News
NU to review drain impact
Norwich Union will update its flood maps for the first time in two years as a reaction to the unique...
CILA revises plans due to summer floods
The Chartered Institute of Loss Adjusters has postponed its autumn conference until the end of Octob...
Oxygen snatches managing director from rival Alec Finch
Commercial broker Alec Finch Group is losing its London Market managing director to rival Oxygen, Po...
Brit signs up to Risk Stop
Brit Insurance has become the first Lloyd's insurer to sign up the services of Risk Stop. The risk m...
Advent profits down £3.7m
Advent has reported profit before tax of £6.7m for the first six months of 2007, a fall of £3.7m on ...
RSA to ride out flood losses
Royal and Sun Alliance should still achieve a combined operating ratio of 95% or less this year - de...
Cobra buys Tubbs shares
Cobra Holdings has exercised an option to acquire the share capital of commercial broker Tubbs Insur...
S&P warns of potential downgrades
Standard and Poor's has warned creditors that UK general insurers will face rating pressure if its p...
Online comparison launch
UK Facilities has launched a new comparative online quotation and cover system. The Bolton-based br...
Syndicate capacity cut
Chaucer Syndicates, the managing agency of Chaucer Holdings, plans to decrease the 2008 capacity of ...
Weather claims hit Lloyds TSB as GI operations dip £55m
Lloyds TSB this week reported that profit before tax from its general insurance operations decreased...
Tawa AIM float raises £20m
Non-life run-off specialist Tawa has floated its shares on the Alternative Investment Market, raisin...
Trial looms in binder case
Europ Assistance has lost the first round of a battle with its former distributor Temple Legal Prote...
PL insurers given boost by court win
The potential for claims brought against councils for accidents on icy roads was reduced this week a...
Erinaceous receives bid
UK banking giant HBOS is reported to have made an indicative offer of 300p a share for Erinaceous, t...
Chinese branch expansion plan for RSA
Royal and Sun Alliance's push into emerging markets continued this week, as it revealed plans to con...
New binding division
Lloyd's broker John Holman and Sons is creating a new division to handle all of its binding authorit...
Oval appoints third MD
Oval has appointed Peter Matthews as regional managing director of the East Midlands. This is the th...
Direct expansion hopes
Motor fleet insurance specialist Direct Commercial is hoping to double its business over the next tw...
FSA streamlines reporting
The Financial Services Authority is proposing plans to make it easier for firms to complete both the...
Lack of evidence costs Allianz pre-trial
The controversy surrounding Allianz Group's £30m fight with North Korea's national insurer continued...
Beazley's US operations boost half year profits
Lloyd's insurer Beazley has reported profits of £60.2m (2006: £28.3m) for the six months ending 30 J...
Fortis divides up UK to attract more brokers
Fortis is set to boost its broker support division as part of a reorganisation that has seen it unit...
RBSI linked with multi-million pound SME push
Royal Bank of Scotland Insurance is primed for growth after it emerged it is set to enter the direct...