News
Adjusting giant Crawford reports $115.7m loss for 2009
The loss includes a non cash impairment charges of $140.9m, primarily related to goodwill in the company's Broadspire arm.
FSA "a lame duck" following CEO resignation, claims lawyer
Jonathan Davies, regulatory partner at City law firm Reynolds Porter Chamberlain, believes insurers should be worried by the news Hector Sants is to quit the FSA.
Cardif Pinnacle to provide MPPI cover for Yorkshire customers
Cardif Pinnacle has agreed a five year contract to provide Yorkshire Building Society customers with Mortgage Payment Protection Insurance.
US wants UN sanctions resolution on Iran within weeks, including reinsurance
The United States wants the UN Security Council to approve a resolution within weeks, laying the ground for new sanctions against Iran over its nuclear programme, including a ban on (re)insurance.
Aon makes six promotions to Birmingham office
Broker Aon insists plan to promote six is the result of success at its West Midlands operation.
FSA boss to quit in the summer
The Financial Services Authority has today confirmed that its CEO Hector Sants plans to step down this year.
CII accreditation hat trick for Open GI product clinics
Open GI’s product clinic events have been accredited by the Chartered Insurance Institute for the third year running, enabling brokers to receive continuous professional development points.
WR Berkley latest insurer to show earnings jump
WR Berkley has become the latest US insurer to show a jump in earnings with full-year earnings rising to $309m.
Clear Bike Insurance selects White Knight as claims partner
Motorcycle insurer Clear Bike Insurance has agreed to outsource its claims to Southport-based firm White Knight Solutions
Insurance For Car Hire appoints new MD
Towergate company Insurance For Car Hire has appointed Daniel Smith as its new managing director.
Beazley profits pass £100m and GWP hits a £1bn 2009
Beazley chief executive officer Andrew Horton said "our underwriters delivered again in 2009" as it reports improved profits.
Beazley profits pass £100m and GWP hits a £1bn 2009
Beazley chief executive officer Andrew Horton said "our underwriters delivered again in 2009" as it reports improved profits.
Hannover Re and Swiss Re shares in market sell-off
Shares in Hannover Re and Swiss Re were battered in trading on Tuesday on continuing capital concerns.
Hannover Re and Swiss Re shares in market sell-off
Shares in Hannover Re and Swiss Re were battered in trading on Tuesday on continuing capital concerns.
The Hartford returns to profitability
The Hartford Financial Services Group, the US insurance group, has reported improvements in earnings.
Axis Capital shows profit improvement
Axis Capital, the Bermudian (re)insurer, said that results for the fourth quarter and the year improved.
Broker Aon loses two of its property team
Keith Burnham, head of client experience for real estate and Edward Brown, client manager, have both handed in their notice at broker Aon.
CCRIF and CIMH provide support for Haiti in its reconstruction efforts
The Caribbean Catastrophe Risk Insurance Facility and the Caribbean Institute for Hydrology and Meteorology are extending support to Haiti in its long-term recovery and reconstruction efforts, particularly in hazard mitigation and future disaster…
Lloyds Banking Group management reshuffle
The Lloyds Banking Group has confirmed new management appointments for its insurance division as part of its “integration” programme.
US insurer CNA's results improve
CNA Financial Corporation, the US insurance giant, said that fourth quarter net income rose to $246m, up from a loss of $336m in the fourth quarter of last year.
Plaques bill has second reading
Labour MP Andrew Dismore has described his private members bill - Damages (Asbestos-Related Conditions)(No.2) Bill - which aims to overturn the House of Lords ruling that pleural plaques are not compensatable, as “modest”.
HNW repairs specialist launches nationwide service
Vortex has launched a new building and restoration service aimed at high net worth clients across the UK.
Insurance brokers score high in 2010 Buyout Track 100
Giles slips ten places to 13, whilst RFIB at 21 and Oval at 85 are new entrants in Sunday Times list.
D&O expert joins Marsh from Chartis
Marsh has appointed Eleni Petros as a senior vice president in its financial and professional practice.