News
ACLP flags up Road Transport Directive for brokers
Allianz Cornhill Legal Protection is asking brokers to alert their customers that they could face prosecution if they fail to comply with the provisions of the Road Transport (Working Time) Directive, which becomes law on 23 March.
Fortis sees UK growth
Benelux financial services giant Fortis today reported that the net operating profit at its UK arm had “increased substantially”.
Cooper Gay buys back founder's shares
The Cooper Gay today announced that David Gay, who founded the company with Derek Cooper in 1965, has stepped down as a non-executive director of Cooper Gay. His remaining shares have been bought back by the company.
IAIS strengthens commitment to IASB
The International Association of Insurance Supervisors (IAIS) has announced the formation of a new subcommittee to deal with the increasing set of accounting issues and to strengthen its commitment to continued and improved cooperation with the…
Reinsurers lose RSA challenge
The Court of Appeal in the UK has rejected an argument from a syndicate of reinsurers that Royal & Sun Alliance's failure to notify them about certain lawsuits within 72 hours invalidated indemnification claims under its reinsurance policies for Coca-Cola
Moody’s changes Aon outlook to stable
Moody's Investors Service has affirmed the Baa2 senior debt of Aon Corporation and has changed the outlook to stable from negative.
AM Best ratings unchanged for Aviva
AM Best has announced that the financial strength rating of A+ (Superior) and the issuer credit rating of “aa-” on the rated companies of AVIVA (United Kingdom) remain unaffected following the announcement of the 2004 year results and the acquisition of…
RSA sees broker personal lines volume crash as profit increases
Royal and Sun Alliance today reported that its UK combined ratios had improved in both personal and commercial lines to 98.4% (2003: 103.7) and 93.5 (2003: 95.8) respectively.
TUC applauds new government plans
The Trades Union Congress has welcomed the government's plans aimed at making work more family frien...
Time to test yourself
A selection of questions from various past-CII qualification papers
HSA: best insurance company to work for
Health insurance and benefits provider HSA has been voted the best insurance company to work for, at...
Appointment at Markel International
Markel International has promoted David Jones and David Armes to joint divisional managing directors...
Events
10 March Insurance Institute of London lunchtime lecture - Charity Trustees Liability Lloyd's Old ...
Appointment at Aegis
Aegis Syndicate 1225 has appointed a new underwriting team. David Allen, senior cargo underwriter, a...
DAS looks for new managing director
Legal Expenses Insurer DAS is looking for a new managing director and finance director following Pau...
Wellington to reproduce Folgate model
Wellington Underwriting will seek to diversify its UK book of business in 2005 by replicating its di...
Lloyd's takes hard line in brand push
London Market News
Government reprieve saves industry £225m
Insurers have won an 18-month reprieve before the NHS can recover costs from workplace injuries, pot...
Lloyds TSB sets out software stall
Lloyds TSB Insurance has entered the final phase of its claims re-engineering process, with the tend...
Contractor group seeks industry talks
Building contractors who work on insurance claims have formed an accredited association to bring the...
Brokers to petition EC over VAT plans
Brokers are set to petition the European Commission after it was found they could be liable for addi...
Appointment at Misys
The Misys Countrywide network has made Pauline Palmer and Caroline Wilson business consultants. Ms P...
Drop in underwriting profits
A drop in underwriting profits from $1.72bn (£892.7m) to $1.55bn from its reinsurance and insurance ...
Appointment at Resolution Partners
Resolution Partners has appointed Jon Moon to its team. Mr Moon joins from Jardine Lloyd Thompson wh...