News
Post scoops gongs
Post's news and online editor, Ralph Savage, was named General Insurance Writer (Trade Media) of the...
Broker expands scope
Broker Atkinson Smith has acquired DMS Self-build, a specialist scheme for insuring self-build proje...
Zurich and RSA go head to head in Olympics bid
Zurich is believed to have nudged ahead of rival Royal and Sun Alliance in the race to become the le...
Fortis seeks affinity deals with new launch
Fortis is set to make a concerted push onto motor forecourts, with its new affinity boss revealing i...
Brokers wary of change
BIBA Conference News
RAA quarterly report reveals strong results
A group of 22 US property-casualty reinsurers wrote $6.7bn of net premiums during the first quarter of 2007, according to a survey by trade association, the Reinsurance Association of America (RAA).
Underwritng agency launch into intangible assets market
A specialist underwriting agency has launched into the intangible assets market, with four new products designed for brokers.
Scor offer delayed by fortnight
Scor’s takeover bid for Converium has been delayed by another two weeks due to “unresolved” regulatory issues.
Japanese reinsurer sets up in Isle of Man
The first Japanese-owned reinsurance company to set up in the Isle of Man has received its licence to operate from the insurance and pensions authority.
Markel launches medical malpractice product
Specialty insurer Markel International has launched a medical malpractice product aimed at the complementary and alternative medicine (CAM) industry.
Hiscox boss moves to Lloyd's
Lloyd’s has appointed a director to drive its work enhancing the market’s operational competitiveness and ensuring a focus on North American business.
Noriwch Union roll out high net worth product
Norwich Union (NU) has launched a high net worth product after a review of its personal lines business.
Markel International launches new medical malpractice product
Markel International, the specialty property and casualty insurer, has launched a medical malpractice product aimed at the Complementary and Alternative Medicine (CAM) industry.
The Insurance Partnership announces new company structure
The Insurance Partnership has announced a new company structure which it claims will reflect its determination to offer every customer the most appropriate specialist support.
LV swoops for Swiss Re arm
LV has today announced that it has entered into an option agreement to acquire the new business operations of Tomorrow - formerly known as GE Life - from Swiss Re. The option becomes exercisable in late December 2007, subject to regulatory approval.
Colemont recruits finance director
Colemont Insurance Brokers today announced that Chris Sturgess has joined the company as finance director.
Indie trial judge sets out timetable
The trial of three former directors of Independent Insurance started today at Southwark Crown Court, London. Judge Rivlin QC confirmed that the trial was scheduled to run until the third week of September with a holiday break between 25 July and 13…
Insurer rules out RSA bid
The chief executive of Finnish insurer Sampo has ruled outr a bid for Royal and Sun Alliance claiming it has no interest in returning to the UK insurance market.
Consolidator reports 118% jump in turnover
Listed broker Jelf this morning reported its turnover was up 128% to £17.1m for the six months ended 31 March.
Chubb launches insurance solution for financial institutions
Chubb Insurance has launched MasterPackage Infinity, a ‘one-stop-shop’ package to cover all the needs of Financial Institutions.
Capita CMGL wins two contracts
Capita has been appointed to provide claims validation services for Bridge Re, the Bermudian vehicle created to underwrite property catastrophe retrocessional reinsurance business.
Euro insurance conference reveals fraud concerns
Gerard de la Martiniere, President of the Comite Europeen des Assurances and Karel Van Hulle, Head of Unit, Insurance & Pensions Financial Institutions, European Commission, were welcomed to the FUEDI General Assembly in Gent, Belgium on Friday 25th May.
Former Argenta MD joins Axiom
Axiom, the outsourcing and consulting (re)insurance specialists advising on and managing insurance business processes and exposures, has appointed Tim Riddell as managing director of its London Insurance Market Financial Reporting division.
Aon and Heath Lambert reach settlement
Aon and Heath Lambert today announced they have reached a settlement of all of the litigation relating to former Aon Newcastle employees. The employees defected to Heath Lambert in the first quarter of last year. Details of the settlement remain…