News
APC rolls out pubs and wine bars package product
Commercial insurance underwriting agency Anglo Pacific Consultants (APC) has launched a pubs and wine bars package product covering a broader than standard range of risks. Unlike other similar policies, it can extend to include the home contents of…
Coface opens office in Leeds
Coface, a provider of credit management and finance solutions for businesses, has opened a new office in Leeds.
Gocompare.com adds five brands
Gocompare.com has added five major car insurance brands - Churchill, Privilege, Lloyds TSB, Tesco and Virgin - to its car insurance comparison service.
APC launches pub and wine bar cover
Commercial insurance underwriting agency Anglo Pacific Consultants has launched a pubs and wine bars package product covering what it claims is a broader than standard range of risks. It can be extended to include the home contents of publicans or…
MMC upgraded to 'outperform' by KBW on margin increase confidence
Global broking operation and financial services firm Marsh & McLennan has had its ratings upgraded to ‘outperform’ by a Wall Street firm on hopes that the company’s new management would increase margins.
New SME products launched by Endsleigh
Endsleigh has launched new insurance packages aimed at small and medium-sized enterprises.
RBSI's Churchill bolsters Confused.com panel
Confused.com has added a number of insurers to its panel - including RBSI-owned Churchill, Privilege, Tesco, Tesco Value and Virgin.
Senior Guy Carpenter figure leaves for Catlin - sources
Mark Newman, one of the co-heads of Guy Carpenter’s global facultative reinsurance broking operation, has resigned from the world's biggest reinsurance broker to take up a senior job at Lloyd’s (re)insurer Catlin, sources close to the situation have said.
Wasa Run-off acquires Codan portfolios
Wasa Run-Off has entered into an agreement to acquire two run-off portfolios from Codan.
Hubbard quits Axa
Axa UK 's chief executive Peter Hubbard has resigned "to pursue other interests" and has been replaced by Philippe Maso y Guell Rivet with immediate effect.
Lark in Grosvenor acquisition
Lark Group has acquired Grosvenor Court Insurance Services for an undisclosed sum.
Allianz launches green scheme
Allianz Insurance is offering its network of approved vehicle repairers the chance to reduce the amount of waste sent to landfill sites.
Lockton strengthens Manchester office
Lockton’s Corporate Risk Solutions division has appointed Matt Davies as managing partner.
EU's Solvency II move "too important to fail" - McCreevy
The European Union’s move toward Solvency II is “too important to fail,” Charlie McCreevy, the European Union's commissioner for internal market and services, told a London insurance conference.
Councils report 17% drop in liability claims
A survey by Cunningham Lindsey UK of 17 local authority subscribers to its Fraudline has found the number of liability claims received during 2007/2008 fell by 17% compared to the previous year.
Transatlantic says has applied for Brazilian reinsurance license
Transatlantic Re, the wholly-owned subsidiary of Transatlantic Holdings, has become the latest in a string of reinsurers applying for an admitted reinsurers' license in the country, the company said in a statement.
Insured losses from severe weather systems over $1bn in 2008 - AM Best
Insured losses from severe weather systems like tornadoes have already passed the $1bn mark in the first three months of 2008, a report from AM Best shows.
Aon appoints renewable energy leader
Aon has appointed Tom Sexton as practice leader for its renewable business.
Scor admitted as P&C (re)insurer in Brazil
Scor has been admitted as a property and casualty reinsurer in Brazil. In addition, Scor is currently completing the formalities for SCOR Global Life US Re Insurance Company to operate as an admitted Life reinsurer in Brazil.
CCV confirms more acquisitions
Cullum Capital Ventures has confirmed it has bought Four Counties Insurance Brokers and Insurancemeans as predicted by Post ( see this week's issue ).
Talbot appoints construction underwriter
Talbot has appointed David Turner as its first dedicated construction underwriter, reporting to Steve Lloyd, Talbot’s head of Property.
Atradius reports profit growth
Credit insurer Atradius has reported a 56% increase in net profit to €164.2m in its 2007 annual results.
Apil president slams insurers
The new Association of Personal Injury Lawyers president has condemned the insurance industry over its treatment of accident victims in a speech today.
AMII confirms new chairman
Mike Izzard has been appointed as the new chairman of the the Association of Medical Insurance Intermediaries at its annual general meeting.