News
Consolidation saved brokers from bankruptcy - KPMG
Consolidation in the market has saved brokers from bankruptcy, but the recession is far from over, says a senior restructuring expert at KPMG.
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Willis CEO invests in Championship club; ABI calls for industry wide surge event plan;Capita continues claims review as VRS seals deal with Teceris;Allianz targets mid-corporate with cross-border offering;Brightside to raise £20m in shares for organic…
Europe accused of weak stance on climate emissions
China calls for more action by EU, US and Japan
MCE signs up to Open GI
Broker due to go live in New Year
Novae Re makes key appointment
New reinsurance operation staffs up before 1 January launch
Fitch puts Novae Group on rating watch negative
Rating agency move follows earlier AM Best announcement.
Catlin announces board shake-up
Guy Beringer joins board with non-executive chairman Michael Hepher poised to retire
AM Best puts Novae Group debt rating on review
Move follows decision to close UK insurance arm.
Torus parent to amalgamate businesses
Move will increase Torus capital by $79m.
Treasury looks into firms considered "too important to fail"
The Treasury Committee will seek evidence on the extent to which the structure of the current financial system should be reformed, and certain activities regulated, on the grounds of systemic risk.
Aviation reinsurance rates to rise 10-15%
GIC India and other sources claim that they are looking to raise their aviation reinsurance rates by 10-15% for 2010 renewals.
MPPI sales figures double in three months for GI provider
Select & Protect mortgage payment protection insurance sales figures have doubled since its launch in July this year.
Twitter rising in importance for insurance complaints, claims survey
ICS also found those who are adept at monitoring customer satisfaction online are better placed to put things right.
Omega warns that chairman hunt could be hampered by Invesco
Insurance group in talks with shareholders over plan to oust board members.
Questgates expands into Reading
New office to provide growth for PI business following acquisition from Davies.
Axa wins race to buy BF Rück
Axa Liabilities Managers to buy BF Rück, a non-life run-off company owned by the states of Berlin and Brandenburg
Ward calls for Lloyd's Exchange commitment
Lloyd's CEO urges managing agents to stick to reform agenda
Transactor extends renewals toolset
Retention management toolset aimed at brokers