News
Spitzer inquiry continues to widen
New York Attorney General Eliot Spitzer has announced that he is suing consulting firm Universal Lif...
Appointment at Xchanging
Paulus Deuticke has been appointed as development director at Xchanging. Reporting to Adele Brown, s...
The winds of no change
2004's hurricanes are likely to prevent the kind of rate-softening that buyers have been hoping for this renewal season
Appointment at Heath Lambert Group
Heath Lambert Group has appointed Laurence Lemee to its London-based marketing department. Ms Lemee...
Appointment at John B. Collins
John B. Collins Associates has appointed Tim Poeton as a vice-president in the company's New York of...
Appointment at Agnew Higgins Pickering
Tony Pickering, chairman of independently managed Lloyd's broker Agnew Higgins Pickering, will retir...
Appointment at Marsh & McLennan
Marsh & McLennan has announced that Roger Egan, president and chief operating officer of Marsh, and ...
Appointment at Kiln
Professor Ian Percy will be retiring as chairman of Kiln with effect from 4 March 2005 and as a dire...
Appointment at Guy Carpenter
Guy Carpenter has made George Carrington as senior vice-president in its UK casualty specialty pract...
AM Best affirms Scor rating
Re-ratings
American Club announces P&I increase
The American Club has announced a general increase of 10% in total premium for its P&I business for ...
RMS looks at ’04 hurricane season
Risk Management Solutions (RMS), has unveiled a research initiative to analyse what it describes as “the unprecedented level of data generated by the 2004 Atlantic Hurricane Season”. The program includes research into hurricane frequency and an extensive…
Morgan Cole extends equine experience with solicitor hire
Susan Bywater-Lewis, a solicitor who specialises in advising agricultural insurers and dealing with equine litigation claims, has joined the insurance division of Morgan Cole, based in Swansea, South Wales.
Marsh director joins Willis
Willis Group has announced that former Marsh executive Arlene Corsetti has joined as Executive Vice President, Regional Executive Officer (REO) to lead the Western Region.
Link in European expansion
Link Insurance has received approval from the FSC to write business in France in its core areas of motor and household in a multi million pound capacity deal.
FERMA calls for EC to define transparency practices
Many national risk management associations have already begun or are considering some form of inquiry or action, as details of contingent commissions, market service agreements and even price collusion between brokers and insurers have emerged from the…
RAA releases latest US P/C figures
According to a Reinsurance Association of America (RAA) survey of reinsurers’ statutory underwriting results, a group of 27 U. S. property-casualty reinsurers wrote $22.3bn of net premiums during the third quarter of 2004.
Homeserve reports a £17.3m loss
UK emergency repair service and warranty company Homeserve announced a first-half loss after taking charged related to the sale of two units.
Broker Network announces first results since flotation
Broker Network has announced a 75% increase in turnover through organic growth and acquisition in its first interim results since its flotation on AIM in May 2004.
FSA strikes: Keith Rutter fined £20 000
The Financial Services Authority has shown it plans to follow through its policy of holding directors responsible for their actions and has imposed a statement of public censure on The Underwriter Insurance Company and fined its former CEO Keith John…
JLT: uncertainty ahead
The insurance industry is facing a period of uncertainty against a backdrop of challenges from terrorism to regulation, according to Mike Hammond, the chief executive of JLT Risk Solutions, at the JLT annual industry symposium in London: “The Insurance…
Japan hit by strong quake
Northern Japan has been hit by a powerful earthquake, with a magnitude of around 7.0 on the Richter Scale.