News
Osborne outlines UK recovery plan
Shadow Chancellor details the eight benchmarks against which it hopes its success to be judged if it wins the upcoming election.
First Assist agrees ASU deal with Home & Protect
First Assist has been appointed to provide accident, sickness and unemployment products to Towergate arm and its network of advisors.
CIFAS reveals 55% increase in false insurance claims
The UK's fraud prevention service CIFAS has revealed a 9% increase in the overall level of fraud in 2009 compared to 2008.
Environment Agency backs new flood test centre
Simulator aims to recreate the devastating effects of a flood to test products designed to defend homes, businesses and people.
Former AIG vice president takes new non-exec role
Phil Green joins the Wesleyan Assurance Society board.
Former AIG vice president takes new non-exec role
Phil Green joins the Wesleyan Assurance Society board.
Munich Re's profits jump in 2009
Munich Re has reported that its profits rose to €2.56bn in 2009 from €1.58bn in 2008. The Germany-based reinsurance giant's fourth quarter profit also grew substantially, jumping to €0.78bn from €0.11bn in the fourth quarter of 2008.
Munich Re's profits jump in 2009
Munich Re has reported that its profits rose to €2.56bn in 2009 from €1.58bn in 2008. The Germany-based reinsurance giant's fourth quarter profit also grew substantially, jumping to €0.78bn from €0.11bn in the fourth quarter of 2008.
RGA profits improve
Reinsurance Group of America, the US life reinsurer, reported a substantial improvement in fourth quarter and yearly profits.
2010 to be a year of 'profitable stagnation', says Thiele
Partick Thiele, the chief executive of PartnerRe, has said that 2010 will be a year of "profitable stagnation", providing that no major catastrophes arise.
OFT considers Marsh and HSBC deal
The Office of Fair Trading has issued an invitation to interested third parties to comment on Marsh's planned takeover of HSBC Insurance Brokers.
Neste Oil to receive EUR 47.5m from reinsurers
Finnish oil refining company Neste Oil has announced that it will receive 47.5m euros from a syndicate of reinsurers following a fire at a refinery in April 2008
Neste Oil to receive EUR 47.5m from reinsurers
Finnish oil refining company Neste Oil has announced that it will receive 47.5m euros from a syndicate of reinsurers following a fire at a refinery in April 2008
Claims firm becomes Biba associate member
Nicholas Balcombe said his firm would bring Biba members highly skilled negotiation and claims management skills.
Paymentshield to match competitors
Paymentshield has launched a new price match facility on its Best Quote Buildings & Contents Insurance site.
Allianz household range goes live
Allianz Retail’s broker household product range, Allianz Clear, will be launched to over 500 Insurecom software users this month, forming the next stage of the range’s roll-out to Allianz Retail’s broker network.
Insurers given access to escape of water and accidental/malicious damage models
Experian has launched three new Perils models, providing insurance companies with greater insight into a household's level of exposure to escape of water, malicious damage and accidental damage.
QBE: shock findings show a third of SMEs would go direct
Terry Whittaker says work needs to be work to be done to explain value of brokers.
US projected to fall to $1.56trn deficit
The United States will project on Monday that it is budgeting for a $1.56trn deficit for 2011, reports have said.
General aviation recruits join Aon
Aon has made six new appointments to its general aviation team, specialising in industrial aid and commercial aircraft.
Drivers reluctant to turn to public transport shows study
Almost four in five UK drivers would refuse to give up their cars in favour of public transport even it was improved, research from Kwik Fit Insurance has revealed.
Torus appoints group CRO
Torus has appointed Carl Groth as group CRO.Based in New Jersey and reporting to chief executive Clive Tobin, Mr Groth will drive the development of a comprehensive and integrated enterprise risk management programme for the group worldwide.
NIG to launch new products with Powerplace
NIG has chosen Powerplace as the platform from which to launch its new range of tradesman insurance and professional insurance products.
Co-op agrees new deal with Parabis
The Co-operative Insurance has selected Parabis to handle all of its volume third party bodily injury claims and litigation following a review of suppliers.