News
ABI welcomes DWP report
The Association of British Insurers has welcomed today's report on employers' liability insurance from the Department for Work and Pensions.
Briscoe to quit broking giant
The managing director of AA Insurance Services, Andy Briscoe, is to step down from the role at the end of the year.
Mapfre Re announces capital increase
Madrid-based Mapfre Re has announced that it will be carrying out a €150m capital increase in the first four months of 2004.
Provincial set for January launch
Start-up intermediary Provincial Underwriting is due to launch in January to provide bespoke liability and property cover for the construction and retail sectors.
Investment returns fall dramatically at Equitas
Claims paid at Equitas - the company set up to reinsurer and run off Lloyd's pre 1993 liabilities -amounted to £357m in the six months ended 30 September 2003.
Catlin's branch receives FSA approval
Catlin Insurance Company, the Bermuda insurance underwriting subsidiary of Catlin Group, has received approval from the Financial Services Authority to establish a UK branch office.
Fortis Insurance reports increase in overall gross written premium
Fortis Insurance in the UK has reported overall gross written premium for the third quarter 2003 of ...
EC proposal to thwart insurer trading in Europe
UK insurers hoping to be able to trade across a common European market are set to be disappointed wh...
Camberford Law offers network
Camberford Law this week became the latest broker to launch a network, opening for trading with "hal...
Saga sale won't hit Gib move
Roger De Haan's retirement as chairman of the over-fifties service provider Saga and a possible sale...
Kwik Fit Insurance to launch pet insurance service
Kwik Fit Insurance Services is looking to launch a pet insurance offering. The intermediary confirme...
More Th>n to close customer service centres
Royal & Sun Alliance's direct personal lines subsidiary More Th>n is to close its customer service c...
Appointment at Keoghs
Keoghs Specialist Claims Unit, which identifies and investigates insurance fraud, has been further s...
Woodstock Insurance Brokers secures more acquisitions
Woodstock Insurance Brokers has secured three more acquisitions bringing its total to eight in 21 mo...
India in the frame for low-value claims work
At last week's Post Magazine management briefing, Co-operation - pushing the boundaries, cross-industry collaboration and the future of the claims industry were the focus of debate. Anthony Gould reports
Broker pushes for greater EL transparency
Insurers have been told by a leading broker to make more effort to be transparent with clients about...
Accident record must be tackled
The Master of the Rolls has attacked the UK's shameful record on looking after accident victims and ...
Folgate Partnership announces acquisition
The Folgate Partnership has announced its 30th acquisition with the purchase of Dorset-based Broadst...
Appointment at Huntswood Search and Selection
Huntswood Search and Selection, recruitment specialist for the management consultancy industry, has ...
Asbestos losses set to rise
US property & casualty insurers can expect further asbestos-related losses despite exposures of more...
US reinsurers record combined ratio
US property and casualty reinsurers recorded a 99.8% combined ratio for the first nine months of 200...
QBE buys back Lloyd's business in motor push
Lloyd's managing agency Ensign motor syndicate 980, which completed a management buyout from Limit i...
Bank admits rivals are out-performing it
Banking giant Abbey has expressed disappointment over the performance of its general insurance divis...
Companies Bill announced in Queen's Speech
The government plans to introduce legislation to modernise company accounting and audit arrangements...