News
Unionamerica sale uncertainty.
The future of two Lloyd's syndicates looks uncertain, following St Paul's decision to close Unioname...
Fortis trades places.
Fortis Insurance has launched a new self-employed liability product for brokers, Fortis Semploy. Cov...
What the Papers Say.
THE EXPRESS UK Athletics has infuriated the World Anti-Doping Agency by not having the power to c...
Appointment at Weather Direct.
Outdoor events insurance expert Steve Warner has joined the recently-launched Weather Direct Insuran...
Southern comfort.
While foreign insurers are perturbed by the market structure of the South African life insurance sector, they can take comfort from the benefits offered by developments in the rest of the market, says Jutta Kreickemeier.
Hiscox covers losses outside Lloyd's
Hiscox has recorded a fall in group operating profit for the first six months of this year to £900 00...
Students learn value of cover.
Students have been warned about the importance of home and contents insurance, after two rival studi...
Survive expands.
Business continuity group Survive relocated to new larger premises this week. The new UK headquarter...
Testing pensions.
The Financial Services Authority introduced a new approach to test the financial viability of phase ...
Helphire set to sign deals.
Credit hire company Helphire, which last week issued a profits warning after a backlog of cases thro...
Metcalf new Brockbank CEO
Bermuda-based XL Capital has appointed Nicholas Metcalf as chief executive of its UK-based subsidiary...
Goshawk up as rates harden
Goshawk Insurance Holdings has recorded improved results for the first half of this year, with gross ...
MUM resurrects Cigna business with Ace backing
Ace Europe is to invest in a minority shareholding in new start up, Momentum Underwriting Management,...
EU directive to impact brokers
The European Commission published its long awaited draft directive on insurance mediation this week i...
Lloyd's goes for volume via Chatham
Lloyd's has confirmed that it will launch a new central service centre next year in Chatham, Kent. Th...
CGNU sells US arm for knock-down price
CGNU has sold its US general insurance business to White Mountains Insurance Group, for a knock down ...
XL Capital forms weather risk unit
Bermuda-based XL Capital has formed a unit to provide weather risk (re)insurance and financial produc...
Big premium rise for US reinsurers
A group of 33 members of the Reinsurance Association of America (RAA) wrote $12.3bn of property and c...
Green light for Trenwick merger
The shareholders of Trenwick Group, LaSalle Re and LaSalle Holdings have agreed to a merger of the bu...
Cox profits slump
Cox Insurance has recorded a pre-tax loss of £600 000 for the first six months of this year, down fr...
Members better than corporates at Lloyd's
Syndicates managed by members' agents have consistently out-performed corporate syndicates of Lloyd's...
Zurich Global Energy appoints reinsurance manager
Zurich Global Energy, a subsidiary of Zurich Financial Services which provides risk management for th...
Alexander Forbes invests in Britannia
Financial services group Alexander Forbes UK is to acquire a 20% stake in National Britannia, a safe...
Candover pulls out of Reliance acquisition
Venture capitalist Candover has pulled out negotiations to buy the UK-based and European operation of...