News
Geneva Association sends open letter to G-20 leaders
Leading international insurance think tank, The Geneva Association, has today issued an open letter to the Finance Ministers and Central Bank Governors of the G-20.
BCI survey unearths 'deep-rooted' supply chain failure
Deep-rooted sources of supply chain failure in 62 countries across the globe have been identified following a recent survey carried out by the Business Continuity Institute.
Chubb appoints UK & Ireland accident & health manager
Chubb Insurance has appointed Steve Ranzetta, currently Chubb London accident & health manager, to the role of Chubb UK & Ireland accident & health manager, effective immediately.
Island targets top spot as captive insurance domicile
Efforts to promote the Isle of Man as the captive insurance domicile of choice have been stepped up a notch following the island’s captive association attendance at the FERMA Conference.
Island targets top spot as captive insurance domicile
Efforts to promote the Isle of Man as the captive insurance domicile of choice have been stepped up a notch following the island’s captive association attendance at the FERMA Conference.
Allianz celebrates legal partnership
Allianz Legal Protection has celebrated its 25th anniversary and has placed more than £1m business with specialist solicitors Roberts Jackson through the first year of partnership.
Towergate buys Caravanquoter
Towergate Insurance had acquired caravan and motorhome insurance comparison site Caravanquoter.
Nexus forms new regional financial lines MGA
Nexus Underwriting Management has today announced the acquisition of the Novae Syndicates regional financial lines portfolio after pledging to establish a new managing general agency in the new year to underwrite the account.
Post Blog: Brit and Windsor join RBSI in PE rumour mill
Private equity interest in the UK insurance sector has prompted a week of wild speculation, including an alleged £4bn bid for the insurance operation of part-nationalised bank RBS from PE house CVC.
AIG reveals $972m payment to US Treasury after MetLife deal
AIG has announced that it had paid the United States Department of the Treasury $972m to reduce the liquidation preference on one of the special purpose vehicles created as part of the government's assistance to AIG.
GPs call on government to implement new guidelines on tackling whiplash culture
A group of GPs and insurers have called on the government to implement new guidelines on diagnosing whiplash associated disorder in an attempt to tackle what has become a whiplash culture in the UK.
Howden Broking launches energy division
Howden Broking today unveiled the launch of its energy division with the news that sector specialist Alan Brooks will be heading up the new department.
Open GI becomes payment service provider in ROI
Open GI has become a payment service provider in the Republic of Ireland with its new service, Credit Line Plus.
Cost Advocates warns against MoJ fixed costs proposals
Costs law company Cost Advocates is advising caution on the Ministry of Justice’s proposal to set fixed costs limits on disputes in County Courts.
FSA and OFT publish draft guidance on PPI
The Financial Services Authority and the Office of Fair Trading have joined forces to help prevent the problems associated with payment protection insurance recurring in a new generation of products.
Alterra merges Irish operations
Alterra Capital Holdings has merged its Irish underwriting companies, Alterra Europe and Alterra Reinsurance Europe.
Fitch affirms ‘A’ IFSR of ACI
Fitch has affirmed the ‘A’ insurer financial strength rating of Amlin Corporate Insurance, reflecting the strategic importance of the commercial lines writer to the Amlin group.
Marsh promotes head of international from within
Marsh has recruited the new head of its international division from within its ranks.
Parametrics simplify public entities insurance in nat-cat areas
Parametric trigger insurance is making it simpler to insure public entities in natural-catastrophe prone countries, says Cooper Gay’s Steve Jackson.
Credit Hire Organisation unveils new DG
The Credit Hire Organisation has named Martin Andrews as its new director general replacing the outgoing Tony Baker.
SFO opens helpline for business fraud
The Serious Fraud Office has launched an SFO Confidential hotline to encourage whistleblowers to report suspected fraud or corruption within their companies.
Esure launches two new broking brands
Esure will launch two new broking brands this month, as company bosses prepare to use a panel of external insurers to extend the firm’s reach within the car insurance market.
Talking head: Jack Straw
Former Justice Secretary Jack Straw has certainly made a name for himself this year with his crusade to outlaw referral fees.
RK Harrison set to buy MWA
Mercury West Associates has accepted an offer to be acquired by employee-owned insurance and reinsurance broker RK Harrison Group.