News
Hiscox appoints PI Direct for claims
Hiscox Insurance has appointed PI Direct to undertake claims handling and litigation on a proportion of its book.
QBE acquires UK underwriter
QBE has acquired MBP Holdings, holding company of UK underwriting agency Minibus Plus, subject to regulatory approval.
Japan hit by tremor
A magnitude 7.2 earthquake has hit northeastern Japan, triggering minor tsunamis along the country's Pacific coast, collapsing buildings, knocking out power and shaking skyscrapers in Tokyo, more than 300km away. At least 36 people have been injured.
NU hits back in jobs row
Norwich Union has defended its role in the axing of a further 345 jobs.
UK-based actuary opens in India, South Korea to follow
EMB, the UK-based actuarial consultancy, has opened an office near New Delhi in the latest phase of its international expansion. The new operation’s managing director is Vikas Newatia.
Fomer Benfield chief Spiller appointed president at Guy Carp
Guy Carpenter has appointed David Spiller as its new President, effective January 1, 2006.
Benstead joins CNA
CNA Insurance Company has appointed Chris Benstead to its London team as development underwriter, property.
Quotemac adds claims module to underwriting software
QuoteMac, the on-line SME underwriting system used by over 1,000 brokers, has been upgraded by its creators, Anglo Pacific Consultants, to add a new claims module.
Marsh makes Glasgow move
Marsh has promoted Audrey Corfield to the role of sales and service leader of its corporate client practice in the Glasgow office.
NU updates risk management advice for farmers
Norwich Union has supported the Health and Safety Executive in producing an updated version of Farmwise: Your essential guide to health and safety in agriculture.
Atlantic storm forecasts keep on rising
Tropical Storm Risk (TSR), has increased its forecast for Atlantic basin hurricane activity in 2005 by a further 30%. The forecast calls for record-breaking activity levels at sea, and for the number of storms hitting the US to be above-average to high…
Willis Group gets China licence back
Willis Group has confirmed that the earlier suspension of the license of its Guangzhou, China, branch office to accept new business has now been lifted.
Hannover Re records first half 2005 profit
Hannover Re posted an operating profit of €347.8m for the first half of 2005, down slightly on the €375m that it made over the same period of 2004.
Aviva upbeat after results
Aviva this morning reported that its general insurance operation reported an operating profit of £694m (2004: £583 million) for the six months to 31 June.
CIS teams up with NU
Co-operative Insurance Society (CIS), part of Co-operative Financial Services (CFS), has signed a heads of agreement with Norwich Union (NU) to strengthen their distribution capabilities.
Smart and Cook buys again
Broker Smart and Cook has today acquired Lincoln-based personal and commercial lines intermediary Brian Wilson & Partners.
RSA results show strong growth
Royal & Sun Alliance recorded a £397m increase in net written premiums to £2.9bn in the first six months of this year. The company said this reflected the recapture of the Munich Re quota share and profitable growth in Scandinavia, Canada, Latin America…
Morning is prime work time
Workers are at their most productive early in the morning, according to a new survey by telecoms ope...
Offshoring myth debunked
Offshore outsourcing is set for continued growth but the market is maturing, with more companies set...
Conference alert: The Productivity Challenge
The Financial Services Skills Council is hosting a one-day conference to discuss and debate how attracting, retaining and investing in the best people can deliver tangible benefits to companies' bottom lines
Appointment at J&M Insurance Services
J&M Insurance Services has appointed Peter Wood as branch manager. Mr Wood has joined to manage and ...
Aviation market still resilient
The aviation insurance market has suffered its most severe losses in more than three years, followin...
Appointment at Miller
Miller has made two senior appointments to its professional risks team. Nicola Kohn and Malcolm Cull...
US specialist to open in UK
A US claims specialist is set to open an office in London to target UK general insurers. Guidewire,...