News
Swiss Re looks at Taiwan branch
Swiss Re has been given permission to start the licensing process for a branch office in Taiwan.
The St Paul and Travelers settle court case
The St Paul Companies and Travelers have announced that they have settled litigation between themselves and three plaintiffs relating to the proposed merger of The St Paul and Travelers.
Towergate launches Towergate Caring Professions
Towergate Underwriting Group has launched a new business geared to helping intermediaries and provide a wide range of insurance services for all types of medical professionals.
FSA: decision on broker funding of FOS and FSCS
The Financial Services Authority has finally published its proposals on how brokers will fund the Financial Ombudsman Service and the Financial Services Compensation Scheme. To download the full document go to http://www.fsa.gov.uk/pubs/cp/cp04_04.pdf
Sabre announces record profits
Sabre has announced record pre-tax profits for 2003 of £12.7m on increased written premium of £64m.
US had good 2003, says RAA
The Reinsurance Association of America (RAA) has released the results of a new survey showing that a group of 29 US property/casualty reinsurers wrote a total of $30.6bn in net premiums during the 12 months to 31 December 2003.
Claimsplus re-brands as Arval PHH
Motor claims management company, Claimsplus has announced it is adopting the name of its parent company, Arval PHH. This change will take effect from 31 March 2004.
Lost in translation
English is currently the lingua franca of the insurance world, but that may not always be the case. Insurers ignore language learning at their peril, warns Janina Clark
Rehab provider opens regional centre in the midlands
Rehabilitation and injury prevention company IPRS is launching a facility it hopes will make rehabilitation more accessible for employers and Insurers.
Oxendine goes to Hague
Georgia insurance commissioner John Oxendine has been appointed by the National Association of Insurance Commissioners (NAIC) to the post of NAIC liaison at the Hague Conference.
Munich Re announces 2003 loss
Munich Re made a net loss of €434m over 2003, its first net year loss for 97 years.
Forester Friendly Society announces premium income of £12m
The Forester Friendly Society has announced its results for 2003 with an increase of 38% in premium income to £12m.
Exxon Valdez case closes
One of the longest running cases to affect the London excess of loss reinsurance spiral market is now close to an end with the conclusion of the Exxon Valdez oil spill trial in London.
Allianz Group sees major improvement
The Allianz Group has recorded a 4% increase in total premium income from its property and casualty operations to euros 43.4bn following changes in pricings in Germany, France, Spain and the US.
In Parliament next week
A quick guide to the main debates and activities within Parliament next week.
Lloyd's investor declares acquisition plans
Guardian Holdings, the Caribbean financial services company which bought motor insurer Link last year, has declared its ambition to make further acquisitions in 2004.
Bupa reports strong growth in insurance
Healthcare company Bupa today reported a surplus before tax of £134.5m for the year to 31 December 2003.
First Assist brings Kenrick on board
First Assist has appointed James Kenrick as corporate business manager.
Unifi attacks gender pay gap
The finance sector trade union Unifi has slammed the gender pay gap in the financial services sector...
GI offering interests four
Underwriting agency Plus One Services is talking to four potential partners interested in taking its...
Heath Lambert Group offers protection for outsourced call centres
Heath Lambert Group has followed Aon Political Risks by offering protection for outsourced call cent...
Appointment at HCC Insurance Holdings
Richard Webb and Brian Deane have joined HCC Diversified Financial Products, HCC's London-based unde...
Appointment at Zurich
Huw Andrews has become senior risk consultant for the health and safety risk practice at Zurich Risk...
ABI redevelops motor register
The motor insurance anti-fraud and theft register is being redeveloped by software company HPI as pa...