News
ABI: recoverability protocol in reach.
The Association of British Insurers said, this week, it believed a new protocol on the recoverabilit...
Scor profits rise despite p&c losses
Scor has reported substantial operating losses in its property and casualty (p&c) business in 2000. H...
Budget help for insurers
The life insurance industry was given a boost in Chancellor Gordon Brown's Budget with the announceme...
Cox picks up John Dale
Cox subsidiary Argent Insurance Group has acquired the commercial and personal lines books of busines...
Alfred Blackmore snapped up by Alexander Forbes
Acquisitive broker Alexander Forbes today announced it had completed the acquisition of professional ...
Britannic to axe 2000 jobs
Britannic confirmed this morning it is to axe 2000 jobs from its direct sales force under plans to re...
Banks slammed over SMEs
The Competition Commission has slammed the UK's major banks for operating a complex monopoly in serv...
Myners calls for shake up in pension industry
The Myners review of the pensions industry has called for widespread changes in the way the UK's £800...
Zurich restructures US p&c
Zurich Financial Services Group has restructured its North American property and casualty business, f...
AA to pay out £20m
The Automobile Association has agreed to pay £20m in an out-of-court settlement to map producer Ordna...
Marlborough Sterling to float
Cheltenham-based Marlborough Stirling, a software provider to the insurance industry, intends to seek...
Jail sentence deterrent in motor fraud case
A man who made a fraudulent insurance claim along with three bogus passengers after an accident nearl...
Hannover Re buys program business
Hannover Re has expanded its US program business with the acquisition of business and an underwriting...
Fortis braced for Selby crash claims
Insurer Fortis holds the motor insurance policy for the car involved in this week's tragic rail accid...
CEA in capital markets reinsurance deal
The California Earthquake Authority (CEA) and two financial service companies have used a combination...
Court: creditor class clarity.
A decision by the Court of Appeal, this week, has clarified how creditors should be classed when con...
OFT to rule on GISC.
The Office of Fair Trading has received appeals from both the Institute of Insurance Brokers and the...
Claims Direct split.
Claims Direct is to re-engineer its business into five regionally-focused groups, but said it would ...
FOIL in ATE climb down.
The Forum of Insurance Lawyers appears to have backed down in its battle against the after-the-event...
A moving animal problem is cultivating risk.
Many sectors of the insurance industry are nervously watching the development of the foot and mouth ...
ABI fees squeeze out the smaller firms.
Is the Association of British Insurers trying to drive smaller companies out of business, or just ou...
Escalating e-business means new opportunities in cybercover.
Escalating internet crime will create a vast and valuable market for risk consultants and insurance ...
Appointment at Property & Casualty Services.
Property & Casualty Services has made Nicola Ingram vocational rehabilitation case manager. She will...
With-profits call for transparency to give confidence.
The actuarial profession has called for greater transparency to restore consumer confidence in with-...