News
Iprism adds four to underwriting team
Iprism has appointed four to its underwriting team.
NU adds entire small package business range onto imarket
Norwich Union’s (NU) has made its full range of small package business available for integrated trading on imarket.
Zurich welcomes government move on schools
After a decade of lobbying Zurich Municipal has welcomed new guidance launched today by Schools Minister Jim Knight on the installation of sprinkler systems in schools.
NU goes live with package business on imarket
Norwich Union’s full range of small package business is now available for integrated trading on imarket.
Axa, MMA join Keychoice's panel
Axa and MMA have joined Keychoice's commercial lines panel of insurers.
SSP signs electronic delivery deal
SSP has signed a multi-year exclusive contract with SDX Messaging, a provider of secure digital communications solutions, in advance of the Department for Transport’s (DfT) expected decision to make the electronic delivery of motor insurance certificates…
Aon notifies FSA of internal anti-bribery investigation
Broking giant Aon has hired an external law firm to carry out an internal review of its compliance with certain US and non-US anti-bribery laws, including the US Foreign Corrupt Practices Act following regulatory enquiries.
Fortis reports 12% GWP growth in first nine months
Fortis Insurance UK has reported a 12% increase in gross written premium £581.5m for first nine months 2007. The insurer said in a statement its growth has been driven by 20% year on year increase in GWP for private car and a 9% year on year increase in…
SEC bars former RenRe officer for five years
Michael W. Cash, a former senior executive of Bermudian reinsurer RenaissanceRe (RenRe) has agreed to a no fault, US court-approved settlement of the SEC case against him that fines him $130,000 and bars him from serving as an officer or director of a…
Marsh warns businesses after warehouse fire
Following the devastating fire at a vegetable plant warehouse in Warwickshire, Marsh has attempted to remind UK businesses of the need to be vigilant about their fire safety and risk assessment.
Inga Beale lands M&A job at Zurich
Global insurer Zurich has announced that former Converium chief executive Inga Beale will join the company as head of organisational transformation management and mergers & acquisitions as of January 1, 2008.
Lloyd's issues China insurance trends report
Lloyd’s has launched a research report on China’s rapidly developing insurance market. The publication explores the key trends in the Chinese non-life insurance market and the opportunities they present for specialist players.
Towergate emphasises security of client data
The chief executives of Towergate and Open International attended the Open User Group AGM last week to outline their plans for the business following the recent acquisition.
First UK insurance special purpose vehicle authorised
UK life insurer Legal & General has converted a subsidiary company into an insurance special purpose vehicle (ISPV), creating the UK's first such entity.
Provident launches new motor facility
Provident Insurance has launched a new initiative that it says will help smaller brokers fight back and capture some of the business that has moved away in recent years.
NIG Network offers brokers a bite of the Apple
Insurer NIG is giving brokers the chance to win over £2,000 worth of the latest must-have Apple products when they obtain a commercial package quote from the NIG Network (www.nignetwork.com).
Hannover Re 3Q results show net income over $400m
Hannover Re has reported a group net income of €296m ($434m) for the third quarter of this year – an increase of almost 140% on the same period of 2006.
Parabis reveals new finance director
The Parabis Group has announced the appointment of Craig Fairey as group finance director.
Bupa updates ex-pat brokers' web site
Bupa International's broker website has had a facelift to make it easier and quicker to use.
Glacier appoints Bothe for treaty
Glacier Reinsurance has appointed Ralph Bothe as treaty underwriter. He takes up his position immediately.
German reinsurer exits run-off business
German reinsurer, Deutsche Rück has announced the completion of its strategic plan to exit from third party run-off reinsurance business.
BLG hires trio for casualty practice
Barlow Lyde & Gilbert has announced that three personal injury lawyers - one costs specialist and two barristers - will be joining the firm’s casualty practice.
Canopius to launch Asia operation
Lloyd’s insurer Canopius has announced it is opening a (re)insurance underwriting operation in Singapore.
High workloads keep heads worrying
Senior executives in the insurance sector admit they are struggling to manage "conflicting prioritie...