News
Silica will not follow the asbestos litigation path, says report
Insurance risk and reinsurance specialist Guy Carpenter and Company has released an update to its 2004 report “Silica A Litigation Sandstorm”. According to the report, two recent developments in silica litigation, although limited in scope, allow some…
S&P maintains RSA rating
Standard & Poor's today said its ratings and outlook for Royal and Sun Alliance are unaffected by the group's announcement of a £160 million loss reserve charge.
Cooper Gay in expansion pledge after healthy results
Broker Cooper Gay has revealed income increased by 3% to £52.1 million for the year ended 20 September 2004.
Converium announces renewal results
Following its January renewals, Converium has announced that it expects total gross premiums written for 2005 to exceed $2bn, which is in line with expectations. 63% of the Company's renewable non-life business volume (excluding Converium Reinsurance …
RSA moves to boost US reserves
Royal & Sun Alliance will strengthen its US reserves by £160m following the review of its reverses announced recently. The company said "this strengthening is within the expectations laid out in the nine months results announcement and is consistent with…
TUC: no UK love contracts
Employers have been warned that attempts to restrict relationships between members of staff may be d...
CII toasts success of new exam
A year after its introduction, the number of holders of the Chartered Insurance Institute's new Cert...
CBI to honour businesswomen
The Confederation of British Industry has unveiled plans for the First Women Awards, with the inaugu...
Path to success: Property Reinsurance
Emma Branch, property reinsurance underwriter at Gen Re, reflects on her career to date
Rubicon told 2005 not right for listing
Outsource insurance services provider The Rubicon Corporation has turned its back on a listing for n...
The RIBA Insurance Agency extends relationship
The RIBA Insurance Agency, a division of Heath Lambert Group, has extended its relationship with The...
Top 250 brokers face tough 2005
After having the worst growth year since 1999, independent brokers will continue to lose business in...
Capita wins Chester Street run-off deal
Capita has won another significant run-off contract after sealing the deal to handle the run-off cla...
Groupama chases van sector
Groupama has launched its first commercial vehicle policy on full-cycle EDI, in a bid to widen the p...
Monument appoints chief operating officer
Lloyd's broker Monument has appointed David Campbell as chief operating officer, based in its City o...
Appointment at UKI Partnerships
Leeds-based UKI Partnerships has promoted Dan Dowson to e-commerce marketing analyst. Prior to joini...
Appointment at Close Premium Finance
Steve Taylor has become head of broker sales at Close Premium Finance. Before joining CPF in 1999 as...
Insurer CNA opens Southampton branch
Insurer CNA has opened a Southampton branch to broaden its south-coast resources. The office, which ...
Appointment at Fortis
Fortis Insurance has appointed four new managers to its senior team. Dave Swann, former head of moto...
CSC consults consumer groups
The Claims Standards Council will canvass public opinion to help alter its codes on cold calling, it...
Sixfold increase in suspect claims
Ashworth Mairs Group is strengthening its specialist investigation unit to cope with a 600% increase...
Appointment at Expacare
Medical insurance provider Expacare has appointed David Kerr as associate director, operations and f...
Solicitors' Indemnity Fund ring-fences past liabilities
The Solicitors' Indemnity Fund has reached a surplus of £54.5m and is poised to put in place a reins...
US loses attraction for reinsurance giants
Reinsurers plan to expand business in China as the US liability market loses its attraction, accordi...