News
Special risk unit launched by Munich Re
German reinsurer Munich Re has set up a dedicated unit to develop products offering protection against enterprise risks.
Cunningham Lindsey awards trio
Phil McNeilage, CEO of Cunningham Lindsey, who hosted a celebratory luncheon for this year’s Faculty of Claims CII prize winners. The Cunningham Lindsey Faculty of Claims prize is paid annually for the best standards in IF1 (Legal & Regulatory) and IF4 …
Novae reports £22.4m operating profit
Lloyd's and company market insurer Novae has reported an operating profit excluding FX effect on non-monetary items of £22.4m, a fall of £300 000 on the previous half year performance. Profit before tax was up £17.7m, up 22% (2006: £14.5m)
Broker blasts "incredible" threat from Environment Agency
Aon has described calls by the Environment Agency for insurers to withdraw cover as a deterrant to developers planning to build on flood plans as "an incredible suggestion". Yesterday, Baroness Young, chief executive of the Environment Agency, said the…
Trio appointed to Arista underwriting operation
Arista Insurance, the commercial lines underwriting operation, has appointed Sian Rolfe, Andy Mayers and Richard Clarke to its underwriting team in Redhill.
Lomas unaware of reinsurance contracts' contents, says defence
Dennis Lomas’ evidence in chief continued today with repeated assertions that he believed various correspondences he had regarding reinsurance contracts were in fact in relation to contracts A, B and C1, none of which are under scrutiny, reports Martin…
Stuart Alexander rebrands Helm
After acquiring Ashford-based broker Helm Group UK in March, the Stuart Alexander brand will replace Helm.
UK insurers risking insufficient scrutiny of flood claims
UK insurance providers are risking insufficient scrutiny as they process claims from the country's summer floods, data integration leader Informatica has warned.
Businesses not treating climate change as a "critical issue"
Climate change is still not a critical issue for business, accoding to a poll at the Institute of Risk Management’s annual risk forum this week.
Post pick of the week
Jonathan Swift, editor of Post Magazine provides a run down of the major news stories in this week’s issue of Post including: RBSI boss insists it is not anti-aggregator; CAN looks aborad for staff stop gap; Belfor MD quits to start firm; reinsurers warn…
Canning latest to step down at Erinaceous
Ashley Canning, managing director of Keelan Westall and Cadogan Keelan Westall, acquired by Erinaceous Insurance Services, is leaving the group on 28 September.
Broker Network doubles profit
Broker Network Holdings has announced profits after tax of over £5m for the year ending 30 April 2007, a 147% rise on its previous figures.
Staff lack PC awareness
Employees are shunning political correctness by giggling at racist and sexist jokes, and swearing or...
Exam passes for Outright employees
Outright's Stoke-based employees, achieved passes in three CII examinations. They now qualify for th...
Resignations by women on the rise
The number of women resigning from their jobs in the insurance sector has climbed in the year to Jan...
Outright proud of employees' CII results
Outright has acclaimed the success of its employees, after 100% of its Stoke-based staff achieved pa...
Time to test yourself
A selection of questions from various past-CII qualification papers
Pick of the Week
Jonathan Swift, editor of Post Magazine provides a run down of the major news stories in this week’s ...
Bidders circle as Canopius expands
Lloyd's underwriter Canopius has admitted it could be sold, after receiving approaches from "several...
Domicile move pays off
Kiln's decision to move its domicile to Bermuda has been largely vindicated after the insurer announ...
Marsh decision to raise fees holds no surprises
Marsh's decision to follow Willis and add 2.5% brokerage to its existing commission structure has be...
Academy expands M4 presence with new base
Academy Insurance Services is looking to expand its presence along the M4 corridor by opening a new ...
Appointment at Newman Martin and Buchan
Hilde Thon has been appointed as a director of the energy division at Newman Martin and Buchan. Ms T...
Former Chubb boss hired in business drive
Managing general agent Lorega has recruited former Chubb personal lines head John Sims as chief exec...