News
Benfield enjoys US$54 million windfall from Montpelier Re sale
Benfield Group has undertaken an irrevocable agreement to sell its holdings of warrants with entitlement to 2,390,785 common shares in Montpelier Re. The transaction will complete on 15 March 2004.
Heath Lambert in offshoring deal
Heath Lambert Group is offering protection for outsourced call centres in areas such as India.
Aspen unveils new underwriting team
Bermuda-based Aspen Insurance has announced that five new property reinsurance specialists have joined subsidiary Aspen Re America.
Hiscox is one of the best
Hiscox has been ranked as the top financial services company to work for, according to the annual Su...
Path to success: Customer Management
Alan Thompson is manager of the customer management practice for Royal & Sun Alliance Commercial's risk solutions division and reflects on his career to date*
NU looks to apprentice staff
Norwich Union looks set to build on the recruitment of a trio of apprentices by employing further st...
Typhoon season will be similar to last year says research centre
Inhabitants of the Far East and southeast Asia should prepare themselves for a typhoon season similar to last year, leading weather experts say, according to think tank Tropical Storm Risk.
New medical malpractice team at Miller
Miller Insurance Services today announced the arrival of a new medical malpractice and professional liabilities team. The five-strong unit is a joint venture between Lloyd’s broker Claytons and consulting actuaries Dion Durrell.
Heath Lambert lands 'diamonique' deal with QVC
Heath Lambert Group, the independent insurance broker, has been appointed insurance and risk management advisor to QVC UK.
PXRE reorganizes operations
Bermuda-based PXRE has carried out a reorganization of its underwriting and support organisations. According to the company there will be a 10% staff reduction and it hopes to achieve annual cost savings of $4m.
Heath Lambert sells Australian business to Marsh
Broker Heath Lambert has announced that it has sold Heath Lambert Australia, based in Sydney, to Marsh.
RSA posts fourth consecutive annual loss
Royal & SunAlliance today reported a loss of £382m for the 12 months ended 31 December 2002 (2002: £871m).
Greenberg promoted at ACE
ACE has announced that Evan Greenberg has been promoted to the post of chief executive of the company, in addition to his existing post duties as president.
Heath Lambert appoints executive director of accounts group
Heath Lambert has appointed former Aon managing director Mike Ellis as executive director of its maj...
Appointment at Marsh
Risk management and insurance services firm Marsh has made Michael Beckett leader of the newly forme...
Appointment at Insurance Services Office
Insurance Services Office has appointed Joe Pendle as director of client services to head up the cus...
Liability caps could see motor reinsurance soar
UK general insurers have reported a quiet reinsurance renewal season, but warned of inevitable rate ...
Aviation insurance market needs broader perspective
The aviation insurance market needs a broader perspective, according to a leading member of the avia...
Criminal charges brought against Insurance Commissioner
Criminal charges were brought last week against Oklahoma Insurance Commissioner Carroll Fisher, and ...
S&P predicts Ecclesiasticals financial strength rating
Rating agency Standard & Poor's expects Ecclesiastical Insurance to continue to "refine" its busines...
Zurich secures new five-year-deal
Zurich has secured a new five-year deal, renewing its contract with Alliance & Leicester, to provide...
Irish doctors walk out over PI scheme
Irish doctors have walked out from talks with the government following a clash over proposed new pro...
Appointment at MCE
Wellingborough-based insurance provider MCE has made Karen Cook renewals manager. Ms Cook initially ...
The Association of Personal Injury Lawyers warns government
The Association of Personal Injury Lawyers has warned the government not to excuse 'one man band' co...