News
Appointment at Institute of Actuaries
The Institute of Actuaries has announced that Nick Dumbreck will be its next president. Mr Dumbreck,...
Axis chief financial officer steps down
Andrew Cook, chief financial officer at Axis Capital Holdings, has confirmed he will step down from ...
Defra warned of insurer limitations
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What the papers said this week
Financial Times Employers could be forced to pay compensation to staff who are victims of violent c...
Lennon: stop focusing on past
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Events
10 January - Insurance Institute of London Lunchtime Lectures - Contract Certainty. Lloyd's Old Libr...
Lloyd's removed from Credit Watch
Standard and Poor's has removed Lloyd's from Credit Watch, where the market had been placed with neg...
Insurers to form group action to recoup losses
Insurers who suffered property and business interruption losses resulting from the Buncefield oil de...
Equitas reports slower progress
Equitas has reported much slower than expected progress on settling inward liabilities in its half-y...
Trade credit launch
Broker Alexander Forbes has launched a new trade credit insurance and surety practice. The operatio...
Appointment at Exeter Friendly Society
Exeter Friendly Society has bolstered its sales team by appointing Linda Baker to the newly created ...
Reputational rumour risk
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Axa Insurance renews liability adjusting arrangement
Axa Insurance has renewed its current liability adjusting arrangement with sole provider Cunningham ...
ELD insurability needs greater legal clarity
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Risk defence is quashed
A group of Lloyd's reinsurers has lost its appeal against a £100m claim after failing to convince a ...
Appointment at Oval
Naresh Patel has joined Oval Risk Services in Leicester as a managing consultant specialising in bus...
Appointment at Alexander Forbes
Alexander Forbes has expanded its corporate risks and international business in Birmingham with the ...
Appointment at Europ Assistance
Charles Walckenaer has been appointed managing director of Europ Assistance UK and Ireland. Mr Walck...
Lancashire IPO underwriters exercise options
In a sign that its London AIM market debut has been well received by investors, Bermudian start-up Lancashire has announced that it has received notice from Merrill Lynch, acting on behalf of the managers to the placing that it has exercised rights to…
Allianz Cornhill produces interactive risk management guide
Allianz Cornhill Commercial has produced an interactive CD which offers motor trade policyholders guidance on reducing the risks they face. The CD allows brokers to download an electronic copy of the Allianz Cornhill risk management guide.
$1bn Validus Re opens for business
New Bermudian start-up Validus Re has announced its formal launch. The company has raised an initial $1bn in equity capital and has received a rating of A- (Excellent) from AM Best.
Yes car credit blames insurance as it folds
Provident Financial's Yes Car Credit business has closed, with the company blaming reduced sales of insurance products following Financial Services Authority regulation, and competition from motor dealers for sub-prime finance customers.
Lloyd's chief announcement set for New Year
The search for a new chief executive at Lloyd's is down to the final eight candidates.
2006 positive news for insurers, says Swiss Re
Swiss Re has predicted positive underwriting results for the primary non-life and life sectors in 2006. Non-life primary premium rates are, the reinsurer said, expected to grow above inflation in 2006.