News
Equitas results show strengthened reserves
Equitas, which was set up to reinsure and run off the 1992 and prior years’ non-life liabilities of Lloyd’s of London syndicates, has announced its financial resultsfor the year ended 31 March 2004.
Time for action on climate change says ABI
Action to manage climate change risks can help ensure that widespread insurance cover remains readily available according to a report published today by the Association of British Insurers.
Mango awarded pricing prize
Don Mango, vice president of research & development at GE's Employers ReinsuranceCorporation (ERC), has been awarded the 2004 Charles A. Hachemeister Prize by the Casualty Actuarial Society (CAS) for his paper on reinsurance pricing. The announcement of…
ABI/CILA claims protocol launched
The Association of British Insurers/Chartered Institute of Loss Adjusters joint claims protocol has finally been launched, having been given its first public airing at last week's Post Magazine Claims Club meeting.
Aon Travel wins internet broking contract
Aon Travel has won the travel insurance broking business of online insurance provider Essential Travel.
S&P affirms Axis rankings
Standard & Poor's (S&P) has affirmed its 'A' counterparty credit and financial strength ratings on Axis Specialty and its 'A' financial strength ratings on Axis Specialty Europe, Axis Specialty Insurance, Axis Reinsurance, and Axis Surplus Insurance…
RSA issues stress warning
Following its industry seminar for UK risk managers and brokers on 'Understanding and Managing Stress in the Workplace', Royal & Sun Alliance has warned British businesses that ignoring the increasing trend in workplace stress claims would be at their…
Heath Lambert to cut jobs in London move
Heath Lambert is to move part of its risk processing operation from Swindon to its London headquarters.
Arch set to begin UK commercial underwriting
Arch Insurance Europe has announced it will begin underwriting commercial business in the UK this week.
Benfield adds to aviation team
Benfield today announced the appointment of Chris Cook to its aviation insurance team.
Broker consolidator recruits travel head
Broker Oval has appointed Richard Wigmore as director of its personal accident and travel division.
Cooper Gay opens Alabama office
Cooper Gay Group has opened a new office in Birmingham, Alabama, to complement an already existing wholesale insurance network in North America.
Negative outlook for Zurich Specialities London
Standard and Poor’s has given Zurich Specialities London a negative outlook despite an overall operating profit.
Path to Success: Business Development Director
Sarah Lyons from Halifax Insurance Ireland talks about her career to date
Dramatic rise in absence figures
Workplace absence has increased for the first time in five years, according to a recent report. A s...
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Young star quits Allianz
Mansion House Executive this week appointed former British Insurance Awards young achiever of the ye...
Hannover Re AGM approves 2003 figures
Hannover Re’s annual general meeting (AGM) has confirmed that 2003 was a good year for the company.
Lancaster Insurance appoints InsurE-com's Dan Francis
InsurE-com today announced that business development director Dan Francis is to leave the company at the end of June to take up the same role at broker Lancaster Insurance Services.
FSSC appoints Teresa Sayers to FSSC chief role
Teresa Sayers has been appointed as chief executive of the Financial Services Skills Council, which was recently awarded its licence by the government.
FSA announces registration update
The Financial Services Authority today reported that by the end of 31 May, it had received 17 586 registrations from the mortgage and general insurance sectors to obtain an application pack and 10 515 applications for authorisation.
Brokers warned against a price war
Brokers should focus on a service that meets the needs of their customers, as opposed to competing on price, according to Singer & Friedlander Insurance Finance.
Eversheds to manage Focus Wickes' claims
DIY retailer Focus Wickes has appointed European law firm Eversheds as its sole claims management adviser to cover employers' and public liability and property recovery work.
FSA bans for CEO over non disclosure of reinsurance agreement
The Financial Services Authority has concluded that Christopher Headdon, the former appointed actuary and then chief executive of Equitable Life, is not fit and proper to hold a significant management role at a regulated firm and has banned him from…