News
Appointment at Amber Credit
Amber Credit has made Mark Wooldridge sales and marketing director. He was previously national sales...
Smoking claims: NU strikes the first blow
The UK's largest general insurer is preparing its defence against an onslaught of future passive smo...
New prediction for 2005 Atlantic hurricane season
London Market News
Aon elects president and chief executive officer
Aon has elected Gregory Case as president and chief executive officer. He succeeds Patrick Ryan who ...
Appointment at Homeowners Friendly Society
Homeowners Friendly Society has appointed Penny Hemming, Confederation of British Industry regional ...
FOS to name consumer failures
Insurance companies that fail consumers could be publicly exposed by the Financial Ombudsman Service...
Cassidy Davis rues stagnant 12 months
London Market News
Employment tribunal costs on the increase
Employers are winning more employment tribunal cases but claims costs continue to rise, according to...
Corporate manslaughter worries
Senior managers involved in corporate manslaughter cases will be ineligible for cover under their em...
Appointment at Helphire Group
Helphire Group has made Richard Arnold business development manager. He will be responsible for gene...
Executive chairman steps down at Community Broking Group
David Worsley, executive chairman of the Community Broking Group, is to step down, with Laurie Turnb...
Lloyd's insurer Kiln announces rise in profits
Lloyd's insurer Kiln claimed it was in the interest of every managing agent to own as much of its ow...
Brokers targeted with army launch
A new accident and life insurance product for military personnel will not include restrictive clause...
Plug is pulled on fast-track EL pilot
Insurers' battle to cut employers' liability claims costs hit another snag this week after the gover...
Omega raises £18.2m with AIM flotation
London Market News
Appointment at IHI
International health insurer IHI has appointed Sue Summers to the group board as sales director. She...
DAS doubles maximum limit of indemnity
DAS has doubled the maximum limit of indemnity for commercial policyholders. The new limits that app...
Blackout claims to rise
Power outages, like those experienced in New York City in 2003, represent a potential 'mega risk' to...
The race is on
The Association of British Insurers has urged politicians to "keep their foot on the accelerator" in...
Hank Greenberg resigns from Transatlantic Holdings
Reinsurer Transatlantic Holdings has announced that three former executives from troubled American International Group (AIG) have resigned from its board. The company also said it was cooperating in all investigations involving AIG.
Lloyd’s reduces reliance on reinsurance
Lloyd’s of London is now less reliant on reinsurance according to its financial results for 2004.
US asbestos bill faces hurdles
US Senate majority leader Bill Frist has announced that he is confident that a bill setting up a national fund to pay a flood of asbestos claims will be tabled in the Senate soon, despite insurers' calls to try to resolve the problem in the courts.
Lloyd's records "unthinkable" profits claims Levene
Lloyd's today announced a £1.36bn profit for 2004, something chairman Lord Levene said would have been “unthinkable” a few years ago given the catastrophe losses it suffered.
Kiln in upbeat 2005 forecast after encouraging results
Lloyd’s insurer Kiln has revealed record 2004 profits.