News
Appointment at Groupama Healthcare
Pete West has been appointed key account manager at Groupama Healthcare. Mr West, who joins from SPS...
Capita secures three-year Lloyd's insurer deal
Capita Insurance Services has signed a three-year contract with Chaucer Syndicate 1084 to provide it...
Admiral targeted in online broker push
The Institute of Insurance Brokers has singled out direct insurers such as Admiral as legitimate tar...
Appointment at Wilby
Wilby has made Richard Blackburn managing director. He was previously with Jardine Lloyd Thompson wh...
Airlines get terrorism cover
Aviation insurers will cover airlines against terrorist attacks involving weapons of mass destructio...
Fusion hires two technical underwriters
Fusion's London market presence has been bolstered with the hiring of two technical underwriters. Pa...
Aon reports static second quarter 2006 profit
Aon reported its second quarter 2006 profit was virtually static at $193m (£101.3m), compared to $19...
Hiscox overhauls claims operations
Hiscox is beginning a "radical overhaul" of its claims processes with the insurer's London market op...
Competition - Win cricket tickets
Post Magazine has teamed up with Brit Insurance to offer four pairs of ground tickets to the England...
Claims regulation to boss 120 firms
Only 120 firms are likely to seek regulatory authorisation under the Compensation Act, in marked con...
What the papers said this week
The Scotsman Swiss Re has made moves towards a bid for Scottish Widows, the insurance arm of Lloyds...
Appointment at Allianz Cornhill
Allianz Cornhill has appointed Mark Pugh as head of product management for ACP Direct. Mr Pugh has e...
Bad dog
Hiscox and Royal and Sun Alliance will foot a bill of up to £500,000 for the destruction of antique ...
Home insurance on thin ice over margins
Home insurance could be in danger of imitating the motor market in years to come, with wafer-thin ma...
Axa boss sees future for 2 to 3 multi-year policies
Axa UK may consider offering multi-year policies as part of its drive to forge closer relationships ...
ILV results expected to be hit
Many of Lloyd's' stock market listed insurers could see a fall in their first-half performance from ...
Marsh revenues declined 6% in second quarter
Marsh revenues declined 6% in the second quarter of 2006 to $1.1bn (£577.3m), or 4% on an underlying...
Appointment at Perkins Slade
Sally Del Principe is to head up a new credit division for Perkins Slade. Ms Del Principe founded Cl...
Guy Carp opens shop in Taiwan
Guy Carpenter has announced that it has opened a new office in Taipei, Taiwan,
Boucher to retire from Endurance Worldwide
Mark Boucher, CEO of Bermudian (re)insurer Endurance's London subsidiary, Endurance Worldwide, has decided to retire from Endurance effective from January 7, 2007.
Equity buys again
Equity Insurance Group has acquired Grantham broker SMTK, its 15th purchase in nine months.
Keelan Westall adds another insurer to panel
Hampshire broker Keelan Westall has added Brit Insurance to its panel of insurers, claiming it will allow it to expand its offering to a wider range of trades.
AWAC puts in strong maiden figures
In its first results since its recent NYSE IPO, Bermudian (re)insurer Allied World Assurance Company (AWAC) has reported an increase in net income, a falling combined ratio and favourable prior-year reserve developments.
Quanta credit default looms on 11th August
Troubled Bermudian (re)insurer Quanta Holdings has reported financial results for the second quarter showing falling book value, a net loss of $42.9m and a looming credit default triggered by the company’s downgrading by rating agency, AM Best.