News
QBE director departs
International liability drector, Jeremy Fage, has left D A Constable Syndicate 386 and Limit, part of the QBE Group, by mutual agreement.
NU reveals new fraud figures
New calculations reveal that fraud now costs the UK £16bn a year but Britons are still in the dark about the real cost of fraud and its true impact on society.
FSA Dear CEO letter - conflicts of interest
To read the Financial Services Authority's letter sent out earlier this week addressing the issue of conflicts of interest simply click on this link: http://www.fsa.gov.uk/pubs/ceo/conflicts_18nov05.pdf
JLT offers security travel advice
Jardine Lloyd Thompson has launched an insurance package with up to the minute bespoke travel and safety advice. It has been produced after research by travel advice specialist red24 showed an 80% increase in requests for more detailed information about…
Businesses 'failing in flu pandemic preparations'
A new survey from broker Aon reveals businesses see an influenza pandemic as a very real threat to their futures but are doing little to prepare for it. The survey, which follows the recent launch of Aon’s White Paper (Pandemic Influenza: Managing the…
Fairfax takes $112m Wilma hit
Fairfax Financial Holdings Limited, group parent company of OdysseyRe, Crum & Forster, Group Re and Northbridge, has announced that its estimate of aggregate potential net losses relating to Hurricane Wilma is $200m before tax and minority interests, or…
Fortis sees drop in UK motor premium
Fortis Insurance has reported overall gross written premiums for the third quarter 2005 of GBP453m in the UK, an increase of 3 per cent over the same period in 2004 (Q3 GBP442m).
XL to take $830m Q4 loss from Winterthur dispute
XL Capital Ltd has announced that it could receive only $575m net from Winterthur as compensation for adverse developments occurring after its 2001 purchase of the Swiss firm’s International business units.
Omega announces unchanged syndicate forecast
Omega Underwriting has announced an unchanged forecasts for Syndicate 958 for the 2003 and 2004 years of account. The Syndicate’s 2005 account is expected to be profitable
Wellington hammered by hurricane losses
Wellington Underwriting, whose wholly owned subsidiary Wellington Underwriting Agencies manages Syndicate 2020 at Lloyd’s, has released a further update about the extent of losses sustained from hurricanes Katrina, Rita and Wilma in 2005.
Managers frustrated by lack of support
Senior insurance managers are confident in their own abilities but frustrated by hurdles that stop d...
FSSC and FSA unite to develop standards
The Financial Services Skills Council has revealed that it plans to work with the Financial Services...
IFS launches risk diploma
The Institute of Financial Services has launched a new applied diploma in Risk and Insurance Managem...
Cass makes Aon director a visiting professor
Cass Business School has appointed Aon's Alan Punter as a visiting professor for insurance and risk ...
Time to test yourself
A selection of questions from various past-CII qualification papers
Appointment at HCC Diversified Financial Products
HCC Diversified Financial Products has appointed Julia Grant as an underwriter from Alexander Forbes...
Appointment at Corpore
Michael McKenna has joined injury management and vocational rehabilitation specialist Corpore as an ...
AIM firm to open new claims arm
AIM-listed claims management company Aquilo is set to boost its push into the property market with a...
New build
NFU Mutual has formally opened its new training academy to provide courses for its 5000 staff and ag...
Appointment at Vision Underwriting
Vision Underwriting has made Cefyn James senior financial lines underwriter. With almost 20 years' s...
Appointment at Barlow Lyde and Gilbert
Barloe Lyde and Gilbert has appointed two new members to its reinsurance and international risk team...
A report into claims advertising due next year
A report of the joint government and Advertising Standards Authority investigation into claims adver...
What the papers said this week
Daily Mail Nearly a million Standard Life members are at risk of missing out on windfalls, by faili...
Appointment at Audatex
Audatex has made Lance Condon southern area sales manager. He joins from Glass's, where he was respo...