News
Foreign profits taxation changes could lead to uncertainty for some insurers - E&Y
The exemption of the foreign dividend income tax changes announced in this week's Pre Budget Report (PBR) will impact many insurance groups carrying out business in the UK, according to Ernst & Young. And this could lead to uncertainty for year end…
New piracy policy from Aon aims to fill market gap
Aon has written a new policy for charterers, ship-owners and cargo owners to cover loss of earnings from piracy. The insurer sais the recent increase in pirate attacks has revealed a gap in the available coverage for this market.
UK insurance buyers agree reservation rights position with insurers
UK risk management body Airmic has agreed a Statement of Principles in relation to reservation of rights following talks with its insurer partners.
New London market broker body launch
The London and International Insurance Brokers Association is launching on 1 January following a unanimous vote by London market brokers at a meeting today.
Bank of England cuts its interest rate to 2%
The Bank of England has today cut its interest rate from 3% to 2%.
AIG UK promotes four
Chris Waterman is rejoining AIG UK within the energy division as chief operating officer.
Investor ups stake in Cooper Gay to 32.12%
Cooper Gay today announced that MDS, SGPS, SA a subsidiary of the Portugese corporation Sonae SGPS, has increased its investment and shareholding in the company from 13.68% to 32.12%.
Guy Carpenter recognised for Asian impact
Guy Carpenter was named Reinsurance Broker of the Year at the Asia Insurance Review's 2008 Asia Insurance Industry Awards presented in Hong Kong last week.
Aon targets pirate activity
Aon has launched a new insurance policy for charterers, shipowners and cargo owners to cover loss of earnings from a ship being detained by pirates, the company announced today.
Ansvar looks for growth with new manager
Ansvar have appointed Marcus Booth as its new underwriting manager.
Quinn Insurance to boost workforce by 350
Reports in the Irish media this morning claim Quinn Insurance is set to anounce the creation of 350 jobs today.
Manchester scoops award
Glen Manchester, chief executive officer of enterprise communications provider Thunderhead, has won ...
Law firm moves to help reduce staff sickness
Personal injury law firm Kingslegal is aiming to keep its staff fit this winter by administering a v...
IRM launches online training courses for 2009
The Institute of Risk Management is offering a series of specialist courses on risk management. The...
Crawford first to trial CII's new SII programme
Crawford & Company has become the first company to pilot the Chartered Insurance Institute's service...
Jones steps in at Everest Re
Everest Re Group has appointed Ralph Jones III to the position of president and COO, effective next Monday. He replaces Thomas Gallagher who becomes vice-chairman and chief underwriting officer.
Appointment at Liberty
Liberty Mutual Insurance Europe, part of Liberty International, has recruited Didier Robin as vice-p...
More job losses at Allianz
Allianz has announced its second tranche of redundancies in 2008 as part of its changing personal li...
Online policies prove popular
More than three quarters (76%) of consumers intend to buy their next home and motor policies online ...
Questgates property launch
Questgates has launched a new dedicated third-party property damage service after identifying what i...
GB flood map launched
AIR Worldwide Corporation has launched an inland flood model for Great Britain. It hopes the probabi...
Dodd leaves Acturis after just 12 months
Mike Dodd has left Acturis 12 months after joining from competitor SSP. In a brief statement, Act...
Former GAB exec returns to adjusting
Loss adjuster MYI has appointed UK Underwriting's former head of claims David Gillan as an executive...
Law assist rolls out product
Law Assist, a subsidiary of DAS Legal Expenses Insurance, has enhanced its product range with the ad...