News
Aon Benfield confirms Xchanging deal
Aon Benfield has confirmed that it will transfer further operational work to Xchanging, the global business processor.
Berkshire Hathaway ratings downgraded
Berkshire Hathaway has seen its issuer default rating and senior unsecured debt ratings downgraded one notch by ratings agency Fitch.
Large insurers need US regulation - Allstate CEO
(BESTWIRE) The current system designed to regulate capital markets "is a Depression-era hodgepodge," and federal regulation is needed, said Allstate chief executive Thomas J. Wilson.
IGI enhances caravan product
IGI Group has launched an enhanced touring caravan insurance policy into the broking market.
Broker teams up with IFA to extend product offering
HNW broker SmithGreenfield and independent financial adviser HFS Milbourne have joined forces to offer an enhanced portfolio of services to clients.
Confused welcomes M&S back to home panel
M&S has returned to Confused.com's home insurance panel after taking a brief sabbatical while switching underwriters from Aviva to Axa.
Liberty adds two more underwriters
Liberty Syndicates, the Lloyd's of London arm of Liberty Mutual Group, is appointing two new underwriters to build on its positions in key risk classes.
Chubb targets legal profession with new product
Chubb Insurance has introduced MasterPackage Law to the market, a property and casualty package policy tailored specifically law firms.
The Sears Tower to be renamed Willis Tower
Willis today announced that Willis will become a new tenant of Sears Tower, and under an agreement with the building's owners, the building - the tallest - in the Western Hemisphere will be renamed Willis Tower.
LV and Asda team up on road rescue offering
LV and Asda, the supermarket and financial services provider, have partnered to provide a range of road rescue products via LV's Britannia Rescue division.
Beazley creates US team
Beazley has established a builders risk and engineered risk capability in the US.
Aviva downgraded by AM Best
AM Best has downgraded Aviva's holding company's issuer credit rating to "a-" from "a".
Endsleigh Let launches landlord product
Endsleigh Let has launched a product to help protect letting agents and landlords from recession.
Chubb launches new package for law firms
Chubb Insurance has launched a new property and casualty package aimed specifically at law firms and has plans in the pipeline to target other sectors.
IGI Group launches new caravan cover
Specialist UK general insurer IGI Group has launched an enhanced touring caravan insurance policy.
RSA extends Accenture outsourcing deal
RSA has extended its current outsourcing deal with Accenture for a further two years.
Rok reveal 2008 growth in insurance offering
Rok Insurance Services, the maintenance and insurance arm of building company Rok, has revealed a 30% increase in profit for, as the business announced its financial results for 2008.
Madoff pleads guilty
Disgraced financier Bernard Madoff pleaded guilty to running a Ponzi scheme on Thursday,
Cassidy Davis teams up with Quentin Willson for used car warranty product
Cassidy Davis has teamed up with Quentin Willson, a leading motoring authority, to provide what the insurer describes as the UK's most comprehensive and motorist-friendly used car warranty product.
Moody downgrades outlook on Korean insurer
Meritz Fire & Marine Insurance Co Ltd (MFM), Korea's fifth-biggest non-life insurer, has had the outlook on its financial strength rating to negative from stable by Moody's.
Liberty snags new marine liability underwriter from AIG
Liberty Syndicates, the Lloyd's of London arm of Liberty Mutual Group, has appointed David Sankey as its marine liability underwriter.
Liberty Syndicates shakes up management structure - sources
Liberty Syndicates, the Lloyd's (re)insurance arm of US giant Liberty Mutual is set to announce a shake-up, Reinsurance has learned.
Cassidy Davis teams up with TV's Quentin Willson
Specialist personal lines Lloyd's insurer Cassidy Davis has teamed up with Quentin Willson to provide a used car warranty product.
Marsh launches independent broker community
Marsh has formed a nationwide community of independent mid-sized UK brokers.