News
Heath Lambert refinances with Santander
Heath Lambert has struck a new refinancing deal with Santander Bank, securing a £24m bank facility.
Standard & Poor’s withdraws rating for Swedish insurer
Swedish non-life insurer Moderna has had its Standard & Poor’s long-term financial strength A rating withdrawn after its assets were transferred to another insurer.
Fitch places Brit on Rating Watch Negative
Fitch Ratings has placed Brit Insurance's Insurer Financial Strength rating of 'A' on Rating Watch Negative.
Research shows that young drivers should be banned from night-time driving
Cardiff University researchers have said that newly qualified young drivers should be banned from night-time motoring and carrying passengers of a similar age, the BBC reports.
Lloyd’s names new American director
Specialist insurance market Lloyd’s has appointed Pat Talley as the regional director of its Central US region.
Service Certainty launches new MOJ reforms offering
Insurance consultants Service Certainty has launched a new service designed to help insurer’s combat fraud and meet timescales under Ministry of Justice reforms.
Ecclesiastical appoints business development chief
Ecclesiastical Investment Management has named Mark O’Connor as head of institutional business development.
Timber frame guidance set to be published
The Fire Protection Association and insurers technical research group RISC Authority have announced their intention to publish comprehensive guidance aimed at tradesmen installing services into timber frame construction.
Grieving Scottish families must be protected from further trauma
Families mourning the loss of a loved one killed through negligence must not be subjected to the added trauma of intrusion into the deceased’s finances, a parliament committee is set to hear today.
Pioneer and Exeter Friendly to launch single brand
Income protection and private medial insurance firms Pioneer and Exeter Friendly are set to combine under a single brand name.
Ferma backs law directive
Good risk management and internal control systems help companies go "faster, further and more safely" and businesses should not be afraid of the 8th European Company Law Directive.
Insurers lined up to buy Danish bank
A consortium - including insurers - has agreed a deal to buy Danish bank FIH Erhvervsbank A/S for DKK 5.0bn.
Insurers lined up to buy Danish bank
A consortium - including insurers - has agreed a deal to buy Danish bank FIH Erhvervsbank A/S for DKK 5.0bn.
St Mary launches new PI offering
St Mary Underwriting has launched a new facility for solicitors’ professional indemnity insurance aimed at small- to medium-sized solicitor firms.
Former parliamentary insurance chair Greenway joins claims firm board
Claim Experts has appointed former chairman of the All Party Parliamentary Group on Insurance and Financial Services Jon Greenway as a non-executive director.
Ferma backs law directive
Good risk management and internal control systems help companies go "faster, further and more safely" and businesses should not be afraid of the 8th European Company Law Directive.
FSA joins forces with US regulator
The Financial Services Authority has entered a memorandum of understanding with theUS Financial Industry Regulatory Authority.
Zurich ranks 9/11 and SARS top "mega-disasters" of last decade
Terrorist attacks, hurricanes, and pandemic risks top the list of “Top Ten Mega Disasters” of the past decade, released today by Zurich.
Video: UK Broker Awards as they happened
Well over 500 turned out at the broking community's annual awards ceremony to celebrate the Best of British Read more: http://www.broking.co.uk/insurance-age/news/1733549/video-uk-broker-awards-happened#ixzz105IJPLAx Broking - Broker market intelligence…
Biba: brokers will have to change if ELIB introduced
The British Insurance Brokers’ Association has responded with support to the Financial Services Authority consultation paper for the new Employers’ Liability Insurance Database, operated by the Employers Liability Tracing Office.
FSA enters agreement with US regulator
The Financial Services Authority and the US Financial Industry Regulatory Authority have entered into a memorandum of understanding to support more robust cooperation between the two regulators.
QBE boss acclaims "leading edge" property underwriting deal
QBE has developed a combined rating and geographical risk system which it claims will help its property underwriters deliver more accurate pricing for clients.
Aon warns food industry of walking "blindly" into China media storm
Businesses in the EU involved with importing or selling food and beverage products from China are walking, often blindly, into a potential legal and media storm, according to Aon.
Travel premiums set for "unthinkable" increase of over 20%, claims broker
Insurers are forcing through "previoulsy unthinkable" rate increases of over 20% in the travel insurance market, it has been claimed.