News
Confused boosts motor panel
Comparison site Confused has added another four partners to its motor insurance panel.
Everest Q2 net income nearly halves
Everest Re, the Bermudian (re)insurer, said that net income for the first six months of year nearly halved, falling to $231.0m from $580.5m in the first six months of 2007.
Arch Europe seen as destination for Heritage senior staff
Arch Europe has been rumoured as being the destination for Heritage’s newly-departed senior staff, Reinsurance Magazine can reveal.
Law firm disappointed MoJ went for 'cheap wins'
Law firm Browne Jacobson has called the proposed Minsitry of Justice reforms "too limited" and that it "shows potential loopholes".
Allianz boss slams "politically motivated" MoJ outcome
Allianz divisional claims manager (technical) Roy Hebburn, has decribed the The Ministry of Justice personal injury response as "deeply disappointing".
Keelan Westall unveils new roles
Keelan Westall has promoted Simon Clegg and Mark Costello from business developers to sales managers for the north and south of the UK respectively.
DAS: MoJ response is "excellent news" for ATE insurers
DAS Legal Expenses has added its voice to those in favour ofthe consultation on case track limits and the reform of the personal injury claims process.
Apil disappointed MoJ makes no mention of claimant rehab
The Association of Personal Injury Lawyers has welcomed the Ministry of Justice’s response to personal injury reform. It particularly hailed the decision to maintain the small claims limit for personal injury claims at £1000 and its "drive to encourage a…
ABI's Haddrill: trade unions must not be allowed to block change
The government’s long-awaited proposals for reform of personal injury compensation fail to grasp the need for radical reform, the Association of British Insurers and the EEF, the manufacturers’ organisation, said today. Both organisations had made…
Doucette to leave Max Capital
Max Capital, the Bermuda-based (re)insurer, said that chief underwriting officer and president of the group's reinsurance operations, John Doucette is to leave the company to pursue "other options".
Guy Carpenter appoints new CEO for Italy
Guy Carpenter & Company, the reinsurance broking arm of Marsh & McLennan, said that it has appointed Massimo Reina as CEO of Guy Carpenter Srl, Milan, with responsibilities for the Italian territory.
Hiscox raids Imagine for custom reinsurance team
Hiscox, the Bermuda-domiciled Lloyd's (re)insurer said it has hired Bob Forness from Lloyd's rival Imagine to head ups its new custom risk reinsurance team.
Worst US 2Q cat losses since 2001
US property/casualty insurers are expected to pay homeowners and businesses an estimated $6.025bn for second-quarter property losses resulting from a total of 16 catastrophes in 27 states — nearly double the number of catastrophes in the first quarter of…
Countrywide names new MD
Countrywide has appointed Nick Haycock as managing director.
DLA Piper: MoJ reforms "watered down"
The changes to the personal injury personal injury system outlined by the Ministry of Justice today have been described as "much watered down" from the original and "far from the ground-breaking proposals" once feared.
LEIG praises MoJ response
The Legal Expenses Insurance Group today welcomed the Ministry of Justice response to representations on its consultation paper on case track limits and the claims process for personal injury claims.
Kennedys in RPC swoop
Reynolds Porter Chamberlain is to sell its regional insurance office in Tiverton, Devon, as a going concern to Kennedys. The transaction will take place on 28 July 2008.
Hyperion names new FD
Eric Fady has been named as the new group finance director for Hyperion Insurance Group.
Prentice defends lack of progress in MoJ report
Bridget Prentice MP, Minister for Civil Justice, has defended the government's failure to introduce most of the radical proposals in its original consulttaion document.
MoJ: No extensions for decisions on liability
The government has concluded that there should be no extensions for decisions on liability for insurers.
AIG sets Willumstad pay and bonuses
American International Group has set new chief executive Robert Willumstad’s basic annual salary at $1m, an annual cash bonus opportunity of $8m plus an annual long-term incentive opportunity of $13m.
Oval appoints London market casualty head
Oval has appointed Marcus Simeoni as head of its London market casualty broking team.
MoJ: no changes to ATE market
The government has decided not to press ahead with the proposed changes to the recoverability of after-the-event insurance premiums.
DAS launches online claims monitor
DAS Legal Expenses insurance company has launched a new online claims tracking service. eClaims from DAS will allow both brokers and their customers to view their claim online nad track what stage their claim is at as well as view information currently…