News
PXRe losses confirmed
As it predicted last week, Bermuda-based PXRe has reported a loss for the first quarter to 30 June 20...
Markel reports losses
US-based Markel Corporation has announced a net loss of $17.9m for the quarter to 30 June, down from ...
CGNU general insurance results disappointing
CGNU, formed from the merger of Norwich Union and CGU, has recorded a fall in profits for the first s...
Aon down overall but brokerage and revenue up
The world's second biggest broker, Aon witnessed a fall in profits of 15% in the second-quarter of th...
Egg general insurance site signs up Cox support
A new online general insurance business from Prudential-owned Egg, to be branded Egg Insure and offer...
Towers Perrin Re buys Pegasus
Broker Towers Perrin Re of New York has acquired Pegasus Advisors of Connecticut. Pegasus is an inter...
S&P puts SIAT on CreditWatch
Standard and Poor's (S&P) has put its ratings of Italian marine insurer Societa Italiana Assicurazion...
JLT grows on back of new business
Broker Jardine Lloyd Thompson recorded pre-tax profits for the first six months of the year up 7% to ...
RBS sees profit up
Royal Bank of Scotland has recorded growth of 11% in pre-tax profits for the first six months of the ...
JLT reports rise in pre-tax profits
UK-based broker Jardine Lloyd Thompson (JLT) has reported a 7% increase in its pre-tax profit, exclud...
Crime record blues
A blueprint to provide a clearer and more reliable picture of crime in England and Wales in the 21st ...
Axa banks on new technology
Insurer Axa is pushing ahead with its plans to provide financial services via the internet and has co...
Post publisher to merge with City Financial Communications
Post Online and Post Magazine publisher, Timothy Benn Publishing, is to merge with City Financial Com...
BAIG to acquire US insurer
The British Aviation Insurance Group is to acquire specialist US aviation and satellite insurance syn...
BAIG to buy AAU
British Aviation Insurance Group (BAIG), the London-based global aerospace (re)insurer, is to acquire...
Local authorities face claims rush following court ruling
Local authorities could face an onslaught of claims - and increased insurance premiums - following t...
Churchill adds Alliance & Leicester to its brands
Churchill has been appointed sole underwriter and administrator for the car insurance account of Alli...
PIA fines Bundfuss.
The Personal Investment Authority has taken disciplinary action against JR Bundfuss & Associates in ...
Turkish delight.
The Turkish government has awarded Cordis Consulting, a division of Willis, a major contract for the...
Penny Black's insurance week.
Penny was honoured to be invited to a small party at the Association of British Insurers last week, ...
Tower of strength.
Property and casualty insurer Ace Europe is to replace its present paper-based processes with a web-...
GISC court out over rules.
Proposals by the General Insurance Standards Council for risk carrier members to deal only with GISC...
Don't forget the future.
The Yorkshire insurance market is seeing much change, but the signs for growth are positive and companies must look ahead to ensure they do not miss opportunities as they arise, says Edward Murray.
Cracks show as Clancy leaves UK Subsidence Group.
One of the six founding members of engineering consortium the UK Subsidence Group has quit to join n...