News
Appointment at Guy Carpenter
Guy Carpenter has appointed David Lightfoot as manager of its actuarial and catastrophe modelling ...
Reweb - XL Capital announces fourth-quarter 2003 results
Bermuda-based (re)insurer XL Capital has announced that the company's fourth-quarter 2003 results wi...
Reweb - Swiss Re sponsors coverage for insurance-linked security
Swiss Re has sponsored $400m of coverage for its first insurance-linked security relating to life in...
Appointment on the Lloyd's Franchise Board
Steven Burns has been appointed as a non-executive director on the Lloyd's Franchise Board. Mr Bur...
Appointment at John B Collins Associates
Reinsurance intermediary John B Collins Associates has announced that Simon Hudson has joined the ...
Appointment at Aspen Re America
Brian Boornazian has been appointed president and chief underwriting officer, property reinsurance...
Exemptions - IUA publishes FET list
The International Underwriting Association (IUA) has published an online list of the London company ...
KWELM run-off closure agreed
Multi-billion dollar settlement to offer claimants up to 76% of sums due
Beddis continues acquisition spree
Birmingham-based Insurance broker Beddis & Partners has acquired Wolverhampton-based BW Cooper (Insurance Brokers).
Hiscox Insurance boss Sian Fisher resigns
Sian Fisher, the managing director of Hiscox plc subsidiary Hiscox Insurance, has resigned and will be leaving the company at the beginning of February 2004.
CEA backs EU roads campaign
The Comité Européen des Assurances has lent its support to the European Road Safety Charter launched this week.
Moody's report criticises US under-reserving
US P&C and reinsurance companies are still "significantly" under-reserved, according to a new report by Moody's Investors Services.
Equitas and Halliburton sign asbestos deal
Equitas and US company Halliburton have announced that they have reached an agreement on Halliburton's asbestos-related insurance claims.
Third party capital playing "a vital role" in Lloyd's says managing agent
Nigel Hanbury, chief executive of Hampden Agencies, the top managers of private investors' funds at Lloyds, told a conference for insurance industry experts today that "Third party capital had re-established itself and remains important to Lloyd's future…
Markel warns employers
Markel International has launched an employment practices liability product to help firms deal with ...
Students honoured by Chubb
Denise Houston from Lanarkshire in Scotland has picked up the award for best overall student in leve...
Winners and Losers: Post Magazine's monthly round-up of job cuts and gains
WINNERS Trades Union Congress president Roger Lyons says several UK firms had looked into 'offshori...
IUA and CII unite for exams
Marcus Alcock The Chartered Insurance Institute has joined forces with the International Underwriti...
Lloyds TSB Insurance boosts online offering with six figure tie up
Lloyds TSB Insurance has signed a two year six figure deal with Tiscali UK, the internet communications company, in an effort to extend the "breadth and reach" of its offering.
AM Best puts negative outlook on Transatlantic subsidiaries
AM Best has affirmed the A++ (superior) financial strength rating of Transatlantic Holdings, but assigned a negative outlook to its reinsurance subsidiaries Transatlantic Re, Trans Re Zurich and Putnam Re.
Swiss Re opens DC office
Swiss Re has opened a new office in Washington DC in an effort to get closer to policymakers in the US capital.
Insurance discs not the answer says AA
Calls for the compulsory display of insurance discs in car windscreens are misguided and will do nothing to tackle the growing problem of uninsured drivers, said the AA, following the introduction of a private members' Bill.
Faraday granted FSA and Lloyd's approval
Faraday, the Lloyd's managing agent and London-based reinsurance group, today said the appointments of Mark Rayner and Paul Ceurvorst as joint chief underwriting officer and active underwriter respectively have been approved by Lloyd's and Financial…
Private Members Bill on insurance discs
Andy Burnham MP brought a private members bill yesterday to amend Part 6 of the Road Traffic Act 1988 "to require users of motor vehicles to display on the vehicle a disc certifying that a policy of insurance or security in respect of third party risks…