News
Connecticut AG confirms finite risk subpoenas
Connecticut’s State Attorney General Richard Blumenthal has said he has issued subpoenas to 18 companies in recent months in a widening investigation into whether a type of insurance was used to manipulate earnings.
Spain's Mapfre acquires Bristol-based intermediary
Spanish firm Mapfre Asistencia has acquired Abraxas, the Bristol-based insurance intermediary in the motor sector for £10.5m, reports Anthony Gould.
OFT liability report fudges ATE
The volunteering and equestrian sectors have been identified as two areas in need of further investigation with regards to the availability of liability insurance, reports Jonathan Swift. This is one of the points identified by the Office of Fair Trading…
AIG names comptroller
American International Group (AIG) has named David Herzog as comptroller and Robert Gender as treasurer.
Swiss Re predicts GI slow down
The insurance industry continued to expand and regain financial strength during 2004, according to Swiss Re’s latest sigma study.
Path to success: Regional management
Ross Dingwall, regional manager of Hiscox's new Colchester office, reflects on his career to date
CII graduates on the increase
The number of candidates graduating in the Chartered Insurance Institute's Diploma and Advanced Dipl...
25 broking partners complete Axa training
AXA this week revealed that the first 25 broking partners have completed its management training pro...
Alexander Forbes restructures services
Alexander Forbes has restructured its International Risk Services creating four centres focusing on ...
Superjumbo bumps up Lloyd's
London Market News
BDML Connect seals HBOS pet deal
BDML Connect has won another major affinity contract, this time with Halifax Bank of Scotland. Thor...
Co-operative Insurance Society achieves savings
The Co-operative Insurance Society said it had achieved significant cost savings through its restruc...
Corvus drops RSA takeover
Corvus Capital, the takeover vehicle of financier Andrew Regan, confirmed it has abandoned tentative...
Norwich Union launches new insurance
Norwich Union has launched a new engineering insurance offering to complement its existing segmented...
Support grows for punishment push
Last week, Post Magazine broke the news of how the UK public's perceptions of fraud could be changing. Research found 75% believe the law needs changing to stop the rot. Ralph Savage reports
Warranty giant to enter new markets
Home emergency and warranty services provider Homeserve has ambitious plans to expand internationall...
Cox board given deadline
London Market News
LLoyd's searches for head of claims
Lloyd's has confirmed it is looking for a successor for Jeremy Pinchin, former head of claims, reins...
Welsh broker mulls new acquisition push
Welsh broker Thomas, Carroll Group has reported a 19% increase in gross written premiums to £19m for...
Oval agrees to acquisition
Oval, the UK insurance broker backed by Caledonia Investments, has agreed to acquire, subject to Fin...
Appointment at Creechurch Underwriting
Lloyd's managing agent Creechurch Underwriting has appointed marine and energy underwriters Stephen ...
SVB buys Eclipse Annual Accounting
London Market News
RSA boss questions database appetite
The industry's ability to learn from losses in the large corporate sector is "fragmented and shallow...
What the papers said this week
Daily Mail Imagine turning up to a local church fete this summer and driving off in a Ferrari - org...