News
MMC reports Risk and Insurance Services operating income up 12% in Q3 to $142m
Marsh & McLennan Companies' risk and insurance services segment revenue in the third quarter of 2010 was $1.3 bn, an increase of 8 percent from the third quarter of 2009.
Lord Chancellor agrees to review discount rate for PI claims
An agreement by the Lord Chancellor to review the discount rate has been welcomed by the Association of Personal Injury Lawyers.
Transactor looks to double headcount with move to new premises
Transactor Global Solutions is relocating its head office in Winchester from Cavendish House to Colden Common Business Park as a result of the company's continued growth.
Aon voices concerns over business interruption coverage
Delegates at the recent Aon Risk Symposium held in Madrid heard that Aon Corporation has seen increased demand and enquiries for business interruption insurance, yet a decreasing appetite of insurers to pay claims for the cover.
Aon voices concerns over business interruption coverage
Delegates at the recent Aon Risk Symposium held in Madrid heard that Aon Corporation has seen increased demand and enquiries for business interruption insurance, yet a decreasing appetite of insurers to pay claims for the cover.
Marsh signs exclusive agreement to boost offering in Iraq
Marsh has announced that it had signed a mutually exclusive agreement with Anglo Arab Insurance Brokers, the only international broker to be licensed and registered to operate in Iraq with offices across the country.
Bluefin puts Elite into run-off
Bluefin is putting its Elite underwriting facility for SME business into run-off.
NTR approaches £1.5m GWP in pilot
The Network Trading Room, a trading environment housed within the Broker Network exclusively for members, has today confirmed that it has written almost £1.5m GWP since trading began in August 2010 during a pilot for the service.
Exeter Family Friendly reduces PMI premiums
Exeter Family Friendly has today announced that with immediate effect, it is cutting premiums on its "Health Cover for Me" private medical insurance plan by up to 12.5%.
Gable CEO confident it will meet market expectations
Gable Holdings this morning described the first half of the year as a period of consolidation and business growth.
Gable CEO confident it will meet market expectations
Gable Holdings this morning described the first half of the year as a period of consolidation and business growth.
Trio joins Markel's MGA business
Markel International has sought to strengthen its managing general agent division with three senior appointments.
Crawford appoints six new UK sectional heads in shake up
Crawford & Company UK has reorganised its general insurance business into six business sectors in a move it claims will align it more closely to its clients’ distribution and provide an improved operational focus.
Munich Re raises year end profit forecast by €400m
Munich Re is now predicting a higher consolidated result for 2010 than previously expected: following a profit of €1.955 bn for the first nine months of 2010 (same period last year: €1.784 bn).
Munich Re raises year end profit forecast by €400m
Munich Re is now predicting a higher consolidated result for 2010 than previously expected: following a profit of €1.955 bn for the first nine months of 2010 (same period last year: €1.784 bn).
JLT CEO Burke "optimistic" as it enters final quarter of 2010
Jardine Lloyd Thompson has reported its "trading performance is in line with our expectations, notwithstanding continued challenging conditions" in its interim management statement for the period from 1 July to 8 November.
PwC seeking buyer for Rok
Rok administrators PricewaterhouseCoopers have vowed to find a buyer for the building repairs company as an "immediate priority".
Ecclesiastical outlines plans for London restructure
Ecclesiastical has revealed plans for the reorganisation of its City office.
Chartis revealed as largest solicitors' PI insurer at 2010 renewals
The Solicitors Regulation Authority has today confirmed that the total premium pool for the solicitor's professional indemnity market this year was £213.6m.
Aviva launches motor claims Iphone app
Aviva has signalled its intent to embrace the mobile phone market through the launch of its first Iphone application for motor claims.
One Answer Network appoints director
One Answer Network has appointed Neil Jenkinson to the role of client relationship director.
Chartis sees COR improve to 99.3% in Q3 2010, as AIG records $2.4bn loss
Chartis’ third quarter 2010 operating income before net realised capital gains (losses) was $1.1 bn compared to $719 m in the third quarter of 2009.
Markel International combined ratio slips to 99% following H1 losses
Markel International has reported gross written premiums of $574.0 m for the nine months to 30 September 2010, compared to $510.0 m for the same period in 2009.
Lancashire reduces property and energy exposure in Q3 results
Lancashire Holdings has seen an increase in gross written premium for the nine months ended 30 September 2010 to $595.1 m (Q3: $524.4 m).