News
Market looks up.
The US reinsurance market is on the mend. Adrian Leonard looks at pricing trends, the balance of payments and where $2.3bn of new premium came from.
Axa signs £60m Northern Rock deal
Axa has secured a further four year contract worth an estimated £60m with mortgage bank Northern Rock...
Lloyds ups bid for Abbey National
Lloyds TSB, which has a substantial general insurance operation, has bid £19.8bn for Abbey National. ...
Ex-employees in smear campaign
Disaster recovery company Belfor-Relectronic has accused ex-employees of mounting a dirty tricks camp...
Church captive for Bermuda
The African Methodist Episcopal (AME) Church is to channel all its worldwide insurance throught its o...
Roberts takes over at Thatcham
Peter Roberts has been appointed the new chief executive of Thatcham, the automotive research body. H...
Hiscox-Chubb talks collapse
Hiscox has rejected the approach by US insurance giant and shareholder Chubb to acquire the company, ...
Credit hire firm hit by insurer delays
Credit hire company Auto Indemnity claimed today that it recorded a profit in the last quarter of 200...
Names slam Lloyd's "demand"
The United Names Organisation has slammed the revised offer from Lloyd's received on Friday as a "dem...
ABI acts over disability
Disability support groups, consumer groups, insurers and intermediaries will be among the interested ...
New accident management society launched
A new accident management association is to be set up by a group of industry players, which will even...
Copenhagen Re closes in Latin America
Copenhagen Re is to close its contact offices in Chile and Brazil and transfer their activities to a ...
Helphire acts to secure future
Credit hire specialist Helphire plans to raise £17.6m through a new share offer in a last ditch attem...
Allied Dunbar brand axed
Zurich Financial Services has announced that it is to rebrand its customer facing Allied Dunbar franc...
AIIB takes up case against Direct Line
The Association of Insurance Intermediaries and Brokers has made a formal complaint to the General In...
Paddick looks to fight OFT decision
Andrew Paddick, director general of the Institute of Insurance Brokers may appeal against the Office...
GISC gets green light
The General Insurance Standards Council has been given a green light by the Office of Fair Trading an...
Midlands brokers form new alliance.
Four Midlands-based brokers have formed a new alliance with a joint premium income of £17m, with fou...
Australian run-off.
Australia's largest general insurer NRMA Insurance Group has put its inwards reinsurance portfolio i...
The Direct approach.
Insurers and no win, no fee claims management company Claims Direct do not see eye to eye. Colin Poole tells Anthony Gould he believes the company is misunderstood, and is keen to redress the balance.
Swiss Re to net life.
Swiss Re is understood to be planning to sell life assurance products over the internet in the US an...
Misys targets IFA sector
Software specialist Misys has announced pre-tax profits of £62m in its interim results for the six mo...
Egg makes play for household market
The Prudential owned online financial services company Egg has launched a household insurance superma...
IIB and BIBA in war of words.
The war of words between the Institute of Insurance Brokers and the British Insurance Broker's Assoc...