News
Former NU director joins MMA
Intermediary only insurer MMA Insurance appointed John Seaton, a former director of Norwich Union, as underwriting director.
Ram Re downgraded by S&P to 'AA' from 'AAA'
Ram Holdings, the financial guaranty reinsurer, has seen the financial strength and financial enhancement ratings on RAM Reinsurance (RAM Re) downgraded from 'AAA' to 'AA' with a negative outlook, a move that it said could trigger termination clauses as…
Markel awarded fraud judgment in its favour
Markel International Insurance Company has been awarded a judgment in its favour in the Commercial Court in London in respect of litigation it commenced against Tim Higgins, Barry Williams, Cliff Felstead, Ralph Brunswick, the individuals behind Surety…
Zurich announces redundancies as part of cost cutting drive
Zurich has revealed that it will be making a number of redundancies after revealing plans to cut its cost base by 10% by the end of the year.
Consolidator reports growth in revenue
Jelf has reported a 49% growth in revenue to £25m in its interim results for the six-month period ending 31 March.
ABI concerned that CC proposals could destroy PPI market
The Association of British Insurers has voiced concerns on the Competition Commission’s latest report on payment protection insurance.
PPI consumers overcharged by £1.4bn a year - Competition Commission
The Competition Commission’s long-awaited report on the selling of Payment Protection Insurance has found provisionally that customers are being overcharged by as much as £1.4bn a year.
Benfield invests $20.5m in Globe Re sidecar
Reinsurance broker Benfield has revealed it has made a cash investment of $20.5m into Globe Re, the Hannover Re property Cat sidecar launched on June 1st.
Atrium bags former Equitas boss for non-exec role
Lloyd's (re)insurer Atrium is has appointed Scott Moser as non-executive director of both Atrium Underwriting plc and Atrium Underwriters Limited.
Cooper Gay opens Miami office
Cooper Gay, the UK broker, has opened a new facultative and treaty reinsurance broking operation in Miami.
Square mile racers prepare for madcap Anglo-French rally
Wacky racers in EC3 are decorating their cars in preparation for a charity rally from London's Lime ...
Responsible business policies can help with recruitment and retention problems
If this year's National Management Salary Survey is anything to go by, insurance organisations need ...
Admiral celebrated as best FS firm in UK
Admiral has been named as the country's best financial services company to work for. The insurer ca...
Smart casual has the answer
The 'smart casual' dress code is becoming increasingly popular, with most employees putting on their...
Pick of the Week
Reporter Alwynne Gwilt looks at the week's major general insurance news. This week: a trio of industr...
Mixed messages on Solvency II deadline
Final responses for amendments to Member of European Parliament Peter Skinner's report on Solvency I...
School premiums slashed
A south London borough has managed to reduce insurance premiums in its schools after tightening up s...
Broker reveals new hire
Guy Carpenter has appointed Andrew Marcell to lead its Americas broking operations. He will replace ...
AMG rebrands business arms
Loss adjusting group AMG has rebranded all parts of its business under the name Merlin Professional ...
Appointment at BLG
Barlow Lyde and Gilbert has promoted eight of its associate directors to partners: Neil Beresford, P...
Pleural plaques question
Stuart McMillan MSP has confirmed the Scottish government's intention to overturn last year's House ...
Ex-Willis and Axa bosses back new online SME launch
A trio of industry big hitters have thrown their support behind a new online company that aims to re...
Iqbal Gelu joins Principle
Iqbal Gelu has left Sterling Insurance to pursue a career with Principle, the UK's first Shariah-com...
Appointment at RMS
Matthew Grant has been appointed group executive of global client development at Risk Management Sol...