News
New binding division
Lloyd's broker John Holman and Sons is creating a new division to handle all of its binding authorit...
Oval appoints third MD
Oval has appointed Peter Matthews as regional managing director of the East Midlands. This is the th...
Direct expansion hopes
Motor fleet insurance specialist Direct Commercial is hoping to double its business over the next tw...
FSA streamlines reporting
The Financial Services Authority is proposing plans to make it easier for firms to complete both the...
Lack of evidence costs Allianz pre-trial
The controversy surrounding Allianz Group's £30m fight with North Korea's national insurer continued...
Beazley's US operations boost half year profits
Lloyd's insurer Beazley has reported profits of £60.2m (2006: £28.3m) for the six months ending 30 J...
Fortis divides up UK to attract more brokers
Fortis is set to boost its broker support division as part of a reorganisation that has seen it unit...
RBSI linked with multi-million pound SME push
Royal Bank of Scotland Insurance is primed for growth after it emerged it is set to enter the direct...
IFB outlines 12 month figures
The Insurance Fraud Bureau has made 74 arrests in its first year of operation with £5.5m of assets s...
L&G rules out rating action despite £78m household hit
Legal and General has vowed to remain in the household market and not increase rates, despite report...
Green buildings place pressure on insurers
Political pressure to construct greener buildings could have a serious impact on the insurance indus...
Xbroker facility not for sale
Welsh underwriter Moorhouse has no plans to sell or list its Xbroker facility, according to group ch...
Axa triggers broker storm after 'direct is best' letter
AXA has been forced to issue a grovelling apology after it admitted it made a "huge mistake" sending...
Lloyd's snubs QBE reform calls
Lloyd's has indicated there will be no change to the annual venture system after QBE blasted it for ...
Arista adds to T&P
Arista has launched a contractors combined policy to add to its tradesmen and professionals products...
NU book under threat as Santander enters UK
Spanish banking group Santander plans to establish a new UK-based insurance company from next year i...
What the papers said this week
The Guardian A dentist who implanted temporary fake boar tusks into an assistant's mouth while sh...
Penny black's insurance week
Only group founder Andrew Georgiou is currently weighing up the possibility of a celebrity-fronted c...
Aon ponders insurance company sale as revenues rise 6%
Revenues at Aon's UK Risk Consulting business increased 14% for the second quarter of 2007, to $218m (£107m) with organic growth of 6% excluding contingent commissions. The broking group has also announced it could sell its underwriting division,…
Ascot opens Texas office
Ascot Underwriting has announced it is opening a new office in Houston, Texas.
British Insurance launches MPPI line with Assurant
British Insurance has launched a new mortgage payment protection insurance product with 30, 60 or 90 day excess periods, in addition to its existing back to day one offering. Assurant Solutions has designed and underwritten the product and will be…
Post pick of the week
Jonathan Swift, editor of Post Magazine provides a quick run down of some of the major news in tomorrow’s issue of Post Magazine including: NU book under threat as Santander enters UK; Royal Bank of Scotland Insurance linked with multi-million pound SME…
Markel opens Singapore office
Markel International has announced its plans to open for business in Singapore, its first move into Asia.
Santander reveals UK insurance ambitions
Spanish banking group Stantander has confirmed it plans to establish a new UK-based insurance company from next year. As revealed in tomorrow's edition of Post , the group's UK subsidiary Abbey said Santander has decided to "leverage the expertise of its…