News
What the papers said this week
The Independent David Ashbrooke, an executive at Zurich Financial Services, claims to have been for...
Oval drops names in brand makeover
Broker consolidator Oval has been given the all-clear by the regulator to rebrand all its acquired b...
London market issues guidance
The London Market Reform Group has issued guidance to ensure contract certainty among London underwr...
Insurex Expo-Sure launches new product
Event insurer, Insurex Expo-Sure has launched a new product offering, the Event Insurance Portfolio,...
PMI insurers will give new drugs
The UK's largest private medical insurers will prescribe unlicensed drugs to policyholders, followin...
Appointments at Johnston Park McAndrew
A West Midlands commercial insurance intermediary has taken on six new employees as part of an expan...
Sheilas' Wheels oiled for push
Launching his latest motor venture, Direct Line founder Peter Wood has stated his intention to secur...
Association of Run-Off Companies holds first AGM
The Association of Run-Off Companies has held its first annual general meeting as a limited company,...
NIG chooses Tracker Network
NIG has chosen Tracker Network as its recommended stolen vehicle recovery provider. It has also laun...
Besso: Police investigation
London market broker Besso is under investigation by the City of London Police after the company dis...
Aon set for boardroom shake-up
Aon's decision to cut 750 jobs from its UK workforce could also result in a shake-up of its board, a...
Aon cuts workforce by 10% in restructure
Global broker Aon is looking to introduce a "one town, one office" regional model, as part of a rest...
EIG embarks on supplier review
Church insurer Ecclesiastical Insurance Group is looking to reduce the number of adjusters it curren...
Smoke on the water
Loss adjuster Charles Taylor Consulting has been assessing the damage to Southend Pier, caused by la...
Anker shortlisted for award
Guy Anker, left, chief reporter on Post Magazine, has been shortlisted for the Periodical Training ...
NU targets RAC integration
Norwich Union has set a target date of the end of this year to fully integrate RAC into its stable. ...
Axa chief: climate change action call
Axa UK chief executive Peter Hubbard has issued a call to arms for stakeholders and society to addr...
Spitzer fallout sees UK brokers cash in
UK brokers could benefit from the fallout of New York Attorney General Eliot Spitzer's inquiries in...
Moody's rating upgrade for Allianz Cornhill
Moody's Investors Service has upgraded Allianz Cornhill's Insurance Financial Strength Rating to A1 from A2. The rating has a stable outlook. This rating action concludes the review for possible upgrade initiated on 7 July 2005.
Analyst KBW hires european insurance specialists
Keefe, Bruyette & Woods (KBW), the U.S. based investment bank, has made two appointments to its European Research Department in London, covering insurance.
Lunch-time English classes in the City
The opportunity to take lunch-time English language course will start in the City in January. The courses are aimed at those working in insurance and reinsurance industry and are supported by the International Underwriting Association (IUA).
S&P places IPC on CreditWatch
Standard & Poor's Rating Services (S&P) has assigned its 'BBB+' counterparty credit rating to IPC Holdings and placed the rating on CreditWatch with negative implications.
Kiln sees 12.5% rate rise, edges Katrina loss upwards
Following hurricanes Katrina and Rita, Lloyd’s (re)insurer Kiln says it is seeing good rate rises in many of its core classes of business, most notably in its property catastrophe reinsurance, property and marine portfolios and now expects average rate…
Highway Retail adds over 60,000 policies with new acquisition
Motor insurer Highway’s retail division has claimed to have entered the UK top 12 general insurance intermediaries following the acquisition of MRB Insurance Brokers Limited, which trades as 1st Quote.