News
Rating agency voices concern over Lloyd's transparency
The level of disclosure prescribed under Lloyd's much-maligned previous accounting and reporting regime is considered superior to that mandated under the Companies Act and generally accepted accounting principles, according to Standard and Poor's. These…
RGA unveils Triple X securisation
Reinsurance Group of America has announced that its subsidiary Timberlake Financial has completed an offering of $850m of 30-year notes.
Swiss Re completes FPK sale
Swiss Re has completed the sale of its wholly owned subsidiary Fox-Pitt, Kelton (FPK) to an investor group led by J.C. Flowers and by FPK management. Swiss Re will hold a minority interest in the new company.
Agency praised for its team work
Medico-legal agency UK Independent Medical has been given the Investor in People award. The North-e...
"Nightmare" Act spells trouble for small firms
The Federation of Small Businesses has called the new Work and Families Act "impractical", urging th...
Winners and losers: Post Magazine's monthly round-up of job cuts and gains
WINNERS Fortis Insurance is set to recruit more than 250 employees in Gloucester after getting the ...
Skill gaps targeted to raise productivity
Lilley Information Systems is offering training sessions to financial services companies in order to...
What the papers said this week
The Scotsman Newcastle United chairman Freddy Shepherd has handed the fight for compensation follow...
Events
30 June FSSC - Skills Bill employer forum, insurance (retail) sector London E-mail: frances....
Questgates' UK tie-up ended
McLarens Young International's UK expansion ambitions have resulted in the adjuster severing ties wi...
Reversal of ruling praised by lawyers
The government's action to reverse last month's House of Lords ruling in Barker v Corus has been pra...
Appointment at Miller Insurance Services
Rupert Cutler, who previously worked for Glencairn, has been recruited by Miller Insurance Services ...
Authority's effectiveness to be tested
The government has announced a wholesale audit on how effective the Financial Services Authority has...
Axa offers an eco-premium pledge
Axa is considering rewarding environmentally aware corporate policyholders with lower premiums, Post...
World Trade Center developer sues insurers
World Trade Center developer Larry Silverstein and the Port Authority of New York and New Jersey are...
Clyde and Co opens offices in New York and Los Angeles
Law firm Clyde and Co has opened offices in New York and Los Angeles. Diane Westwood Wilson, Christo...
Appointment at BCWA
Health insurer BCWA has recruited Trevor Gaze as a senior consultant broker. Joining from Clinicare,...
UKI Partnerships makes 100 staff redundant
Royal Bank of Scotland Insurance's subsidiary UKI Partnerships has made approximately 100 staff redu...
Post Magazine journalists rewarded at broker do
The British Insurance Brokers' Association's 24th Journalist of the Year Awards saw Post Magazine an...
Broker Willis launches the Wallis Quality Index
Broker Willis is launching the Willis Quality Index, an initiative to benchmark insurance carriers f...
Broker to double its size in national push
Yorkshire-based broker The Insurance Partnership is looking to double its staff in order to fulfil i...
Axa looks to build on its latest buy
Newly-enlarged insurer Axa declared it was on track to meet its ambitious 2012 goals as it assembled...
Appointment at Goodhealth
Goodhealth has added to its management team with the appointment of Lisa Rowe and Nettie Keep as Eur...
AIM firm buys £11m business
AIM-listed claims management company Aquilo has bought an £11m supply chain business, IT Solutions. ...