News
Ex-Willis chair hails Bridge Insurance Brokers potential
Bridge Insurance Brokers has appointed Roger Potts as its new chairman.
Fitch assigns first-time rating to Endurance Bermuda
Fitch Ratings has initiated rating coverage on Endurance Specialty Insurance (Endurance Bermuda) by assigning an 'A' insurer financial strength (IFS) rating.
Barbon raids Ascent for new head
The property and commercial division of Barbon Insurance Group has appointed Duncan Cogdell as head of client services for property and construction.
Risk managers support block exemption
The Association of Insurance and Risk Managers has made a submission to the European Union Commission supporting continuation of the block exemption.
PMI demand driven by concerns about superbugs and hospital cleanliness
Demand for PMI is being driven by fears over superbugs and general hospital cleanliness, according to new research from Bupa.
Unum to co-host 2008 Fit For Work, Fit For Life event in Surrey
Unum has announced that it is to host the 2008 Fit for Work, Fit for Life event in association with Healthy Office Working and Maria Lallemant, Ergonomics specialist.
Fitch assigns first-time
Fitch Ratings has initiated rating coverage on Endurance Specialty Insurance (Endurance Bermuda) by assigning an 'A' insurer financial strength (IFS) rating.
Provider calls for less premium profit on MPPI
Lenders must reduce the cost of mortgage payment protection insurance (MPPI) to help reduce the number of families seeing their homes repossessed, according to Simon Burgess, managing director of British Insurance.
RSA's Haste takes new role
RSA group chief executive Andy Haste has accepted a new non-executive directorship.
Equity Red Star launches new fleet product
Equity Red Star has launched a new fleet risk management product, designed to reduce claims frequency, save costs and protect motor fleet owners against potential work related negligence claims.
ERS launches fleet risk management product
Equity Red Star has launched a fleet risk management product, designed to reduce claims frequency, save costs and protect motor fleet owners against potential work-related negligence claims.
Fitch has a "positive" outlook on RSA
Fitch Ratings has today changed RSA's outlook to positive from stable, and affirmed its insurer financial Strength at 'A-' (A minus) and long-term issuer default at 'BBB+'.
CEGA targets personal accident and creditor services
Third party claims administrator and emergency assistance provider CEGA is targeting personal accident and creditor business.
Heath Lambert reports interim results
Heath Lambert's trading profit for operations is up by more than 8% to £9.2m compared to the same period last year.
Cobra share price crashes on talks termination
Boker Cobra's share price has crashed 25 pence (24.39%) after confirming merger talks have been cancelled.
Endurance diversifies business
Property and casualty insurance and reinsurance provider Endurance has diversified its offerings to clients and brokers in the UK and introduced new lines of business.
Prudential settles “sham reinsurance” lawsuit with SEC
Prudential Financial has agreed to settle a lawsuit by the US Securities and Exchange Commission alleging that it improperly reported more than $200m in income through sham reinsurance contracts with General Reinsurance Corp.
NOAA increases hurricane forecast
After a "very active" July, National Oceanic and Atmospheric Administration has projected an 85% probability of an above-normal season – up from 65% in May.
RAM Re expresses disappointment at Moody’s downgrade
RAM Holdings has responded today to Moody’s Investors Service (Moody’s) ratings action.
Berkshire Hathaway earnings drop 7.6%
Berkshire Hathaway has reported net earnings of $2.88bn in the second quarter of 2008, compared to earnings of $3.12bn in the second quarter of 2007.
Primary Broker Services founder Davey returns
SSP has appointed former PBS Holdings chief executive and Primary Broker Services founder, Jonathan Davey, as a director, reporting to SSP chief executive, Laurence Walker.
Zurich extends Bradford and Bingley insurance deal
Zurich has extended its long-standing home insurance relationship with Bradford and Bingley.
Former RBSI head joins Towergate broking arm
Towergate has appointed Jim Donaldson in a new senior operations role in the Towergate broking division.
Insurer offers body shops PAS 125 incentive
From the 1 July 2009 Allianz’s 173-strong approved repairer network will be required to conform to the new PAS 125 British Standards Institute Kitemark specification. The same criteria will also apply to any repairers wanting to join the network for the…