News
New chairman and strategies at IUA.
Stephen Cane (pictured), chief executive of reinsurer Alea London, has succeeded Tim Carroll as chair...
Capital diversity benefits all.
Lloyd's currently enjoys a broad capital base that allows it to rely on the skills of many, rather than one, capital provider. Robert CB Miller advises it to maintain that diversity in reforming its capital structure.
Danish Re combines business.
Denmark-based reinsurer Danish Re is to combine its Lloyd's business, Danish Re Syndicates, with the...
Cut costs to repair flood damage, report warns insurers
Insurers must focus on cost reduction and not premium increase to repair the damage done by flood cla...
Adjournment debate on Independent
The government faced its first grilling over the collapse of Independent Insurance this afternoon whe...
Sampo Industrial sold to Hampden
Finnish group Sampo has sold its subsidiary Sampo Industrial Insurance to Hampden for an undisclosed...
AMP continues European expansion
Australian insurer AMP is to takeover financial website Interactive Investor International in a £52.1...
Axa acquires Indie commercial website and 17 staff
Axa today acquired Independent Insurance's former website for small commercial risks, business-risk.c...
Gan wins right to refuse payment to Tai Ping
A UK appeal court has found that the reinsurer Gan was justified in refusing to follow the settlement...
Cornhill takes over Indie book
Cornhill's Animal Health Division, which includes Petplan and DBI, has confirmed that it will take on...
Heath Lambert name change
Heath Lambert Financial Services has changed its name to Heath Lambert Consulting. The wholly owned...
Claims Direct not for sale - yet
Tony Sullman and Colin Poole will not sell Claims Direct in the next two years should their bid for t...
PXRE Managing Agency acquired by Omni Whittington
Omni Whittington has bought PXRE Managing Agency. With the agency Omni Whittington takes on the run-...
RSA puts the squeeze on Claims Direct
According to a report in today's Daily Telegraph, insurer Royal and Sun Alliance aims to squeeze afte...
1044 axed at Independent
Pricewaterhouse Coopers, the provisional liquidator for stricken insurer Independent Insurance has co...
Page quits SVB
Lloyd's insurer SVB Group today announced that Rob Page, group marketing director, has resigned from ...
PPB: levy increase?
The Policyholder's Protection Board would not be drawn on the possibility of a levy increase on insu...
Defence strategy.
Germany is following in the UK's footsteps on pensions. Europe's leading economic power is now trying to defuse the demographic timebomb that is set to explode the state pension system and is searching for alternative provision, says Keith Sankey.
Kwik-Fit in training.
Kwik-Fit Insurance Services is to put 600 of its existing staff through the Chartered Insurance Inst...
Liquidation causes PPB levy rise.
As the industry comes to terms with the demise of Independent Insurance and the fiascoes at Equitabl...
Irish Life US sale.
Irish Life & Permanent has agreed to sell two US businesses, Interstate Assurance and First Variable...
Capita unveils employment cover.
Capita Assistance, formerly Eastgate Assistance, has launched a new employment practice liability pr...
Freight expectations.
The mystique surrounding goods in transit is fast disappearing and the way is clear for brokers to jump onto the market's tailgate. Rates are starting to rise and competition is fierce as companies look to load up on cover, says Simon Threadgold.
Not such a gay life.
Tory leadership candidate Michael Portillo has confessed to homosexual experiences while at Cambridg...