News
Commercial fires findings
Proof of a much-touted potential link between the increased use of modern methods of construction an...
Europa Group latest to seal Iprism link up
Personal lines specialist The Europa Group has become the latest broker to sign up to small to mediu...
Aon looking towards MGAs
Global broker Aon has followed rival Willis by committing to significant further investment in manag...
Appointment at Powell
Powell Insurance, has appointed Steve Penketh to its board following his promotion to client service...
UK in pandemic plan
The UK Department of Health has published a new plan to increase preparedness and better protect the...
Central moves to new HQ
Aberdeen-based broker Central Insurance Services has relocated to a new custom-built headquarters. A...
FOS not set to expand its remit, says review
The claimant's perspective was at the heart of the Claims Club's final meeting for 2007, as Jamie Dunkley reports
CEA welcomes VAT reform
The CEA, the Brussels-based representative organisation for the European insurance and reinsurance industry, has welcomed the European Commission's VAT Insurance and Financial Services Review, presented today.
ABI gives support to VAT modernisation
The Association of British Insurers has backed the European Commission’s latest proposal to modernise VAT rules on the supply of insurance and financial services.
Post pick of the week
Post Magazine editor Jonathan Swift provides a run down of the major news due to be published in tomorrow's issue of Post including Insurance Australia Group considers action against the owners of the broker Hastings it bought last year; AIG is linked…
Market slide continues down under
The Australian and New Zealand reinsurance market will continue softening in early 2008 due to a benign catastrophe experience and increasing competition, according to a new Aon report.
Broker acclaims its acquisition strategy as it picks up IRCM
KGJ Insurance Group has qcuired Insurance Risk and Claims Mnaagmenet Limited, a specilaist broker based in Chertsey.
FSA calls for an end to misleading websites
Financial Services Authority calls for all firms to ensure their promotional websites are fair, clear and not misleading
FSA calls for all firms to improve promotional websites
A Financial Services Authority (FSA) review of advertising on financial firms' websites has found that three-quarters met the standards required.
Homeserve revamps management team
Homeserve has announced a host of changes to its management team in its emergency services division.
Marsh hires former Willis COO as new CEO
Marsh today announced the appointment of Artur Niemczewski as chief executive, Multinational within Marsh UK. Multinational comprises Marsh’s large account practices and specialty businesses. He will report to Martin South, CEO of Marsh UK.
FSA looks to develop Islamic finance
The Financial Services Authority has published a paper setting out its role in the development of the UK as the major European financial centre for Islamic financial products and services.
S&P: Catlin ratings unaffected by subprime
Ratings agency Standard & Poor's (S&P) has said that that the counterparty credit and insurer financial strength ratings and outlook on core entities of Catlin Group Ltd are unaffected by the announcement that Catlin expects to incur a $75m charge in the…
Catlin takes $75m subprime write down
Specialist (re)insurer Catlin has revealed that it expects to take a total charge during 2007 of US$75m against the value of its sub-prime related investments.
Central Insurance Services moves offices
Aberdeen-based Central Insurance Services has relocated to a new £3m custom-built headquarters. The company’s 70 staff have moved from the city’s Albert Street to a 15,000 sq ft building in Arnhall Business Park in Westhill.
BGL boosts expansion plans
BGL Group has appointed two new directors and two associate directors to help deliver its ambitious expansion plans.
FirstAssist launches motorist solution
FirstAssist Insurance Services, the specialist personal lines provider, has launched LicenceCover, a solution for motorists who are unable to drive as a result of unexpected events such as accident, illness, medical disqualification or a licence ban as a…
Broker Network shares up 12.97% on news of bid
Broker Network shares have jumped 12.97% this morning on the news it had accepted a bid from Towergate.
Montpelier launches US direct property Fac operation
Montpelier Re has announced the launch of a direct property facultative (DPF) division underwritten by its Lloyd’s syndicate 5151 US coverholder Montpelier Underwriting Inc (MUI).