News
Hurricane losses of $20bn expected
Lloyd's and London Market insurers are counting their losses in the aftermath of Hurricane Charley, ...
BBC programme could spark premiums rise
Nursery insurance premiums could be set to rise, according to industry experts, following the BBC's ...
Australian firm eyes London
Broker OAMPS UK has plans to double its premium income to £22m in a move to boost its share of the L...
Norwich Union offers long-term pricing stability
Norwich Union claims it is now able to offer brokers long-term renewal pricing stability for househo...
Travellers Protection Services renews its contract
Norwich-based Travellers Protection Services has renewed its contract, for the seventh consecutive y...
Lloyd's receives ratings boost
AM Best's financial strength upgrade of Lloyd's has been attributed to the tightening grip of the Fr...
RSA "warms up" relations with Towergate
Royal and Sun Alliance has begun offering more capacity to Towergate Underwriting Group and Folgate ...
Link helps Guardian increase its net premiums
Caribbean financial services company Guardian Holdings has reported that its general insurance busin...
Towergate to enter new niche with latest buy
Towergate has acquired military insurance specialist Forces Direct as a part of its plans to double ...
Appointment at Groupama
Groupama Healthcare has made three new appointments to its management team. Malcolm Simpson has been...
QBE announces profit of £125m
Australian insurance group QBE has announced an operating profit after tax of A$320m (£125m) for the half year to 30 June 2004, up 33% on the same period last year.
XL reveals hurricane Charley losses
Bermudan insurer XL Capital expects to receive net claims of approximately $125m (£68.4m) as a result of Hurricane Charley, which struck the United States on August 13th.
Simister joins Marsh
Marsh has strengthened its regional risk consulting team with the appointment of Terry Simister as business risk consultant.
McIntosh succeeds Beveridge at JHC
Peter McIntosh, hull underwriter for Wellington Syndicate 2020 at Lloyd's, has been elected chairman of the Joint Hull Committee in London. He succeeds William Beveridge, who has recently resigned the post. Mr Beveridge will remain an active member of…
NIG includes commingling in new TOBA
NIG has issued its new Terms of Business Agreement (TOBA) to brokers which will accept co-mingling of funds.
Floods prompt sharp rise in claims
Severe storms across the country over the last seven days have prompted a 400% rise in insurance claims, says Churchill.
Tesco outlines pet success
Tesco Personal Finance today announced that it has reached a quarter of a million, in-force, pet insurance policies in just over five years.
Change school practices or risk increased claims says Zurich
Stress levels in schools and colleges are escalating at an alarming rate, according to figures from Zurich Municipal.
Hiscox capacity to reduce 14%
Hiscox has announced reduced account capacity on syndicate 33 for the 2005 year of account, predicting £725m in 2005 as opposed to £847m this year.
ACE Europe launches new web tool
ACE Europe has launched a web based tool to enable oil and gas companies to gather more accurate and timely risk data for offshore employees.
Heath wins US corporate aviation client
Heath Lambert Aerospace has been appointed broker to private aviation firm Million Air.
Aascent merges sales and ops function
Commercial premium finance provider Aascent has promoted Ed Ferrell, one of the company’s founding partners, to the newly-created role of director of sales and operations.
Amlin in ownership boost
Lloyd’s insurer Amlin says it continues to achieve strong growth in its premium income thanks to a 100% ownership of Syndicate 2001, from 86% in 2003.
Biba and CNA add terrorism cover to travel product
CNA Insurance Company (CNA) and the British Insurance Brokers’ Association (Biba) have enhanced their flagship travel product, Biba Protect - available exclusively to members of Biba - to provide protection to insureds under the medical expenses section…