News
MMC settles US bid-rigging case
(BestWire) - Marsh and McLennan has reached a $7m settlement with nine states stemming from an investigation into bid-rigging and broker compensation schemes dating back to a 2004 investigation, state and company officials said, Reinsurance has reported.
The US and Asia to lead shallow recovery to long recession, predicts CII
The CII's latest Thinkpiece, the first of a series of six international articles in association with Chatham House, says the current global economic recession was brought about by a rapid and unusually synchronised global slump, predicting that it will…
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Government cash to boost industry skills
The National Skills Academy for Financial Services has won government funding to help financial serv...
Managers losing sleep over redundancy bill
The cost of redundancies is a major cause of concern among senior insurance executives assessing the...
Willis in NEDA link-up as governance concerns grow
Broker Willis has forged a partnership with the Non-Executive Directors' Association to help members...
Jubilee launches global property account
Lloyd's managing agency Jubilee has launched a global property account.
Pick of the week
Post senior reporter Sarah Hills rounds up the top stories from the general insurance sector. This we...
Appointment at Romero
Romero Insurance Brokers has recruited Richard Nicholson and Jon Land as directors. ...
Appointment at Ace
Ace Global Markets has appointed Andrew Williamson as head of marine product line. In this new posit...
Cobra boosts its Lloyd's fleet broking team
Lloyd's broker Cobra London Markets has strengthened its motor fleet team with the hire of four brok...
Morgan Cole merges with Bristol's CIP
Law firm Morgan Cole will grow its insurance practice by 50% through a merger with Bristol-based CIP...
Insurer to slash workforce by 10%
Genworth Financial has blamed the current economic downturn for its decision to cut more than 10% of...
HSBC head mourned
HSBC head of insurance Christen Schnor (pictured) was found dead in a London hotel room following a ...
Primary: no more staff cuts
Primary General has said it is not planning more job losses or staff departures this year, following...
Appointment at BHSF
Melanie White has been promoted to HR officer at BHSF, the Birmingham-based nationwide healthcare in...
Junction explores entry into commercial affinity market
BGL Group's affinity arm Junction has set its sights on replicating the success of its insurer panel...
Appointment at Russell Reynolds
Russell Reynolds Associates has appointed Siobhan Caragher as managing director in the firm's UK fin...
Appointment at Assurant
Assurant Solutions Intermediary has appointed Nigel Payne as managing director. Mr Payne joins ASI f...
Questgates complex loss roll out
Questgates has launched a specialist service for complex and major household losses. Advantage prov...
Broker relocates for growth
Niche broker Aaduki Multimedia Insurance has revealed its growth plans after moving to new offices i...
FSA approves Sportscover
A managing agency formed to assume the management of the Sportscover syndicate, 3334 SCS, has been a...
GAB and Crawford hit by senior liability departures
Two major loss adjusting companies have been hit by departures from senior liability teams, Post has...
Appointment at ABI
Mark Underford, assistant technical manager at Groupama Insurances, has been appointed as the new ch...