News
Swiss Re hit by $9.6bn holding of Fannie and Freddie debt
(BestWire) — reinsurance giant Swiss Re has disclosed it owns roughly $9.6 billion of corporate debt from troubled US government-backed mortgage lenders Freddie Mac and Fannie Mae.
Marsh appoints head of affinity development
Marsh has appointed Alastair Burns as head of affinity development and client management, a part of its global consumer connexions UK team.
Assurant Solutions teams up with Irish Brokers Association
Assurant Solutions, a specialist in creating, underwriting and administering creditor insurance products, has partnered with the Irish Brokers Association (IBA) in an exclusive deal to develop payment protection products in Ireland.
Retail Distribution Review criticised by Skandia
Skandia has said that the outcome of the Retail Distribution Review (RDR) should be applied to the entire financial services market in order to avoid customer confusion about the type of advice or service they are paying for.
Legal & General to use improved protection tool to help advisers increase profitability
Legal & General has launched a new tool to analyse the sales performance of advisers.
Pick of the week
Post editor Jonathan Swift looks at the major stories from the general insurance market. This week: p...
Pressure for EL database grows as MPs 'pray' for records U-turn
Pressure to form a national database of employers' liability policies is likely to be stepped up aft...
Credit crunch forces rating withdrawal
Irish insurer Quinn has said it is confident its UK customers will recognise its strengths after pul...
Heath's artistic move
Heath Lambert's specialist fine art broker, Blackwall Green, has released a new product covering all...
Aviva U-turn as offshoring business is sold in £115m deal
Aviva has revealed it has no plans to create more offshore centres in other countries, following a U...
Lawyers circle as pleural plaques fund is discussed
Claimant lawyers are already calling for people diagnosed with pleural plaques to register personal ...
Helphire CEO to retire
Mark Jackson, Helphire chief executive officer and a founder of Helphire (pictured) has informed the...
Brit opens Reading centre
Brit Insurance Holdings has opened a new permanent underwriting centre in Reading. The team is led b...
VP pulls in subsidiary to boost UK broker business
Venture Preference chief executive officer Stuart Reid has said the Axa subsidiary will look to stre...
Start-up heralds "new maturity" in SME market
A duo of senior industry figures have launched a new business continuity and insurance service provi...
Bird takes claims role
Groupama Insurances has announced that Phil Bird, currently non-motor and small to medium-sized ente...
Penny black's insurance week
Having secured a healthy amount of commitment, the Association of British Insurers must have been ha...
Appointment at Willis
Willis International Holdings has recruited Margo Black as chief executive officer for its reinsuran...
Buyers eye Cobra bid
Cullum Capital Ventures and Giles are still being tipped as the companies likely to move for the Cob...
Allianz picks up NI slack as Zurich bails out
Allianz will take on the bulk of claims in Northern Ireland for the Motor Insurers' Bureau after Zur...
Appointment at RTI
Les Chapman has been appointed chief operating officer of RTI, London. Mr Chapman, formerly based in...
Adjuster strikes tie-up with Jamaican firm
Glasgow-based catastrophe loss adjuster Amedeo has struck a deal with a Jamaican claims specialist. ...
Appointment at EMR Europe
EMR Europe has promoted two of its Folkestone-based team to assistant healthcare manager. Fiona Love...
Arista opens office after positive response
Arista will open a new office in the South-east following a positive response from brokers in the re...