News
Environmental Hazards - Possible earthquake data boost
The insurance industry has not fully benefited from the increasing amount of earthquake hazard resea...
AM Best revises its review
Re-ratings
XL Capital reports loss
Reweb
Appointment at Cunningham Lindsey UK
Martin Bond has been appointed business development director (Lloyd's) for Cunningham Lindsey UK. He...
Moody's places credit ratings on review
Re-ratings
Appointment at Cooper Gay
Richard Fielding has been appointed to the board of brokers Cooper Gay as a non executive director. ...
Appointment at ERC
Mark Elborne is joining ERC as general counsel. Mr Elborne was previously with the London-based law ...
Appointment at The Association des Reassureurs Francais
The Association des Reassureurs Francais (ARF) has elected Thierry Masquelier as its president. Chri...
Capital - Hannover Re issues more hybrid capital
Hannover Re has successfully placed a subordinated bond debt issue of EUR750m in the European capita...
Nigeria - NAICOM warns on recapitalisation
Nigeria's National Insurance Commission (NAICOM) is urging (re)insurance companies in the country to...
Appointment at Ace
Bermuda-based Ace has announced that Simon Burton has been appointed president of Ace Financial Solu...
Appointment at Benfield
Professor Russell Blong has joined Benfield's team of natural hazards experts in Australia. He will ...
Appointment at Faraday Group
Faraday Group has announced that the appointments of Mark Rayner as chief underwriting officer and P...
Appointment at Miller
Miller has appointed Nicolas Lyons as a non-executive director to the company's holdings board. Mr L...
Appointment at Marsh
Broker Marsh has appointed Iain Pickard as UK retail chief operating officer. Mr Pickard will work w...
London Market - LMP slips into place
New research has revealed that only 5% of open market business will be exempt from the requirement t...
Office move - Swiss Re goes to DC
Swiss Re has opened a new office in Washington DC, in an effort to get closer to policymakers in the...
Appointments at HBOS creditor insurance subsidiary
HBOS General Insurance has announced two management appointments at its 3rd Party creditor business, St. Andrews Group based in Esher, Surrey.
Professional body to vet consultancy firms in the offing
Following an invitation from the FSA, the Compliance Consultants Steering Group has announced plans to facilitate comments between consultants and the FSA,and look at creating a professional body to provide a framework for accreditation, including a code…
Nat Cat deaths at record level in 2003
A Munich Re study finds that five ‘great’ natural catastrophes were major contributors to the record 75,000 deaths caused by natural hazard events in 2003. The US tornadoes, Algerian earthquake, European and American heatwave/forest fires and the Iranian…
Europ recruits team after RSA win
Europ Assistance has won the motor breakdown assistance account for Royal & SunAlliance and its direct operation More Th>n after a competitive tender.
Kiln posts profit for 2001, despite WTC losses
Lloyd's insurer Kiln has announced positive performance for the 2001 year of account, describing results as "paricularly strong despite the World Trade Centre disaster".
Bodyshops threaten to quit RMI
Twenty bodyshop members have resigned from the Retail Motor Industry federation's consultative committee Post Magazine has learnt.. In a letter sent to chief executive Matthew Carrington the members of the consultative group of the bodyshop services…
Marsh to hold Witham recruitment fair
Marsh is hosting a recruitment fair at its Witham office following the expansion of the Finance Service Centre (FSC). The fair is scheduled to take place from 6.30pm to 9.00pm on 16th March.