News
Legal and insurance experts at loggerheads ahead of second summit
Legal and insurance leaders have once again clashed over the issue of whiplash ahead of the second motor insurance summit at Whitehall this afternoon.
CFC makes first big appointment following news of Hyperion split
CFC Underwriting has unveiled its first major appointment since the news that Hyperion boss David Howden is to sell his majority stake in the firm.
HCC reports net earnings of $82.6m
HCC Insurance Holdings has reported net earnings of $82.6m for its Q1 results, up $35.6m for the first quarter of 2011.
Ink acquires Indemnity Risk Solutions
Ink Underwriting has strengthened its position in the solicitor professional indemnity market through the acquisition of Indemnity Risk Solutions.
AAOIFI plans reform of takaful standards
Khaled Al Fakih, the new secretary-general of the Bahrain-based Accounting and Auditing Organisation for Islamic Financial Institutions, outlined plans for a sweeping review of its guidelines in an interview with Reuters.
Zurich renames Malaysia Assurance Alliance Berhad
Malaysian Assurance Alliance Berhad has been renamed Zurich Insurance Malaysia Berhad following Zurich's acquisition of MAAB in September 2011.
Novae posts 6% jump in GWP
Novae has reported a gross written premium of £231.1m in its Q1 results representing a 5.7% increase on last year (2010: £219.7m).
Marsh sells portfolio of four businesses to R K Harrison
Marsh has reached an agreement to sell a portfolio of four businesses within Gibbs Hartley Cooper, a part of Marsh UK, to R K Harrison.
Clyde & Co promotes six to partnership in the Middle East
Clyde & Co has announced the internal promotions of six Middle East-based senior associates and legal directors to the partnership, with effect from 1 May 2012, bringing the firm's regional partner count to 30.
Bartleet snaps up Chesham
Bartleet Enterprises has acquired regional broker Chesham Insurance services.
Slough overtakes London as identity fraud capital of UK
London's Olympic neighbourhoods have become hotspots for identity fraud, and young social housing tenants are now the most targeted, according to Experian.
'Time the talking ended' on whiplash, says the AA
While the insurance industry and the government continue to discuss Britain's whiplash compensation culture, the AA has said it is now time for the talking to stop and for reforms to be put in place.
Miller announces limited liability partnership shift
Miller Insurance Services' business and employees have today transferred to Miller Insurance Services LLP in a Limited Liability Partnership which will see 90 senior staff members become LLP partners.
ProSight Specialty Underwriters appoints finance director
ProSight Specialty Underwriters has named Ciaran O'Donnell as finance director effective immediately.
Autonet signs up Auto Windscreens
Auto Windscreens has been named as the preferred glass supplier to van insurance broker Autonet Insurance.
Kennedys and Integra secure double win for Borealis
Law firm Kennedys and loss adjusters Integra Technical Services have successfully defended chemical and plastics provider Borealis in a second landmark legal victory over UK Oil Tank Manufacturers, handed down today.
Kennedys and Integra secure double win for Borealis
Law firm Kennedys and loss adjusters Integra Technical Services have successfully defended chemical and plastics provider Borealis in a second landmark legal victory over UK Oil Tank Manufacturers, handed down today.
First quarter of 2012 sees record for cat bonds
There was a record issuance in the catastrophe bond market in the first quarter of 2012, with eight new non-life issues providing more than $1.3bn of risk capital, according to the latest Insurance-Linked Securities Market Update from Willis Capital…
Willis Re appoints Welsch as executive director
Willis Re has named Andrea Welsch as executive director effective from 28 May.
Lawyers call for 'real debate' on whiplash
Hard questions must be put to insurers about the way they handle whiplash claims, lawyers have said ahead of a Whitehall summit with the insurance industry tomorrow.
DWF confirms Buller Jeffries merger
National business law firm DWF has completed its takeover of Buller Jeffries.
First Recovery teams up with Composite Legal Expenses
Disaster recovery company First Recovery, in association with Composite Legal Expenses, is set to launch what it says is a "unique" insurance policy at this year's British Insurance Brokers' Association conference.
S&P confirms Canopius outlook as 'stable'
Standard & Poor's has affirmed Canopius Syndicate 4444 at 2+ on news that Canopius will acquire Omega Insurance Holdings.
Sri Lanka's EAP enters insurance broking with Omani firm
EAP Group will form a joint venture with Oman-based broker Risk Management Services LLC to capitalise on the growing insurance market in post-war Sri Lanka.