News
Lloyd's market sponsors cricketing
The Lloyd's market sponsored some of England's future cricketing talent last week at a mixed under-1...
Willis could face 100% of damages in C&W case
A £25m legal action against one of Willis' former senior managers could see the broker found liable ...
CIS seeks ethics mandate
Co-operative Insurance Society this week launched an ethical engagement policy after consulting its ...
A&E ad ban needs debate
The money earned by hospitals that advertise the services of claims farmers can net hospital trusts ...
Insurer plans £12m launch
A Group of former Churchill directors has thrown its weight behind an aggressive online personal lin...
AA considers cull over India move
Broker AA Insurance Services is considering axing employees after turning its back on offshoring job...
Reform Group delivers plan early to FSA
The Market Reform Group will thrash out its draft model plan for contract certainty today at its lat...
Mapfre Asistencia acquires broker
Spanish insurer Mapfre Asistencia has acquired a UK broker, adding EUR50m (£33.2m) of premium income...
Argent to merge with SIG
Argent Liability Adjusters has agreed to merge with rival SIG, forming a new com-pany under the form...
Towergate buys YIG
The Towergate Partnership has acquired Your Insurance Group (Brokers) as part of a £10m investment t...
CMGL appointed St Paul Travelers run-off provider
Claims Management Group has been appointed as the single run-off provider for St Paul Travelers thro...
Stuart Porter abandons attempt
Broker Stuart Porter has abandoned his attempt to appeal against two convictions of making, and two ...
QBE appoints Moss
QBE has appointed Paul Moss to the newly created role of head of claims, QBE European Operations. In...
Chubb targets younger niche for HNW
Chubb Insurance is hoping to introduce more customers to its mid and high net worth household produc...
Fraud
Insurers should lobby government to secure access to the proposed National Identity Register, says J...
Extreme weather warning
By the end of the century, the global insurance market will have to foot an annual bill of $27bn (£1...
Willis chief completes 2005 share trading
Willis Group Holdings has announced that Joe Plumeri, its chairman and ceo, has completed share trading for 2005 under his previously announced personal trading plan in accordance with the Securities Exchange Act.
Biba advises on managing conflicts of interest
The British Insurance Brokers’ Association (Biba) has published its latest ‘Regulatory Update’, which offers guidance to its members on the issue of managing conflicts of interest.
S&P brands US credit legislation plans
Standard & Poor’s has attacked proposed legislation in the US Congress to open the credit rating industry in the US to greater competition as being ‘unconstitutional’.
AIG releases Q1 2005 profit statement
American International Group (AIG), which has been in the headlines since October 2004 following allegations of business malpractice from New York Attorney General Eliot Spitzer, has filed its Quarterly Report for the period ending March 31, 2005 with…
FSA's Tiner topped over half a million pounds in salary and benefits in 2004
In his first full year as chairman Callum McCarthy was paid £382 448 (£314 000 salary plus benefits), the Financial Services Authority revealed today as it published its 2004 annual report.
Storms costs to rise to £15bn a year due to climate change
The worldwide costs of major storms is likely to increase by as much as two –thirds, taking the total cost in an average year to £15bn, according to international research.
IUA appoints new director of market services
The International Underwriting Association (IUA) has expanded its resources devoted to reforming business processes in the London insurance and reinsurance market through the appointment of a new director of market services.
Aon opens new 120 strong call centre
Aon formally opened a new call centre in Leicester yesterday - creating 120 jobs - to handle and process applications to the Post Office's travel insurance scheme.