News
Former AIG boss Sullivan joins Willis
Former AIG chief executive Martin Sullivan has been appointed deputy chairman of Willis Group Holdings and chairman and CEO of a new business unit, Willis Global Solutions.
Profits soar at Fortis-owned broker
The Green Insurance Company has reported turnover of £4.36m for the year 2009, marking a significant increase on the £2.7m reported the previous year.
Willis to appeal Indian renewal rejection
Willis has said it will appeal the Indian regulatory authority’s decision not to renew the licence renewal application of its joint venture in India.
Indian regulator refuses to renew Willis licence
The Insurance Regulatory and Development Authority in India has decided not to renew the composite broking licence of Willis India, an affiliate company of the international broker, according to Indian news sources.
Legal Assistance Direct launches out of Capita acquisition
Legal Assistance Direct has confirmed its entrance to the insurance market following the acquisition of Capita Assistance legal helpline business.
VFM announces £40m saved in fraud detection
VFM Services has revealed it has topped £40m in savings for its clients since 2004 - almost entirely related to sub £5k claims.
City law firm launches free online regulatory service
CMS Cameron McKenna has launched RegZone – a free-to-view service for anyone interested in the way financial institutions are regulated.
City law firm launches free online regulatory service
CMS Cameron McKenna has launched RegZone – a free-to-view service for anyone interested in the way financial institutions are regulated.
Hannover Re issues hybrid bond
Hannover Re has today successfully placed a €500m subordinated bond on the European capital market via its subsidiary Hannover Finance (Luxembourg).
Hannover Re issues hybrid bond
Hannover Re has today successfully placed a €500m subordinated bond on the European capital market via its subsidiary Hannover Finance (Luxembourg).
German and UK customers value personalised service
UK and German consumers are likely to show much greater loyalty to insurance providers that demonstrate they know who their customers are and can refer to all aspects of the client's history during any transaction.
DOA teams up with Sterling
Underwriting agency, David Oliver Associates, has chosen Sterling Insurance to underwrite its new platinum commercial combined policy.
Canopius announces promotions
Canopius has announced two promotions in its treaty reinsurance division.
Capita names new commercial MD
Capita Insurance Services has appointed Derek Henry to the role of managing director of Capita’s commercial insurance business.
Reinsurer shareholders' funds grow by 12%
Reinsurer shareholders’ funds have grown by 12% to stand at $235bn, according to the Aon Benfield Aggregate report.
Coversure moves into Leicester
Coversure has opened its 90th office - a new branch in Leicester.
Canopius announces promotions
Canopius has announced two promotions in its treaty reinsurance division.
Ecclesiastical creates new director of strategic development role
Ecclesiastical Insurance has appointed Kevin Jones in the newly-created role of director of strategic development.
Aviva appoints head of new business sales
Aviva has announced the appointment of Ian Valentine as head of new business sales.
Automotive finance fraud hits four year high
Automotive fraud rose by 35 per cent in the first half of 2010, overtaking attempted mortgage fraud in the second quarter to reach its highest level since early 2006, according to Experian.
LV COR down to 101.9% as insurer reveals improved H1 results
LV has recorded an improved performance for H1 2010, with sales and trading profits up on the same period of 2009.
Reinsurer shareholders' funds grow by 12%
Reinsurer shareholders’ funds have grown by 12% to stand at $235bn, according to the Aon Benfield Aggregate report.
German and UK customers value personalised service
UK and German consumers are likely to show much greater loyalty to insurance providers that demonstrate they know who their customers are and can refer to all aspects of the client's history during any transaction.
Aon Benfield set to launch app
Aon Benfield has announced the launch of an application for its proprietary facultative placement platform, FAConnect.