News
Lord Hunt steps down in Beachcroft shake-up
Simon Hodson has been appointed senior partner elect of Beachcroft Wansbroughs, following David Hunt's decision to stand down after ten years. Currently head of the Commercial Division, Mr Hodson will formally begin his tenure on 1 August2005.
Chubb Europe unveils speciality lines boss
Stephen Blasina has been appointed to the position of manager, Chubb Specialty Division in Europe.
London blast to claim at least 50 lives
The London bombs yesterday morning are expected to claim at least 50 lives, the head of the Metropolitan Police has said today. Sir Ian Blair said there were a number of bodies still in the underground train near Russell Square station but that the final…
RSA receives welcome ratings boost
Fitch Ratings has upgraded the Insurer Financial Strength rating of Royal & Sun Alliance Insurance to 'BBB+' from 'BBB' and the Long-term rating to 'BBB' to from 'BB+'. The rating Outlook is Stable.
Hurricane Dennis threatens US
Hurricane Dennis has been upgraded to a Category Four hurricane as it approaches the Gulf of Mexico.
QBE says London terror losses "relatively small"
In response to a number of enquiries following the London terrorist attacks, QBE's CEO, Mr Frank O'Halloran, issued the following statement:
Bonneau appointed CEO of Ace Tempest Re
Jacques Bonneau has been named president and chief executive officer of ACE Tempest Re Group, while James Wixtead will fill his previous position as CEO of ACE Tempest Re USA.
Pool Re in discussion with Treasury over claims
Pool Re, the government-backed mutual reinsurer for UK terrorism risks, has said it is too early to discuss the level of claims arising from yesterday’s London bomb blasts.
London blasts: ABI response
The Association of British Insurers has issued a statement to say the industry will deal with any claims following this mornings attacks in London as quickly and sympathetically as possible.
Over 30 die as London hit by blasts
Three explosions on the London Underground - killing 33 people - and one double decker bus - with unknown deaths - temporarily paralysed the city of London this morning. There are also many hundreds of casualties. A co-ordinated terrorist attack is…
Axa chief speaks about London blast implications
The chief executive of Axa reinsurance subsidiary Axa Cessions has spoken about the potential impact of this morning’s suspected terrorist attacks in London.
AM Best rates Alliance Re
AM Best has affirmed the financial strength rating of B++ (Very Good) and assigned an issuer credit rating of “bbb” to Alliance International Reinsurance Public Company (Alliance Re) (Cyprus). The outlook for both ratings is stable.
Moody’s reviews Allianz Cornhill ratings
Moody's has placed the A2 insurance financial strength rating at Allianz Cornhill Insurance (AZC) under review for possible upgrade. The rating review is expected to complete within the next three months.
Know your agency - Austin Benn
Understanding the services and specialisms of recruitment consultants is important. Divisional manager for insurance and financial services Matt Hesketh gives the lowdown on Austin Benn
Aon creates 120 jobs with PO call centre
Aon formally opened a new call centre in Leicester last week - creating 120 jobs - to handle and pro...
UK insurers struggle with staff retention
Insurance companies are struggling to hold onto their employees, despite the frequency and value of ...
Appointment at Heath Lambert
Heath Lambert has appointed Chris Wright to head its sports and leisure practice. Mr Wright joins fr...
Appointment at THB Group
THB Group, the parent company of Lloyd's broker Thompson Heath and Bond, has made Clive Williams its...
Appointment at James Chapman and Company
David Wynn has been made a partner in James Chapman and Company's personal injury department. He is ...
CETA adds insurers to system
General insurance network CETA has added a panel of notional household insurers to its general insur...
Howden heralds organic growth
The founder of Lloyd's broker Howden has heralded its half-year results as a good indication that it...
Appointment at Primary
Primary has made Theunis Viljoen finance director, European distribution. Mr Viljoen joins from Alex...
Appointment at Pendleton May
Pendleton May has made John Goodson senior account manager. He brings more than 19 years of insuranc...
Fixed-fee regime extended to EL
Insurers received a welcome boost in the fight to cut claims costs this week, when the Civil Justice...