News
MMA extends itself into the regions
Broker insurer MMA Insurance is finalising its first national road shows for brokers, beginning in North east England this May.
Solvency 2 framework agreed on
The CEA, the European insurance and reinsurance federation, today welcomed the news that informal but unanimous agreement has been reached at political level in Europe on the text of the proposed Solvency 2 Framework Directive after prolonged…
Bolt replacement at Marlborough named
Flagstone has said Dominic Kirby will replace Tom Bolt as managing director of Marlborough Underwriting Agency.
Bolt replacement at Marlborough named
Bermudian (re)insurer Flagstone has said that Dominic Kirby will replace Tom Bolt as Managing Director of Marlborough Underwriting Agency Limited.
Plantec takes on new office in expansion drive
Claims management specialist Plantec Holdings leased a new office premises nearby to its Southport head quarters to house its accident investigation arm First Legal Support.
AIG boss speaks of bad blood and betrayal as he resigns
Jake DeSantis, an executive vice president of AIG's beleaguered financial products unit, has spoken about being betrayed by the American insurance giant and its management.
Bolt to replace Rolfe Tolle at Lloyd's
Lloyd's has announced that Tom Bolt will take over from Rolf Tolle as underwriting performance director.
Lloyd's appoints new franchise performance director
Lloyd's has appointed Tom Bolt as its new underwriting performance director.
XL Insurance appoints new global programs head
XL Insurance, the global insurance operations of Bermudian (re)insurer XL Capital said it has appointed Tony Cabot as director of global programs.
Weakening yen sends Japanese renewal rates up 7-10% - sources
Reinsurance renewal prices in the all-important 1st April renewal season in Japan are seen to be up 7-10%, market sources have told Reinsurance.
Mondial secures deal with luxury tour operator
Mondial Assistance in the UK has been chosen to provide a bespoke travel and assistance package to Travel Counsellors.
AIG Financial Products senior exec resigns
(BESTWIRE) - A senior executive at American International Group's Financial Products division issued a public resignation in which he said that he and other employees have been "betrayed by AIG and are being unfairly persecuted by elected officials."
Allied World starts Hong Kong office with raft of AIG hires
Allied World, the Bermudian (re)insurer, has opened a brnach office in Hong Kong.
Zenith Insurance appoint new CEO
Zenith Insurance has appointed Peter Austin as its new chief executive replacing interim boss Derek Wiley.
Aon aviation duo move to rival
Colemont Insurance Brokers has appointed Phil Stafford as director and David Wilkie as associate director of the company's London-based aviation division. Both move from Aon.
CII admits "caution" in 2009 after 7% jump in revenue
The Chartered Insurance Institute has reported a 7% growth in revenue to £30.3m (2007: £28.4m) and a 2% rise in membership to over 93 000 members in 2008. Operating surplus was £0.8m (2007: £0.6m) and the net surplus, after investment returns and…
Catlin unveils results of rights issue
Catlin Group has announced that under the terms of a 2 for 5 rights issue announced on 12 February 2009, valid acceptances have been received in respect of 98.68 per cent of the total number of new common shares offered to shareholders.
Abbey hails FSB deal as it sees profits jump 13%
Abbey Protection has announced a 13% growth in pre-tax profits to £8.3m on revenue up 11% to £30.3m in 2008.
Comic Relief campaign receives boost from the industry
Insurers and brokers across the country redoubled their efforts to raise money for this year's Comic...
Jelf awarded two stars from IIC for customer service
Jelf Group has been awarded two-star Investor in Customers status for its client service culture. Th...
Insurers buck the trend in 'dangerous decade'
Organisations across the insurance sector are bucking the national trend by preparing for disruption...
Platinum for Thatcham
Thatcham has received the platinum award for accumulating the highest number of 'skill miles' in the...
AMII makes changes
The Association of Medical Insurance Intermediaries has made a number of changes to its executive co...
Appointment at Weightmans
The head of Weightmans' London office and five more partners from its insurance division have joined...