News
Biba: brokers will have to change if ELIB introduced
The British Insurance Brokers’ Association has responded with support to the Financial Services Authority consultation paper for the new Employers’ Liability Insurance Database, operated by the Employers Liability Tracing Office.
FSA enters agreement with US regulator
The Financial Services Authority and the US Financial Industry Regulatory Authority have entered into a memorandum of understanding to support more robust cooperation between the two regulators.
QBE boss acclaims "leading edge" property underwriting deal
QBE has developed a combined rating and geographical risk system which it claims will help its property underwriters deliver more accurate pricing for clients.
Aon warns food industry of walking "blindly" into China media storm
Businesses in the EU involved with importing or selling food and beverage products from China are walking, often blindly, into a potential legal and media storm, according to Aon.
Travel premiums set for "unthinkable" increase of over 20%, claims broker
Insurers are forcing through "previoulsy unthinkable" rate increases of over 20% in the travel insurance market, it has been claimed.
Karl wreaks havoc in east of Mexico
Hurricane Karl made landfall around 11:30am on 17 September local time, just to the north of the port city of Veracruz on the east Mexican coast.
IAG: 2011 to remain “challenging” in UK
Insurance Australia Group has predicted it will encounter further struggles in the UK market in 2011, as the insurer’s UK division aims to recover from a disappointing 2010.
Home & Legacy seals Lloyds deal
Home & Legacy has entered an agreement with Lloyds TSB Insurance Services to provide personal home and motor insurance to its private banking customers.
Swiss Re: insurance can help reduce climate risk impact by up to 90%
Innovative insurance solutions hold the key to driving climate adaptation initiatives in the developing world and securing the development prospects of communities threatened by rising climate risks.
Quinn now closed to interest
The deadline for expressions of interest in Quinn Insurance closed yesterday, the Irish Times reports.
Aon warns food industry of walking "blindly" into China media storm
Businesses in the EU involved with importing or selling food and beverage products from China are walking, often blindly, into a potential legal and media storm, according to Aon.
Swiss Re: insurance can help reduce climate risk impact by up to 90%
Innovative insurance solutions hold the key to driving climate adaptation initiatives in the developing world and securing the development prospects of communities threatened by rising climate risks.
Tysers on the move
Lloyd’s broker, Tysers, has announced that the company is moving out of its office on Camomile Street, where it has been conducting business for the last 28 years.
HFW opens Geneva office
Following recent investment in Asia-Pacific and the Middle East, Holman Fenwick Willan is set to open an office in Geneva in early October.
HFW opens Geneva office
Following recent investment in Asia-Pacific and the Middle East, Holman Fenwick Willan is set to open an office in Geneva in early October.
2009's top-25 reinsurance groups
Ranked by new written premiums (NWP)
MDS acquires Brazilian broker
Iberian and Latin American insurance broking group MDS Holdings has acquired broker Quorum Saude, Seguros e Previdência.
Collins Solicitors responds to Lord Young’s review
Des Collins, senior partner of Collins Solicitors, has responded to the predicted conclusion of Lord Young's review.
Lloyd's insurer Chaucer raids Willis for new COO David Mead
Lloyd's insurer Chaucer Holdings has appointed David Mead as chief operating officer of Chaucer Syndicates, Chaucer's Lloyd's managing agency and main operational subsidiary, from 1 November 2010.
MDS acquires Brazilian broker
Iberian and Latin American insurance broking group MDS Holdings has acquired broker Quorum Saude, Seguros e Previdência.
Lloyd's insurer Chaucer raids Willis for new COO David Mead
Lloyd's insurer Chaucer Holdings has appointed David Mead as chief operating officer of Chaucer Syndicates, Chaucer's Lloyd's managing agency and main operational subsidiary, from 1 November 2010.
Apollo and CVC make new offer for Brit
Brit Insurance has received a new offer of £10.75 per share on cash from a consortium consisting of Apollo Management and funds advised by CVC Capital Partners.
Apollo and CVC make new offer for Brit
Brit Insurance has received a new offer of £10.75 per share on cash from a consortium consisting of Apollo Management and funds advised by CVC Capital Partners.
CBG enters partnership with Daresbury
CBG Group has entered a collaboration with Daresbury Science and Innovation campus.