News
Airmic: members will have to take Solvency II pain for little gain
The Solvency II reforms as currently proposed would reduce the amount of insurance capacity available to UK businesses and put up the cost of cover, the Association of Insurance and Risk Managers has warned.
Airmic: members will have to take Solvency II pain for little gain
The Solvency II reforms as currently proposed would reduce the amount of insurance capacity available to UK businesses and put up the cost of cover, the Association of Insurance and Risk Managers has warned.
Bermuda Insurance Exchange under discussion
Plans to create a Bermuda Insurance Exchange have been put to Government, Flagstone Re chairman Mark Byrne has revealed at a Reinsurance Magazine event on the island.
Manson relocates in Manchester
Manson Insurance Group moves to new location - Kabel House, 15 Quay Street, in the heart of the Manchester business district.
Garratts agrees €700k warranty deal
Lancashire-based insurance broker Garratts has secured a contract to arrange tyre warranties worth €700 000 in Spain and Portugal.
Garratts agrees €700k warranty deal
Lancashire-based insurance broker Garratts has secured a contract to arrange tyre warranties worth €700 000 in Spain and Portugal.
‘Troubling’ bailouts punish best companies - Chubb
Chubb CEO John Finnegan, said government bailouts punish the best-run companies and impede the functioning of markets.
Allianz sells third of stake in Chinese bank
Allianz has reported a gain of 400m euros of the sale of the third of its shares in Industrial & Commercial Bank of China that it bought in April 2006.
Axis releases $500m of Senior Notes
Net proceeds for the offering to be used for “general corporate purposes.”
Councils to split £5.3m flood fund
A £5.3m award to 49 local authorities to help them tackle surface water flooding has been announced by the environment minister Huw Irranca-Davies.
LSE rule change set to boost flotations
Following a prolonged period of inactivity for initial public offerings as a result of the global recession, Marsh has predicted that early signs of economic recovery and new rules for UK firms listing on the London Stock Exchange will lead to an…
EMB: "motor reserves running out"
Things expected to get worse for motor market according to an EMB report.
Marsh: concerns persist over environmental liabilities
The heightened environmental liabilities created by recent European Union and UK environmental legislation were among the top risk management concerns raised by delegates at this week's Base conference in London, according to Marsh.
Marsh: concerns persist over environmental liabilities
The heightened environmental liabilities created by recent European Union and UK environmental legislation were among the top risk management concerns raised by delegates at this week's Base conference in London, according to Marsh.
Kiln invests in new software system
Kiln has completed a project to extract data from its system to produce Lloyd's performance management data reports more quickly following a deal with insurance software specialist Sequel.
Pexton named as new Omega CEO
Omega has named former chief executive of Heritage Underwriting Agency Richard Pexton as its new CEO. Mr Pexton, who also joins the Omega board, replaces Richard Tolliday (pictured).
Aviva launches media insurance product
Insurance giant Aviva has launched a specialis product offering protection for media firms.
Biba revamps medical insurance group
The British Insurance Brokers’ Association is to broaden the remit of its private medical insurance group to include areas such as income protection, critical illness, and group life insurance in addition to private medical insurance.
Former Axa manager joins Lorega
Lorega has appointed Jonathan Mainwaring as broker business development manager for the Southern region.
Former RSA CEO Bridget McIntyre set to take Fortis exec role
Former RSA UK CEO Bridget McIntyre is in line to become a non executive director of Fortis.
Former RSA CEO Bridget McIntyre set to take Fortis exec role
Former RSA UK CEO Bridget McIntyre is in line to become a non executive director of Fortis.
Insurance fraud losses could reach £2.5bn
General insurance fraud losses could reach £2.5bn during 2010, according to the latest insight report from Experian.
KGM nabs NIG underwriter
KGM Motor Insurance has appointed NIG’s David Martin as fleet class underwriter.
Keoghs warns of insurance fraud "plague" spreading across England
A study published by law firm Keoghs has claimed that motor insurance fraud is affecting more of England’s most densely populated areas than ever before.