News
Marsh endorses SME remuneration investigation
Broking giant Marsh has supported the EU Competition Commission's decision to investigate certain aspects of broker remuneration as part of the planned review of the Insurance Mediation Directive.
Swiss Re launches adverse weather derivatives for poorer countries
Swiss Re has launched an adverse weather risk transfer market for emerging countries under the banner climate adaptation development programme (CADP).
Novae appoints regional manager
Novae Insurance has appointed Jonathan Morgan unit head of its regional financial lines division in the UK and Ireland.
BIBA hits out at FSA's fee disclosure proposal
The British Insurance Brokers’ Association has today warned that the Financial Service Authority’s proposed new treatment of fee disclosure to consumers in respect of lower risk or ‘other’ general insurance products represents ‘a licence for the…
GIC to open branch office in London
Reinsurance magazine has learned that General Insurance Corporation of India (GIC) is to open a full branch in London as part of plans to diversify away from its core home market.
Solvency II: threat to small insurance companies, says accountant
Accountant Moore Stephens said today that smaller insurance businesses may have to make difficult decisions about their long-term viability under Solvency II, the EU-wide capital adequacy requirements which will come into force in 2012.
Zurich and Tom Tom team up
Zurich has struck a pan-European partnership with the navigation solutions provider, Tom Tom.
Lloyd's bosses hail first half performance
Lloyd’s has reported a before tax of £1.8bn for the six months to 30 June (2006: £1.35bn).
Brit steps up SME drive
Brit Insurance has appointed Tim Grant as distribution leader, small business and personal lines.
Interview - Declaration of independence
Lord Hunt of Wirral was crowned president of the Chartered Insurance Institute almost without ceremony after the canning of its annual conference. Ralph Savage finds the CII and its new president in an ambitious frame of mind
Pick of the Week
Jonathan Swift, editor of Post Magazine outlines the main news stories in this week’s issue including...
Appointment at Countrywide
Countrywide network has appointed two new business consultants to help brokers develop their use of ...
IIB highlights FSCS injustice
The global credit crunch has highlighted the injustice of cross-subsidies in the Financial Services ...
Quinton quits as RBSI MD
Mike Quinton has quit as managing director of household and life at Royal Bank of Scotland Insurance...
FOS to shed 260 staff after fall in complaints
The Financial Ombudsman Service has reiterated its June general insurance figures in response to fea...
Quinn appoints Europ
Europ Assistance has been appointed to provide roadside assistance services to Quinn Direct motor po...
Industry granted faster disaster site access
The insurance industry has been told it will gain faster access to disaster sites through the emerge...
Appointment at William Pitt
Williams Pitt has appointed senior loss adjusters Steve Butler and Paul Edwards. Mr Butler will oper...
Appointment at Pembroke
Pembroke has recruited Mark Butterworth as managing director. Mr Butterworth joins Pembroke from Lib...
Willis: Market will follow us with 2.5% brokerage on fees
The entire national broking market has been tipped to introduce 2.5% commission on fee business in 2...
Welsh broking subsidiary
Monmouthshire Building Society has announced the creation of a specialist insurance broking subsidia...
North of the Border: pre-litigation negotiations and expenses
The case of Morrison v BBC (2007) provides an indication of when a Scottish court may limit a pursue...
Islamic insurer unveils CEO
Former Rubicon chief executive Bradley Brandon-Cross has emerged at the helm of British Islamic Insu...
NIG waits on Direct Line SME entry concerns
NIG has no plans to issue any blanket communications about its sister company Direct Line's move int...