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Catlin reaffirms its reserves

Lloyd's insurer Catlin has insisted that it is adequately reserved to handle future severe weather e...

Gay steps down

Broker Cooper Gay has announced that David Gay, who founded the company with Derek Cooper in 1965, s...

Chain reaction

Loss assessors are often left out of the claims process, with each link in the chain pulling against each other. Chris Ray argues this helps no one, least of all the consumer

Budget 2005: ABI response

Peter Vipond, Association of British Insurers' director of financial regulation and taxation said: “The Government is right to freeze Insurance Premium Tax. This is entirely justified by the fact that the Government took £2.4bn for the current tax year,…

Cox reaches agreement which may lead to potential sale

Lloyd’s motor insurance specialist Cox today announced that it has reached provisional agreement with Duke Street Capital V Limited, Englefield Capital LLP and former CEO Neil Utley to buy the company. The deal would value each Cox share at 94p, with…

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