News
FSA bans for CEO over non disclosure of reinsurance agreement
The Financial Services Authority has concluded that Christopher Headdon, the former appointed actuary and then chief executive of Equitable Life, is not fit and proper to hold a significant management role at a regulated firm and has banned him from…
Quartet join CII
The Chartered Insurance Institute has announced four senior appointments today.
General Re gets China licence
Berkshire Hathaway subsidiary General Re has announced that it has been issued a license to operate as a composite reinsurance company in China on a nationwide basis.
Markel launches karting insurance product
Property and casualty insurer Markel International today launched a range of insurance coverages for professional karting circuits.
Ringsted joins ACE
ACE has announced the appointment of Sean Ringsted as chief actuary for the ACE group of companies, effective immediately. The appointment is subject to approval from the Bermuda Department of Labour and Immigration.
FSCS default declarations
Nine firms have been declared in default by the Financial Services Compensation Scheme.
Swiss Re board changes
Swiss Re has named Christian Mumenthaler as chief risk officer of Swiss Re Group, succeeding Bruno Porro who will retire at the end of 2004.
London market insurer appoints former Aviva head as director
Canopius Managing Agents, the London market insurer and reinsurer, has appointed Cees Schrauwers and Jock Birney as non-executive directors.
Munich Re announces final Q1 figures
Munich Re has announced that it made a solid start to the year with a profit of €534m for the first three months of 2004.
Past president of the APIL calls on its members
The past president of the Association of Personal Injury Lawyers has called on its members to focus ...
Layton Blackham plots underwriting growth
Broker Layton Blackham is expecting to quadruple its in-house underwriting agency income during the ...
Norwich Union expresses concern
Norwich Union has expressed concerns that there is inadequate rehabilitation for certain groups foll...
What the papers said this week
The Guardian Major insurance companies are denying home insurance or refusing claims to households ...
Appointment at Wesleyan Assurance Society
Following David Rutter's early retirement, Wesleyan Assurance Society has restructured its finance a...
ER Shaw employee pleads guilty to two charges
ER Shaw employee Stuart Porter last week pleaded guilty to two charges at North Gloucestershire magi...
Equal Opportunities head relents on gender data
The Equal Opportunities Commission has agreed that the insurance industry should be able to use data...
The ABI insists it will investigate
The Association of British Insurers has insisted it will investigate insurance companies that fail t...
New XL chief to unite Lloyd's and non-Lloyd's
The new chief executive officer of Lloyd's managing agency XL London Markets, Dermot O'Donohoe, has ...
Fraud Focus
After the Law Commission's report on the law on fraud, the government seems likely to introduce a fr...
Bupa has change of mind over pre-funded LTC cover
Bupa is withdrawing from pre-funded long-term care cover and will not accept new business from 11 Ju...
Rehabilitation 'could save EL from collapse'
Rehabilitation could be the key to avoiding an employers' liability market collapse, said Denis Burn...
Appointment at Insight
Insight Investment has recruited Alvar Chambers as a specialist portfolio manager to focus on develo...
Appointment at Zurich
Adrian Saunders has joined Zurich as specialty manager for its personal insurance business. He will ...
Study of GPs in the rehabilitation process
General practitioners are not part of a system that encourages the long-term sick and unemployed to ...