News
Plum signs back-office deal with Plus One
Plum Underwriting has signed up for back-office services from Hood Group subsidiary Plus One Services to free up staff and improve service to brokers.
Government must listen to dying workers, says Apil
A concession in the Legal Aid, Sentencing and Punishment of Offenders Bill must amount to more than "government lip-service", lawyers have warned.
JLT expects to make financial progress in 2012
Broker JLT told shareholders today that the company remains well placed to make financial progress in 2012, despite the uncertain economic outlook.
JLT confirms positive start to the year
Broker Jardine Lloyd Thompson has issued a trading statement saying it has made a positive start to the year and that overall trading performance is in line with expectations.
Law report: Medical evidence crucial when determining causation and quantum in personal injuries suit
This law report has been contributed by national law firm Berrymans Lace Mawer.
Law report: Vicarious liability at centre of sex abuse case against carers
This law report has been contributed by national law firm Berrymans Lace Mawer.
Law report: Council recovers its building costs
This law report has been contributed by national law firm Berrymans Lace Mawer.
IT systems make Asian acquisitions an attractive option for insurers
Flexible and efficient IT systems are essential for insurers aiming to bolster Asian operations through acquisitions, according to IT consultancy Northdoor.
Antares names Mark Graham as COO
Lloyd's insurer Antares has appointed Mark Graham, pictured, to the newly created role of chief operating officer.
Jubilee recruits McGonigle in affinity bid
Specialist Lloyd's insurer Jubilee has appointed John McGonigle, pictured, as head of affinity and special risks in a shake-up to boost its affinity business.
Willis appoints new MD for Asia Global Solutions
Global broker Willis Group has appointed a new managing director and divisional director for its Asia Global Solutions (International) team.
Zurich to cut 342 jobs in personal lines restructuring
General insurer Zurich plans to cut 342 jobs at five of its UK offices by the end of 2014.
Barclays sets aside £300m more for PPI
Barclays Bank has announced an interim statutory loss before tax of £475m (2011: £1,655m profit), including an additional provision of £300m for payment protection insurance redress.
Hodges hints Towergate readying to float
Towergate has said that, if its "positive" operating earnings continue to grow, it will hold the company in good stead if it decides to float the business.
Canopius in US tie-up for Omega buy
Canopius has said its takeover of Omega will be funded partly by issuing new shares representing a 30% increase in shareholders' equity and a deal with US insurer Tower Group.
'Encouraging' Aspen Q1 results affected by Costa Concordia
Aspen has reported Q1 net income after tax of $78.7m (£48.6m), leading chief executive Chris O'Kane to describe his firm's early results as "encouraging" despite insurance results being affected by the sinking of the Costa Concordia.
BHSF surplus slashed by economic woes
Birmingham-based health insurer BHSF has reported premium income growth of 1.6%, but a sharp fall in surplus before tax to £1,038m compared with £3,465m for the previous year.
Engineering 'holds the key' to whiplash, says Thatcham
Thatcham Research reiterated its approach to the UK's whiplash "epidemic" at the Lyons Davidson International Whiplash Conference in Bristol.
Towergate results flat but Hodges happy
Towergate has claimed that its full year results for 2011 in line with 2010 was "a positive achievement in a year which was a challenging market for the insurance sector".
Englehardt happy with 'good start' as Admiral turnover increases
Admiral chief executive Henry Englehardt says his full year expectations remain on track following a first quarter which yielded a 9% increase in group turnover from £539m in Q1 2011 to £586m.
Canopius swallows Omega for £164m
Omega bosses have agreed to a takeover by Canopius and will recommend the 67p a share cash offer in a deal worth £163.6m.
Claims Club News: RSA looks to improve retention levels among ‘Generation Y’
RSA has increased investment in motor e-claims to improve retention levels among Generation Y customers.
Claims Club News: Savill suggests light-touch approach to portal system
The insurance and claimant industries should consider a light-touch approach to improve the Road Traffic Accident Portal system, according to Lyons Davidson managing director Mark Savill.
Claims Club News: 92% of underwriting fraud matches go undetected
The Insurance Fraud Register reveals that current industry controls fail to uncover the vast majority of underwriting fraud matches.