News
E-certificates geared up for spring launch
The electronic delivery of motor insurance certificates is on course to be launched in spring follow...
Start-up admits job cuts but denies Capita dispute
Start-up specialist takaful general insurer Salaam Halal Insurance has confirmed four redundancies a...
Appointment at Marsh
Marsh has appointed Rod Ratsma as managing consultant in its UK business continuity management tea...
Fee challenges: 'door open'
A Court of Appeal decision regarding conditional fee agreements made pre-2005 has left the door open...
Appointment at Lockton
Lockton Re has appointed John Daum as executive director, based in New York. Mr Daum will develop ...
Trading hub bidding war down to two candidates
Lloyd's has confirmed the bidding war for the sole service provider for its new central trading hub ...
Looking back
Looking through Post's back catalogue paints a unique picture of more than 150 years of insurance ne...
Rok unveils £200m deal
Zurich Insurance has extended its contract with Rok Insurance Services for a minimum contract period...
Morrisons picks Allianz
Morrisons has selected Allianz Engineering to provide its inspection services. Following a successfu...
Appointment at Autoglass
David Meliveo has been appointed as marketing director for Autoglass. He joined the company in Jun...
Appointment at MMA
MMA Insurance has made a number of appointments within its business development team, as part of the...
Penny black's insurance week
'Tis the season for rumour and speculation. And this month's flavour seems to be who is up for sale....
XL downgraded by Fitch
Fitch Ratings has downgrades Bermudian (re)insurer XL Capital and its property/casualty (re)insurance subsidiaries, including the Issuer Default Rating (IDR) for XL to 'BBB+' from 'A', and the Insurer Financial Strength (IFS) rating of its core operating…
Cost warning over duplicate marketing mailings
A new report published by Experian, has today revealed that financial services organisations are wasting thousands of pounds each year by sending duplicate mailings to customers, writes Katherine Brandon, reporter, Professional Broking .
IIB elects new director
The Institute of Insurance Brokers elected Phil Thorpe of NW Brown in Cambridge to its board as a director at its AGM yesterday.
Analysts advise European reinsurance stocks safe bet in 2009
Reinsurer and property/catastrophe stocks are the safest place to be in 2009, say analysts at Citi.
AM Best places New Castle Re under review with negative implications
Ratings agency AM Best has placed the financial strength rating of A- (Excellent) and issuer credit rating (ICR) of "a-" of Bermudian reinsurer New Castle Reinsurance Company under review with negative implications.
Helphire outlines plans to cut costs
Helphire has issued a trading statement outlining the cost-cutting measures to be implemented under the leadership of new chief executive officer Mark Adams who was appointed on 13 November.
AIG Investments to lay off 6% of global workforce
The investment division of American International Group has laid off approximately 6% of its worldwide work force, the company said.
Amlin launches initiative to raise private capital
Lloyd's adviser and members' agent, Argenta Private Capital (APCL), has launched an initiative to provide additional underwriting capacity from Lloyd's members to leading specialist non-life insurer, Amlin and the way in which the transaction has…
Swedish reinsurer Compre in run-off deal
Swedish (re)insurers Compre Holdings Ltd and Länsförsäkringar AB have reached an agreement whereby Compre Holdings buys Länsförsäkringar ABs reinsurance subsidiaries in run-off, Stockholm Reinsurance Company Limited and Wasa International Insurance…
Senior HomeServe player leaves the business
HomeServe has announced that Ian Carlisle, CEO emergency services, has decided to leave the Group in 2009.
Ex-Gen Re boss jailed for "cooking the books" in AIG fraud
A former insurance executive was sentenced to two years in prison on Tuesday for a scheme that prosecutors said allowed the American International Group to manipulate its financial statements through a sham reinsurance deal eight years ago.
XL has no need to seek additional capital at this time: CEO
XL's chief executive Michael McGavick has again sought to scotch rumours that the beleagured Bermudian (re)insurer may be on the brink of collapse.