News
Motor price war claims unfounded says Datamonitor
Market analyst Datamonitor has declared that suggestions of a price war between major motor insurers are premature. In its latest report the analyst says that whilst the majority of insurers are still opting to push through price increases to cover the…
P&I insurer introduces pre-employment medical exams
P&I insurer the American Club has set up a programme for pre-employment medical examinations in the Philippines to ensure the medical fitness of its members’ seafarers.
WTC jury continues to debate
The jury in the World Trade Centre trial in New York is continuing to debate, over a week since it retired to consider its verdict.
New head of global casualty at Global P&C Re
Employers Reinsurance Corporation today announced William E. Donnell as head of the global casualty team for Global P&C Re.
NIG transfers its HHH business to brokers
NIG has revealed its plans to keep its Hill House Hammond business within the broker market in the wake of Norwich Union's decision to close the broking operation.
Swiss Re opens new London headquarters
Swiss Re has opened its new London headquarters at St Mary Axe.
Zurich aids Irish return for Broker Direct
Zurich and Broker Direct today announced they are working in partnership together to offer Broker Direct's motor insurance in Northern Ireland. The move marks a return to Northern Ireland for Broker Direct.
Alex Forbes swoops for Heath ten
Alexander Forbes has expanded its professional indemnity and retail broking teams with the appointment of ten specialist brokers who all previously worked at Heath Lambert.
Towergate set to acquire motorcycle insurance specialist
Towergate Underwriting Group have confirmed that Heads of Agreement have been agreed for the acquisition of Mitchells, the motorcycle insurance specialist.
Alea announces motor schemes with Endsleigh and Kinetic
Bermuda-based Alea Group is launching a range of motor insurance schemes to expand its UK insurance business, partnering Endsleigh Insurance Services and Kinetic Underwriting Concepts.
Broker emphasises threat to travelling students
Parents are eyeing study abroad programs with greater scrutiny to ensure their children avoid potential terrorist attacks, but many are finding their insurance coverage stops at the border of their home country, according to broker International Student…
Donnell joins ERC subsidiary
Employers Reinsurance Corporation (ERC) has announced that William Donnell is the new head of the global casualty team for subsidiary Global P&C Re.
AIG Europe to launch travel insurance for Thomsonfly
AIG Europe has been appointed by low cost regional airline, Thomsonfly, as its travel insurance provider.
Insurers reach regional business award finals
Cardiff-based Composite Legal Expenses has reached the regional finals (Wales and the West Country) in the Business of the Year category in the 2004 National Business Awards.
St Paul International rated Excellent by A.M. Best
Ratings agency A.M. Best has affirmed the A (Excellent) financial strength rating of St Paul International Insurance Company (London). The rating has been removed from under review and assigned a stable outlook.
Hiscox launches combined PI package
Hiscox Insurance Company has launched a new combined office and liability package for the office-based professional, following a successful pilot scheme.
White Mountains completes Sirius deal
White Mountains Insurance Group has announced that it has completed its acquisition of the Sirius Insurance Group and its subsidiaries, Sirius International Insurance Corporation, Sirius America Insurance and Scandinavian Reinsurance.
Insurance crisis grips football, claims broker
Top football clubs are still risking multi-million pound compensation payouts as insurers refuse to cover players who injure their opponents, insurance and legal experts have warned.
Moody’s affirms A- rating for Lloyd’s Atrium Syndicate
Moody's Investors Service has affirmed the A- rating of Lloyd's syndicate 570, Atrium Underwriters, with the outlook remaining stable.
Giles Insurance continues expansion with office openings
Broker Giles Insurance has opened offices in Manchester, Newcastle and Warwick in a £750 000 investment, following recent acquisition of Hamroy Insurance Development and its sister company Hamroy Financial Services.
Duffin to head up Heath Lambert operations
Broker Heath Lambert has announced the appointment of Barry Duffin as operations director, heading the group's select business unit.
UK at risk from floods, says study
A new study by the UK government has claimed that unless more resources are given over to flood defences, the UK will face serious flooding in the future.
NU ties up multi million motor deal
Norwich Union has been chosen by Daimler Chrysler Services Insurance Solutions as its sole provider of motor insurance.
Aquilo announces disappointing operational results for 2003
Aquilo has announced disappointing operational results with a loss of £1,794,066 for the year ended 31 December 2003 but said 2003 was a transforming year for the Group in terms of implementing its business strategy and laying the foundations for growth.