News
Brit takeover deadline extended as over 70% accept Achilles' terms
Brit Insurance has announced that the the deadline for shareholders to accept the recommended cash offer by Achilles is being extended and will remain open for acceptance until the next closing date which will be 1pm on 10 January 2011.
Brit takeover deadline extended as over 70% accept Achilles' terms
Brit Insurance has announced that the the deadline for shareholders to accept the recommended cash offer by Achilles is being extended and will remain open for acceptance until the next closing date which will be 1pm on 10 January 2011.
ABI: household now the number one target for insurance fraudsters
Home insurance is now the number one target for insurance fraudsters according to the Association of British Insurers.
High Court of Justice sanctions business transfer
The High Court of Justice has sanctioned the transfer of insurance and reinsurance business from Aviation & General Insurance Company, a subsidiary of Ruxley Ventures, to Tenecom, a member of the Berkshire Hathaway group of companies.
High Court of Justice sanctions business transfer
The High Court of Justice has sanctioned the transfer of insurance and reinsurance business from Aviation & General Insurance Company, a subsidiary of Ruxley Ventures, to Tenecom, a member of the Berkshire Hathaway group of companies.
Flagstone Re and RMS in $210m placing
Flagstone Reassurance Suisse SA and Risk Management Solutions have confirmed the successful placement of $210m of multi-peril Montana Re 2010-1 Notes, the second offering sponsored through the Montana Re shelf program.
Flagstone Re and RMS in $210m placing
Flagstone Reassurance Suisse SA and Risk Management Solutions have confirmed the successful placement of $210m of multi-peril Montana Re 2010-1 Notes, the second offering sponsored through the Montana Re shelf program.
Chaucer estimates $20m NZ earthquake exposure
Lloyds insurer Chaucer has increased its estimated exposure to the earthquake in New Zealand from $12.5m (£8m) to $20m.
Cobra announces 14% profit boost
Insurance broker Cobra has revealed a pre-tax profit increase of 14.1% for the six months to 30 September 2010
S&P predicts Russian insurer will diversify in PL
Standard & Poor's has assigned its 'BB-' long-term counterparty credit and insurer financial strength ratings to Russia-based Energogarant JSIC.
S&P predicts Russian insurer will diversify in PL
Standard & Poor's has assigned its 'BB-' long-term counterparty credit and insurer financial strength ratings to Russia-based Energogarant JSIC.
Charles Taylor begins search for new CEO as Rowe steps down
Charles Taylor Consulting has announced that John Rowe has advised the board that, after 37 years' service with the company, the last 17 of which were as a board member, he wishes to retire as CEO and as a member of the board by the end of 2011.
Exclusive gender and risk assessment content now available
Insurance Insight’s last 2010 weekly update is now live with a look at the European Court of Justice’s decision on using gender as a risk factor will have on the insurance market, and a View from the Top that examines the importance of geographical data…
Exclusive gender and risk assessment content now available on Post Europe
Post Europe’s last 2010 weekly update is now live with a look at the European Court of Justice’s decision on using gender as a risk factor will have on the insurance market, and a View from the Top that examines the importance of geographical data in…
CL reports product recall claims surge
Cunningham Lindsey has revealed a massive increase in the number of product recall claims with their value increasing from £1.5m in 2009 to £16m in 2010.
S&P revises its outlook on Dutch insurer Eureko
Standard & Poor's has revised to stable from negative its outlook on the core operating entities and the holding companies of Netherlands-based multiline insurer Eureko Group.
S&P revises its outlook on Dutch insurer Eureko
Standard & Poor's has revised to stable from negative its outlook on the core operating entities and the holding companies of Netherlands-based multiline insurer Eureko Group.
Cunninghams set for new graduate intake
Loss adjuster Cunningham Lindsey has kicked off its search for new graduates as its recruitment programme enters its third year.
Munich Re begins to spend €2.5bn energy investment pot
Munich Re, via its asset manager MEAG, has concluded a significant investment deal involving wind power plants in Germany.
Munich Re begins to spend €2.5bn energy investment pot
Munich Re, via its asset manager MEAG, has concluded a significant investment deal involving wind power plants in Germany.
AIG fined for misreporting $2.12bn of workers comp premium
AIG and its workers compensation insurance affiliates have agreed to pay $100m (£65m) in fines to insurance regulators in all 50 states and the District of Columbia for alleged premium under-reporting, acting Pennsylvania Insurance Commissioner Robert L…
Admiral launches French direct insurer L'Olivier
Admiral today announced that its direct insurance operation in France, L'Olivier (Olive Tree), launched today from its offices in Paris.
Admiral launches French direct insurer L'Olivier
Admiral today announced that its direct insurance operation in France, L'Olivier (Olive Tree), launched today from its offices in Paris.
Business insolvencies fall in November
The rate of business insolvencies fell form 0.09% to 0.07% last month, research from Experian has revealed.