News
PI merger creates new underwriting giant
PI Direct, through the creation of a new holding company, is to merge with Saturn Professional Risks.
Airmic suffers Treasury blow
The Association of Insurance and Risk Managers has lost its battle to receive Treasury exemption from FSA Regulation.
Axa UK reports GI growth
Axa UK today reported that its underlying earnings increased 138% to £99m from £41m for the first six months of 2004, posting a combined ratio of 98.5%, an improvement of 3.9 points. UK gross revenues increased by 4% to £3.6 bn.
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Lagging salaries drive insurance bosses away
The resignation rate among insurance managers is increasing as salaries stutter, according to a new ...
Mersey broker earns IIP status
Liverpool-based commercial broker Coulter Hurst and Co has been awarded Investor In People status fo...
Know your rights: This month - Working Time
The UK's endemic long-hours culture persists, despite the existence of the Working Time Regulations 1998. Saba Mozakka recaps what the law actually says about time spent at work
XL London chief to join Talbot
Lloyd’s insurer Talbot Underwriting has appointed Gilles Bonvarlet to the newly created position of chief operating officer.
JLT confirms Risk Solution re-organisation
The Jardine Lloyd Thompson Group has confirmed that, with affect from 6 September 2004, it will be re-organising Risk Solutions.
Broker pair join Lloyd's software company
Two senior brokers from Marsh and Willis have joined Lloyd’s in-house software company Kinnect.
Pru sets out to "shake up" PMI market
The new private medical insurance company, PruHealth, has announced it is to ‘shake up’ the UK market out of its complacency.
PXRE posts reduced profits
PXRE Group has announced that it made a reduced profit in its results for the second quarter of 2004.
Moody’s changes Hartford outlook to stable
Moody's has announced that it has affirmed Hartford Financial Services Group's and Hartford Life’s A3 senior debt ratings as well as the Aa3 insurance financial strength ratings of both its P&C and life insurance operating subsidiaries.
Helix seals recovery deals
Helix UK, the specialist in collecting discontinued reinsurances, has recently closed two major cont...
Appointment at FMW
Emma Dowsing has joined Chelmsford insurance broker FMW as marketing coordinator, alongside Scott Le...
Cautious optimism at £564m flood pledge
The Association of British Insurers has reacted with cautious optimism to the government's decision ...
Fate of Euclidian left hanging in the air
The fate of Lloyd's insurer Euclidian has been left hanging in the air until September, after plans ...
Broker Network acquires Mid-Pennine Insurance Services
The Broker Network has acquired member Mid-Pennine Insurance Services. The purchase price depends on...
Appointment at Coversure
Allan Gambles has become the new compliance manager at Huntingdon-based Coversure Insurance Services...
Appointment at Wellington
Julian Hance has been appointed to the board of Wellington Underwriting as a non-executive director ...
Zurich in SME shake-up
Zurich is set to make an aggressive push in the small and medium-sized enterprise market, after admi...
RBSI plans Pru boost
Royal Bank of Scotland Insurance managing director Annette Court has warned rivals that any attempt ...