News
Marsh Develops Policy To Combat Changing Fraud Environment
Marsh has developed a new product addressing the fraud and crime risks faced by financial institutions.
SBJ makes two board appointments
Broker SBJ Group has appointed two new board members.
Scor bid for Converium rejected
Swiss reinsurer Converium has announced that its board has unanimously rejected an unsolicited bid by SCOR to buy the company for CHF 21 per share.
Neal given new role in QBE shake up
QBE today announces key changes to its European management structure with John Neal appointed to the newly created position chief operating officer for QBE European Operations.
Dental healthcare insurer aims to reduce application stress
Dentists Provident has introduced a new tele-interviewing service aimed at enhancing the process for individual applicants by making it quick, simple and stress-free.
Aon boss joins Lloyd's
One of the London Market's leading brokers has joined Lloyd's, initially on a three-month secondment, to further the pace of process change across the market.
American P&I club launches marine environment publication
American P&I club has produced its latest publication ‘Protecting the Marine Environment’ for its members.
New CEO at Axa Art UK
Annabel Fell-Clark has been appointed as chief executive to Axa Art UK.
RAC appoints new manager
Mary Livingstone has joined the corporate partnerships team at RAC as a financial services partnership manager.
CME and Carvill launch rival to Nymex-Gallagher Re US Cat options
Derivatives giant, the Chicago Mercantile Exchange CME and has announced that it is to launch CME-Carvill Hurricane Index futures and options on futures contracts March 12th.
Converium CEO "very satisfied" with renewals
Swiss reinsurer Converium has announced its year-end renewals have led to improved profitability and the company regaining market share.
Towergate's Cullum hails "irresistible" deal
Towergate has acquired Alliance Management Limited, which will continue to be led by CEO John McLaren-Stewart, with all 30 staff and directors making the move.
Travel giant opts for FSA regulation to pre-empt Treasury probe
The UK's largest travel agency, Thomas Cook, has announced it has applied for FSA authorisation and will be regulated from next month. In a move designed to distance itself from damaging reports of the miss-selling of travel insurance and the ongoing…
Park Insurance launches online pet scheme
Bristol-based insurance broker Park Insurance has launched a fourth website aimed at providing quotations for specialist insurance schemes.
Lockton made Airmic partner
Lockton has become an Airmic Partner as a key step in its drive to further develop its business among the UK risk management community. Airmic (the Association of Insurance and Risk Managers) represents risk managers in the UK and its members include 75%…
Marsh Finpro launches anti-fraud product
Marsh has developed a new product addressing the fraud and crime risks faced by financial institutions.
Allianz Re joins DIFC
Dubai’s financial services authority has granted Allianz Re a licence to operate as an authorised business in the emirate’s financial centre.
Aon grows Bristol professions team
Aon has appointed three new professional risks experts to boost its Bristol team.
Montpelier Re writes 23% less in “transitional” 2006
Bermudian reinsurer Montpelier Re has reported comprehensive income for the year ended December 31, 2006 of $362m on a combined ratio of 60%.
Two in five road deaths involve young drivers
More than two in five road deaths involve a young driver, Brake can exclusively reveal, yet the Government is still failing to take decisive action to tackle lethal risk-taking among young people on the roads.
FSA fines Capital One Bank £175k for PPI sales violation
The Financial Services Authority has today fined Capital One Bank £175,000 for failing to have adequate systems and controls for selling Payment Protection Insurance insurance and for failing to treat its customers fairly.
FSA fines Capital One for PPI sales failures
The Financial Services Authority (FSA) has today fined Capital One Bank (Europe) Plc (Capital One) £175,000 for failing to have adequate systems and controls for selling Payment Protection Insurance (PPI) insurance and for failing to treat its customers…
Whitehall plans anti-arson initiative
A new drive to cut the level of fire-related youth crimes - such as arson, hoax calls and attacks on firefighters - was announced today by Fire Minister Angela Smith.
Lloyd's insurer silent on £200m sale
Lloyd's insurer Talbot has hired investement bank Lexicon Partners to carry out a stratecic review of the company which could lead to a sale, according to reports.