News
Fraud Focus
A recent Financial Services Authority report highlights industry fraud concerns, says Jamie Taylor
Appointment at Call 24-7
Claims management company Call 24-7 has appointed Andrew Hindmarch as group finance director. He joi...
Equitas agrees £45.5m to settle American Standard Lloyd's claims
Equitas has reached agreement with American Standard Companies to settle all its claims against unde...
Barclays banks on NU
News Analysis
Appointment at Coface
Jon Lindsay has joined Coface as managing director of its UK and Ireland businesses. He was previous...
Appointment at Firebond
Liam Jolly has joined specialist broker Firebond's Cambridge office as account executive, where he w...
Making risk safer
News Comment
First Assist deal held up by RSA legacy problems
Delays in replacing outdated IT systems have forced the postponement of health specialist First Assi...
Motorists believe they have 'grace period'
Millions of UK motorists are driving around uninsured as they continue to believe they have a 14-day...
Lords find in favour of MDU
The Medical Defence Union has expressed relief that the House of Lords has ruled in its favour in a ...
Price hike fears over dyslexia
The Association of British Insurers has dismissed research that claims dyslexia can slow drivers' re...
Burrows out, Martin in at Zurich UK
Zurich Commercial managing director Peter Burrows handed in his resignation last week as the insurer...
What the papers said this week
The Sunday Times Ryanair has come under fire for introducing a change to its internet booking proce...
Prettejohn: FSA Conduct of Business must change
Nick Prettejohn has demanded that the regulator "change its Conduct of Business regime" to deal effe...
Appointment at Multiassistance
James Grant has been appointed as managing director of Multiassistance. He joined the company as hea...
Aon income stable despite contingent commission dip
Aon's contingent commission income reduced from $46m to $11m in the last quarter of 2004, against the same period in 2003. In its end of year results, the broking group reported profits from its continuing operations increased to $685 million from $676…
Smart and Cook in acquisition boost
Smart and Cook has added to its acquisition team with the appointment of Dave Ball as integration director.
Noonan acting CEO of United America Indemnity
US P&C insurer United America Indemnity, has announced that its Board of Directors has appointed fellow Board Member and former Audit Committee Chairman Edward J. Noonan as acting chief executive.
Aon signs Gecalux deal
Aon Corporation has announced that it has entered into an agreement with Le Foyer and Kredietbank to transfer the business of Gecalux Luxembourg, Gecalux Switzerland and Gecasuisse.
Partner Re reports increased earnings for Q4 2004
PartnerRe has reported net income of $143.7m for the fourth quarter of 2004. This net income includes net after-tax realized gains on investments of $16.1m. Net income for the fourth quarter of 2003, including net after-tax realized gains on investments…
Five firms defaulted by FSCS
The Financial Services Compensation Scheme has declared five firms in default and is inviting customers to make claims.
Moody’s downbeat over German life industry
The overall rating outlook for the German life insurance industry remains negative due to ongoing earnings pressure and a series of strategic challenges, according to Moody's Investors Service in its new Industry Outlook on the sector.
Advent syndicate 780 faces possible downgrade from Moody’s
Moody's Investors Service has placed the B Average, negative outlook, performance rating of syndicate 780, Advent Underwriting Agency, on review for possible downgrade in light of concerns over future capital support for the syndicate.
AM Best puts GE Frankona under review
AM Best has placed the financial strength ratings of A (Excellent) of the operating companies of GE Frankona Group under review with negative implications.