News
Aon takeover will "make sense"
Market sources have poured cold water on a possible reverse takeover of Aon by rival Willis, after a...
Regency Group
Insurance and warranty scheme provider Regency Group has made Jan Boyce compliance officer. She was ...
Liability deadline challenge
Insurers are taking months to decide liability in claims involving small and medium-sized businesses, with weeks passing until any settlement is made, according to a study of SME clients by loss assessor the Balcombe Group
Product liability claims to rise
Product liability claims will increase as a knock-on effect of the government's implementation of th...
Nikko Principle set deadline
London Market News
Lloyd's bond issue sparks IPO talk
London Market News
Arag refuses to rule out UK legal expenses return
German legal expenses giant Arag has not ruled out re-entering the UK market after pulling out earli...
Silverstein delivers opening arguments
London Market News
Heath Lambert appoints Wallace
London Market News
Insurers back fraud underwriting system
Fraud detection system Digilog is set to be unveiled as an underwriting tool, Post Magazine has lear...
Axa Assistance
Steve Jones and Lee Rawlings have joined the commercial team of Axa Assistance as business developme...
Lancaster transfers motorcycle book to Europa Group
Lancaster Insurance Services, classic car specialist business, is transferring all its motorcycle business to Europa Group, under the brand Motor Cycle Direct.
Swinton acquires
East Anglia-based broker Waveney Insurance Brokers has transferred most of its personal lines business to Swinton.
NU to transfer 500 staff to outsourcer
Norwich Union is transferring 500 jobs through an outsourcing deal with document services supplier Williams Lea in a deal worth £225m over 10 years.
Moody’s confirms Converium ratings
Moody's has announced that it has confirmed the insurance financial strength ratings of Converium and Converium Ruckversicherung (Deutschland) at Baa1 with a stable outlook.
Zurich urges D&O take-up
Zurich is pressing small and medium size enterprises to ensure they have adequate directors’ and officers’ cover, after a survey found many had no protection against being sued.
West Country broker in recruitment drive
Regency Insurance Brokers says it is expecting one of its busiest years since its creation in the 1980s due to new client wins and the expansion of the business.
Oak Underwriting founder passes on MD reigns
Oak Underwriting has appointed Robert Trott as managing director from the 1 November. For the last ten years he has been a regional manager for Chubb Europe.
Duo join Heath Lambert credit and surety team
Broker Heath Lambert has announced the appointments of Steve Parsons and Jean-Pierre Lonsdale to the national sales team of its credit and surety division.
Former Cox CEO Utley takes on new role
Former Cox chief executive Neil Utley has been appointed non-executive director at of personal injury firm Donns. He will provide strategic management consultancy to the 300-strong law firm based in Manchester.
Biba rejects recent criticism of FSA Commingling
The British Insurance Brokers' Association (Biba) has rubbished recent reports criticising the Financial Services Authority's (FSA) commingling rules.
Cornhill boss calls on market to hold its nerve
Allianz Cornhill general manager, commercial, Chris Hanks, has hit out at suggestions the market has already entered a soft cycle.
Scottish Re announces ING Re deal
Scottish Re Group has announced that it has agreed to acquire the individual life reinsurance business of ING Re. The transaction is expected to close by the end of 2004.
CEA creates Solvency II group
The Comité Européen des Assurances has created a steering group to look at Solvency II, the EU project aiming at a fundamental review of European insurers’ solvency requirements.