News
XL Capital shuffles top team
XL Capital has announced the appointment of Sarah Street to the position of chief investment officer designate and James Veghte to the position of chief executive of Reinsurance General Operations. In addition, Ms Street and Mr Veghte will join the…
Moody’s issues rating for Montpelier Re shelf registration
Moody's Investors Service has assigned provisional ratings (senior debt at (P)Baa3) to Montpelier Re Holdings $1bn multi-issuer universal shelf registration. The outlook for the ratings is stable.
Coface rebrands subsidiary
Credit insurer Coface UK, has changed the name of its subsidiary London Bridge Finance to Coface Receivables Finance Limited, with immediate effect.
Trade body hits out at FSA as members' insurance sales drop
The Financial Services Authority's insurance regulations could change the face of the motor insurance market as we know it, threatening motor retail business and restricting consumer choice,' according to the Retail Motor Industry Federation (RMIF).
Spotlight on ... the year that was
2005 was a good year for anyone working in the insurance sector, with salaries rising across the board. Belinda Martin looks back, and forward to what this could mean for 2006
QBE announcement
QBE has announced that as of 31 December 2005, the insurance business of QBE Insurance Company (UK) ...
Appointment at Amlin
Amlin has announced the underwriting team for its new Bermuda operation will be headed by underwriti...
Creechurch Underwriting launches Lloyd's Syndicate
Creechurch Underwriting has launched the first Lloyd's Syndicate to be managed in accordance with Is...
Buncefield exodus begins
Buncefield could be on the verge of a business exodus, according to those involved in evaluating cla...
Hiscox to boost regional presence
Hiscox looks set to expand its regional branch network under new UK head Steve Langan. The insurer w...
Search for Lloyd's chief executive
The search for a new chief executive at Lloyd's is down to three candidates, PM understands. Having ...
Magian Mutual closes
The closure of another UK mutual indemnity scheme has raised questions over the validity of the mutu...
Powell Insurance Brokers make acquisition
Powell Insurance Brokers has acquired the commercial division of Gregson Williams Insurance Brokers....
Appointment at Brit
Brit has appointed Joseph MacHale as a non-executive director. Mr MacHale held several senior execut...
Appointment at Alexander Forbes
David Way has been appointed to the specialist energy team at Alexander Forbes in London. Mr Way joi...
Appointment at Allianz Cornhill
Allianz Cornhill has appointed Nick Hall, pictured, as general manager, Allianz Cornhill Personal, f...
Aon Warranty Group expands contract
Aon Warranty Group has expanded its trade credit insurance contract with asset finance company Lomba...
CII looks to remove merger barrier
The Chartered Insurance Institute has published a proposal to close its final salary pension scheme ...
Towergate Partnership acquires Hobson Insurance Brokers
The Towergate Partnership has acquired Romford-based Hobson Insurance Brokers. The business has 10 e...
Penny Black's insurance week
Ding-dong merrily on high! The insurance industry certainly got into - or drank a fair amount of - t...
Auto Trader launches Comparethemarket.com
Car retailer Auto Trader has appointed third-party administrator Budget Group to manage its insuranc...
Beazley runs out of time
Lloyd's insurer Beazley did not give itself enough time to complete the funding of a proposed £200m ...
Appointment at Advent
Advent has appointed Peter Stormonth Darling to its board as a non-executive director with immediate...
Appointment at Garwyn
Terry Dunning, formerly director of construction at GAB Robins, has been made divisional director he...