News
Hank Greenberg to defend AIG accounting
Lawyers for Maurice "Hank" Greenberg are to present Securities and Exchange Commission regulators with a series of "white papers", defending the way he handled accounting while at the helm of American International Group, according to the Financial Times…
Moody’s withdraws Radian Re’s ratings
Moody's Investors Service has withdrawn the Aa3 insurance financial strength rating (IFSR) of Radian Reinsurance.
NU gives adviser network commission bonus
Prestbury Holdings plc has announced an agreement with underwriting agency PlusOne to sell Norwich Union’s general insurance products.
Heath Lambert gets Atomic boost
Heath Lambert Group has been appointed as broker to the Atomic Weapons Establishment.
IT experts appoint Balcombe for insurance role
Justin Balcombe has been appointed by IT services provider Steria, as head of UK insurance consulting.
VAT on outsourcing: Download paper now
HM Revenue & Customs has just published its consultation document on VAT and outsourcing which could have a major impact on the insurance industry.
Gen Re investigation looking at CEO role in AIG deal, claims WSJ
Officials investigating a finite reinsurance deal executed in 2000 by General Reinsurance and American International Group (AIG) are examining whether Gen Re's current chief executive, Joseph P. Brandon, had a role in the deal, according to the Wall…
Marine club bemoans criminal liability but praises steady ship
Marine mutual the London P&I Club announced that it ended the 2004/5 year of account with free reserves of $100m, and the thirteenth consecutive year of deferred calls within budget.
Beazley US gets A- rating
Beazley Group’s US admitted insurance subsidiary, Beazley Insurance Company has been assigned a rating of A- (Excellent) by AM Best.
Moody’s confirms RGA ratings
Moody's Investors Service has confirmed the credit ratings of Reinsurance Group of America, (RGA) (senior debt at Baa1), and the A1 insurance financial strength rating of its subsidiary, RGA Reinsurance Company.
Oxley backs TRIA renewal
US House Financial Services Committee Chairman Michael Oxley has said that he is committed to renewing the Terrorism Risk Insurance Act (TRIA).
Thunder Horse damage rethink
British Petroleum (BP) has confirmed that crews placed aboard the BP operated Thunder Horse platform in the Gulf of Mexico have restored partial power to the listing platform, and are working to begin pumping operations to restore the platform to a…
Another Lloyd's merger collapses as Amlin and Chaucer call off talks
Amlin and Chaucer have called of merger talks.
CII to double exam sitters
Former Capita Insurance Services business development director Lee Gladwell has joined the Chartered...
Searchlight teams up with IT skills specialist
Insurance training specialist Searchlight Solutions has expanded the content of its e-learning syste...
Time to Test Yourself: A selection of questions from various past-CII qualification papers
Whether studying for Chartered Insurance Institute exams or just to test yourself, see how you do
Hurricane Dennis losses
News in brief
Appointment at Glencairn
Glencairn has made Darren Norris an associate director in the marine cargo and fine art and specie u...
Marsh appoints
News in brief
Penny Black's insurance week
Financial products, as we all know, can be difficult to 'sex up' but search through French giant Axa...
FSA goes on charm offensive
The Financial Services Authority this week said it is committed to a charm offensive to woo dissatis...
Appointment at Oval
Oval has appointed Stephen Foot and Ian Smith to the management team of its Nottingham office. Mr Fo...
Debenhams teams with Homeserve
News in brief
Low financial impact from blasts
The bomb blasts that rocked London last week are unlikely to have a severe financial impact on the i...