News
AI expects to beat forecast with results
Credit hire operator AI Claims Solutions today said it expects turnover, profit before tax and earning per share for the financial year ending 30 June 2010, to be ahead of market forecasts.
CEO Utley out at IAG UK
Insurance Australia Group has announced today that Ian Foy, currently CEO of IAG’s New Zealand business, will return to the United Kingdom to become CEO of IAG’s UK business, succeeding Neil Utley.
Allianz backs “positive” Jackson Review consultation
Insurer Allianz has backed the government’s consultation on implementing sections of Lord Justice Jackson’s Review of Civil Litigation Costs.
CEA voices concerns over Neal Bill
The CEA has submitted a written statement to the US House of Representatives Subcommittee to express its concerns over proposals to change the US tax treatment of reinsurance between affiliated entities
CEA voices concerns over Neal Bill
The CEA has submitted a written statement to the US House of Representatives Subcommittee to express its concerns over proposals to change the US tax treatment of reinsurance between affiliated entities
Insurers are rightly concerned about new regulatory framework
This is according to Paul Edmondson of law firm CMS Cameron McKenna, speaking about the Treasury Consultation Paper on the new financial regulatory framework announced today.
New financial regulation "will benefit all"
The Association of British Insurers' director of financial regulation and taxation, Peter Vipond, has spoken out in response to today’s Treasury consultation.
Amlin appoints former Aon director to broker role
Amlin has appointed Patrick McMillen as business development and broker relationship manager.
Master of the Rolls welcomes Jackson review plans
Master of the Rolls Lord Neuberger has backed the government’s decision to launch a consultation aimed at implementing the recommendations of Lord Justice Jackson’s Review of Civil Litigation Costs.
Autoglass names new MD
Autoglass has appointed Matthew Mycock as its new managing director.
Heath Lambert raids Aon for PFI specialist
Heath Lambert has added former Aon PFI special purpose specialist Stephanie Ottey to its PFI advisory team.
Government outlines Jackson Review implementation plans
The government is set to launch a consultation on implementing the recommendations laid out in Lord Justice Jackson’s Review of Civil Litigation Costs.
Autoglass names new MD
Autoglass has appointed Matthew Mycock as its new managing director.
Quadra appoints senior adjuster
Quadra Claims Services has named former Carr Greenwood Smith employee Iain Johnston as a senior adjuster.
Government calls for higher lending
Vince Cable and George Osborne have launched a paper aimed at addressing the problems businesses face accessing finance.
Sterling in broker survey boost
Sterling Insurance has welcomed positive feedback from brokers on its claims service and Executive Business product, as the insurer published results from its annual online broker survey.
THIG hires account manager
Stephen White has joined the SME account management team at specialist private medical insurance broker The Health Insurance Group, as an account manager.
Public interest must not be lost in pace of reform, warns CII
The Chartered Insurance Institute has responded to the government's consultative blueprint to withdraw the financial services regulatory structure.
FSA overhaul pencilled for Q1 2011
The Financial Services Authority expects to move to separate conduct and prudential regulation in shadow form in the first quarter of next year.
Bonnie causes minimal damage but disrupts spill clean-up
Tropical Storm Bonnie, the second named storm of the Atlantic hurricane season, degenerated into a remnant low over the weekend after clipping southern Florida.
Argo expands D&O team
Argo International has expanded its directors' and officers' team with the appointment of Rita Mistry and Anthony Hope.
Marsh lines up Lord Lang as next independent chairman
Marsh & McLennan Companies' board has announced that Ian Lang, Lord Lang of Monkton, will succeed Stephen Hardis as independent chairman of the MMC board of directors.
Bridle acquires Southampton Insurance Services
Bridle Insurance has completed the acquisition of Southampton Insurance Services for a six figure sum.
Guy Carpenter files suit against Lockton Re after client defections
Guy Carpenter has filed a suit in a bid to recoup brokerage fees after clients followed an employee to Lockton Re.