News
Aviva is a likely winner through diversification
Larger, more diversified companies will end up with lower capital requirements once the Solvency II ...
Appointment at Chubb
Chubb Leeds has added to its development team with the appointment of Chris Stevenson as commercial ...
Appointment at Arch Insurance Company
Arch Insurance Company (Europe) has recruited Philippe Vivares as underwriting manager offshore ener...
Appointment at Windsor
Windsor, a specialist Lloyd's broker, has appointed John Bennett as executive director. Mr Bennett j...
The claimant's view - Thompson predicts a colossal software disaster
Colossus of Rhodes was one of the Seven Wonders of the World but for all its imposing form, it had l...
Face of the future
Solvency II may not have to be implemented until 2010 but fundamental decisions on Solvency II will ...
NIG relaunches logo
NIG has relaunched its logo incorporating parent Royal Bank of Scotland Group's daisy wheel logo. Ch...
Third-party premiums more expensive
Third-party motor premiums are nearly £200 more expensive than comprehensive policies, according to ...
Marsh launches new practice
Marsh has launched a new personal accident, contingency and entertainment practice. Led by team lead...
ATE insurers fight for their future
After-the-event insurers are joining forces in a bid to stop a Court of Appeal judge slashing the pr...
Appointment at ASL
Andrew Brown has joined ASL, where he will be responsible for handling financial crime, cash in tran...
EC director urges wider industry participation
Elemer Tertak, director of financial institutions directorate for the European Commission, urged the...
Appointment at Reynolds Porter Chamberlain
Tim Brown is to succeed Paul Nicholas, who retires on 1 May, as senior partner at Reynolds Porter Ch...
MBO to result in sales push
National Accident Helpline will expand its advertising across the internet and other non- traditiona...
Tories woo insurers with tax promises
The Conservative Party has launched a charm offensive on the UK insurance industry, with London's Ci...
RSA ups regional assault
Royal and Sun Alliance has launched an offering for large regional companies. Contour is aimed at b...
Stand-alone terrorism insurance drop
With the exception of a few notorious hotspots, overall rates for stand-alone terrorism insurance ha...
Lloyd's not blown off course by hurricanes
Up to half of the syndicates in Lloyd's managed to produce profits in the 2005 calendar year, contri...
Esure market share slips
Direct motor insurer Esure has defended its position after a market report claimed its market share ...
Brokers made Conservative peers
Two high profile broking figures have been made working peers.
Avon Insurance wins High Court battle over injury claim
The Blackburn Rovers have lost a High Court battle to win multi-million pound damages claim over a career-ending back injury to forward Martin Dahlin.
PXRE downgrades continue as S&P lower ratings
Standard & Poor's Ratings Services has lowered its counterparty credit ratings on PXRE Group and PXRE Corp. to 'B+' from 'BB-' and removed the ratings from CreditWatch negative where they were placed on Feb. 16, 2006.
Glacier Re gains Mexican reinsurance licence
Glacier Reinsurance has announced that it has received a licence to write reinsurance business in Mexico. The licence, which was granted on 29th March, covers all areas of non-life reinsurance.
PXRE ratings downgraded again by AM Best
AM Best has announced that it has downgraded the financial strength rating (FSR) to B (Fair) from B+ (Very Good) and the issuer credit ratings (ICR) to "bb" from "bbb-" for the reinsurance subsidiaries of the PXRE Group.