News
Hyperion boss Howden: we are on track to hit £100m by 2012
Insurance group Hyperion reports an operating income of £57.2m and EBITDA (excluding exceptional items) of £8.8m for the 12 months ended 30 September 2009, up 19% and 7% respectively on last year.
Kwik Fit Insurance sales hit all time high
Kwik Fit Insurance sold more policies to new customers in one day last week than it has sold in a single day since the company was established in 1995.
Lloyd's outlines two-year strategy
Maintaining and developing the attractiveness of the Lloyd’s market are the central themes to a review published today by Lloyd’s.
Aon reports drop in UK revenue
Aon has reported that UK organic revenue decreased 9% in the final quarter of 2009 due to weak economic conditions, soft pricing and lower new business.
Aon reports drop in UK revenue
Aon has reported that UK organic revenue decreased 9% in the final quarter of 2009 due to weak economic conditions, soft pricing and lower new business.
Qatar General Insurance and Reinsurance results slide
The Qatar (re)insurer has reported that net underderwriting revenue for 2009 declined by QAR8.59m
Compre opens new Swedish operation
Compre Group has opened a new service company Compre Services (Sweden) AB with offices in Malmö and Stockholm.
Compre opens new Swedish operation
Compre Group has opened a new service company Compre Services (Sweden) AB with offices in Malmö and Stockholm.
Cheatline calls increase reports IFB
The Insurance Fraud Bureau has seen website figures and Cheatline reports figures rise significantly during 2009.
Bridgewater House director receives FSA ban
A director of general insurance and mortgage firm Bridgewater House has received a ban from the Financial Services Authority for failing to comply with client money rules.
Fitzgerald and Adjusting Solutions join forces
A working agreement has been established between insurance claims company Fitzgerald Consulting and loss adjuter Adjusting Solutions, led by Tom Battell and David Martin.
Zurich proposes new director
Josef Ackermann is expected to be elected to the board of directors of Zurich Financial Services on 30 March at its 2010 AGM.
Zurich proposes new director
Josef Ackermann is expected to be elected to the board of directors of Zurich Financial Services on 30 March at its 2010 AGM.
Aviva in Polish online push
Aviva Poland has launched an online short-term travel insurance product aimed at people who are planning a single trip outside Poland.
Aviva in Polish online push
Aviva Poland has launched an online short-term travel insurance product aimed at people who are planning a single trip outside Poland.
Aviva Spain merges websites
José Manuel Jiménez, Aviva Spain's marketing manager, said: "This website brings major advantages for users."
Aviva Spain merges websites
José Manuel Jiménez, Aviva Spain's marketing manager, said: "This website brings major advantages for users."
FSA bans "incompetent" director over client money failure
Matthew Sixsmith was the director of Bridgewater House UK, which dealt mainly in the sub prime mortgage market, but also arranged life and critical illness insurance in connection with those mortgages.
Merlin opens new service centre
Merlin Professional Claims Services has opened a dedicated hub in Manchester to support its total claims management service.
Citymain completes Burnett & Associates acquisition
Specialist insurance provider Citymain has finalised its acquisition of IT firm Burnett & Associates.
Lloyd's firm merges syndicates
Jubilee Managing Agency has combined its motor Syndicate 1231 and property and personal lines Syndicate 5820 for the 2010 year of account.
AIG unit CEO to retire
AIG's aeroplane leasing unit International Lease Finance Corporation (ILFC) said that its CEO Steven F. Udvar-Hazy will retire as director and chief executive officer is to retire.
Berkshire Hathaway loses 'AAA' rating
Berkshire Hathaway, Warren Buffett's giant investment vehicle, has had its 'AAA' rating removed by Standard & Poors.
Scottish Lion appeal bid allowed
The Lords of the Scottish Appeal Court has allowed the appeal by Scottish Lion Insurance against the judgment of Lord Glennie on whether it would ever be fair for a court to sanction a solvent scheme in the face of creditor opposition.