News
Wilma’s threat recedes?
The oil market was relieved at the perhaps receding threat from Hurricane Wilma as according to forecasters, Wilma is expected to miss the Gulf of Mexico oil and gas facilities. This includes U.S. oil production sites in the Gulf of Mexico and inland…
AIG board makes changes
American International Group (AIG) has announced that its Board of Directors has adopted two additional corporate governance guidelines.
Cobra unveils new group structure
Broking group Cobra today announced a new operating structure to capitalize on future growth. The company said it is close to two deals with a further nine in the pipeline.
RIMS survey highlights premium falls
Commercial insurance premiums took a sharp downward turn in the third quarter of 2005, according to the RIMS Benchmark Survey of corporate risk managers.
Hurricane Wilma predicted to reach Florida by weekend
On the evening of Wednesday 19 October, Hurricane Wilma reached a top speed of 160 mph, topping the threshold for a Category 5 storm, writes Lauren Cole. The hurricane was earlier that day predicted to cause devastation to south-west America, at that…
Exeter capped liabilities on shared care
Specialist Private Medical Insurer, Exeter Friendly Society has announced that it has capped the liabilities on its co-payment plan, Shared Care. Exeter made these changes following feedback from both intermediaries and its members.
Marsh chief: collaborate to create client value
Marsh's Europe and Middle East ceo and president, Bruce Carnegie-Brown, has urged the insurance industry to collaborate to increase client value. Speaking at the Insurance Institute of London's London Market Address, Mr Carnegie-Brown said three…
IIB calls foul over FSA proposal
The Institute of Insurance Brokers said today it was "extremely alarmed about proposals the Financial Services Authority is making, which, if adopted, would have the effect of depriving consumers of vital information when dealing directly with insurers."
Wilma heading north
Officials in Mexico, Cuba and Florida have started evacuating thousands of people from areas threatened by Hurricane Wilma, the strongest hurricane ever recorded.
Globale Re run-off troubles continue
The year 2004 was the latest in a series of difficult business years for Globale Re, which has been in run-off since 2002.
Aviva to sponser world record breaking attempt
Aviva, the parent of Norwich Union, is to sponsor Dee Caffari in ‘The Aviva Challenge’. Her bid is to sail solo, non-stop around the world and if she succeeds, Ms Caffari will become the first woman to achieve this feat, setting a new world record.
Around the world
Adjusting Qualifications
Gulf of Mexico braces itself for another tropical storm
The Gulf of Mexico is bracing itself for another tropical storm. Hurricane Wilma was ploughing north...
Appointment at Old Mutual
Old Mutual has appointed Bob Head as group director, southern Africa. Mr Head is currently group hum...
Annual Conference and Round Table - Twambley: we are unfairly targeted
Claimant lawyers are being unfairly targeted by certain elements of the national media, according to...
GAB in UK boss upheaval
Loss adjuster GAB Robins this week insisted it was business as usual, despite the sudden loss of it...
Annual Conference and Round Table - Headline sponsors
Berrymans Lace MaWer: BLM is a national and international law firm, providing legal services to insu...
New Bill cracks down on ATE
The government is considering a crackdown on intermediaries selling after-the-event insurance when ...
Annual Conference and Round Table - Zurich calls for further public education
Insurers need to introduce ridged structures and educate the public, in order to stop the compensati...
Events
19-20 October FM Global Client Seminar - Managing Projects to Minimise Risk Dublin, Ireland E-mai...
Annual Conference and Round Table - Property: levy proposal
Insurers are in danger of becoming purely risk handlers if they do not improve their claims handling...
Appointment at Axa
Axa has appointed Hazel Hodge as strategic partnership manager with direct responsibility for establ...
Broker targets £100m by 2008
Fleet motor specialist J&M Insurance Services has acquired One Stop Insurance as part of its contin...
Appointment at James Chapman and Company
James Chapman and Company has expanded its team of solicitors, with the appointment of four recently...