News
Co-op promises profit share to all members
The Co-operative Group has unveiled plans to bring a new identity to over 3,000 high street and village outlets and return to its roots by giving its customer members a share of profits across its entire family of businesses for the first time.
Premium finance provider rebrands
Premium finance specialist Singer & Friedlander Insurance Finance is to re-launch today under the new name of Kaupthing Singer & Friedlander Premium Finance. The move follows the purchase of Singer & Friedlander Group plc in July last year by major…
Wellington launches US marine reinsurance business
Wellington Underwriting Inc. the US underwriting agency of Wellington Underwriting has launched a marine reinsurance business.
Hardy makes play to buy out Names
Hardy Underwriting has applied to the Council of Lloyd's for consent to make a minority buy-out the third party capacity currently remaining on Syndicate 382.
Allianz Cornhill supports CII talent drive
Allianz Cornhill has produced a new media information pack aimed at consumer press designed to provide a taste of the career opportunities offered by the insurance industry.
New marketing boss at Axa UK
Olivier Mariée is joining Axa UK on September 1 in the newly created role of group marketing director reporting directly to the chief executive of AXA UK, Nicolas Moreau. He also becomes a member of the Axa UK executive committee.
Advent first half shapes up well
Advent Capital the specialist Lloyd’s insurer, has reported conditions in its principal lines of business are among the best experienced by the company, with profit before tax up £7.6m to £10.1m for the first half of 2006.
Employment tribunal claims rising says DAS
Sharp rises in employment tribunal claims are revealed in the latest official figures, but worse is to come, according to legal expenses insurer DAS.
SKULD merger plans prompt S&P rating probe
Standard & Poor's Ratings Services (S&P) has revised its outlook to stable from positive on Norway-based marine mutual insurer Assuranceforeningen SKULD (Gjensidig), and affirmed its 'BBB+' long-term counterparty credit and insurer financial strength…
Hiscox launches management liability cover
Hiscox Insurance Company has launched a management liability policy developed to cover the liabilities of UK companies, their directors and employees.
Solicitors anxious about proposed regulations
Solicitors have serious reservations about the new regulatory framework for the legal profession proposed in the government’s draft Legal Services Bill.
Groupama appoints partnership and affinity manager
Groupama has appointed Jeff Dunn, as its partnerships new business and strategy manager. He will report to Derek Findlayson, manager of UK business development.
US P&C market sees Q1 improvement, claims Swiss Re
The US property & casualty insurance industry’s underwriting performance in 1Q 06 improved over 1Q 05 while reported investment results were down, according to a new report by Swiss Re.
Sacked D&G clerk convicted of e-mail attack
A former employee of insurer Domestic & General who took exception to being dismissed from his company and bombarded his former employer with five million e-mails was sentenced to a two-month curfew yesterday, in a landmark case.
TCF: more than box-ticking
The theme for the next Treating Customers Fairly masterclass, which is run by the Institute of Finan...
Time to test yourself: A selection of questions from various past-CII qualification papers
Whether studying for Chartered Insurance Institute exams or just to test yourself, see how you do. ...
Job adverts fail on benefits
Only one in every four job advertisements makes reference to employee benefits, despite their power ...
Agent of the month goes to Nationwide
Bryan Guy, sales agent at the newly opened Nationwide Personal Finance Division in Wakefield, has be...
Unanimous winner for AILO award
The Association of International Life Offices has announced the winner of this year's James Ball Mem...
Time to get client money right – FSA visiting firms across the UK to look for improvements
The Financial Services Authority (FSA) will be visiting 200 firms across the UK that hold client money to see if there has been an improvement since it published the findings of its first round of client money work in April this year. It will be visiting…
Workplace fatalities on the decline
A fall in the number of fatal injuries in the workplace has been applauded as a result of greater he...
Appointment at Bennetts
Bennetts has strengthened its senior management team with three appointments. Janet Eagle-Smith, pre...
Events
12 September - Stress at Work Summit, The Law Society's Hall, London, www.symposium-events.co.uk - ...
Hiscox's forecasts
Hiscox's forecasts for Syndicate 33 have remained unchanged for estimates on the 2004 and 2005 years...