News
QBE makes record operating profits
QBE Insurance made record operating profits after tax for the year ended 31 December 2004. The insur...
Uncertain future over unlimited liability business
The uncertain future over unlimited liability business for motor personal injury claims has prompted...
Atrium announces profits
Lloyd's insurer Atrium has announced profits in the mid-range of expectations for the 2002 year of a...
Joseph Zubretsky resigns from GAB Robins group
Joseph Zubretsky, president and chief excutive of GAB Robins group, has resigned from the company ef...
Brit sheds more Lloyd's ties
Brit Insurance will continue directing more business outside Lloyd's during the next 18 months, favo...
Appointment at QBE
QBE has appointed Andrew McBride as claims director, European commercial division. He will take dire...
Capita predicts claims model will drive growth
Capita Insurance Services predicted its completed claims model would be the primary source of growth...
Penny Black's insurance week
The Insurance Institute of Bedford and Milton Keynes has introduced a novel way of curing hangovers....
Quotes of the day
"The lines between accident management companies, lawyers and insurers have become blurred. We need ...
Converium replaces its chief executive
Swiss reinsurer Converium has replaced its chief executive, Dirk Lohmann, with the company's managin...
NU notches up 100th buy in broker spree
Norwich Union has acquired its 100th book of broker business, bringing the value of its purchases in...
NU drafts pleural plaques appeal
Norwich Union has instructed its lawyers to draft papers for an appeal against the judgement in its ...
Appointment at Arch Insurance (Europe)
Alex Campbell has been appointed to Bermuda-based Arch Insurance (Europe) as property underwriting m...
CIS relocation sees 270 on move
A total of 270 staff will have to relocate after the Co-operative Insurance Society revealed that it...
Argent Liability Adjusters recruits senior adjuster
Argent Liability Adjusters has recruited Michael Hodgson as a senior adjuster at its Bristol office....
JLT: commissions are under review
International broker JLT has revealed it has not abandoned the possible receipt of contingent commis...
Industry frustrated at DWP pilot
Insurers, claimants and defendant lawyers all expressed frustration at the Department for Work and P...
Newcastle buy for Smart & Cook
Smart and Cook has purchased the commercial and personal lines account of Newcastle broker Alan Wilson Insurance Services.
EC threatens tax-exempt mutual insurers
The European Commission has recommended that France abolish, by 1 January 2006, the exemption from tax on insurance contracts enjoyed by mutual and provident societies in the case of non-health insurance risks.
Record insured losses in 2004, claims Swiss Re sigma study
According to the latest study by Swiss Re, catastrophes caused insured losses totaling $49bn worldwide; most of this figure was due to windstorms in the US and Japan. More than 300 000 people died in natural and man-made catastrophes in 2004, with the…
CIS continues claims shake-up
The Co-operative Insurance Society will close another seven claims offices and relocate 270 staff.
HBOS GI profits up 9%
Halifax Bank of Scotland Insurance has reported premium income increased by 9% to £1,732m in 2004. The group said all major product lines contributed well, increasing overall profit before tax by 9% to £485m - allowing for the adjustment for the impact…
Barlow joins Towry Law from Marsh
John Barlow has joined Towry Law Insurance Brokers as business unit managers for the corporate general insurance team from Marsh.
Heath Lambert in board shake up
Heath Lambert Group has announced the retirement of Ian Martin, executive chairman. His retirement coincides with his 70th birthday.