News
Rock tax pushes Gib growth
The success of corporate tax cuts in Gibraltar will depend on whether the regulator continues to tax...
What the papers said this week
Sun German pop star Nena, who had a hit with 99 Red Balloons, is being sued by an insurance com...
Appointment at HSBC
HSBC has appointed Christen Schnor as head of insurance with responsibilities for the UK, Turkey, th...
Appointment at Howden
Howden has appointed Kevin Bailey as an associate director in its claims division. Mr Bailey joins H...
Appointment at Zurich
Christian Orator will join Zurich as global chief claims officer from August, succeeding Jane Tutoki...
Police Mutual buys broker
Police Mutual has acquired Roland Smith Insurance Brokers, forming a company with more than 250,000 ...
Cooper Gay targets third-tier acquisitions
Cooper Gay's new operations boss has indicated the broker will be targeting acquisitions in its own ...
Kiln outlines ambitions
Lloyd's insurer Kiln has announced plans to reduce its capacity by 14% next year. The company, which...
Industry welcomes directive
Insurers have welcomed the publication of the new Solvency II draft directive this week, saying it w...
Premex office revamp
Premex has reopenend its headquarters after a major refurbishment. Chief executive Simon Margolis sa...
Junction wins M&S deal
Fortis has been appointed by Junction as the lead insurer on Marks and Spencer Money's motor panel i...
New rehab co-ordinators
A trio of specialist staff have been hired by Allianz Insurance to help co-ordinate rehabilitation s...
More buy outs promised by Markerstudy
Markerstudy has promised five more broking acquisitions over the summer after it purchased Birmingha...
Handcuff use questioned
The use of handcuffs as a restraining tool by untrained security staff has passed under insurers' ra...
Budget rebrands to show breadth and size of company
Budget Group has rebranded after deciding the former name was unrepresentative and outdated, but ins...
Aon boss warned Indy of reinsurance gamble
Independent’s directors were warned against passing on large slices of future profits to reinsurers, writes Jamie Dunkley .
Gentlemen's agreement
The Independent Trial was back in full flow today, without Philip Condon who was rushed to hospital yesterday with chest pains, writes Jamie Dunkley .
Post pick of the week
Anthony Gould, editor in chief of Post Magazine provides a run down of the major news stories in the general insurance sector this week including: insurers edge closer to Whitehall risk deal on flooding; Norwich Union comes under fire over its…
Moneysupermarket price confirms £1bn market cap aim
Moneysupermarket.com has announced the price range for the proposed initial public offering of its ordinary shares which are intended to be admitted to the Official List of the FSA and to trading on the London Stock Exchange. The price range has been set…
Isle of Man keeps AAA rating
Standard and Poors confirmed that the Isle of Man has retained its ‘AAA’ rating, the highest rating that it awards.
Stick to your guns, Tolle tells underwriters
Managing the peaks and troughs of the insurance cycle comes down to insurers behaving like individuals rather than “following the herd”.
Warm welcome for Solvency II directive
Accountancy firms have welcomed the publication of a draft directive by the European Commission outlining the future of insurance regulation in Europe.
Actuarial Profession highlights uncertainty in future mortality projection
The Actuarial Profession has published a draft 'library' of mortality projections , designed to improve access to information on mortality and enable a consistent approach in projection disclosures.
Lloyd's to wield stick over process reform
Richard Ward, chief executive of Lloyd's has warned brokers and underwriters the market may mandate the use of electronic claims files and accounting and settlement if its targets are not met. In a "dear CEO" letter today, Mr Ward reiterated the points…