News
Aon earmarks Dubai operation
The Dubai International Financial Centre has announced a new Federal Law allowing financial free zones to be established within the United Arab Emirates.
Aspen Re appoints new Finance Director
Aspen Insurance Holdings has promoted Ian Campbell to the position of finance director of Aspen Re and appointed him to the board.
Biba appoints regulation and compliance manager
The British Insurance Brokers’ Association has appointed Steve White to head up a new facility for brokers, as regulation and compliance manager.
Swiss Re predicts broker consolidation
The global broking market remains fragmented despite the size of the four largest firms and further consolidation can be expected according to a the new Swiss Re sigma study: ‘Commercial insurance and reinsurance brokerage – love thy middleman’. The…
Moody's lowers Travelers debt ratings
Moody’s has lowered the debt ratings of Travelers Property Casualty.
Lords' decision on stress at work case fails to end debate
The House of Lords has today affirmed the principles enunciated in the Court of Appeal decision in Hatton v Sutherland [2002] 2 All ER 1, but reversed the decision in the individual case under review.
Non-executive director appointed for ACE INA UK
ACE European Group has appointed Davida Marston as non-executive director of its UK registered company ACE INA UK.
Atrium syndicate 609 upgraded by Moody's
Moody’s Investors Service has upgraded the performance rating of Atrium Underwriting's syndicate 609 to A (Very Good) following the conclusion of a review for possible upgrade instigated earlier this month. A stable outlook has been assigned to the…
Markel Syndicate 3000 upgraded by Moody's
Markel International's Lloyd's syndicate, Markel Syndicate 3000, has been upgraded to B+ 'above average', with a stable outlook assessment, by Moody's Investor Services.
US Congress hears RIMS testimony
Janice Ochenkowski, vice president of the Risk and Insurance Management Society (RIMS) has testified before Congress on the need for a streamlined insurance purchasing process in the US.
AA attacks uninsured drivers
Most uninsured drivers don’t bother with insurance because they believe they have a good chance of getting away with it, according to AA Insurance.
Brokers get instant access to PI quotes
More brokers will be able to get instant access to professional indemnity quotations following PI Connect’s announcement today of its new web-based quotation system.
IPO values Catlin at US$1bn
Catlin Group, has announced an offer price of 350 pence per share for its initial public offering of common shares and their admission to trading on the London Stock Exchange.
Insurance group to consider UK listing
Personal lines specialist Link's parent, Caribbean insurance giant Guardian, is considering a UK lis...
New demands from FSA
New demands from the Financial Services Authority are top of the list of regulatory concerns for the...
A blacklist for subsidence
The possibility of insurers blacklisting areas of the UK due to their susceptibility to subsidence c...
Broker Wood Insurance transfers taxi insurance scheme
Broker Wood Insurance has transferred its taxi insurance scheme to a CDL operating platform in a bid...
Appointment at Lockton Companies
Richard Colton has become chairman of privately owned broker Lockton Companies' mergers and acquisit...
Eurobase in PL launch
Software supplier Eurobase has announced that its Synergy accounts and administration system for und...
Cooper Gay opens new office in Santiago
UK-based reinsurance broker Cooper Gay has announced the opening of a new office in Santiago, Chile,...
Insurers targeted to fill new Indian centre
Up to 1000 insurance jobs could be outsourced to India at a new Supersight Ceequence call centre in ...
UK insurers wasting money in document production says report
UK insurers are wasting around EUR470m (£315m) in document production by not outsourcing, according ...
Hiscox agrees Marlborough renewal deal
Hiscox has reached an agreement with Marlborough Underwriting Agency, a wholly owned subsidiary of B...
Appointment at Aon
Aon has employed a former Heath Lambert capital markets team to staff its new capital advisory team....