny thinks the lovely sounding Aurora, the company formed from the ashes of Independent, needs to h...
GISC delay again.
The delayed ruling from the Competition Commission Appeal Tribunal, on the Institute of Insurance Br...