News
UK brokers call for FSA talks – Insurance News Now – 2 February 2011
Post reporter Amy Ellis outlines this week’s major general insurance stories, including how some UK brokers are calling for a meeting with the FSA to discuss concerns over the increasing level of intervention in compliance issues by the regulator.
Law Society invites members and stakeholders to consider ARP replacement
The Law Society has issued an invitation to its wider membership and other stakeholders to consider an alternative structure that might replace the Assigned Risk Pool.
Danish tunnel project selects risk management partner
The Danish government-owned company Femern has created to buildan 11-mile fixed link between Denmark and Germany has used Risk Decisions’ Predict software to assess the impact of the different risks on the construction cost of the link.
Danish tunnel project selects risk management partner
The Danish government-owned company Femern has created to buildan 11-mile fixed link between Denmark and Germany has used Risk Decisions’ Predict software to assess the impact of the different risks on the construction cost of the link.
Accident Exchange extends credit agreement with Morgan Stanley
Accident Exchange has reduced its debt liability by £50m in a deal wthat it claims provides a significant financial footing for the business.
Alleanza Toro assigned 'AA' financial strength and counterparty credit ratings
Standard & Poor's Ratings Services has assigned its 'AA-' long-term counterparty credit and insurer financial strength ratings to Alleanza Toro SpA, an operating company of Italy-based insurance group Generali. The outlook is stable.
Alleanza Toro assigned 'AA' financial strength and counterparty credit ratings
Standard & Poor's Ratings Services has assigned its 'AA-' long-term counterparty credit and insurer financial strength ratings to Alleanza Toro SpA, an operating company of Italy-based insurance group Generali. The outlook is stable.
Former counsel to Lloyd’s joins Serle Court chambers
Julian Burling, previously counsel to Lloyd’s, has joined commercial and chancery chambers Serle Court.
RFIB launches Russian broker
Lloyd’s of London broker RFIB has established a new retail broker in Russia.
RFIB launches Russian broker
Lloyd’s of London broker RFIB has established a new retail broker in Russia.
Crawford names Marc Godfrey to manage GTS operations in Brazil
He will be based in Sao Paulo and will report to Mauricio Alonso, senior vice president and regional managing director for Latin America, and also work with Bill Johnstone, senior vice president for GTS – Americas.
Defaqto launches 2011 star ratings
Research firm Defaqto has published its financial product star ratings for 2011.
Property Risks appoints new sales boss
Let property insurance and tenant referencing provider Property Risks has named Alan Holton as national sales manager.
Cooper Gay launches European risk management unit
Cooper Gay has today launched a European Markets operation - an integrated trading unit that aims to provide clients with a consistent and timely service for their risk protection needs.
Cooper Gay launches European risk management unit
Cooper Gay has today launched a European Markets operation - an integrated trading unit that aims to provide clients with a consistent and timely service for their risk protection needs.
Allianz teams up with Mercedes GP Petronas Formula One team
Allianz said the partnership underlines its commitment to road safety, Formula One and the automotive industry.
CMS warns of cost of “twin peak regulation”
Law firm CMS Cameron McKenna has claimed that insurance companies will be hit hard by the Financial Services Authority’s Annual Funding Requirement due to the cost of the change in regulator.
Willis names service centre chief
Broker Willis has appointed Mark Parker as head for its global service centres in Ipswich and Mumbai.
Fitch affirms ‘AA’ rating for FM Global
Commercial property insurer FM Global has received an ‘AA’ (Very Strong) financial strength rating affirmation from Fitch Ratings with a Rating Outlook of “Stable.”
Fitch affirms ‘AA’ rating for FM Global
Commercial property insurer FM Global has received an ‘AA’ (Very Strong) financial strength rating affirmation from Fitch Ratings with a Rating Outlook of “Stable.”
Ex-Lloyd's CEO Prettejohn confirmed as Brit chair-in-waiting
Former Lloyd's CEO Nick Prettejohn has been confirmed as Achilles nominated candidate to takeover as chairman of Brit Insurance.
Ex-Lloyd's CEO Prettejohn confirmed as Brit chair-in-waiting
Former Lloyd's CEO Nick Prettejohn has been confirmed as Achilles nominated candidate to takeover as chairman of Brit Insurance.
Xchanging appoints claims specialists
Xchanging has appointed Glenn Brace, Simon Wright and Mark Sullivan to Xchanging claims services.
Private sector deals send positive signal to financial services
While deal values in the financial services sector dropped off in the final quarter of last year, this decline will not change the positive trend of increasing m&a activity, according to analysts at Procewaterhouse Coopers.