News
Appointment at Sirius Financial Systems
Software solutions provider Sirius Financial Systems has appointed a new business strategy director ...
Boardroom changes at RSA
Royal & Sun Alliance has announced the retirement of Bob Ayling from its board of directors withimmediate effect and the appointment of David Paige as group risk director and executive board member.
Broker founder joins Allianz Cornhill Commercial
Former CU boss and Gosure founder John Warburton has been appointed sales and distribution manager for Allianz Cornhill Commercial.
ABI praises Greenaway
The Association of British Insurers this morning called The Greenaway Report on uninsured driving “a real opportunity to tackle the menace of driving without insurance on Britain’s roads”.
Westminster outlines uninsured driving crackdown
A package of measures to crack down on uninsured motorists was announced today by Road Safety Minister David Jamieson.
Bowers takes over at Allianz Asia Pacific
Bruce Bowers has been appointed chief executive Asia of Allianz Insurance Management Asia Pacific, based in Singapore.
Tesco claims public back Greenaway
Tesco Motor Insurance this morning said its own research indicates wide public support for the recommendations in Professor Greenaway report into uninsured drivers.
Tillinghast survey points to global accounting standards for US
A significant majority (81%) of North American life insurance company CFOs believe that the US and Canada will eventually join with Europe in adopting a global accounting standard for insurance within the next 10 years, according to the Tillinghast’s…
NU calls on government to act
Norwich Union this morning joined the chorus of insurers praising the Professor David Greenaway’s report into uninsured driving, calling on the government to take the recomendations to heart.
BIBA calls for government to back industry and end uninsured driving
The British Insurance Brokers' Association has called on the government to implement tough new measures to help the industry combat the growing numbers of uninsured motorists, following the publication of the Greenaway Report.
AM Best Downgrades Corifrance
AM Best has downgraded Corifrance’s financial strength rating from A- (excellent) to B++ (very good). The outlook is stable.
No change in Markel financial strength rating
A.M. Best has affirmed the financial strength rating of A- (Excellent) of Markel International Insurance Company (United Kingdom). The outlook remains stable.
Towergate looks to grow leisure book with deal
Towergate Underwriting Group has acquired Innpak, the business specialising in the provision of insurance services to the licensed trade, as part of the group’s drive into the leisure sector.
IT Managers criticise FSA for setting unrealistic reporting deadlines
IT managers have criticised the Financial Services Authority for setting ‘unrealistic deadlines’ and ‘not understanding the complexity of the compliance task’ laid out in the FSA’s Policy Statement 04/9.
Munich Re Q2 figs show recovery
Munich Re has posted a profit of €628m, taking the company’s results for the first half of the year to a profit of €1.2bn, a big rise on the €529m loss it made in the first half of 2003.
Heath Lambert announces Malaysian venture
Broker Heath Lambert has launched a joint venture in Malaysia.
Triple boost for Groupama healthcare
Groupama Healthcare has made three appointments to strengthen its management team.
Silcock takes on Medicash compliance role
Medicash has appointed a new compliance manager in preparation for new FSA regulations.
Allianz Cornhill in whiplash warning
Allianz Cornhill has found that 52% of motorists do not know the recommended position for their restraint to prevent whiplash.
SCPIE unveils Q2 results
SCPIE Holdings has announced its results for the second quarter and first half of 2004.
XL appoints reinsurance chief
XL Capital today announced the appointment of Susan Cross as chief actuarial officer for non-life reinsurance.
Direct Line claims industry first
Direct Line has announced what it claims is a “revolutionary” change to it’s motor insurance policy.
Bennetts in Axa boost
Bennetts, part of the Budget group of companies, has added Axa to its growing panel of insurers.
Markel joins Kinnect platform
Markel International has become the first major insurer to sign up to the Kinnect Platform since the group was formed last year.