News
Oval reveals June date for rebranding
Broker consolidator Oval will begin rebranding acquired brokers RP Hodson and Bland Bankart into its...
River Man
Robert Hiscox's, pictured left, company, Hiscox, has sponsored John Virtue's latest exhibition of Lo...
Insurers yet to tag along
Technology Comment
HBOS reports of "tough market"
Halifax Bank of Scotland General Insurance reported premium income increased by 9% to £1.7bn in 2004...
Homeserve linked to Chem Dry deal
Warranty service provider Homeserve has flatly denied rumours of a takeover bid for Domestic and Gen...
Latest study by Swiss Re
According to the latest study by Swiss Re, catastrophes caused insured losses totalling $49bn (£33.9...
Turning the tide
News Analysis
Appointment at James Chapman and Co
James Chapman and Co has employed three trainees: Ruth Powell, a law graduate; Lindsey Clark, who ha...
Oxygen confirms accreditation as Lloyd's broker
London Market News
Appointment at Lucas Fettes and Partners (Northern)
Lucas Fettes and Partners (Northern) has made Rob Higgins claims manager. He joins from Cunningham L...
NU linked to RAC bid
Insurance services and roadside recovery giant RAC this week confirmed a bid for the company may be ...
Appointment at Cunningham Lindsey
Mark Baird has become client relationship director at Cunningham Lindsey. He previously worked for L...
Ault buy keeps target in sight
West-Bromwich-based broker Ault Insurance's target of £15m of premium income in the next three years...
Appointment at Monument
Kevin Stratton has joined Monument's accident and health team. Mr Stratton becomes managing director...
Goshawk reports loss
Former Lloyd's insurer Goshawk has reported a loss after tax of $3m (£1.6m) for the 12 months up to ...
Rates come to Amlin's aid
London Market News
Former Opus chair joins SBJ board
Former Opus chairman Simon Ellen has taken up the same role at broker SBJ. It follows the completion of the sale of 51% of SBJ stock to private equity house Capital Z.
Student insurance provider in major tie up
Online student insurance specialist www.cover4students.com has signed a deal with the Universities and Colleges Admissions Service. Ucas processes all applications for undergraduate courses at universities and colleges across the UK.
NU predicts stable rates
Norwich Union said it expects stable premium rates across both personal and commercial lines after announcing its 2004 results.
Court finds for ACE
The ACE Group of Companies has announced that California Superior Court Judge James L. Warren has entered judgment in favor of several ACE companies in a lawsuit brought against Insurance Company of North America (INA), INA FinancialCorporation, ACE…
NU results: general insurance profits up 47%
Aviva has recorded worldwide operating profit up 25% to £2.34bn including an a 47% increase in general insurance profits to £1.32bn.
Aviva confirms RAC deal at £1.1bn
Aviva has confirmed plans to buy roadside assistance company RAC for £1.1bn in cash and stock as predicted by Post Magazine yesterday. The deal will give it access to 7 million motorists. Up to 1700 jobs could be lost under plans to relocated 800…
NU touted as possible RAC bidder
City analysts have placed Norwich Union parent Aviva in the frame for RAC, after the insurance and roadside recovery giant revealed it had received an approach "that may lead to an offer to buy the business."
Claims People sees rise
Loss adjuster the Claims People recorded a 36% increase in turnover from £1.97m to £2.67m in 2004, with profits more than doubling.