News
Harvey World Travel appoints Europ Assistance
Europ Assistance has been appointed by Harvey World Travel to provide its travel insurance, after a ...
Appointment at Unum Provident
Unum Provident has appointed two new directors. Phil Evans has joined as director of management serv...
Heath Lambert announces deal
Heath Lambert Insurance Services has announced a deal with building society Kent Reliance to provide...
Lloyds TSB seeks six
Lloyds TSB Insurance has said it is seeking "half a dozen" corporate partnership deals. It follows i...
Sign of the times
A complete set of Lord Nelson's seven signatures marking key stages in his life will be on display f...
NU reports more cuts
Norwich Union is to axe 385 jobs in its latest round of cuts, following its takeover of RAC. Its Le...
L&G reveals GI profit slump
Legal and General this week revealed that its general insurance profits slump could force rates to r...
Oval announces plans for six more acquisitions
Broker consolidator Oval said it was two years ahead of schedule after announcing a dramatic rise in...
Dental Defence Union to lobby over insurance
The Dental Defence Union is set to lobby the General Dental Council, to encourage it to favour insur...
The Health for Industry rebrands
Primary subsidiary The Health for Industry, a group of independent employee benefits and financial s...
Identifying whiplash neck injuries
The Association of British Insurers claims new research will help insurers more quickly identify pat...
Appointment at Lanes for Drains
Cris Bellamy has joined Lanes for Drains. Mr Bellamy will have operational responsibility for Lanes ...
Appointment at Glencairn
Glencairn has appointed Mark Palmer and Gary Tyler to the specialist risk division. Mr Palmer has be...
Novae wins Towergate account
The Towergate Partnership has appointed Novae Underwriting to supply a web-based delivery system to aid consolidation of its wholesale SME professional indemnity business.
Malacca Strait nations address pirate concerns
Nations straddling the Malacca Strait have urged insurers to reconsider their "war-risk" rating on one of the world's busiest waterways, citing efforts to beef up security in those pirate-infested waters. Foreign ministers from Indonesia, Malaysia and…
PwC hires four for forensics practice
PricewaterhouseCoopers has expanded its forensic services practice with the appointment of four new partners across the UK.
Markel reports income rising
Markel Corporation reported net income for the six months ended June 30, 2005 of $13.42 (£7.55) per diluted share compared to $10.04 per diluted share in 2004.
Appointment at Navigant New York
Paul Braithwaite, has joined the New York office of Navigant Consulting, as a managing director in the financial services practice. Braithwaite will lead the company’s growing actuarial consulting services team.
MMC results show post-Spitzer damage
Marsh & McLennan second quarter and first half results for 2005 have shown a sharp fall in profits for the company as it struggles in the wake of the fallout from the Spitzer inquiry.
HBOS GI sees 100% internet growth
HBOS General Insurance has seen premium income increase by 12% to £941m in the first half of 2005, compared to the corresponding period. Profit before tax increased by 20% to £233m.
Marsh woes continue
Broker Marsh’s parent company, Marsh and McLennan, revealed second quarter profits plummeted to $166m (£93.7m) from $389m for the same period last year.
Quinn-Direct profits top £61m
Quinn-Direct Insurance, the Irish insurer, today announced that it made a pre-tax profit of £61m in the six-month period to the end of June 2005, an increase of 29% over the first half of 2004.
Claims farmers slammed over London bombs
Thousands of people affected by the 7 July London bombings are at risk of being taken for a ride by ambulance-chasing claims companies, it has emerged.
Marsh announces Cherkasky pay deal
Marsh & McLennan has said it will pay chief executive Michael Cherkasky at least $3.5m in salary and bonus for 2005 under a new three-year employment contract.