News
Legal and General sees profits fall
Legal and General saw its general insurance combined ratio drop seven points to 101% in 2005, as its...
Indie targeted gong for Bright
Former Independent Insurance chairman Michael Bright was being groomed for a place on the Queen's Ne...
Regulation to ease on home and motor
Commoditised lines of business, including home and motor insurance, may be the first to benefit from...
NU faces RBSI Pru quandary
Attempts by Norwich Union to unlock Prudential's general insurance tie-up with a major rival could b...
Penny Black's insurance week
Amid all the rumours and counter-rumours flying around this week about mergers and acquisitions, Pen...
TUC on liability hunt
The Trades Union Congress has called for insurers to admit liability earlier and increase insurance ...
Appointment at MMA Insurance
MMA Insurance has boosted its commercial lines division with the appointment of two commercial devel...
PMA establishes rehabilitation service
PMA has established a rehabilitation service with Independent Case Management Consultancy to offer a...
Appointment at Moscrop Robinson and Chadwick
Bury-based Moscrop Robinson and Chadwick has recruited of two new members of staff: Kevin Gore and D...
The DTI's proceedings delayed yet again
The Department of Trade and Industry's proceedings against The Accident Group director Mark Langford...
Commercial insurance scheme hailed a success
A commercial insurance scheme for corporate clients of Leicester City Football Club is being hailed ...
The claimant's view
Disproportionate costs are a compensation-culture-style myth, says Tom Jones
Questgates relocates to new head office in central Birmingham
Loss adjuster Questgates has relocated to a new head office on The Wharf, the modern canal side deve...
Budget: insurance industry response
Gordon Brown, Chancellor of the Exchequer plans to hold further consultations on insurance taxation for the UK, it was revealed today, although he did not introduce any measures directly related to the general insurance industry in today's Budget.
Budget: London Market joins government in selling London to the world
Key stakeholders in London’s financial sector are joining forces with the government to promote London as the world’s leading international financial centre.
Regulators target PPI in crackdown
The Financial Services Authority and the Office of Fair Trading are to produce an action plan, published by the end of April, setting out how they believe they can deliver benefits to consumers and firms by:
Fairfax: SEC fallout “could be material and adverse”
Fairfax Financial holdings, parent company of Odyssey Re, has issued an update on the situation regarding SEC and the US Attorney of the Southern District of New York’s investigations of group companies.
Hiscox launch accreditation scheme for design consultancies
The Chartered Society of Designers launched the Design Association in partnership with insurer Hiscox at an event yesterday evening.
MVRA in health and safety drive
Vehicle repair trade body MVRA has appointed Richard Lawrence as its health and safety advisor for the South East area. Richard joined MVRA on February 27th. His appointment is part of MVRA’s ongoing development strategy for its health and safety…
Scor recovery continues
French reinsurer Scor has continued its return to financial good health by posting a €131m profit for 2005, up 75% on the €75m it made over 2004.
Budget: VCT tax break cut to 30%
The Chancellor of the Exchequer has cut the tax break on venture capital trusts to 30% from 40%, and doubled the number of people eligible.
Intermediary body disappointed with FSCS time table
The Association of Independent Financial Advisers has said it is disappointed that the Financial Services Authority's proposals for a new compensation scheme will not be implemented until the 07/08 fee year.
ABI to feed into FSA compensation work
The Association of British Insurers has thrown its hat in the ring to seek constructive dialogue with the Financial Services Authority over the reform of the compensation scheme.
FSCS concerns lead to FSA action
The Financial Services Authority today outlined four possible options for the future funding of the Financial Services Compensation Scheme, following concerns raised about the fairness, proportionality and sustainability of the present funding…