News
HCML names new CEO
Rehabilitation provider HCML has appointed Keith Bushnell as its new chief executive, replacing former CEO Helen Merfield who takes up the new role of founder and clinical director.
Former Direct Line MD joins Fortis UK board as retail boss
Andy Watson takes up his new role as managing director - retail with immediate effect.
Geneva Association: Insurers not a systemic risk
Insurers and reinsurers do not carry the systemic risks of other financial intuitions, insurance think tank Geneva Association has claimed in its latest report.
Geneva Association: Insurers not a systemic risk
Insurers and reinsurers do not carry the systemic risks of other financial intuitions, insurance think tank Geneva Association has claimed in its latest report.
Markel appoints new Swedish boss
Anne-Sofia Hedin has been appointed general manager of Markel Sweden, which is based in Stockholm and provides insurance products across Nordic countries, the Baltic states and Russia.
Markel appoints new Swedish boss
Anne-Sofia Hedin has been appointed general manager of Markel Sweden, which is based in Stockholm and provides insurance products across Nordic countries, the Baltic states and Russia.
Lloyds GI book hit by £156m rise in claims
The group saw its general insurance profit dip 32% in 2009 to £367m (2008: 537m) and overall insurance arm profit fall 34% to £1.2bn (2008: £1.54bn).
Helphire results improve for second half of 09
However, credit hire firm reports an statutory loss before tax of £0.4m.
Lancashire net profits rise despite fall in premiums
Lancashire's net profits rose in the fourth quarter and in 2009 despite a fall in gross written premiums during the periods.
Brit post-tax profits grow 30%
Brit Insurance has announced a post-tax profit of £87.5m for 2009 – an increase of more than 30% on the £66.6m for 2008.
Reinsurance launches the Bermuda Reinsurance Club
The first half day seminar to be held in Bermuda on March 17th
Aegon repays one third of capital back to Government
It saw an underlying earnings before tax of Euro 427m and net income of Euro 393m, due to what it described as improved earnings, realized gains on investments and lower impairments.
ARAG continues recruitment drive
ARAG UK has made three new appointments, including James Morgan, who joins the underwriting team from Alico UK as ATE assistant underwriter.
Aviva teams up with SSP
Aviva has joined forces with IT company, SSP, to give 600 extra brokers access to personal lines products.
FSA fires warning letter to brokers
The Financial Services Authority has reminded insurance intermediary firms that they must have adequate financial resources at all times.
Bond Pearce appoints new commercial insurance partner
Richard Dedman will join the firm from Barlow Lyde & Gilbert, where he was Senior Partner.
ABI backs government asbestos plans
The Association of British Insurers has backed Justice Secretary Jack Straw’s package of measures for people with asbestos-related diseases.
PwC appoints Islamic finance head
PricewaterhouseCoopers has appointed Takaful expert Mohammad Khan as its new UK Islamic finance leader.
Towers Watson warns against Solvency II recruitment reliance
Professional services company Towers Watson has warned insurers against on an over-reliance on recruitment if they are to convince the Financial Services Authority they are making progress towards Solvency II compliance.
Towers Watson warns against Solvency II recruitment reliance
Professional services company Towers Watson has warned insurers against on an over-reliance on recruitment if they are to convince the Financial Services Authority they are making progress towards Solvency II compliance.
Ansvar appoints new sales director
Ansvar insurance has appointed Richard Lane into the newly created position of sales director.
Price Forbes Fac brokers leave - sources
Four facultative reinsurance brokers have left Price Forbes amid rumours that it is closing its facultative reinsurance broking team, Reinsurance has learned.
Thompsons' mixed reaction to government's asbestos decision
Thompsons Solicitors has expressed disappointment at the decision not to restore compensation for people with pleural plaques in England & Wales.
Allianz GI arm reports a drop in 28% drop in operating profit
The two biggest drivers were a decline of 0.6bn euros in operating investment income and an underwriting result which was down 0.7 bn euros.