News
PXRe expects five-fold increase in losses
Bermuda-based PXRe has announced that it is expecting to make a net loss of around $23.5m in the seco...
Legal & General up in first half
Legal & General Group has recorded pre-tax operating profits of £231m for the first half of the year,...
Concorde crash costs estimates
The crash yesterday of the Air France Concorde which tragically killed 100 passengers, nine crew and ...
ECGD review a missed opportunity
The International Underwriting Association believes the government missed an opportunity in its revie...
Abbey National joins Equitable watchers
Abbey National has put itself in the frame for Equitable Life and confirmed this morning that it wou...
CGNU sells off German general business
CGNU is to sell its German general insurance business, General Accident Versicherungs to Gerling-Konz...
Insurers get green light from FSA over inheritance
The Financial Services Authority has given the thumbs up to Axa's proposed transfer of the policies a...
Ren Re reports record earnings
Renaisance Re has reported record operating earnings per share in its second quarter results. The B...
Audited accounts credit warning
Brokers and other companies with a turnover of under £1m a year could lose their access to credit fol...
Insurers welcome ruling on suing barristers
Barristers have been stripped of the immunity that they have enjoyed for two centuries following a la...
Paddick to push ahead with regulatory plan
Andrew Paddick, director general of the Institute of Insurance Brokers has written to brokers confirm...
Credit hire industry sets up trade body
A new trade association for credit hire operating companies has been launched called the National Ass...
Equitas increases reserves
Equitas, the company set up by Lloyd's to reinsure and run off its pre-1993 non-life liabilities, has...
Surge in claims due to rise in crime.
Insurers fear a continued surge in claims for compensation as government figures released on Tuesday...
Site success for Cox.
Cox Insurance claims its internet-based trading system for brokers, brokersure.co.uk - which is due ...
Churchill reveals plans for new Ipswich claims team.
Churchill Insurance has revealed plans to open an additional claims unit in Ipswich to handle both h...
No Jaffray ruling until October.
A cloud will continue to hang over Lloyd's until the autumn as judgement in the Jaffray fraud case i...
Trans-Atlantic teaming.
General insurance actuary English Matthews Brockman and US actuarial consultancy Miller Herbers Lehm...
Commercial break.
Accident Assistance has launched a product dedicated to the needs of commercial vehicle drivers invo...
Insurer acts to fill LTC void.
Charity Age Concern has joined forces with insurer CGU to offer a range of branded products for olde...
London to benefit from rising US legal costs
US lawyers could become increasingly dependent on the London insurance market to provide their profes...
Appointment at Old Mutual.
Eric Anstee has taken up the newly-created role of chief executive of financial services at Old Mutu...
CGNU's £600m buys.
Insurer CGNU's plan to form a bancassurance joint venture with the Royal Bank of Scotland saw it pay...
Carr goes Brum.
Niche loss adjuster Carr Greenwood Smith plans to open a Birmingham office at the end of September a...