News
Gable doubles GWP
Gable Holdings has produced gross written premium of £8.63m (H1 2009: £4.0m) for the six months ended 30 June 2010.
Gable doubles GWP
Gable Holdings has produced gross written premium of £8.63m (H1 2009: £4.0m) for the six months ended 30 June 2010.
QBE “delighted” at lack of FOS complaints
John Neal, chief underwriting officer, QBE European Operations has revealed the firm’s delight at being at the bottom end of the Financial Ombudsman Service's complaints table.
Brit global markets unit promotes trio
Brit Insurance has made new appointments within its global markets strategic business unit.
Charles Taylor and Hamid Mukhtar & Co form Pakistan partnership
Loss adjuster Charles Taylor has entered an exclusive representation agreement with Hamid Mukhtar & Co, a Pakistani firm of loss adjusters, consulting engineers and insurance surveyors.
Top line discipline "encouraging"
Reinsurers are showing promising signs of rate discipline, according to Equity analysts at Jefferies Research.
Quinn UK ban ‘positive’ for prospective buyers
The decision not to allow Quinn Insurance to re-enter the UK commercial lines market is a positive step for its potential sale and the rest of the UK market, according to observers.
Tumbling revenues force CBG to close Liverpool operation
CBG has closed down its Liverpool operation amid "disappointing" results for the first half of the year.
Willis severs Indian links after regulator withdraws licence
Willis is to cut ties with its Indian partner after the local regulator unearthed a series of misdemeanours by the latter.
Third-party fraud outside review scope
Law commissioner David Hertzell conceded the current ability for fraudulent third parties to only lose the dishonest part of their claim — rather than having to forfeit the whole — is "quite generous", but stressed this issue lies outside the scope of…
Clydesdale broker push starts off with Panacea
Scottish bank Clydesdale has set its sights on investment in the intermediary sector in a bid to expand its presence in the UK insurance market.
Postscript - 30 years ago: Conservative donations from insurers
Looking through Post's back catalogue paints a unique picture of more than 150 years of insurance news, as this highlight from 30 years ago reveals.
Postscript - 20 years ago: Fraudulent claims need handling
Looking through Post's back catalogue paints a unique picture of more than 150 years of insurance news, as this highlight from 20 years ago reveals.
Postscript - 10 years ago: CIS justifies status to government
Looking through Post's back catalogue paints a unique picture of more than 150 years of insurance news, as this highlight from 10 years ago reveals.
Postscript - five years ago: Brit pleased by Ashes success
Looking through Post's back catalogue paints a unique picture of more than 150 years of insurance news, as this highlight from 5 years ago reveals.
Mediation myth debunked by settlement successes
New figures prove that personal injury cases — often cited as the exception to the rule — can be successfully mediated. Statistics from specialist not-for-profit organisation Trust Mediation reveal that, out of 33 PI cases handled between January and…
New members strengthen advisory council
The prospect of problematic personal injury cases being resolved by mediation has been bolstered by the backing of two industry heavyweights. Representatives from insurer Aviva and personal injury solicitors Thompsons are among the latest to join Trust…
Delta's new expansion plans take it south
Delta Claims Services is set to extend its presence to the south of England, while hinting at a move into the property market.
Government set to give go-ahead to draft law reform bill
The government appears to have given the 'green light' to the draft bill on consumer insurance law reform, according to law commissioner David Hertzell. This could take effect as early as next year, he said, which is "two years ahead of when we would…
Risk carrying captive launched in Gibraltar
Broker A&A Group has launched a risk carrying captive in Gibraltar to sit alongside its existing panel of UK motor insurers.
Double venture heralds return of Lord Sheikh
Lord Sheikh is set to return to the market with two new public limited companies.
Lord Young to recommend extension of MoJ RTA portal
Extension of the Ministry of Justice electronic portal, which handles low-value road traffic accident claims, to include employers’ liability and public liability, is expected to be a feature of Lord Young of Graffham’s upcoming review on compensation…
Ecclesiastical turns focus onto core UK business
Ecclesiastical intends to focus on developing its core UK business, having opted to close its London market operation.
Career development & CSR news: Minty freshens up CII ethics training course
The Chartered Insurance Institute has launched an online ethics course for all Personal Finance Society and CII members in a drive for greater professionalism.