News
Axis releases $500m of Senior Notes
Net proceeds for the offering to be used for “general corporate purposes.”
Councils to split £5.3m flood fund
A £5.3m award to 49 local authorities to help them tackle surface water flooding has been announced by the environment minister Huw Irranca-Davies.
LSE rule change set to boost flotations
Following a prolonged period of inactivity for initial public offerings as a result of the global recession, Marsh has predicted that early signs of economic recovery and new rules for UK firms listing on the London Stock Exchange will lead to an…
EMB: "motor reserves running out"
Things expected to get worse for motor market according to an EMB report.
Marsh: concerns persist over environmental liabilities
The heightened environmental liabilities created by recent European Union and UK environmental legislation were among the top risk management concerns raised by delegates at this week's Base conference in London, according to Marsh.
Marsh: concerns persist over environmental liabilities
The heightened environmental liabilities created by recent European Union and UK environmental legislation were among the top risk management concerns raised by delegates at this week's Base conference in London, according to Marsh.
Kiln invests in new software system
Kiln has completed a project to extract data from its system to produce Lloyd's performance management data reports more quickly following a deal with insurance software specialist Sequel.
Pexton named as new Omega CEO
Omega has named former chief executive of Heritage Underwriting Agency Richard Pexton as its new CEO. Mr Pexton, who also joins the Omega board, replaces Richard Tolliday (pictured).
Aviva launches media insurance product
Insurance giant Aviva has launched a specialis product offering protection for media firms.
Biba revamps medical insurance group
The British Insurance Brokers’ Association is to broaden the remit of its private medical insurance group to include areas such as income protection, critical illness, and group life insurance in addition to private medical insurance.
Former Axa manager joins Lorega
Lorega has appointed Jonathan Mainwaring as broker business development manager for the Southern region.
Former RSA CEO Bridget McIntyre set to take Fortis exec role
Former RSA UK CEO Bridget McIntyre is in line to become a non executive director of Fortis.
Former RSA CEO Bridget McIntyre set to take Fortis exec role
Former RSA UK CEO Bridget McIntyre is in line to become a non executive director of Fortis.
Insurance fraud losses could reach £2.5bn
General insurance fraud losses could reach £2.5bn during 2010, according to the latest insight report from Experian.
KGM nabs NIG underwriter
KGM Motor Insurance has appointed NIG’s David Martin as fleet class underwriter.
Keoghs warns of insurance fraud "plague" spreading across England
A study published by law firm Keoghs has claimed that motor insurance fraud is affecting more of England’s most densely populated areas than ever before.
Allied World Chile quake losses up to $75m
Allied World has estimated that the recent earthquake in Chile will cost it in the range of $55m - $75m, while Windstorm Xynthia, which hit Europe earlier this month, will cost the Bermudian (re)insurer $2m.
Miller looks to Markel to boost Singapore team
Miller Insurance Services has announced that Paul Cheng has joined its office in Singapore.
Accident Exchange: four insurers at the centre of Autofocus action
Accident Exchange today said that the early indications are that “four large and well known insurers and two firms of defendant solicitors” account for the most material number of cases impacted by what it claims is a “systematic production of…
Ace outlines $125m cat losses from first quarter
Ace has announced its estimated net after-tax losses in the first quarter from natural catastrophes will be approximately $125m, including reinstatement premiums.
Ace outlines $125m cat losses from first quarter
Ace has announced its estimated net after-tax losses in the first quarter from natural catastrophes will be approximately $125m, including reinstatement premiums.
FM Global reports gross premium increase for 2009
Business property insurers FM Global has announced gross premium in force of $4.7bn (£3.0bn) as part of its end of year results for 2009 – an increase of more than 5% year-on-year.
FM Global reports gross premium increase for 2009
Business property insurers FM Global has announced gross premium in force of $4.7bn (£3.0bn) as part of its end of year results for 2009 – an increase of more than 5% year-on-year.
Allianz successful in Darren Bent credit hire appeal
Allianz has successfully challenged a court judgement relating to a credit hire claim involving Sunderland and England footballer Darren Bent and Accident Exchange.