News
Storms cause US profit dive.
Storm damage claims in the first three months of the year contributed to a dive in financial results...
Appointment at Swiss Re.
Achim Bauer, co-head of global marketing for Swiss Re New Markets, has been named managing principal...
Appointment at Link Insurance.
Darrell Drake is the new commercial underwriting manager at Link Insurance. He joins the company fro...
Government outlines long term care strategy
The insurance industry has welcomed the government's statement on the future of long term care, but r...
Pru down in UK but up abroad
Prudential recorded a 14% increase in first-half operating profits to £425m on the back of growth in ...
MGM seeks advice over Equitable.
Worthing-based mutual MGM Assurance has said it is seeking Queen's Counsel advice as to how it would...
Zurich Insurance in joint Thai deal.
Zurich Insurance Company is to expand in Thailand following a joint venture deal with Thailand's Nat...
PWC: e-rule warning.
Financial services consulting group PricewaterhouseCoopers has called for a change in the regulation...
Brum in Euro co-op.
Birmingham broker Perkins Slade has been appointed UK partner for the European network International...
Ones to watch.
Amid the recent giant broker mergers, several smaller players have been busy buying as well, as Anthony Gould reports.
IAL deal benefits Marbles users.
Independent financial adviser Inter-Alliance has signed a deal with bank HFC to provide credit card...
Orphans move raises hopes.
Other insurer's could follow Axa's lead in buying out policyholders' interests in inherited estates ...
CII broker title gets go-ahead.
The Chartered Insurance Institute Council has given the go-ahead for a Chartered Insurance Broker ti...
Leicester brokers in major merger.
Two Leicester-based brokers have merged to form one of the largest intermediaries in the East Midlan...
TIFCO delighted as no buyer found.
Premium finance provider TIFCO has said it is "delighted" its parent has failed to find a buyer for ...
Appointment at St Paul at Lloyd's.
St Paul at Lloyd's has appointed Gordon Willis as chief financial officer for the group. He joined S...
It's not an Equitable Life.
The statement that "the manager has the complete support of the chairman and the board" is tradition...
Fortis set to buy US insurer
The international insurer and financial services group Fortis has reached an agreement today to acqui...
Sales soar for CGNU.
CGNU recorded an 18% increase in total worldwide new business sales, representing £6.1bn in the firs...
Allianz Cornhill launches new home product.
Allianz Cornhill has launched a new home product for customers of DIY giant Focus Do It All. The pro...
Zurich flies high.
Zurich Financial Services has increased its holding in South African Eagle from 58% to 83%. It acqui...
aeos sold on new e2-one.
E-solutions company Sherwood Technology has launched a new subsidiary called e2-one to help market a...
Appointment at AIG Europe.
AIG Europe has made two key appointments. Terry Bennett has been promoted from compliance officer to...
Consolidation lies ahead say brokers.
UK brokers intend to deal with far fewer insurers in the coming years. Research undertaken by Mor...