News
CMGL launches new audits and inspection service
Claims Management Group has launched a specialist audits and inspections service.
Cox review sees closures and prospective sale
Lloyd’s motor insurer Cox today reported a £13.7m profit on ordinary activities for the six months ended 30 June, down from £28.3m in 2003. It also announced the reults of a review which will see it discontinue its premium financing arm (Can Do Finance),…
Alexander Forbes makes new acquistion
Alexander Forbes has acquired Channel Islands-based The Shepherd Group of Companies.
Catlin reiterates its commitment to aviation market
London market insurer Catlin has reiterated its commitment to the aviation market following the resi...
IT firm plans Euro expansion
Insurance technology provider Software Solutions Partners has revealed plans to increase turnover fr...
Zurich defends "gimmick" criticism
Zurich has defended its employers' liability cash-back incentive after criticism that customers migh...
Giles targets PI sector
Broker Giles this week announced its first professional indemnity acquisition as it plans to triple ...
Events
20 - 21 September Institute of Risk Management 2004 risk forum Keele University, Staffordshire w...
Gender Bill compromise hits snag
The European Gender Equality Directive reached a stalemate last week that could last for at least th...
Smoking ban may reduce PL premiums
The banning of smoking in pubs can only help reduce public liability premiums, according to an indus...
Marine underwriting warning
Marine hull underwriters are severely underpricing risks, according to Simon Beale, current chairman...
AWAH opens European headquarters
Bermuda-based Allied World Assurance Holdings has opened the European headquarters of its subsidiary...
US broker targets liability sector growth
US broker Crump Insurance Services has announced it is launching a financial lines practice to serve...
Aviva sells Asian GI business
Aviva is selling its general insurance operations in Asia to Mitsui Sumitomo Insurance, for £249m in...
Folgate Partnership confirms negotiations
The Folgate Partnership has confirmed that it is at an advanced stage of negotiations concerning the...
Hiscox plans regional business push
Hiscox is planning to expand its retail network with a "six-figure" marketing campaign to achieve it...
Cobra launches into Lloyd's market
Commercial broking network Cobra has launched into the Lloyd's market by becoming the largest shareh...
Appointment at AIG Europe
AIG Europe (UK) has made Jon Cooper travel manager. He will be based in London and responsible for d...
Appointment at Aspen Insurance
Aspen Insurance has recruited a new aviation insurance team. Headed up by Nick Bonnar, who is respon...
Allianz aims to double broker agency base
Allianz Cornhill this week outlined an all-encompassing commercial lines distribution strategy, prom...
What the papers said this week
The Daily Telegraph Three leading credit ratings agencies have warned that reinsurers will have to ...
Admiral IPO price raises eyebrows
The Admiral Group may have overestimated its value in pricing its shares ahead of its projected list...
Zurich appoints Robert Lindemann
Zurich has appointed Robert Lindemann as president of its North American commercial middle market bu...
Wet August saw increase in road accidents
Rain-related motor accidents have risen sharply this summer after the country experienced the wettes...