News
Professional Mortgage Network joins Select and Protect panel
Select and Protect, provider of household and MPPI cover through financial advisers, has announced a new partnership with Professional Mortgage Network.
Tropical Storm Risk appoints new scientist
Tropical Storm Risk has announced the appointment of Dr Peter Yuen to work on further developments to its Tropical Storm Tracker.
Moody’s downgrades Converium
Moody's Investors Service has announced that it has downgraded the ratings of the various entities of Converium group. The rating action concludes the review process initiated on 20 July 2004.
S&P lowers Converium subsidiary rating
Standard & Poor's (S&P) has lowered its long-term counterparty credit and insurer financial strength ratings on US-based reinsurer Converium Reinsurance (North America) (CRNA) from A- to BB+.
RFIB sees 50% growth
RFIB Group, the international Lloyd’s insurance and reinsurance broker, has recorded a 50% increase in pre-tax profit to £5m (£3.3) for the year ended 31 March on total revenue of £27.1m
New MD at Omni Whittington London market division
Omni Whittington Group has appointed John Halls as the new managing director of Omni Whittington Insurance Services.
Broker Network acquires Scottish broker
Broker Network Holdings has acquired Scottish broker Ewen C Mair and Co.
NIG secures motor deal worth £5m
NIG has secured a £5m book of commercial motor business through Sutton Barnard Insurance Brokers in Surrey.
US broking investigation summons Axis Capital
AXIS Capital Holdings has received a subpoena from the Office of the Attorney General of the State of New York seeking information regarding incentive commission agreements between its insurance companies and insurance brokers.
Aquilo office relocation completed
Aquilo has completed the relocation of its business which provides claims management services to its Accidentcare members from Colindale, North London to Warrington, Lancashire.
Shares plummet as SVB sets aside £103m
SVB Syndicates is expected to record a small operating loss for the first half of the year following a £103m provision for future claims from discontinued operations. However, it added it expected to post a full year operating profit of £43m. Shares in…
Appointment at Max Re Capital
Max Re Capital has appointed Peter Minton to its board of directors. Mr Minton serves as executive v...
A dip in the pool
Hurricane Charley has shown the value of the Florida Hurricane Catastrophe Fund, but it may also prove a timely example of pooled reinsurance as Tria comes up for renewal
Wait and see for global aviation market
An new report by Aon suggests that the aviation market may harden towards the end of the year as exposure keeps increasing
Heath Lambert starts Malaysian venture
Broker Heath Lambert has launched a joint venture in Malaysia. In the past few months, Antah Heath L...
Appointment at Talbot Underwriting
Talbot Underwriting has announced the appointment of Gilles Bonvarlet to the newly created position ...
Industry counts cost of Hurricane Charley
A massive clear-up operation is under way in Florida after the impact of Hurricane Charley
Appointment at XL Capital
XL Capital has appointed Eugene McQuade to its board of directors. Mr McQuade was formerly president...
Boscastle bill could reach millions
Estimates of the damage caused by the devastating flood that ripped through the Cornish village of B...
NAIC head quits
Ernie Csiszar has resigned as president of the National Association of Insurance Commissioners (NAIC...
Appointment at Aon
Aon has announced three new appointments as it bolsters its provision of insurance and risk manageme...
New chair for IUA Committee
The International Underwriting Association (IUA) has appointed a new chairman for its Marine Technic...
PWC survey looks at risk
Financial services companies have pushed risk management further up the corporate agenda and regard ...