News
$3.1bn decrease for US property-casualty
A group of 20 US property-casualty (re)insurers wrote $22.7bn in net premium in 2007 marking a decre...
Direct Line in small business product launch
Direct Line is launching two new insurance products aimed at small business owners and people who work from home.
Islington has highest insurance premiums in UK, according to research
Islington is the most expensive place to be insured in the UK, according to new research.
Law firm says new auditor rules could impact claims
New auditor liability rules could have an immediate impact on claims, according to commercial law firm Beachcroft.
Aviva's Moss hails capture of new European CEO
Norwich Union's parent Aviva has appointed Andrea Moneta as chief executive officer, Aviva Europe. He is currently managing director of Dubai Financial Group and will join Aviva on 1 July.
Finch buys Hampshire broker
Finch has made its first foray into the Hampshire insurance market with the purchase of Liphook-based broker Ashcombe Border Insurance Brokers.
Highway re-launches Choice Motorcycle
Broker only insurer Highway has re-launched its Choice Motorcycle product. This follows a wide-ranging review of all rating factors, acceptance rules and underwriting terms, as well as consultation with brokers. The changes have been designed to improve…
Glacier London office opens with ex-QBE MD at helm
Glacier Insurance, the European insurance subsidiary of Swiss-based Glacier Re, has started underwriting operations in London, having received the relevant regulatory approvals.
Tawa says 2007 pretax profits jump to $48m
Tawa Group the UK-quoted consolidator of non-life insurance run-off, said that full-year profit before tax and discontinued operations jumped to $48m from $5.1m a year earlier.
Tawa set to acquire PXRE today
UK-listed non life run-off consolidator Tawa has received regulatory approval to acquire PXRE Reinsurance company.
Capita swoops for broker
The Capita Group has acquired HFR Holdings and Lancaster Insurance Services for a consideration of approximately £16.5m, net of cash acquired.
European underwriter begins London operations
Glacier Insurance has commenced underwriting operations in London having received the relevant regulatory approvals, it was announced today.
Cullum Candover deal off
Towergate chairman and majority stakeholder Peter Cullum has broken off talks to sell a stake of about 25 per cent to private equity firm Candover, according to reports.
Highway re-launches motorbike product
Highway has re-launched its Choice motorcycle product following a review of rating factors, acceptance rules and underwriting terms.
Brit appoints bloodstock pro
Brit has increased the size of its bloodstock team with the appointment of Chris Williams.
Aspen launches Lloyd's platform
Bermuda-based (re)insurer Aspen has been granted approval to establish a new Lloyd’s syndicate.
Liberty appoints Newby to casualty unit
Liberty International Underwriters, a division of global insurer Liberty Mutual Group, has appointed Sally Newby to its casualty unit.
Davies Lavery makes Cat injury appointment
Law firm Davies Lavery has appointed David Brown to its catastrophic injury team.
Direct Line targets home workers
Direct Line has launched an insurance product for people who run a business from home.
CCV acquires Protectagroup
South Wales-based Protectagroup has been acquired by CCV - the group's 27th acquisition in a little over eighteen months. It boasts a gross written premium of over £33m and has a number of areas of specialism.
Survey: Smaller Lloyd's brokers squeezed in softening market
Lloyd’s brokers painted a mixed picture of resignation and resilience in a survey published today by international accountancy and advisory firm Mazars.
Cobra reports rise in profits
Cobra Holdings has reported an increase in its operating profit by 56% after releasing its 2007 annual results.
Allied World launches US reinsurance platform
Allied World Assurance Company Holdings today announced the official launch of its US reinsurance platform, Allied World Re.
Howden joins Biba panel
Howden has been appointed to the British Insurance Brokers' Association professional indemnity panel.