News
What the papers said this week
Daily Echo: Dorset Business Small business owners are leaving themselves open to potentially crip...
Aggregator swoops
Compare the Market has added Ecar, Swinton, Bullseye and AIG Direct to its panel. Jeremy Moll, comme...
Arista recruits Ball
Commercial lines underwriting operation Arista Insurance has appointed Andrew Ball as schemes manage...
RSA keeps on trucking
RSA has launched a new freight product for road haulage contractors with a turnover exceeding £1m an...
Amlin buys £20m rights
Lloyd's insurer Amlin's Syndicate 2001 has acquired for cash the renewal rights to £20m worth of gen...
NU joins Direct Fleet
Fleet insurance auction website Direct Fleet has added Norwich Union to its panel. The insurer joins...
Lords rule on landmark cases
The House of Lords has delivered its judgment in the conjoined appeals of Van Colle v Chief Constabl...
Heath Lambert to add five in regional push
Heath Lambert has outlined plans to add as many as five new general insurance broking locations to i...
Appointment at Aon
Aon has recruited Mark Chessher as chief financial officer of Aon and Aon Risk Services. He replaces...
Appointment at Assurant
Assurant Solutions has appointed Steve Ebbett as head of channel and product development. He joins A...
HBoS declares 64% surge in GI profit
Halifax Bank of Scotland has revealed its general insurance profit leapt by 64% to £176m in the firs...
QC applauds 'rational' bouncy castle U-turn
The Court of Appeal's decision to overturn a ruling that held parents responsible for an accident on...
Appointment at Glacier
Glacier Insurance has promoted Tim Hofmeister to managing director, Germany. He will be based in the...
XL Capital clarification
Bond insurer XL Capital Assurance, a subsidiary of Security Capital Assurance, was downgraded by rat...
Appointment at Wesleyan
Wesleyan Assurance Society has appointed Andrew D'Arcy as director of general insurance. He joins We...
Sierra Leone office aid
Two huge containers packed full of redundant office equipment, furniture and hardware are on their w...
Appointment at Arista
Rachel Bryant has joined Arista as a senior underwriter after a 15-year tenure at RSA. She leaves th...
Claims experience as important as price, suggests survey
Six in 10 people who have claimed on their household insurance consider their claim experience, and not just competitive pricing, when renewing ther policy, according to a recent survey commissioned by claims processing company Comet Replacement Services.
Collins hires senior Southeastern US broker from Aon Re Global
Collins, the US property-casualty, life, and accident & health (re)insurance broker, announced that it has hired senior vice-president Kevin Knudson from Aon Re Global.
Pick of the week
Reporter Louise Meeson and supplements and online editor Stephanie Denton look at the major stories from the general insurance market. This week: Insurance chiefs denounce commissions that top 30%; Aon suspends three staff pending investigations; IFB…
Polaris appoints Chris Hanks as chairman
Chris Hanks, general manager of Allianz Commercial, has been appointed chairman of technology provider Polaris.
$540m goodwill charge sends MMC to $145m net loss in H2
Marsh and McLennan, the financial services company that owns Marsh and reinsurance broker Guy Carpenter, said a goodwill charge of $540m sent it into a net loss of $145m in the first six months of the year, compared with net income of $445m last year.
The 2008 Reinsurance Magazine Power List
Below are the rankings for Reinsurance Magazine's 2008 power list. 2007 rankings are in brackets. The list details who - in Reinsurance's opinion - are the top 20 movers and shakers in the (re)insurance market (from brokers to underwriters to buyers),…
Sales on the rise for Standard Life Healthcare
Standard Life has reported a 27% increase in healthcare sales, worth £14m, for Q2, according to its market 2008 Interim results, released this morning.