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Ace Europe upgrades pension trustee cover

Ace Europe and the Occupational Pensions Defence Union havelaunched a new pension trustee liability product ‘Ace PTL Elite’ - which includes access to a range of specialist support services provided by the OPDU.

Arig's first quarter net profit halves

Arig, the Middle Eastern (re)insurer, has said that first quarter net profit more than halved, dropping to $3m from $7.6m in the first quarter of 2007.

AIG board 'disappointed' by recent performance

(BestWire) The board and management of American International Group expressed disappointment at the company’s recent financial performance but tried hard to allay fears that the giant insurer was in a crisis.

Zurich sees signs of rating improvement across Europe

Zurich has reported a 10% increase in gross written premiums globally for the first three months of 2008 to $1.2bn (2007: $1.02bn). Its business operating profit improved 5% to £1.1bn, although its combined ratio fell 1.3% to 94.6% (2007: 93.3%).

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Pick of the Week

Post online and supplements editor Stephanie Denton and editor Jonathan Swift looks at the week's maj...

Rehab gap costing £610m

Failure to break down the barriers to effective rehabilitation is costing manufacturers up to £610m ...

CCV buys Walsall broker

Cullum Capital Ventures has acquired Walsall-based broker Cox Lee and Co. CCV chief executive Tim Jo...

Appointment at AMII

The Association of Medical Insurance Intermediaries has appointed Mike Izzard to chairman. He succee...

Appointment at Herbert Smith

Herbert Smith has promoted partner David Willis to the role of managing partner. Mr Willis joined th...

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