News
FSA issues warning over Midlands broker
The Financial Services Authority (FSA) has issued the attached Consumer Warning about A Razzaq Insurance Brokers.
MMC shares up 15% after reporting rise in FY revenues
Shares in Marsh & McLennan, the owner of broker Marsh and reinsurance broker Guy Carpenter, were up 15% in early trading on Wednesday as the group reported an 11.6% rise in consolidated revenue for the year.
Scor says business volumes up 3% at renewals
Scor, the French reinsurer, said that business volumes rose 3% during the Jan 1 reinsurance renewals.
US Senate passes bailout plan
(Bestwire) The U.S. Senate has voted to pass an $838bn stimulus package that would subsidize half the cost of COBRA health insurance premiums for recently laid off workers.
Scottish Re CFO resigns
Reinsurer Scottish Re has said that Terry Eleftheriou has resigned from his position as executive vice president and chief financial officer, effective 9 February 2009, to pursue other interests.
XL to cut workforce by 10% as losses spiral; shares up 40%
Bermudian reinsurer XL has said that it will be looking to cut its worldwide workforce by 10% in an effort to cope with the world economic downturn.
Insurers warns of "uninsurable generation" as rates head skywards
A rise In young driver premiums could lead to uninsurable generation, according to a leading insurer.
Time to test yourself
A selection of topical questions from the question banks of ed.learn - the CII's online training resource
Elmfield's CII accreditation opens apprenticeship doors
Training provider Elmfield has been accredited by the Chartered Insurance Institute, enabling it to ...
Axa PPP environmental scheme receives BSI stamp of approval
Axa PPP healthcare's efforts to minimise its impact on the environment have been recognised with a s...
AMII appoints first General Secretary
The Association of Medical Insurance Intermediaries (AMII) has appointed Michael Payne as its first General Secretary.
Pick of the week
Post reporter Louise Meeson rounds up the top stories from the general insurance sector. This week: R...
Allianz in new agency deal
Allianz Retail has teamed up with specialist underwriting agency Kinetic to offer brokers niche clas...
Appointment at DAS Legal Expenses
DAS Legal Expenses Insurance has made three changes to three key departments - legal services, claim...
Exams need to pose wider challenge
Anthony Gould, Claims Club chairman, raised the question of whether the Chartered Insurance Institut...
ABI sets out to rebuild trust across Europe
The Association of British Insurers has published a report that aims to help restore confidence in E...
Australia blaze costs rise
The bush fires that swept through a number of states in Australia killing 200 people could cost insu...
RBS linked with new efforts to sell insurance business
Royal Bank of Scotland has been tipped to sell its insurance arm when the economic turmoil bottoms o...
Price joins Close
Andrew Price, former head of finance at RSA direct arm More Than, has left the insurer to join Close...
Post Claims Club: Advisory Board 2009
Chair: Anthony Gould, group editor-in-chief, Incisive Media Board: Steve Agutter, regional claims m...
What the media said this week
BBC Online Insurance companies have been told any cuts to the value of with-profits funds must be f...
Appointment at Total Accident Management
Total Accident Management has appointed Penny Stoolman as managing director. Ms Stoolman's appointme...
Solicitors ditched as NU takes axe to legal panel
Norwich Union's legal panel has been carved up and consolidated as part of a wider supply chain revi...
Jobs threat at Helphire
Up to 130 staff could face redundancy at Helphire after the company entered a consultation process. ...