News
Appointment at Motors Insurance Company Limited
Motors Insurance Company Limited has announced the recruitment of Andrew Jackson to the newly-create...
Indemnity sector target
A new claims and risk management is being launched, targeting insurers involved in the solicitors' p...
Dewey LeBoeuf merger announced
Dewey Ballantine and LeBoeuf, Lamb, Greene & MacRae have officially announced their merger plans, creating a $1bn law firm.
LV appoints ex-Ace manager
ABC Insurance, part of the LV Group, has appointed Kevin Hawkins as UK commercial packages manager.
European insurers stand firm despite turbulent first half says Moody's
The European insurance industry continued to enjoy ratings stability and good results in the first half of 2007 despite external influences, according to Moody's Investors Service.
Post pick of the week
Anthony Gould, group editor in chief of Incisive Media’s Insurance Division, outlines the major general insurance stories from this week’s issue of Post Magazine including: Broker Willis to road test new fee-based remuneration model; Association of…
GT and Robson Rhodes call themselves Big Four Alternative
Grant Thornton and RSM Robson Rhodes have announced a new cross-discipline group known as the Financial Services Group, following completion of their merger. The division will replace the old Financial Markets Group (Grant Thornton) and Financial…
THB acquires Cardinus
Broking and risk management group THB has acquired health and safety specialist Cardinus.
Homeserve walks away from Domestic & General
Homeserve has withdrawn from potential discussions relating to a bid for Domestic & General. In a statement the company said "following a period of negotiation, Homeserve has decided not to pursue an offer for D&G and has accordingly withdrawn from the…
Tributes paid to "caring" Prime Professions man
Prime Professions associate director Mark Allison has died from cancer at the age of 39.
International Insurance Society appoints Duperreault as chairman
The International Insurance Society announced the election of Brian Duperreault, director and former chairman, president and CEO of ACE Bermuda, as itsnew chairman.
Indie Trial: share certificate disappeared
Michael Bright never received his share certificate for the final tranche of options he bought for £71 000 just four months before the company folded, it emerged today. The revelation came as Mr Bright took the stand for a third day, as Jonathan Swift…
Share certificate disappeared
Michael Bright never received his share certificate for the final tranche of options he bought just four months before the company folded, it emerged today. The revelation came as Mr Bright took the stand for a third day, as Jonathan Swift reports .
Singapore-based insurer completes solvent scheme transfer
Whittington has announced the completion of a Solvent Scheme of Arrangement for a Singapore-based insurer Lion City Run-Off (formerly the Offshore Insurance Fund business of The Insurance Corporation of Singapore).
GHL announces internal promotions
GHL Insurance Services the appointed UK service provider to Gibraltar based insurers Link and Zenith has announced number of internal promotions as part of its ongoing product rationalisation process.
Lloyds TSB appoints Lozano for institutional insurance business
Lloyds TSB Corporate Markets has appointed Gabriela Lozano as a relationship manager in the institutional insurance arm of its Financial Institutions team.
Loss adjusting CEO resigns
The Axis board has announced that Peter Shortland the chief executive has resigned from the company.
Staff were scared says Bright
The finger of blame shifted to Michael Bright’s senior management today, but the former boss acknowledged how their fear of him may have led to them keeping their actions secret, compounding Independent’s woes. Ralph Savage reports .
Former Standard Life CEO Bell passes away
Former Standard Life chief executive Scott Bell CBE has died aged 65.
Moody's: US sub-prime crisis has limited impact on European insurers
The current crisis in the US sub-prime market and the related uncertainty surrounding structured vehicles will not have a direct material impact on European insurers.
New car catastrophe product from AA Warranty
AA Warranty has launched fully comprehensive car ‘catastrophe’ cover designed to appeal to motorists who only want cover for expensive mechanical breakdown.
SSP transacts first live policy on i-market
IT provider SSP has transacted its first live policy – through its integrated imarket panel currently in pilot phase with a small number of brokers.
Aon warns UK broadcasters on reputational damage
Aon has warned the broadcasting and telecommunication sector about the impact on their reputation subcontractors can have.
Carvill teams up with energy derivatives broker TFS
Reinsurance broker Carvill and Tradition Financial Services (TFS) Energy, an inter-dealer broking of over-the-counter (OTC) and exchange-traded physical and derivative products, have announced an agreement to form an insurance derivatives brokerage…