News
Insurers "pick up the tab" over lending errors
Insurers should not be left to "pick up the tab" when mortgage lenders make mistakes, according to a...
Appointment at Marsh
Marsh has appointed Vince West as a managing consultant within its business continuity management te...
Appointment at XL Insurance
XL insurance has appointed Colin Sprott as chief underwriting officer for its global marine and offs...
Market unanimous over UK flood impact
Reinsurance renewal rates in the UK household market will not suffer from the UK summer floods, acco...
Fortis/RSA in AIG link
AIG has teamed up with a number of insurers including Fortis, Royal and Sun Alliance and Equity as p...
QBE to restructure Limit
QBE Europe is restructuring Limit syndicates Syndicate 566 and Syndicate 2000 to create a new reinsu...
Reinsurers warn over terror pool pull-outs
Reinsurers Munich Re and Swiss Re are warning governments not to pull out of terrorism pools in Euro...
Benfield rate hit
Reinsurance broker Benfield's chief executive Grahame Chilton singled out its facultative and corpor...
Mondial wins contract
Travel insurer Mondial has won a contract with Eurostar to administer single-trip travel insurance p...
Appointment at Groupama
Groupama has made new appointments in its partnership business development team with the recruitment...
Appointment at Brit Insurance
John Barton is to join Brit Insurance as a non-executive director and deputy chairman. Mr Barton is ...
Appointment at Chartered Institute of Loss Adjusters
Aon's John Bell has been made chair of the professional conduct committee at the Chartered Institute...
D&G bosses' windfall
Domestic and General has announced a recommended cash offer of 1425p from Advent International, a US...
Appointment at Royal and Sun Alliance
Royal and Sun Alliance has recruited Scott Pickering as chief executive officer for Asia and the Mid...
Lomas denies Condon and Hawes' testimony
Dennis Lomas denied two key witness statements today, including one from co-defendant Philip Condon. Olivier C. Laurent reports .
Third Nat Cat exchange contract to launch
Insurance Futures Exchange Services Ltd (IFEX) and Deutsche Bank AG have announced the planned launch of trading in catastrophe event-linked futures (ELF) on the Chicago Climate Futures Exchange (CCFE) later this month, pending CCFE’s self-certification…
Newman takes on Carole Nash MD role
Former Co-operative Financial Services marketing director David Newman has been appointed managing director of motor broker Carole Nash.
Glacier Re claims carbon neutral status
Glacier Re has announced the completion of its programme to become a carbon neutral business.
RFIB makes further middle east hires
Mark Randall has joined broker RFIB as a director of its middle east operation based in Dubai.
Allianz ups motor fraud panel
Allianz Insurance has increased the size of its motor fraud investigations panel following a review of its five-strong panel.
Hardy profits rise to £9.1m
Lloyd's insurer Hardy Underwriting announced its half year results today, reporting a profit before tax up 49% to £9.1m (2006: £6.1m).
RBSI enters aggregator market with Churchill brand on Tesco Compare
Tesco Personal Finance announced the long awaited launch of Tesco Compare.com, its new motor insurance comparison site this morning.
Lomas begins his defence
Former Independent Insurance finance director Dennis Lomas took the witness stand this afternoon and was asked by his barrister, Mukel Chawla QC, to describe his impressions of Michael Bright and Philip Condon who arrived together in 1987 when Allstate…
Emphatic denial completes deputy's case
An accusation that Philip Condon colluded with Michael Bright to keep reserve increases off the system, yielded in an emphatic denial today, as the former deputy MD completed his defence. David Worsfold reports .