News
Lloyd's broker snaps-up rival
Travel insurance broker PJ Hayman & Co has bought fellow travel intermediary Venturesure.
Aviva/RAC deal imminent
Insurer Aviva is set to snap up RAC after receiving valid acceptances for its £1.1bn offer, representing 88% of the motoring giant’s share capital.
AIG woes felt at Lloyd's
Lloyd's insurer Ascot Underwriting has been impacted by the troubles at AIG, with AM Best placing its ratings under review.
AIG receives further downgrade blows
A.M. Best has downgraded the Financial Strength Ratings of most of AIG's wholly-owned insurance subsidiaries to A+ (Superior) from A++ (Superior).
RI3K supports contract certainty with fac re roll out
RI3K has announced the delivery of a fully London Market Principles compliant electronic transaction module for facultative reinsurance.
CII aims to enlist more titleholders
The Chartered Insurance Institute is embarking on a campaign to increase the number of chartered tit...
James puts focus on education
Lloyd's director of worldwide markets Julian James commended the training and development efforts of...
Know your agency: This month - Search Consultancy
Understanding the services and specialisms of recruitment consultants is important. Managing consultant Andrew Stark gives the lowdown on Search Consultancy
Appointment at BHSF
Former Sheffield Steelers ice hockey player Alan Hague has joined BHSF. He becomes account executive...
CILA optimistic as service tide changes
Andy King, outgoing president of the Chartered Institute of Loss Adjusters, claimed the insurance in...
Appointment at Professional Travel Insurance
Professional Travel Insurance has promoted Mike Clayden from finance director to managing director. ...
Zurich boss hails education tool
The proposed anti-fraud database will not only catch insurance cheats but will educate the industry ...
AIG to capitalise on legal reform
AIG is launching an annuity product to capitalise on insurers' obligations to provide periodical pay...
Claims corner
Post Magazine already provides a forum for senior insurance company claims directors through the Cla...
Appointment at Glacier Reinsurance
Glacier Reinsurance has made Oliver Wirtzfeld senior underwriter. He will be responsible for marine ...
Insurers get worse at paying creditors
Insurers are getting worse at paying creditors on time but the sector has performed much better than...
Liberty Mutual Group reports profits
Liberty Mutual Group has reported profits of $396m (£208.9m) for the three months ended 31 March 200...
Adjuster boasts of threefold increase
Loss adjuster GAB Robins this week claimed it could treble the number of claims settled within 10 da...
Appointment at Hill Dickinson
Hill Dickinson has appointed Jamie Taylor, former head of insurance claims fraud at DLA Piper Rudnic...
Alleged breach may cost brokers
Brokers may face a significant hike in compensation levy payments after a travel insurance provider ...
Appointment at Aascent
Aascent has made Stephen Bottoms business development manager for the north and north-west of Englan...
Heath keeps pressure on
Heath Lambert Group has repeated its service challenge to competitors after opening a new commercial...
What the papers said this week
THE GUARDIAN AIG, the world's largest insurer, has cut $2.7bn (£1.4bn) from its net worth and detai...
Heritage board mulls takeover approaches
The Board of Lloyd's managing agent Heritage Underwriting was due to meet yesterday afternoon to dis...