News
Congressman slams "stonewalling" AIG after CEO meeting cancelled
AIG chief executive Edward Liddy has asked for more time before meeting with US Representative Elijah Cummings, according to reports in America.
Lloyd's broker acquires AR
Lloyd's broker THB has acquired appointed representative, Globesure.
New ABI motor panel chairman appointed
Mark Underford assistant technical manager at Groupama Insurances has been appointed as the new chairman of the Association of British Insurers' motor group rating panel.
CII merger talks collapse
Merger talks between the Chartered Insurance Institute and its Australasian counterpart have been called off.
Hastings and Advantage MBO team speak out
The team behind the management buy out of Hastings and Advantage have spoken of their plans to build the business.
Tysers adds to professional indemnity operation
Lloyd's broker Tysers said it has strengthened its UK professional indemnity operation with the appointment of two senior executives, Richard Bowdidge as divisional director and Kingsley Miller as divisional associate director.
Coface launches rating service
Credit management company Coface is launching a financial rating service.
Swinton agrees £175m bank funding deal
Swinton Insurance agreed a new £175m facility with Lloyds TSB Corporate in order to buy the Equity Insurance Broker business .
Torus Insurance in "selective acquisition"
Torus Insurance has entered into a strategic transaction with New Castle Re in Bermuda in which it acquires any rights to renewals and the potential to assume the unearned premium portfolio on a selected group of New Castle Re contracts.
Levene reappointed Lloyd's chair
Following his re-election to council, the Council of Lloyd's has reappointed Lord Levene as chairman of Lloyd's.
Libero announce MBO from Lehman Brothers
Libero has completed a management buy out from collapsed investment bank Lehman Brothers from an undisclosed sum. It is now wholly owned by directors Stuart Degg, Quentin Moore and Steve Matanle.
ABI: Flood Bill needs to be published as soon as possible
Government actions to tackle flooding announced yesterday must result in people being better protected and informed about the flood risk, according to the Association of British Insurers.
IAG sells UK businesses in £73.5m deal
Insurance Australia Group Limited has agreed to sell its "mass market distribution businesses" in the United Kingdom for a total value of £73.5m.
Allianz eyes carbon cuts
Allianz is updating its company car policy in a move to provide a more efficient and economical vehi...
Thatcham bags safety gong
Motor insurance repair research centre Thatcham has scooped a top award in recognition of its commit...
Call for Whitehall to create a skills council
Eight professional bodies are calling for the creation of a professional skills council to identify ...
RSA in plea to cut data loss
RSA has issued 10 tips for mobile workers on how to protect against data loss following the launch o...
Zurich lines up trio to tackle global issues
The Z Zurich Foundation has established five-year partnerships with three globally active non-profit...
JLT Bermuda launch
JLT Re, a trading division of JLT Reinsurance Brokers, has launched a treaty reinsurance operation i...
NU raises Portcullis
Norwich Union will insure Portcullis Underwriting's UK risks, the underwriting agency announced this...
Axa and NU in fleet launch
Norwich Union and Axa are among seven insurers underwriting LFC Insurance's new commercial fleet pro...
Appointment at Willis Group
Willis Group has appointed Jose Otavio Sampaio as chief executive officer for Willis Brazil. Mr Ot...
Aviation prices to rise
Willis has said it expects aviation insurance prices to rise and the insurance market to harden furt...
Appointment at Allianz
Allianz Legal Protection has appointed Susan Leach as after-the-event claims controller. Her respo...