News
Spitzer probe reaps more guilty pleas
New York Attorney General Eliot Spitzer has obtained more guilty pleas from insurance executives as his year-and-a-half long probe into bid-rigging and price-fixing abuses builds steam.
MetLife subpoenaed over broker compensation
MetLife has said that it has received a subpoena from Florida's attorney general and Oklahoma's insurance commissioner over broker compensation practices.
Munich Re results hit by American Re drain
Munich Re’s results for the first half of 2005 have been hit by the continuing need to strengthen the reserves of its subsidiary, American Re.
RBSI warns of pressure on motor pricing as it adds over 500 000 new policyholders
Royal Bank of Scotland Insurance’s contribution to the group increased by 6% or £25m to £435m for the half year ended 31 June, reflecting what it described as “good volume growth and expense control in a very competitive market”.
Broker enters football affinity market
Broker Direct Choice has been appointed at Celtic Football insurance partner to sell motor, bike, van and home insurance.
D&G sees strong warranty growth
Domestic and General has had a strong start to the year with strong warranty turnover growth.
Willis expands San Francisco office
Willis Group has announced the appointment of three insurance leaders to its San Francisco, California operations.
Helphire makes £25m acquisition
Helphire has agreed to acquire Swift Rentacar, the prestige car credit hire business, for up to £25.2m
Construction figures still rising says DTI
Construction orders in the year to June 2005 rose by five per cent compared to orders in the previous twelve month period, and orders in the second quarter of 2005 rose by nine per cent compared to the same quarter a year earlier, according to the…
FSSC in third training scheme push
The Financial Services Skills Council last week unveiled a new scheme to recognise trainers in the f...
Risk management MSc launched
The Chartered Insurance Institute and Cass Business School have teamed up to launch an MSc in Insura...
Time to test yourself
A selection of questions from various past-CII qualification papers
Appointment at Allied World Assurance Company
Allied World Assurance Company has promoted David Leathem to senior vice-president of international ...
BDML enters new market with Allianz
BDML Connect has expanded its insurance offering with the launch of a music insurance product, only ...
Tornado claims may reach £50m
The Birmingham insurance community has pledged to highlight the dangers of underinsurance, following...
Appointment at Genworth Financial
Genworth Financial has appointed Robert Brannock as president and chief executive of its global paym...
QBE Insurance acquires new company
QBE Insurance has acquired US insurance company, National Farmers Union Property and Casualty Compan...
MPs to seek EC action over Directive
The All Party Parliamentary Group on Insurance and Financial Services is set to step up its lobbying...
Wesleyan invests in its Birmingham headquarters
Wesleyan Assurance Society is to invest £10m into the back-office administration at its Birmingham h...
SSP implementation of software to Willis
Software Solutions Partners has rolled out the largest implementation of its Insight software system...
Appointment at Davis Corporate Risks
Davis Corporate Risks has appointed Andy Hancock as key account manager. Mr Hancock joins from Norwi...
Abbey reports lower sales
Abbey has reported that its general insurance sales have been impacted by "lower mortgage lending". ...
Appointment at Belmont International
Belmont International has appointed John Savidge and Christine Steel as associate directors. Mr Savi...
Marsh and McLennan reveal revenue figures
Broker Marsh's parent company, Marsh and McLennan, revealed second quarter profits plummeted to $166...