News
Call for investigators' code
I write in response to the recent exchange of views on the subject of private investigators and the...
PwC to launch fast-track scheme for EL settlements
The liquidator of Chester Street Insurance is set to launch a new scheme to fast-track some employe...
Through the internet maze with Richard Griffiths
Giles Insurance Brokers scores the same kind of coup with its internet address as B&Q's www.diy.com...
Biba caught with its trousers down by IIB
Mike Williams must enjoy being caught with his trousers down, for he was seriously underprepared to...
Ricksons deal boosts turnover
Ricksons Solicitors expects to boost its annual turnover by £1m, having swooped on the Leeds and Ma...
A marriage of inconvenience?
The benefits offered through third party administration are manifold but if it all goes wrong it can prove extremely expensive to terminate a contract. Nigel Frudd says considering the deal from all angles is the key to success.
Folgate Partnership makes seventh acquisition
The Folgate Partnership has made its seventh acquisition - Hertfordshire-based broker Seymour Pope,...
Appointment at Ace Europe
Ace Europe has appointed Chris Moore to the Manchester team as energy engineer. Mr Moore joins from...
PRO Syndicate Management acquires business of Commodore Underwriting
Lloyd's Managing Agency, PRO Syndicate Management, a member of the Swiss Re Group, has acquired the ...
Appointment at SBJ Group
SBJ Group, the insurance and consulting group, has made 11 new appointments. Steve Brown, Jill Dunm...
Appointment at MBP
MiniBusPlus has appointed Peter Montague-Johnstone as fleet development manager. Mr Montague-Johnst...
Appointment at BHSF
BHSF, the Birmingham-based health benefits provider, has appointed Simon Clark, Mark Jackson and Br...
Opening the flood gates
A landmark flood case due to be heard by the House of Lords could allow insurers to recoup money from the water utility companies, say Christian Young and James Dingemans QC.
Sherwood International's shares slump by 17%.
IT service provider Sherwood International's shares slumped by 17%, following the firm's gloomy fore...
Willis reveals record results for 2002
Broking group Willis made a profit of $210m in 2002, up from just $2m in 2001. Chief executive Joe ...
XL drops Winterthur name
The Bermudian (re)insurer XL Capital is further dropping the name Winterthur from the property and ca...
Ace moves reinsurance into profit
The reinsurance business of the Bermudian (re)insurer Ace made a $296m profit in 2002 following a $9m...
Renaissance Re reveals surge in profit
Bermudian (re)insurer Renaissance Re more than doubled its annual profit in 2002 to $364.8m, from $16...
ART demand grows, finds Swiss Re study
Demand for alternative risk transfer (ART) products is continuing to grow, despite concerns about the...
Fitch maintains ratings of delisted ESG Re
Fitch has maintained on rating watch negative its 'B' (weak) insurer financial strength ratings of ES...
Markel moves into profit
In the fourth quarter of 2002 the US-based (re)insurer Markel made its first quarterly underwriting p...
Trenwick gets more downgrades
AM Best has joined other rating companies in downgrading the troubled Bermuda-based (re)insurer Trenw...
Max Re reveals loss in 2002
Bermudian reinsurer Max Re made a net loss of $5.7m in 2002, compared with a $2.5m profit the year be...
Backstop blues
The long wait for a federal US backstop for terrorism cover ended late last year but details of the government's new terrorism insurance programme and its implications remain unclear. Peter Chaffetz and Fred Reinke report.