News
What the papers said this week
Greenock Telegraph Worried staff at a Greenock-based health insurance firm fear for their livel...
Liiba boss: LMBC has no future in new order
The chairman of the proposed London market body for brokers says there is no room for two associatio...
Westall revamps offering
Keelan Westall, part of Barbon Insurance, has revamped its property solutions for brokers. Bibalet i...
Lisson to drive change at QBE
QBE Europe this week announced the appointment of a new chief underwriting officer and chief operati...
Travel insurance companies affected by weak pound
Travel insurance premiums must rise due to the weak sterling, according to travel insurer PJ Hayman and Company.
HSE chair calls for talks with insurers
The chair of the Health and Safety Executive has called on insurers to work with the organisation ahead of the unveiling of its new strategy later today.
FSA set to back Biba commission disclosure proposal
According to market sources the Financial Services Authority is set to back the existing British Insurance Brokers' Association proposal over commission disclosure which asks brokers to make clear in the TOBA that they can ask the size of the commission.
Hiscox sheds Bermudian team but plans to open five new bases in the US
Hiscox is to close one of its specialist insurance and reinsurance teams operating from Bermuda as part of plans to focus on its US business.
Canada Life announces changes to its Group Life product
Canada Life Group Insurance has announced improvements to its group life product by increasing its free cover level (FCL) maximum to £1.25m from £1m (sum assured per member).
Prime Minister tackles mortgage repayment worries
People facing repossession of their homes will be able to partly defer their mortgage payments for up to two years, following the Prime Minister's discussions with eight major lenders.
CEA responds to Solvency II Council decision
The CEA, the European insurance and reinsurance federation, has called for open and constructive discussions between the Council, the European Parliament and the European Commission to try to reach agreement on a common text of the Solvency II Framework…
DUAL launches new PI products
DUAL Corporate Risks has launched its new range of professional indemnity (PI) products.
ABI outlines hopes for Queen's Speech
The Association of British Insurers has issued a wish list for the Queen's Speech tomorrow.
Euler Hermes cites Woolies as it issues profits warning
Euler Hermes has today issued a profits warning following Woolworths decision to go into administration.
Solvency II framework directive pushed through; ABI disappointed
The Association of British Insurers has expressed its disappointment at today's quick decision in the ECOFIN council to push through the Solvency II framework directive with no debate.
Heath sets up new division
Heath Lambert has formed a new renewable energy team within its retail national division.
Catlin benefits from AIG defections
Catlin Group has significantly strengthened its position in crisis management underwriting with the addition of two experienced product recall insurance underwriters.
Dual in new PI roll out
Dula Corporate Risks, the underwriting agencies specialising in liability insurance for mid-market companies, has launched its new range of professional indemnity products.
Research highlights causes of personal injury claims
The most serious injuries at work arise from accidents involving machinery and defective equipment, according to a new analysis of almost 1000 personal injury awards made in 2007 by Injuries Board in Ireland
Lloyd's appoints rep for Germany and Austria
Lloyd's has appointed a new market relations manager for Germany and Austria.
Direct Group appointed by Carlyle
Direct Group has been appointed to supply policy and claims administration services to Cardiff-based motor finance provider Carlyle Finance.
Five years imprisonment given to insurance fraudster
A joint operation between the Insurance Fraud Bureau and West Yorkshire Police code named 'Keep' today concluded at Bradford Crown Court.
AIG arm Risk Specialists to offer US takaful insurance
Risk Specialists Companies, Inc. (RSC), a subsidiary of AIG Commercial Insurance, today announced it is introducing a Takaful Homeowners Policy, the first of Shari'ah-compliant (Takaful) product offerings in the U.S. The newly announced Takaful products…
Ace Tempest Re will write business through Ace Switzerland
Ace Tempest Re Europe has announced that its Zurich-based reinsurance business will now be written through Ace Insurance (Switzerland) Limited, the newly formed Swiss insurance company. The move also follows the re-domestication of Ace Limited to Zurich…