News
RSA deal raises $230m
Royal and Sun Alliance today announced the sale of its speciality US nonstandard motor business, Viking Insurance, to Sentry Insurance.
Willis Group: net income down but revenues up
Willis Group Holdings, the parent company of broker Willis UK, has released results for the second quarter and first six months of 2005.
Senior appointments at The Claims People
The Claims People Group has announced the appointment of Dominic Boyce as its group financial director with effect from 1 July 2005.
Health official demands improved risk management
The chair of the Health and Safety Commission has called for all sections of industry to continue to improve their control of risk.
Axa sees slump in UK commercial and motor revenue
Axa today reported that its motor and commercial revenue had fallen in the first half of 2005 in the UK and Ireland.
Hiscox expects to exceed profit forecast
Hiscox today said it believes that the group's half-year results will be materially ahead of expectations due to strong trading, benign claims activity, an improved investment performance, and the effect of reporting under International Financial…
Capita cites VAT issue for delays in bids
Capita Group has recorded an increase in turnover of 11% for the first six months of 2005 to £617m and profit before tax up 18% to £68.3m.
RSA makes pension change
Royal & Sun Alliance Insurance Group has announced significant changes to its main UK pension schemes. The changes will, the company insisted, provide additional security and certainty to pension scheme members and reduce the group's UK pension fund…
CII on target to fulfil growth aim by 2006
The Chartered Insurance Institute has confidently predicted that it is on track to exceed its target...
Winners and losers: Post Magazine's monthly round-up of job cuts and gains
WINNERS A new personal lines start-up, Swiftcover, launches backed by a £12m advertising campaign a...
Unum to spotlight ageing workforce
Income protection insurer Unum Provident is set to carry out research into employer and employee att...
Authorities set to turn their backs on insurers
UK local authorities are set to shun the insurance market in favour of creating their own captive in...
Appointment at MYI Quest Gates
MYI Quest Gates has appointed Philip Austin as director of fine art, specie and high-net worth. Mr A...
Misys General Insurance reports increased revenues
Misys General Insurance has reported revenues of £34m (up 8% on 2004) and an operating profit of £16...
NU continues affinity push
Norwich Union will continue to recruit employees on its Asda account, after extending its contract w...
Safety regulations leave insurers exposed
New product safety regulations could leave insurers dangerously exposed because of poor understandin...
Penny Black's insurance week
Life is full of dilemmas. Penny understands intermediary Insure and Go decided to pull a television ...
Quest Gates acquires Beachams
Loss adjuster Quest Gates has acquired Beachams. Established in 1976, loss adjuster Beachams had off...
Zurich: PI is underpriced
Zurich Professional could be set to hike its solicitors' professional indemnity prices, claiming the...
MIB switches as team transfers
One of the two specialist fraud teams instructing the Motor Insurers' Bureau has switched firms in a...
Marsh promotes Patrick Mina
Marsh has promoted Patrick Mina to the newly-created role of head of international client and market...
Alex Forbes refutes claims
Alexander Forbes has hit back at the ongoing speculation that it is looking to dispose of all or par...
EMB moves into London offices
Non-life actuary EMB has moved into offices at the heart of the London market to help serve its clie...
Appointment at Certo
Certo has made three senior appointments. Sarah Baker has become a chartered accountant and chartere...