News
James Chapman and Company opens new London office
Manchester-based law firm James Chapman and Company has opened a new London office for client meetin...
Ingram Hawkins & Nock appoints managing director
Stourbridge-based commercial insurance brokers Ingram Hawkins & Nock has made Liz Kerr managing dire...
US Government warns of flooding
The US Government has told homeowners and businesses to prepare for flooding after the first tropica...
Benfield recruits staff worldwide
Reinsurance broker Benfield is recruiting 140 staff worldwide to add to its 1700-strong workforce, d...
Integer's members soon get the vote
Integer, the mutual set up for Lloyd's Names as a stop-loss reinsurance vehicle, is to tell its memb...
Business underwritten 100% by HCC Europe
Professional Indemnity specialist insurer, HCC Diversified Financial Products will be underwritten 1...
The LMA close to finalising transparency model
The Lloyd's Market Association has said it is close to finalising broker Marsh's transparency model....
RAC wins 15-year contract
RAC, the roadside assistance company owned by NU's parent Aviva, has won a 15-year contract worth £6...
Cornhill Direct signs contract with Mondial UK
Cornhill Direct has signed a three year contract with Mondial UK for roadside assistance and recover...
Appointment at Sagar Insurances
Gary Quaine has become commercial broker manager at Sagar's Accrington office. He joins from Aon and...
Swiss Re looks ahead to good 2005 P/C returns
Swiss Re has provided further disclosure on its risk management approach and its very strong capital adequacy at an investor day in the US. Swiss Re has also provided an update on its property & casualty business, showing that this area continues to…
US coalition calls for insurance industry reform
A coalition of 134 national and regional insurance companies and agencies, banks and trade associations have asked the US Congress to enact optional federal insurance charter legislation in effort to push for reform in the insurance industry.
Ace promotes pension liability cover
Ace Europe has launched cover for pension trustees by with an enhanced pension trustee liability insurance product.
Creechurch swipes Limit marine team
Lloyd's managing agent Creechurch Underwriting has appointed marine and energy underwriters Stephen Gargrave and Steve Warren to its syndicate 1607.
S&P survey claims Spitzer probe will help industry
Three-quarters of insurance executives and analysts believe Attorney General Eliot Spitzer's investigations will help the industry in the long-run, according to a survey conducted at Standard & Poor's Rating Services (S&P) annual insurance conference.
Hannover Re AGM approves resolutions
Hannover Re's Annual General Meeting has approved all proposed resolutions by a substantial majority.
Machell hails MoD contract win
RAC, the roadside assistance company owned by NU's parent Aviva, has won a 15 year contract worth £600m to supply plant and mechanical equipment to the UK government. Simon Machell, managing director of RAC said: "We'redelighted that Lex Defence, as part…
LMA backs Airmic transparency threat
The Lloyd’s Market Association today welcomed what it called the clear statement from Airmic in favour of full transparency and an end to conflicts of interest in broker models.
Buyers urged to aid contract certainty bid
Insurance buyers must change their practices to achieve contract certainty, the annual Airmic conference was told today.
Airmic survey: brokers still failing on transparency
After a review into the way insurance brokers are remunerated, the Association of Insurance and Risk Managers has stated recent improvements in broker transparency have not yet delivered results.
Tell the European Commission what you think
The European Commission is planning to review existing regulations in the financial services sector. If you want to let the European Commission know your views on what existing rules need to be changed, please use the link below to submit your views as…
FEMA boss calls for flooding action
With the landfall of Tropical Storm Arlene as the 2005 Hurricane Season's first named storm, Department of Homeland Security Under Secretary and head of the Federal Emergency Management Agency (FEMA) Michael Brown has called on more homeowners, renters…
FSA introduces tailored handbooks for small firms
The Financial Services Authority (FSA) has launched 14 sector-specific tailored handbooks of its rules and guidance for small firms.
NAIC task force launches broker disclosure action plan
The National Association of Insurance Commissioners (NAIC) has announced that it has wrapped up the first prong of its three-part action plan on broker disclosure at its Summer Meeting in Boston.