News
Biba establishes working group to tackle PMI tax
The British Insurance Brokers’ Association is set to establish a working group to tackle the issue of personal tax on private medical insurance.
UIB boosts marine division
Insurance broker UIB has appointed Philip Levers as cargo divisional director.
Over five million households in the UK have no home insurance
Research by the Co-operative Insurance and housing and homelessness charity, Shelter, has revealed that over a fifth (5.41m) of households in the UK have no insurance protections in place.
Munich Re acquires Windsor Group
German reinsurance firm Munich Re has agreed to acquire Windsor Health Group.
Former PWS chief executive jailed for 21 months
Julian Messent, the former chief executive of broker PWS International, has been jailed for 21 months after admitting making or authorising bribes totalling $2m.
Munich Re acquires Windsor Group
German reinsurance firm Munich Re has agreed to acquire Windsor Health Group.
UK personal motor market to remain unprofitable until at least 2015
The UK personal motor market is to remain unprofitable until at least 2015, according to a survey of UK insurers by Tower Watson.
QBE set to cut four Evergreen staff as part of rebrand
QBE has confirmed it is to re-brand its December 2009 purchase Evergreen.
Brit reports 8.5% drop in GWP
Brit Insurance has reported an 8.5% reduction in gross written premium to £1.22bn for the nine-month period ended 30 September 2010 (3Q 2009: £1.33bn), a decrease of 9.0% at constant exchange rates.
Brit agrees cash offer with bidders
Brit Insurance has reached agreement with Apollo Management and CVC Capital Partners that will see the insurer’s shareholders receive up to £11 per Brit share.
Brit reports 8.5% drop in GWP
Brit Insurance has reported an 8.5% reduction in gross written premium to £1.22bn for the nine-month period ended 30 September 2010 (3Q 2009: £1.33bn), a decrease of 9.0% at constant exchange rates.
AIG CEO Benmosche says he "feels fine" after chemotherapy
AIG has announced that its president and chief executive officer, Robert H. Benmosche, has been diagnosed with cancer and is undergoing aggressive chemotherapy.
Brit agrees cash offer with bidders
Brit Insurance has reached agreement with Apollo Management and CVC Capital Partners that will see the insurer’s shareholders receive up to £11 per Brit share.
AIG CEO Benmosche says he "feels fine" after chemotherapy
AIG has announced that its president and chief executive officer, Robert H. Benmosche, has been diagnosed with cancer and is undergoing aggressive chemotherapy.
Tesco Underwriting appoints Rok
Rok has been selected by Ageas and Tesco Underwriting to be part of the panel providing building repair, claims management and validation services.
Allianz, BMW and Mini unveil tyre insurance product
Insurer Allianz and vehicle manufacturers BMW and Mini have joined forces to launch a new tyre insurance product.
NFU sales team joins Towergate
Towergate Risk Solutions has recruited four sales executives to its Glasgow business.
Hannover Re subsidiary anticipates stable prices in Germany
E+S Rück, which bears responsibility for German business within the Hannover Re Group, is predicting a stable environment in Germany in 2011.
Antares adds underwriter to treaty team
Lloyd’s managing agency Antares has appointed Fergus Reynolds as property treaty deputy underwriter.
Outgoing VFM MD 'will not be replaced'
VFM Services managing director Nick Sugden is set to retire after four years with the company.
Hannover Re subsidiary anticipates stable prices in Germany
E+S Rück, which bears responsibility for German business within the Hannover Re Group, is predicting a stable environment in Germany in 2011.
CCV buys two more brokers
Cullum Capital Ventures has completed two further acquisitions, with the purchase of Sussex-based Goodwood Insurance Services, and Bolton-based Standrings.
Torus boosts Swiss professional lines team
Torus has appointed Michael Kuprianczyk as a professional lines senior underwriter based in Zurich.
Torus boosts Swiss professional lines team
Torus has appointed Michael Kuprianczyk as a professional lines senior underwriter based in Zurich.