News
Aon wins worldwide Unilever contract
Aon Corporation has won the contract to service Unilever’s business lines worldwide.
Aon wins Unilever contract
Aon Corporation has won a contract to to serve the needs of Unilever's business lines worldwide.
Brokers set for come back, says Defaqto
Despite much being written about their demise over the past decade personal lines brokers are set for a come back thanks to aggregators, according to Defaqto.
Admiral CEO sees little movement on price in Q1
Henry Engelhardt, Admiral chief executive, has warned of little movement on price in the first quarter of 2008.
Aviva to sponsor Norwich City FC after dropping Norwich Union name
Aviva is sponsoring Norwich City FC after announcing it is changing Norwich Union’s name.
Aviva confirms NU name to be dropped in global rebrand
Aviva has confirmed its plan to move to a worldwide brand, with the replacement of the Norwich Union, Commercial Union Poland and Hibernian brands.
Aon puts in place new UK regional heads
Aon has promoted Jane Kielty and Lisa Bartlett to the roles of branch director in Manchester and Birmingham, respectively.
System helps police trace £0.5m worth of stolen cars
ALD Automotive’s in-car telematics system has helped police recover £500 000 worth of stolen cars.
Partner writes more to earn less in 1Q 2008
Partner Re increased net written premiums in the first quarter of 2008 compared to the same period a year earlier due to the weak US dollar and the impact of last year’s acquisition of the international renewal rights of Mutuelle Central de Reassurrance …
Lord Levene continues to stress US platform goal
Lloyd’s chairman Lord Peter Levene has stressed that building Lloyd’s platform in the United States is one of the most important goals of the organisation at the Risk and Insurance Management Society’s annual conference in San Diego.
Lockton positions itself for long, difficult soft market
Lockton is conditioning itself for a potentially long and difficult soft market cycle as it begins a new fiscal year 1 May.
Axis Capital Q1 net income up 4%
Axis Capital, the Bermudian (re)insurer, reported a 4% rise in first quarter net income.
Brokers troubled by FSA paper says IIB
The Institute of Insurance Brokers has said it has received feedback from "many troubled members" in connection with the Financial Services Authority discussion paper - Transparency disclosure and conflicts of interest in the commercial insurance market .
Atradius Collections expands global reach
Revenues at Atradius Collections – part of trade credit insurer Atradius Group –increased by 18.1% in 2007 following the opening of five new offices worldwide.
Aon trio in broking start up
A trio of former Aon Trade Credit employees have formed Credit Insurance Alliance (Brokers).
Support for international insurance standard
A new report by Ernst and Young has found the insurance industry in favour of the International Accounting Standards Board developing a global insurance standard.
Primary General Launches a Contractors Policy
Primary General has launched its new Contractors Policy.
Sterling Launches New Executive Plus Product
Following extensive market research and consultation with its broker partners, Sterling Insurance has launched its new high net worth policy, Executive Plus.
Flagstone Re to buy 29.9% of Alliance Re
Flagstone Re has said that it has agreed topurchase up to 29.9% of Cyprus-domiciled specialist property and casualty reinsurer Alliance Re from current shareholders.
Cordys launches new business product
Cordys has launched a new business operations suite for the insurance sector, which is designed to streamline processes.
Griffin appointed as health and accident underwriter at Amlin
Amlin, the Lloyd’s insurer, has appointed Andrew Griffin as Class Underwriter on the accident and health account, reporting to leading class inderwriter, Mark Clements.
Guy Carpenter confirms job cuts
Global reinsurance broker Guy Carpenter has confirmed that it is undergoing a round of job cuts.
Adjuster CEO steps up to new role
Joe McMahon has been promoted to chairman of Charles Taylor adjusting. He was previously chief executive and succeeds John McKay, who will continue to have a role with the company.
Charles Taylor CEO promoted to chairman
London-based loss adjuster Charles Taylor has appointed Joe McMahon as its new chairman.