News
Legal blow for Autofocus
Accident Exchange has landed the latest blow in its legal battle with Autofocus after a former employee of the credit hire reporting company was handed a suspended 28-day prison sentence for contempt of court.
London loses insurance crown to Hong Kong
A report placing Hong Kong above London as the world's leading insurance centre has caused consternation among Lloyd's and London market underwriters.
CCRIF wants more coverage
The Caribbean Catastrophe Risk Insurance Facility is urging its international donor partners for assistance to enable it to step up the coverage available to member countries.
LV sets target of £250m
LV is set to offer its fleet motor products to brokers via its branch network by April in a bid to hit £250m worth of commercial business by 2012.
Aviva revealed as insurer of City fire complex
Aviva has confirmed it is the insurer for the four-storey complex in Tabernacle Street in the City of London destroyed by a fire that broke out in the early hours of 11 March.
Lloyd's box plan on hold as Towergate 'changes tack'
Towergate's plan to set up an underwriting box in Lloyd's in early 2010 has been put on ice following a "change of tack" regarding the development of its underwriting strategy.
Management shake-up at Giles sees Pearson axed
The retail managing director of Giles Insurance Brokers, Howard Pearson, was the highest profile casualty of a management shake-up at the consolidator announced earlier this week.
Hancox steps down as Evander MD
Evander Validation Services managing director Simon Hancox has resigned from his role at the property repair company to be replaced by operations director Colin Jones.
Vittoria Assicurazioni to report targets
Italian insurance company Vittoria Assicurazioni is due to hold a presentation to the financial community in Milan later today when it will present its 2010 targets.
Admiral accused of breaching Race Relations Act
Car insurer Admiral possibly in breach of anti-discriminatory laws, according to report.
New Novae Re offices open in Zurich
Novae Group has opened its new offices in Zurich, as it hopes to capitalise on what they say is the increasingly important European reinsurance marketplace.
New Novae Re offices open in Zurich
Novae Group has opened its new offices in Zurich, as it hopes to capitalise on what they say is the increasingly important European reinsurance marketplace.
Folding plug wins Brit design award
British student, Min-Kyu Choi from London, has won the Brit insurance design of the year 2010, for his reinterpretation of the plug, beating over 90 international nominees in the process.
UK and Norway form RM alliance
The Norwegian Risk Management Association and the Institute of Risk Management have announced an agreement whereby NORIMA will promote IRM’s qualifications to its members at a preferred partner rate.
UK and Norway form RM alliance
The Norwegian Risk Management Association and the Institute of Risk Management have announced an agreement whereby NORIMA will promote IRM’s qualifications to its members at a preferred partner rate.
Commercial insurance prices remain flat for fourth consecutive quarter
A competitive market landscape has perpetuated flat commercial insurance prices during the fourth quarter of 2009, according to global professional services company Towers Watson.
FSA targets Solvency II and PPI in business plan
The Fiancial Services Authority will focus on Solvency II preparation and the conduct of payment protection insurance providers in its 2010/11 business plan.
FSA targets Solvency II and PPI in business plan
The Fiancial Services Authority will focus on Solvency II preparation and the conduct of payment protection insurance providers in its 2010/11 business plan.
Transactor new provider for Cornish Mutual
Transactor Global Solutions is the new provider for south west based insurer, Cornish Mutual, with a complete system replacement scheduled to go live in September 2010.
Former Autofocus employee handed suspended sentence
Accident Exchange has landed the latest blow in its legal battle with Autofocus after a former employee of the credit hire reporting company - Helen Whyshall - was handed a suspended 28 day prison sentence for contempt of court.
Montpelier Re reports up to $100m losses from Chilean earthquake
Reinsurer Montpelier Re has announced a preliminary pre tax losses of between $75m (£49m) to $100m from the earthquake in Chile.