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CII and BIBA announce Autumn training programme

The Chartered Insurance Institute (CII) and the British Insurers Brokers' Association BIBA are joining forces again to offer an expanded Autumn regional training programme of 45 courses in 13 locations around the country.

FSA bans broker from trading

The Financial Services Authority today stripped Walsall Bridge Insurance Consultants Limited of its permission to carry on regulated activities after it found the firm had failed to pass on received client premiums to insurers, leaving clients uninsured,…

Amlin profit falls 13.2%

Shares in Amlin, the listed Lloyd's insurer, fell 2.5% in early trading after it reported profit before tax of £120.1 million for the first half of 2006. The figure is down 13.2% on the corresponding period in 2005, which the insurer said was owing to…

First City sets up regional UK base

FirstCity Partnership, the insurance and reinsurance advisory firm, is to open its first regional office in Manchester. The City of London-based company has recruited Peter Stevenson, a highly rated senior insurance professional from the Manchester…

Hiscox plans sidecar reinsurer

Hiscox announced today that in order to take advantage of expected underwriting conditions, Hiscox Syndicate 33, which it manages and in which it has a 72.5% participation, is in discussions which could lead to the creation of a new reinsurer which will…

Ernesto makes landfall on Carolinas

Tropical Storm Ernesto has made landfall on the North Carolina coast, bringing heavy rains and winds just below hurricane strength to the area.

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