News
Government awards grants to tackle road safety
Four local authorities have been awarded over £4m by the government for extra road safety measures to reduce casualties in deprived areas.
General insurers confident of achieving FSA compliance on time
96% of general insurance brokers are confident that they will be fully prepared and on time to submit their application by 14 July 2004, to seek authorisation from the Financial Services Authority, according to a report from Grant Thornton's Financial…
L&G returns to profit
Legal & General posted net profits of £859m in 2003, compared to a loss of £423 last year and its first for three years.
Domestic & General reports continued growth
Domestic & General Group has announced its preliminary results for the six months ending 31 December 2003, reporting slightly slowed growth up 4.6% to £112.3 million and operating profits up 42.5% to £10.4 million.
Senior market figure warns against complacency at IIL lecture
Brian Caudle, director of underwriting at Advent Underwriting, has warned Lloyd’s underwriters and brokers of the need to get their houses in order, before FSA regulation is instated.
Employers warned over obesity premium hikes
UK businesses must act now to counter the increasing levels of obesity among the British workforce, otherwise they risk facing increased premiums on their group income protection policies, income protection insurer Unum Provident warned today.
Axa UK earnings down
Net income at Axa for the second half of 2003 rose to $995m (£518m) in 2003 from $140m (£73m) the year before. Total net income for 2003 rose 6% to $1.25bn, though UK earnings were down.
Appointment at Axa
The board of Axa UK has made Keith Gibbs and John O'Neill board directors. Mr Gibbs is currently chi...
Bodyshop start-up aims to be a 'survivor'
Bodyshop network Motor Repair Management is launching a further acquisition spree this spring, havin...
RBS rules out insurance buys
Results Round Up
Kelly defends FSCS Chester Street pay-outs
The government this week insisted its arrangements for compensating solvent businesses affected by t...
Regulatory burden weighs heavy on Lloyd's players
London Market News
Appointment at UKI Partnerships
UKI Partnerships has made Chris Knott business sector manager of its affinity insurance partnerships...
Appointment at Cigna
Cigna's international expatriate benefits department has appointed Teresa Rogers to the newly create...
Appointment at Misys
Misys has extended its Financial Services Authority business unit with the appointment of a new regu...
Appointment at Practiv
Practiv has employed Paul Smee, director general of the Association of Independent Financial Adviser...
Animal magic
London Market News
Munich Re makes 'significant improvements'
Munich Re has made 'significant improvements' in prices and conditions for renewals at the start of ...
What the papers said this week
The Guardian Former Charlton midfielder Matt Holmes has been awarded £250,000 over what a court hea...
Catlin Group believed to be preparing for flotation
Catlin Group is believed to be preparing a flotation on the London Stock Exchange within the next fe...
Alarm believes those in charge of school trips may abandon them
Alarm, the national forum for risk management in the public sector, said it believes those in charge...
Appointment at Watson Wyatt
Alan Whalley has transferred from London to Washington to take up the position of US regional manage...
GAB Robins Global appoints chairman of its global operations
Loss adjuster GAB Robins Global has appointed Jun Tsusaka as chairman of its global operations. Jose...
QuestGates appointed by Teachers Assurance Company
Loss adjuster QuestGates has been appointed, along with Cunningham Lindsey, to be the adjuster for T...