News
Ace boss marks out capital use
The boss of insurer Ace pointed to the company's efficient use of capital after it reported profit f...
Insurer raids Cornhill to boost SME push
Insurer IGI has recruited two former Allianz Cornhill managers to assist its push into the SME marke...
LMA outlines fears to Tories
The Lloyd's Market Association has made a plea to Conservative MPs to help it repeal "burdensome" ta...
Axa bosses get green light for direct return
Axa is mulling a full return to the direct market, less than three years after it pulled the plug on...
Analyst to look at City brokers
Investment bank UBS is looking to expand its coverage of the listed insurance market after it hired ...
Motor insurers continue review
Link and Zenith Insurance have revealed further details of their claims supplier network review, wit...
RFIB expands presence
Lloyd's broker RFIB Group has expanded its presence in the UK with the acquisition of the business o...
Fees trigger claims action
The insurance industry is experiencing a marked rise in the number of pre-action disclosure applicat...
Insurance Fraud head
The Insurance Fraud Bureau has unveiled Sue Jones as its full-time head. Ms Jones is currently head ...
Quinn: no rush for rating
Quinn Direct maintained it has no need for a security rating offer, claiming it has become Ireland's...
Insurer shows profit rise
Halifax Bank of Scotland General Insurance reported profit before tax increased by 22% to £163m for ...
Football kits competition
Start the season in Style with the CIS
FSA highlights broker complaint concerns
Some brokers stretch out customers' complaints for nearly a year before informing them of their righ...
Motor Insurers' hotline
Two thirds of police calls to the Motor Insurers' Bureau hotline have resulted in cars being seized....
Allianz in 'bread and butter' business bid
Allianz Cornhill is aiming to increase its SME business book by another £100m in gross written premi...
Flood decision 'a backward step' says RSA
In response to recent reports on possible Department for Environment, Food, and Rural Affairs budget cuts, insurance giant Royal & Sun Alliance has said: "Any cut in flood defence budget is a backward step and could lead to homeowners and businesses…
Towergate has acquired GHBC
Acquisitive broker Towergate has acquired Hemel Hemstead based broker GHBC. The broker has one office and specialises in property owners, financial lines and listed property business.
ABI reveals anger at flood cuts
The Association of British Insurers has reacted to the news that government flood defence spending is likely to be cut, and is demanding the problem be given the resources needed to prevent disasters.
Flood defence spending in jeopardy as Defra cuts revealed
News reports today have claimed the Department for Environment, Food and Rural Affairs has been told to cut its budget by nearly £200m over the next six months, putting planned investment in flood defences in crisis. According to a report in The Guardian…
Mondial supports Which? regulation demands
Travel insurance provider Mondial has said it supports the call for industry standardisation following the findings of the recent Which? consumer report.
XL Capital plans reinsurance platform in Europe
XL Capital has announced plans to develop a new, integrated European platform for its reinsurance operations.
Endurance Specialty buys up cat cover from Shackleton Re
Endurance Specialty Holdings has announced that its subsidiary, Endurance Specialty Insurance, had acquired $235m of multi-year, collateralized catastrophe reinsurance from Shackleton Re. This new reinsurance is designed to enhance Endurance's ability to…
CNA posts increased Q2 2006 profits
CNA Financial Corporation has announced second quarter of 2006 results. Net operating income from continuing operations for the second quarter of 2006 of $305m as compared with $272m for the same period in 2005. The second quarter of 2005 included a …
Insurecom makes a profit
Insurecom made a pre-tax profit of £203 000 for January-June, the broker software house has announced.