News
Repeat of 1927 flood could cost $160bn
The Great Mississippi Flood of 1927 - the largest flood disaster in US history - would cost up to $160bn in economic damages if it recurred today, according to risk analysts Risk Management Solutions (RMS).
Police arrest two more in Yorkshire motor fraud swoop
West Yorkshire police and the Insurance Fraud Bureau have released further details following the arrests of four people yesterday in connection with an alleged staged accident fraud ring. Two more people were arrested today.
Biba announce link up with imarket
Biba’s full range of member schemes is now being offered via imarket – presenting brokers with an even wider choice of first-class insurance products.
Law firm slams FSA's voluntary compensation rules
Companies could be required to voluntarily compensate all of their customers under the new rules being brought in under the guise of the EU’s Markets in Financial Instruments Directive (MiFID), warns City law firm Reynolds Porter Chamberlain at their…
Hiscox launches new insurance packages for trustees of charities, clubs and associations
Hiscox launch of two new insurance packages aimed at the trustees of charities, clubs and associations. Available from brokers, the Hiscox Charities Insurance Portfolio and the Hiscox Clubs and Associations Insurance Portfolio have been developed…
Post pick of the week
Anthony Gould, editor in chief of Post Magazine, provides a run down of the major news this week including: JLT CEO speaks out; Micro-captive start up eyes Euro business; TAG pair mull fate; Talbot considers acquisitions as it seals $400m deal; HSBC…
Former AA insurance boss takes RSA board role
Royal & Sun Alliance has appointed Clare Salmon as group strategy, marketing and customer director and David Weymouth, as group operations and IT Director. Both roles were created as part of the reorganisation announced in 2006 and will report to Group…
Primary unveils new regional management structure
Primary has appointed three new regional managers. Each will be supported by a team of regional underwriting managers, senior underwriters and business development managers.
Swinton seeks to accomodate penalised drivers
Drivers with six points or more on their license looking for insurance could soon be viewed as ‘standard’ rather than ‘non-standard’ according to high street broker Swinton.
Scottish Re parts company with CFO
Life reinsurer Scottish Re has announced that Dean E. Miller, its executive vice president and chief financial officer, will be leaving the company effective May 18, 2007.
Hiscox launches charities schemes
Hiscox has launched two packages aimed at the trustees of charities, clubs and associations.
Alea set for shareholder vote on increased FIN offer
Alea's board of directors has opted to accept an increased takeover offer from FIN Acquisition, after a mystery bidder entered the fray on Tuesday.
Interview - Two generations, 20 years, one broker
As Aon celebrates its 20th birthday, Olivier C Laurent sits down with industry veteran Robert Brown and newcomer Dagmar Nehnevska to reflect on the evolution of the insurance industry
Pick of the Week
Anthony Gould, editor in chief of Post Magazine, provides a run down of the major news this week incl...
Marsh complaint filed
Marsh group's reinsurance broker Guy Carpenter has filed a complaint, alleging breach of contract ag...
Appointment at Fletchers
Specialist insurance law firm Fletchers Solicitors has appointed Richard Neve as marketing manager a...
Novae underwrites £11.2m micro-sculptures
Novae Syndicate 2007 has underwritten the £11.2m micro-sculptured art collection of former Davis Cup...
Lockton keeps growing
Insurance broker Lockton has announced the appointment of Steve Burridge, Mike Goudime and Hubert Se...
Reinsurance giant acquires Lloyd's broker
Reinsurance giant Munich Re has bought Lloyd's broker Bell and Clements, a purchase that hints at gr...
Appointment at Assurant
Assurant Solutions has appointed two new client relationship managers to the UK team to support and ...
Liability time limits divide the industry
Time limits for liability decisions still divide the industry as claimant lawyers and insurers face-...
Appointment at Hiscox
Hiscox has appointed Carl Bach to spearhead business development operations in the US. As business d...
GMAC buys £170m Provident
GMAC's £170m purchase of Provident Financial's insurance arm is the company's first acquisition sinc...
Appointment at Tokio Marine Europe
Tokio Marine Europe Insurance has appointed Mark Sterry as southern region manager. Mr Sterry will b...