News
NU splits from Towergate subsidiary
First Assist Insurance Services has won a contract previously held by Norwich Union to underwrite an...
Ecclesiastical CEO denies empire building after buy
Ecclesiastical has bought a 40% share in Newcastle-based specialist broker Lycetts, which it plans t...
Appointment at Keoghs
Law firm Keoghs has appointed Chris Phillips as a full-time consultant. He joins from Halliwells a...
Emerging trends
Legal update: Emerging risks
CMA push coming
Aon has predicted prosecutions under the Corporate Manslaughter Act will gain momentum given the pol...
Homeserve forecast
Homeserve has reported its membership business has exceeded expectations ahead of its full year resu...
GAB wins second tender with QBE following MBO
GAB Robins has won out in its second major tender following the announcement of its management buyout...
Abbey reports growth
Abbey Protection has announced a 13% growth in pre-tax profits to £8.3m on revenue up 11% to £30.3m ...
Continuity announcements
With a worrying fall in the percentage of managers claiming business continuity is important to their business, Sam Barrett reports on the new Robust project aimed at simplifying the set-up
Pembroke confirms Liberty hires
As revealed by Reinsurance in October last year, former Liberty Syndicates duo Quentin Prebble and Grant Witheat have joined Ironshore-owned Lloyd's syndicate Pembroke.
Beazley completes acquisition
Beazley Group has completed the acquisition of the entire share capital and all renewal rights of US underwriting manager First State Management Group.
AMII issues travel insurance warning
The Association of Medical Insurance Intermediaries is warning UK visitors to the Channel Islands to check their travel insurance following the termination of a bilateral healthcare agreement.
Pick of the week
Senior reporter Sarah Hills looks at the major stories in this week's Post: Zurich Euro chief says regulation must be proportionate and fair; 2011 deadline to avert mandatory commission disclosure; Biba seeks FSA audit over fee increases; Ecclesiastical…
Pick of the week
Senior reporter Sarah Hills looks at the major stories in this week's Post: Zurich Euro chief says regulation must be proportionate and fair; 2011 deadline to avert mandatory commission disclosure; Biba seeks FSA audit over fee increases; Ecclesiastical…
Japan property reporting double-digit rate rises - Willis
Rates for Japanese property reinsurance rose by 5-10% at the 1st April renewals, Willis Re has said.
Chubb Europe appoints new CEO
Chubb has appointed Michael Casella as chief executive officer of Chubb Europe, effective from 1 May 2009.
Repair group goes into voluntary liquidation after failing to find buyer
Autodex, the accident repair group, has put itself up for sale after 42 years of trading. This follows a drop in sales during January and February and the inability to secure cash flow support from their existing bankers for the second financial quarter…
Airmic concerned over broker conflicts of interest
The Association of Risk Managers has raised concerns about it not being possible for an intermediary to act as both an agent of the insurer and of the insured at different times during a transaction without risking significant potential conflicts of…
GAB wins out in QBE tender
QBE has appointed GAB Robins to its UK property loss adjuster panel alongside existing supplier Teceris.
JLT wins major five year deal
Costain Group PLC, the international engineering and construction group, has appointed Jardine Lloyd Thompson Ltd as the broker of record across all their lines of insurance for a minimum period of 5 years.
FSA decides against enforcing mandatory commission disclosure
The Financial Services Authority's has formally confirmed 'industry guidance' status on the market solution in respect of conflicts of interest, disclosure and transparency in the commercial insurance sector for intermediaries.
FSA rules against mandatory commission disclosure for now
The Financial Services Authority's has formally confirmed 'industry guidance' status on the market solution in respect of conflicts of interest, disclosure and transparency in the commercial insurance sector for intermediaries. The British Insurance…
Homeowners cut contents cover by up to a third
British homeowners have cut the value of their home contents insurance cover by up to a third over the last year in an attempt to save money, according to Kwik-Fit Insurance.
IPC to pay Max Capital $50m if it breaks merger deal
Bermudian (re)insurer IPC may have to pay Max Capital a termination fee of $50m if it cancels its all-share deal with its Bermudian rival in favour of Validus' takeover proposal, Reinsurance can reveal.