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Equity starts performance-related pay

Equity Insurance's head of compensation and benefits, Ricky D'Ash, has revealed plans to introduce a grading system and performance-related pay for all 1,200 staff.

Paton eyes international growth at DAC Beachcroft

Incoming DAC Beachcroft claims solutions group chief executive Bill Paton has vowed to use his "extensive" contacts across the world to grow the law firm's presence in the Asia Pacific and Latin America markets.

Baltic Exchange injured commemorated

The 20th anniversary of the IRA bombing of the Baltic Exchange is being commemorated with a charity dinner next week on the site of the tragedy – the Gherkin.

Wesleyan warns of underinsurance risk

A large number of professionals could find themselves significantly underinsured on their buildings and contents insurance, according to Wesleyan Assurance Society.

IUA attacks late claims payment penalties

Proposed legal reforms that allow unlimited damages to compensate for delayed claims payments will drive up legal costs and raise insurance premiums, the International Underwriting Association has warned.

Hastings reports profit up 63%

Hastings Insurance Group has announced its first calendar year consolidated results, showing pre-tax profit up 63% to £31m (2010: £19m).

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