News
Firms called to action
The magnitude and frequency of extreme weather events such as hurricanes, floods and wildfires - whi...
Ecclesiastical start-up
David Leavesley has joined Ecclesiastical to launch a new group company offering customers an indepe...
What the papers said this week
Mail on Sunday Small businesses are to be hit with a 5% rise in their commercial insurance, fol...
THB appoints new broker
Specialist broker THB Group has expanded its London market capabilities with the appointment of Perr...
CNA looks abroad for staff stop gap
Global insurance giant CNA has admitted it may have to parachute staff from Canada into the UK, afte...
Aquilo closes IT Solutions
Aquilo has announced it is to close one of its trading subsidiaries after failing to find a buyer. I...
MD quits to start firm
The UK arm of disaster recovery giant Belfor was hit last week by the resignation of its managing di...
Insurers "pick up the tab" over lending errors
Insurers should not be left to "pick up the tab" when mortgage lenders make mistakes, according to a...
Appointment at Marsh
Marsh has appointed Vince West as a managing consultant within its business continuity management te...
Appointment at XL Insurance
XL insurance has appointed Colin Sprott as chief underwriting officer for its global marine and offs...
Market unanimous over UK flood impact
Reinsurance renewal rates in the UK household market will not suffer from the UK summer floods, acco...
Fortis/RSA in AIG link
AIG has teamed up with a number of insurers including Fortis, Royal and Sun Alliance and Equity as p...
QBE to restructure Limit
QBE Europe is restructuring Limit syndicates Syndicate 566 and Syndicate 2000 to create a new reinsu...
Reinsurers warn over terror pool pull-outs
Reinsurers Munich Re and Swiss Re are warning governments not to pull out of terrorism pools in Euro...
Benfield rate hit
Reinsurance broker Benfield's chief executive Grahame Chilton singled out its facultative and corpor...
Mondial wins contract
Travel insurer Mondial has won a contract with Eurostar to administer single-trip travel insurance p...
Appointment at Groupama
Groupama has made new appointments in its partnership business development team with the recruitment...
Appointment at Brit Insurance
John Barton is to join Brit Insurance as a non-executive director and deputy chairman. Mr Barton is ...
Appointment at Chartered Institute of Loss Adjusters
Aon's John Bell has been made chair of the professional conduct committee at the Chartered Institute...
D&G bosses' windfall
Domestic and General has announced a recommended cash offer of 1425p from Advent International, a US...
Appointment at Royal and Sun Alliance
Royal and Sun Alliance has recruited Scott Pickering as chief executive officer for Asia and the Mid...
Lomas denies Condon and Hawes' testimony
Dennis Lomas denied two key witness statements today, including one from co-defendant Philip Condon. Olivier C. Laurent reports .
Third Nat Cat exchange contract to launch
Insurance Futures Exchange Services Ltd (IFEX) and Deutsche Bank AG have announced the planned launch of trading in catastrophe event-linked futures (ELF) on the Chicago Climate Futures Exchange (CCFE) later this month, pending CCFE’s self-certification…
Newman takes on Carole Nash MD role
Former Co-operative Financial Services marketing director David Newman has been appointed managing director of motor broker Carole Nash.