News
SVB losses top £110m
Lloyd's insurer SVB reported technical profits of £65.0 million (2003: £68.9 million) and operating profits of £46.7 million (2003: £56.7 million) on its continuing business. However, including discontinued business the insurer's loss before tax was …
FSA seeks views on regulations of financial engineering
The Financial Services Authority is considering whether the most effective way to regulate firms' use of financial engineering is through greater disclosure.
Swiss Re profits up
Swiss Re’s net income increased to 2.5bn Swiss Francs in 2004. According to the company all three business groups contributed to a strong performance and an excellent 5.8% return on investments further enhanced Swiss Re’s 2004 earnings.
Highway premiums rise 34%
Motor insurer Highway has reported net earned premiums in 2004 rose to £225.6 million against £168.0 million the previous year.
Cornhill wins its third accreditation from CII
The Chartered Insurance Institute has awarded Allianz Cornhill's underwriting academy the industry's...
Amicus urges Aviva caution
Financial services union Amicus has urged Aviva not to make any compulsory redundancies if its £1.1b...
Path to Success: Risk Management
Scott Cleland, risk and insurance manager at Glaxo Smith Kline, reflects on his career to date
Insurance Age shortlisted for PPA Magazine of the Year
Insurance Age has been shortlisted in the Monthly Business and Professional Magazine of the Year category in the prestigious Press and Periodical Association Awards for editorial and publishing excellence 2005.
First Assist forges new healthcare partnership
Health and wellbeing specialist, FirstAssist, is forging a new partnership with Premier Occupational Healthcare, one of the UK’s leading occupational health solutions providers.
Brokers "smothered" by regulations, says new Mazars survey
The insurance broking industry feels smothered by the process of regulation, continues to consolidate and has been disappointed by the promise of technology, says Mazars’ third Insurance Broker Survey, published today in association with the British…
NU launches property guide for brokers
Gaining a competitive edge in the property insurance market has been made easier for brokers with the launch of a new guide from Norwich Union.
Stuart Porter intends appeal
Broker Stuart Porter intends to appeal against two convictions of making and two convictions of usin...
Britannia set to acquire after MBO
Risk management specialist National Britannia Group is planning an acquisition spree following a £25...
Benfield plans primary push
Reinsurance specialist Benfield Group is planning to expand its primary broking capabilities in the ...
Marlbrough Stirling acquired
Insurance software specialist Marlbrough Stirling has been acquired by Vertex Data Science - a subsi...
Appointment at Primary Broker Services
Primary Broker Services has appointed Janice Whitelock as senior underwriter to its new regional bas...
MP slams insurance overselling
Liberal Democrat spokesman Vince Cable slammed the over-selling of mortgage protection insurance dur...
75% use internet to buy insurance
More than three-quarters of home and motor insurance customers use the internet to research the mark...
Agencies come under fire for inflated costs
Medical reporting agencies were this week attacked for the inflated rates that they charge insurers....
Compensation delivery must be improved
"There has to be a better way of delivering compensation", Duncan Boyle, UK chief executive of Royal...
NU RACks up size
News Analysis
Lloyd's questions Pool Re's terror definition
London Market News
Appointment at Carvill
Carvill has made David Thomas its new managing director. Mr Thomas has worked for the company for 24...
Appointment at KPMG
Justin Musson and Yvonne Flachsmann have joined KPMG's corporate insurance advisory team. Mr Musson ...