News
New cat risk analysis ups capital needs claims Fitch
Insurers with catastrophe exposures are facing a possible 10% increase in their overall capital requirements, according to a new report from Fitch Ratings.
FSCS declares 23 in default
The Financial Services Compensation Scheme has declared the following firms in default. They are listed by region.
Actuarial body appoints Farr as chairman
The Association of Consulting Actuaries has elected Ian Farr FFA as its new chairman. Mr Farr is one of Watson Wyatt's most experienced and senior actuaries and is scheme actuary to a number of pension plans including some of the largest in the UK. He…
Cunningham Lindsey reveals £5m cost saving
A recent survey, conducted by Cunningham Lindsey venture FraudLine amongst a cross section of 12 of its subscribing local authorities, revealed that on average the number of public liability insurance claims received in 2005 was reduced by 27%, compared…
Post Magazine deputy editor voted GI writer of the year
Post Magazine deputy editor Lynn Rouse was named general insurance writer of the year (trade) at the Headline Money Awards last night.
AIG Q1 2006 income hit by losses
American International Group (AIG) has announced that its net income for the first three months of 2006 came to $3.2bn, down on the $3.8bn it posted for the same time period of 2005.
RSA commercial hit by drop in NWP, but UK profit up
Royal and Sun Alliance this morning reported that core net written premiums for the first three months of the year had remained stable at £1.4bn across the group. Its UK underwriting profit was up £35m, up 6% on the previous year.
CastlePoint Re wins A- start-up rating
AM Best has assigned a financial strength rating (FSR) of A- (Excellent) and an issuer credit rating of “a-” to Bermudian start-up reinsurer CastlePoint Re. The outlook for both ratings is stable.
Ace Europe launches new corporate service
Ace Europe today launched Ace businessclass premier, a new package of bespoke accident, health and travel insurance, services and risk consultancy, specifically for large corporate organisations.
CII plugs FOS case law info gap
A new online factfile has been published by the Chartered Insurance Institute to provide a grounding...
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Q: Is it better to leave negative things off a CV, such as redundancies or failed exams, and instead...
Marsh coup for Norfolk
Marsh's UK chief executive will be giving a lecture on how to win in business in Norwich on 16 May. ...
Magnificent seven honoured
The Chartered Insurance Institute has granted seven industry figures Honorary Fellowships for "outst...
FSSC awards FSA with accreditation
The Financial Services Authority has received two accreditation awards from the Financial Services S...
Cornhill in new £550m bid
Allianz Cornhill this week launched its new accident and health offering, Embrace, in a bid to grow ...
Premierline Direct launches website
Premierline Direct has launched a website to increase its sales of business insurance. The company h...
HBOS GI loses its boss again
Halifax Bank of Scotland General Insurance has had to recruit its third general insurance boss in th...
Ex FSA head tells brokers to "own up"
A former Financial Services Authority enforcer has warned brokers there is nowhere to hide from the ...
Staying put
Aon has snubbed a move to Canary Wharf after completing a detailed business case assessment. The bro...
Ex-Zurich MD to take Brit to its next level
Brit Insurance has unveiled former Zurich UK commercial managing director Peter Burrows as the man i...
Appointment at Williams Pitt
Jon Lodge has been made a director of Williams Pitt. Mr Lodge joined the company four years ago, and...
Adjuster unveils new venture
Loss adjuster Agrical has unveiled a joint venture with Mark Shelton, a specialist investigative acc...
Appointment at Crawford and Company
Alison McKinna has been recruited by Crawford and Company to fill the newly created role of customer...
Appointment at GAB Robins
Colin Mason, UK finance director, and Derek Coles, formerly managing director, have become the lates...