News
London insurance market looks for cost savings
The London insurance market is upbeat and enjoying a strong year, according to research by Pricewate...
Moody's delivers new Converium warning
Re-ratings
Aviva earmarks further 950 roles to offshore
Aviva will take another 950 jobs outside the UK next year, pushing forward the company's strategy to...
Winners and Losers: Post Magazine's monthly round-up of job cuts and gains
WINNERS RAC takes on more than 400 Axa staff at offices in Morecambe and Darlington, having acquire...
Outsourcing firm recruits 250
HCL Technologies is recruiting up to 250 new staff in Belfast as it looks to sign up insurers consid...
Common health problems need to be addressed
UNUM Provident claims that more than one in five people have taken time off since 1999 as a result o...
Francis to quit ABI
Mary Francis will step down as director general of the Association of British Insurers at the end of March 2005.
White Mountains announces Ivan losses
White Mountains Insurance Group has announced that the impact from Hurricane Ivan has not hit the company badly.
NU aims to cut road accidents with telematics launch
Norwich Union is aiming to reduce occupational road risks for commercial customers with the launch of Fleet Telematics.
Mueller takes on new role for Guy Carpenter in Germany
Reinsurance broker Guy Carpenter has appointed Wilfried Mueller as a managing director for its German branch office in Cologne, effective January 1, 2005.
US Department of Justice investigating AIGFP
AIG Financial Products Corp(AIGFP), a subsidiary of AIG, has become a target of an investigation by the US Department of Justice involving possible violations of federal security laws.
UK road deaths increased in 2003
The Department for Transport has published its National Statistics for road deaths and injuries in Great Britain in 2003, based on information about accidents reported to the police. The report says:
CII Conference: Axa CEO calls for less pessimism
This year's UK Insurance and Financial Services Conference got under way in earnest this morning with a powerful opening address from Axa CEO Henri de Castries.
FSA director outlines major concerns
Sarah Wilson, FSA Director High Street Firms, expressed concern about the levels of awareness in the secondary general insurance market, during a speech entitled ‘General insurance regulation: is your house in order?’ at the CII Conference.
Atrium confirms capacity acquisition
Atrium Underwriting has announced it has acquired a further £2.6m of capacity on its two managed syndicates, 570 and 609, at a cost of £0.2m.
PwC American Insurance Digest launches October 2004 edition
PricwaterhouseCoopers American Insurance Digest October 2004 edition covers: life insurance secondary guarantees, the evolving role of the chief compliance officer, capital sources entering the insurance market, enterprise-wide risk management (ERM) and…
Government makes personal injury pledge
Further stability, certainty and transparency will be brought to conditional fee agreements when fixed success fees are extended to the estimated 48 000 annual claims brought for accidents at work from 1 October, Civil Justice Minister David Lammy…
Select & Protect seals personal deal
Select & Protect has signed an agreement with broking network Personal Touch Insurance to give the latter’s members access to home insurance products.
RSA enhances charity cover
Royal and Sun Alliance has announced the enhancement of its charity trustee cover, under the name Charity Trustee Assurance.
CII debate highlights industry split on offshoring
Offshoring and staff qualifiations dominated a lively interactive debate at today 's UK Insurance and Financial Services Conference with sharp divisions emerging among senior industry figures about the merits of offshoring insurance company functions.
US Department of Justice investigating AIGFP
AIG Financial Products Corp(AIGFP), a subsidiary of AIG, has become a target of an investigation by the US Department of Justice involving possible violations of federal security laws.
Förterer resigns from Converium
Dr Jürgen Förterer, chief executive of R+V Versicherung, Wiesbaden, has resigned from the Board of Directors of Converium.
Blast off
Virgin's announcement that it will fly members of the public into orbit in three years could create ...
Actuarial Profession puts papers on website
The Actuarial Profession has put the 400 papers presented at its general insurance conventions on it...