News
Appointment at Domestic and General
The board of the Domestic and General Group has appointed Alan McWalter as independent non-executive...
Appointment at Select & Protect
Household insurance provider Select & Protect has made Gavin Dobson marketing assistant. He was prev...
Aborted Highway deal raises Cox questions
Cox Insurance chairman Peter Owen has blamed the abortive merger of his firm with insurer Highway on...
Junction is still looking for tenders
Affinity specialist Junction has rejected claims it is no longer able to tender for business and tha...
Appointment at Berryman Shacklock
The corporate team at Nottingham law firm Berryman Shacklock has appointed e-commerce and commercial...
SVB hires Jonathan Boyns as group claims director
Lloyd's insurer SVB has hired Jonathan Boyns as group claims director with responsibility for claims...
Appointment at Charles Russell
Partner Antoine West has joined Charles Russell's insurance and reinsurance practice. He specialises...
New business rises for Aviva
Aviva said its profit margin climbed in the first quarter as new business rose 1% on improving sales in the UK and continental Europe.
FSCS declares insurance brokers in default
The Financial Services Compensation Scheme has today declared 20 firms in default, including a number of insurance brokers.
Brit announces dividends on shares
Brit Insurance Holdings has announced that it has declared a first interim dividend for 2004 of 2p per ordinary share.
Moore tops RAA elections
Scott Moore, president and chief executive officer of PartnerRe, has been elected chair of the Reinsurance Association of America (RAA) by association members.
British firms warned over EU imports
European Union harmonisation could leave British importers liable if products sourced from joining countries do not comply with EU legislation, according to a survey by EuroChambres.
Lloyd's Names' profits attributed to low 02/03 claims forecast
The Association of Lloyd's Members‘ Lloyd’s Results Summary’ has forecasts that individual members of Lloyd’s - Names - may make pure year profits of 20% of capacity in each of 2002 and 2003 - significantly greater than Lloyd’s average.
AA warns of stealth tax for motor insurance
The AA has warned that government proposals to charge drivers every time the Fire Service attends road traffic accidents could bump up the social costs of car insurance premiums to around £70.
Swiss Re issues WTC statement
Swiss Re has issued its first public comment on the verdict in its favour in the World Trade Centre trial in New York.
Select & Protect adds Life-Link to key accounts
Select & Protect, provider of household and mortgage payment protection insurance cover, has added Life-Link to its key accounts.
Government publishes guidance for directors of quoted firms
The Government's Operating Financial Review Working Group today published guidance for company directorsproducing Operating and Financial Reviews, which will be a requirement for all UK quoted companies from the beginning of 2005.
Ajax one of first brokers to get FSA nod
Liverpool-based Ajax Insurance Brokers has received its "minded" to authorise letter from the Financial Services Authority. The first letters from the FSA were due to go out this week, although no general insurance brokers will be officially authorised…
XL America moves offices
XL America, a subsidiary of XL Capital, has announced plans to relocate four of its business units and over a hundred employees to new offices in Hartford, Connecticut.
Biba launches new income protection scheme
The British Insurance Brokers’ Association (Biba) has announced the launch of a new income protection scheme. The scheme will offer today’s UK workers, irrespective of age, occupation, or gender, a tax-free cushion of up to £12,000* against the risk of…
Arig sells holdings in Al Ahlia
Arab Insurance Group (Arig) has announced that it is to sell off its entire holdings of Bahrain-based Al Ahlia Insurance.
Aon underwriting result hit by costs
Aon Corporation recorded a 9% increase in consolidated revenues to $2.6bn for the first quarter of 2004 compared to the same period last year. The company said that although its insurance underwriting results were negatively influenced by increased costs…
McMullan joins Heath Lambert
Heath Lambert Group, Europe’s largest independent insurance and reinsurance broker has announced the appointment of Ian McMullan as director of Heath Lambert Financial and Professional Risks.
Final verdict in WTC trial
The jury in the World Trade Center (WTC) trial in New York has delivered a final verdict.