News
Converium CEO "very satisfied" with renewals
Swiss reinsurer Converium has announced its year-end renewals have led to improved profitability and the company regaining market share.
Towergate's Cullum hails "irresistible" deal
Towergate has acquired Alliance Management Limited, which will continue to be led by CEO John McLaren-Stewart, with all 30 staff and directors making the move.
Travel giant opts for FSA regulation to pre-empt Treasury probe
The UK's largest travel agency, Thomas Cook, has announced it has applied for FSA authorisation and will be regulated from next month. In a move designed to distance itself from damaging reports of the miss-selling of travel insurance and the ongoing…
Park Insurance launches online pet scheme
Bristol-based insurance broker Park Insurance has launched a fourth website aimed at providing quotations for specialist insurance schemes.
Lockton made Airmic partner
Lockton has become an Airmic Partner as a key step in its drive to further develop its business among the UK risk management community. Airmic (the Association of Insurance and Risk Managers) represents risk managers in the UK and its members include 75%…
Marsh Finpro launches anti-fraud product
Marsh has developed a new product addressing the fraud and crime risks faced by financial institutions.
Allianz Re joins DIFC
Dubai’s financial services authority has granted Allianz Re a licence to operate as an authorised business in the emirate’s financial centre.
Aon grows Bristol professions team
Aon has appointed three new professional risks experts to boost its Bristol team.
Montpelier Re writes 23% less in “transitional” 2006
Bermudian reinsurer Montpelier Re has reported comprehensive income for the year ended December 31, 2006 of $362m on a combined ratio of 60%.
Two in five road deaths involve young drivers
More than two in five road deaths involve a young driver, Brake can exclusively reveal, yet the Government is still failing to take decisive action to tackle lethal risk-taking among young people on the roads.
FSA fines Capital One Bank £175k for PPI sales violation
The Financial Services Authority has today fined Capital One Bank £175,000 for failing to have adequate systems and controls for selling Payment Protection Insurance insurance and for failing to treat its customers fairly.
FSA fines Capital One for PPI sales failures
The Financial Services Authority (FSA) has today fined Capital One Bank (Europe) Plc (Capital One) £175,000 for failing to have adequate systems and controls for selling Payment Protection Insurance (PPI) insurance and for failing to treat its customers…
Whitehall plans anti-arson initiative
A new drive to cut the level of fire-related youth crimes - such as arson, hoax calls and attacks on firefighters - was announced today by Fire Minister Angela Smith.
Lloyd's insurer silent on £200m sale
Lloyd's insurer Talbot has hired investement bank Lexicon Partners to carry out a stratecic review of the company which could lead to a sale, according to reports.
ZFS CEO open to acquisitions as it reports $3.8bn GI profit
Zurich Financial Services has reported general insurance gross written premiums and policy fees of US$34.2bn, an increase of 2% (in local currencies), and a combined ratio of 94.2%, an improvement of 6.6 percentage points, for 2006.
The Mexican new wave
Loss Adjusting
Fraud case sends out warning
The sentencing of a fraudulent personal injury claimant has sent a message to others that the threat...
Appointment at ABC Insurance
The new broker business of Liverpool Victoria, ABC Insurance, has appointed Paul Cowlishaw as head o...
Start up director calls on insurers to get engaged
Missing List managing director Paul Burridge called on the insurance industry to get involved in the...
Admiral drops Insure and Go after six years
Direct insurer Admiral has replaced broker Insure and Go with Drakefi eld Insurance Services in an a...
Police support MID update
The UK's Police forces are backing a campaign to speed up the process of updating the motor insuranc...
Goss and co rebrands
Following its merger one year ago, Reading-based corporate broker Goss and Co is rebranding to adopt...
ZFS expects £770m profit
With the annual results season only weeks away, City investment bank Keefe Bruyette and Woods has is...
Appointment at GAB Robins
David Gamble has rejoined GAB Robins in the new position of director of Northern Ireland operations,...