News
Broker Jelf records £616 000 interim loss
For the six months ended 31 March 2010, insurance broking group Jelf this morning reported a loss of £616 000, an improvement on the same period in 2009 when this was £994 000.
Marsh: more companies adopting sustainability strategies
As demand grows from consumers, investors and governments for businesses to become more sustainable, companies are beginning to change their strategy and planning.
"Softer" skills key for risk managers finds Ace survey
Risk managers who can demonstrate a mastery of the so-called ‘softer’ skills are increasingly one step ahead of their peers when it comes to unlocking the door to the most senior risk management roles.
Charles Trent selected by Insure The Box
Charles Trent has been selected as the nationwide salvage partner for new insurer, Insure The Box.
Sign up now for the Prince's Trust Insurance Cup
Calling all insurers, brokers, reinsurers and suppliers - enroll a team now in the annual Prince's Trust Insurance Cup six-a-side competition which will be held at Regent's Park on the 16 September.
US west coast at risk of “mega-quake”
The west coast of North America, the Lesser Antilles, Chile, Sumatra and Japan are all at risk from subduction zone “mega-quakes” in the near future according to Professor Bill McGuire of the Aon Benfield UCL Hazard Research Centre.
Hiscox appoints Bermuda CFO
Hiscox has appointed Krystalle Tobin as CFO for its Bermuda business.
Risk managers urged to consider insurance for M&A deals
There are signs of resurgence in the mergers and acquisitions market after the comparative down-turn in 2008 and 2009, with the number of warranty and indemnity policies written by Chartis Insurance in the UK in 2010 forecast to increase by more than 100…
Total Objects lands London Market project
Insurance software provided Total Objects has been selected to manage the ECF2 Market Acceptance Testing project for the London Market.
XL launches claims service
XL Insurance has launched Exclaim, a claims defensibility advice service developed to help companies manage their liability risks and provide a robust claims management process.
Commercial insurance prices remain level for fifth straight quarter
A fragile global economy, excess capacity in virtually every line of commercial insurance and last year's below-average catastrophic losses combined to keep commercial insurance prices flat during the first quarter of 2010, according to global…
Argent set to open new Leeds hub
Argent Liability Adjusters is set to open a new office in Leeds.
RSA's Devitt to leave UK business
RSA’s sales and strategic relationship director Aaron Devitt is to leave the UK business after taking an internal promotion in Copenhagen.
TPG to acquire Vertafore
Vertafore, a provider of software and services to the insurance industry, has announced that the company is to be acquired by investment funds managed by TPG Capital.
RSA's Devitt to leave UK business
RSA’s sales and strategic relationship director Aaron Devitt is to leave the UK business after taking an internal promotion in Copenhagen.
Axa confirms Hutchins is new property head
Axa Insurance has today confirmed Tony Hutchins has joined as its new head of property insurance.
IGI rebrands to Am Trust Europe
IGI Insurance is to change its name to Am Trust Europe.
Miller unveils Global Service Barometer
Miller Insurance Services has launched a new Global Service Barometer to help risk managers define their broking structure.
CII in academies tie up
The Chartered Insurance Institute has announced its support of Career Academies UK - a national charity that works to raise the aspirations of 16 to 19-year olds, studying a Level 3 qualification.
EMB: Company market lags behind Lloyd's on commercial performance
Commercial property insurance rates are unlikely to rise significantly any time soon despite attempts by some companies to talk up the market, according to an assessment by actuarial consultancy EMB.
PMI providers weigh into IPT debate
Any rise in insurance premium tax will severely hit an NHS already under pressure, according to the Association of Medical Insurance Intermediaries.
Aon lists five earthquke hotspots
Aon Benfield has identified the Caribbean, Cascadia in North America, Chile, Indonesia and Japan as areas where mega-earthquakes of moment magnitude (Mw) 8+ are most likely to occur in the future.
Guy Carpenter launches French flood map
Guy Carpenter has completed the development of a state-of-the-art probabilistic flood model for mainland France.
EMB: Company market lags behind Lloyd's on commercial performance
Commercial property insurance rates are unlikely to rise significantly any time soon despite attempts by some companies to talk up the market, according to an assessment by actuarial consultancy EMB.