News
Thatcham slams lack of bumper design standard
Insurance research centre Thatcham has called on motor manufacturers to improve bumper design as the...
Appointment at EMR Europe
EMR Europe has recruited Tim Murphy as assistant vice-president for business partnerships. Mr Murphy...
RSA takes over pet deal
Royal and Sun Alliance has taken over underwriting of Marks and Spencer's pet insurance product from...
Paris Re plans to lever up in $400m capital return
Reinsurer Paris Re has announced a €20m share buy-back program and plans to organize a return of up to $400m million of capital to shareholders via a debt raising early in 2008.
Post pick of the week
Jonathan Swift, editor, Post Magazine outlines the major stories in tomorrow’s issue of Post including: Willis looks to enter the online SME market on the back of acquisition; Quinn Direct and RBSI’s Direct Line for Business gain construction approval;…
EMR eyes healthcare expansion
Outsourcing partner EMR Europe has confirmed plans for significant development of its healthcare business in Europe with the appointment of Adrian Fisher.
CBG Group confirms offer
CBG Group, the insurance broker, financial adviser and healthcare specialist, today announced it has made a £186 000 recommended offer for PenMc
Insurance boss strips for charity
Kwik-Fit Insurance managing director Martin Oliver has stipped naked in the name of charity.
Aon Re announces new reinsurance model launch
Aon Re global fac has launched a reinsurance private clients suite model, which will consist of some of the industry's most talented and respected facultative insurance professionals in 15 different locations worldwide.
FSA confirms changes to regulatory returns
The Financial Services Authority (FSA) has confirmed that the Complaints Return and the Retail Mediation Activities Return (RMAR) will be simplified and shortened.
Royal and Sun Alliance receives higher Standard & Poor's rating
Standard & Poor's ratings services said today it raised to 'A' from 'A-' its long-term counterparty credit and insurer financial strength ratings on the main operating entities of Royal & Sun Alliance.
Lockton appoints claims manager
Lockton’s real estate and construction division has appointed Derek McLeod as claims manager.
Atradius Re receives reinsurance licence
Dublin headquartered Atradius Re is the first credit and bonding reinsurance company to be granted a licence to offer reinsurance under new EU regulations.
Kiln confirms offer talks
The Board of Lloyd's (re)insurer Kiln has confirmed that it is in discussions regarding a possible offer for the group.
Britons believe compensation culture rife
A vast majority of Britons (90%) agree that people are more likely now than five years ago to sue for physical and emotional injury.
Joint venture brokers windstorm Cat swap
Jardine Lloyd Thompson Group and interdealer broker ICAP have jointly brokered a catastrophe swap.
Fortis pushes Van Guard into Northern Ireland
Fortis has launched its commercial vehicle product, Van Guard, into Northern Ireland. The recent launch on CDL and SSP, with Open GI expected to follow, further extends the insurers motor offering into the commercial market and across the UK.
Fortis launches commercial product in NI
Fortis has announced the launch of its commercial vehicle product, Van Guard, into Northern Ireland.
SSP set for Indian windfall
SSP Holdings has revealed it is part of a consortium to win a lucrative contract with the United India Insurance Company to provide its IT services.
Crawfords integrates SLS
Crawford and Company UK today announced that it is now fully integrating its casualty operation with sister company Specialist Liability Services. The new combined entity, branded 'SLS, a Crawford company', will be effective from 1 January 2008 under a…
Allied World to buy Converium North America shell
Bermudian class of 2001 (re)insurer Allied World Assurance Company has announced that its US holding company has entered into an agreement to buy Converium Insurance (North America).
Former RBSI director moves to Fortis
Fortis has appointed Adam Clarke as director of underwriting, He will work with the teams responsible for affinity and partnership underwriting, commercial underwriting and new product development to manage the performance and profitable development of…
Scientists forecast increased hurricane activity in 2008
Tropical storm researchers at Colorado State University have predicted the 2008 North Atlantic hurricane season will be “somewhat above-average” with “above-average” probability of major hurricane landfall in the US.
Admiral ups underwriting stake
The Board of Admiral Group today announced that it plans to increase its UK motor premium retention for the 2008 underwriting year to 27.5% from the current 22.5%.