News
Outsourcing 'still a learning curve'
Tony Boorman, the Principal Insurance Ombudsman, has said that there are still questions about wheth...
Insurer Arch establishes marine underwriting division
Insurer Arch has announced the establishment of a marine underwriting division. William Beveridge wi...
Quest Gates recruits Brian Cosgrave
Quest Gates has recruited Brian Cosgrave, the founder of specialist PI adjuster Adjustability. Mr Co...
MIB promises Berkshire rail crash payouts
The Motor Insurers' Bureau confirmed that it will be meeting in full all personal injury claims subm...
Cooper Gay splits its business into two divisions
Reinsurance broker Cooper Gay has split its business into two divisions, retail client service and w...
Appointment at Robin Simon
James McKay has joined the Birmingham office of Robin Simon as a trainee solicitor. Mr McKay joins f...
Claims model challenged
A government initiative to centralise claims processing and cut legal costs in Ireland could face a ...
Liability model 'inadequate for D&O'
Directors' and officers' insurance is "fundamentally misunderstood" by risk managers and policyholde...
Appointment at Fusion Insurance
Fusion Insurance has recruited Andrew Fleming, Paul Lee and Scott Brown to its senior business devel...
Atradius axe falls on 110
Credit Insurer Atradius is axing 110 (20%) of its UK staff over the next two years as part of group-...
Appointment at ISS Damage Control
Disaster recovery specialist ISS Damage Control has made Allan Jones project manager. Mr Jones bring...
Oxygen recruits trio from Faraday
London market broking start-up Oxygen has hired three executives from chief executive officer Nigel ...
Appointment at Combined Insurance
Combined Insurance has recruited Tim Thirlway to the role of senior market research executive. He pr...
Illium Syndicate 4040 launches dedicated underwriting operation
Specialist Lloyd's liability writer Illium Syndicate 4040 is launching a dedicated underwriting oper...
RIMS gives account of Spitzer actions
The Risk and Insurance Management Society has made a statement, claiming it has taken an active role with US federal, state, and regulatory officials to respond to the contingency fee issue on behalf of its members.
Apil calls for safety culture
Thousands of needless injuries and countless deaths could be avoided if the UK were to adopt a proper safety culture, the Association of Personal Injury Lawyers told MPs at a House of Commons reception yesterday.
Aon report highlights terrorist threat to oil and gas industries
The oil and gas industry should remain constantly alert against the threat of terrorist attack, according to a new report released by Aon. Oil and gas installations, including pipelines, terminals and distribution systems, are a very popular terrorist…
Spitzer confirms governorship bid
New York Attorney General Eliot Spitzer has confirmed that he is standing in the race for the governorship of New York State in 2006.
Industrial Risk Insurers slams WTC verdict
Industrial Risk Insurers is convinced that the attack on the World Trade Center was a single occurrence.
Helphire achieves 131% profit rise
Helphire Group have announced interim results for the half-year ended 30 September 2004.
Moody’s upgrades Scor
Moody's has announced that it has upgraded Scor's Insurance Financial Strength Rating (IFSR) to Baa2 from Baa3, Senior Debt to Baa3 from Ba2, and Subordinated Debt to Ba2 from Ba3. All ratings have a positive outlook.
Atrium expecting 2005 profit
Atrium Underwriting today announced its 2002 and 2003 account forecasts for its Syndicates 570 and 609.
Second WTC trial jury rules for Silverstein
A jury has declared that the attacks that destroyed the World Trade Center (WTC) were two separate events, doubling to $2.2bn the damages leaseholder Larry Silverstein can collect from insurers.
Spitzer tipped to run for governor of New York
Eliot Spitzer, the New York Attorney General who has thrown the insurance industry into turmoil following his accusations of bid rigging and market abuse, is expected to announce this candidacy for governor of New York in 2005, according to the New York…