News
AM Best affirms Mapfre Re ratings
AM Best has affirmed the financial strength rating of A (Excellent) and the issuer credit rating of "a" of the US-based Mapfre Reinsurance Corporation (Mapfre Reinsurance). Both ratings have a stable outlook.
L and G strikes major household distribution deal
Legal and General General Insurance has been chosen by John Charcol, the mortgage broker, to be the sole-provider of household and buy-to-let insurance cover.
Marsh targets SMEs with new division
Broker Marsh has created a new division, the Risk Trading Practice, to focus on the risk and insurance needs of small and medium sized companies. It has appointed Ron Hayes as executive director to lead the new arm.
Winners and Losers: Post Magazine's monthly round-up of job cuts and gains
WINNERS Heath Lambert admits its position prior to closing its pension fund was so precarious that ...
Money sense
President of the Institute of Financial Services Ron Sandler congratulated students from schools inc...
Thatcham gets cash injection
Thatcham's apprentice training programme has been awarded interim Centre of Vocational Excellence st...
M&As could mean more redundancies
The potential threat of further redundancies in the financial services sector, as a result of merger...
Kwik-Fit sale: no effect on growth
Broker Kwik-Fit looks set to continue its growth plans, despite being sold by parent company CVC Cap...
Cox acquisition leaps final hurdle
Neil Utley's three-year quest to buy Cox Insurance jumped the final hurdle this week when compulsory...
Westminster group vows to direct Claims Bill
Action to curb the rising cost of compensation is top of the agenda for the All Party Parliamentary ...
AMG slashes rental costs
Loss adjuster Ashworth Mairs Group is aiming to save insurers 31% of alternative accommodation costs...
New joint venture already recruiting and competing
Loss adjusters McLarens Young International and Quest Gates have set up a new joint venture to tende...
Penny Black's insurance week
Penny is off to the Alarm conference in Manchester this year and has been advised to put in some tra...
Appointment cards
Distributed to the patients from various departments in the hospital but predominately from outpatie...
Signet launches insurance card
Retail giant Signet has launched a new plastic card for insurance claims with the Royal Bank of Scot...
Industry continues to expand
The insurance industry continued to expand and regain financial strength during 2004, according to S...
Saga launches insurance
Saga has launched annual travel insurance to cater for the increasing number of over-50s in the UK w...
Bruce Stevenson: new acquisition
Edinburgh-based broker Bruce Stevenson has acquired Glasgow's Downes Cameron. Founded in 1992, Down...
Royal and Sun Alliance sells stake
Royal and Sun Alliance has sold its 20% stake in Rothschilds Continuation Holdings to Jardine Strate...
Legal cost reduction needed according to ABI
A reduction in legal costs is needed if employers' liability is to remain stable, according to the A...
Obituary - John Marshgreen
The Folgate Partnership has announced with regret the sudden death of John Marshgreen, regional mana...
SVB arranges banking facilities
Lloyd's insurer SVB has arranged new banking facilities with Lloyds TSB. A £20m letter of credit is ...
Reynolds appointed
Michael Reynolds has been appointed chief financial officer of Aon Re International and Aon Re UK, i...
Claimant loses £500k by missing time limit
Insurers have received clarification on the time limit for pursuing claims after the High Court rule...