News
Ace unveils record profits
Bermuda-based Ace has announced record profits for both the fourth quarter of 2003 and the year as a whole.
Aviva predicts surge in profit
Aviva has said it expects its 2003 operating profit will be about £1.9bn, ahead of market predictions of £1.7bn, in a trading statement this morning. It said the forecast was based on strong second half performance at both its general and life business.
Blong joins Benfield
Professor Russell Blong has joined reinsurance intermediary Benfield’s team of natural hazards experts in Australia.
Careers Clinic
This month, our recruitment experts offer advice on the etiquette of resignation and the best way of juggling the search for a new job with your current employment
Lloyd's joins police on London beat
Senior figures from Lloyd's are set to help develop the business planning, change management and fin...
Zurich Municipal aims to cut costs with risk training
Zurich Municipal has been selected by the Public Private Partnership Programme and the Improvement a...
Time to test yourself
A selection of questions from various past CII qualification papers. Studying for Chartered Insu...
FSA bans six for distorting financial results
The Financial Services Authority (FSA) has banned six former directors of a UK insurance company called Chiyoda Fire and Marine Insurance Company (Europe) Limited (CE) for their role in distorting the financial results of CE during 1999 and 2000. CE is…
New head of UK Retail at Marsh
Marsh has appointed Iain Pickard as its chief operating officer for UK Retail.
NU close to HHH commercial sale
Norwich Union is in “advanced negotiations” to sell the commercial business of its high street broker Hill House Hammond, according to intermediary business director Ken Wallace.
CFS snubs India to recruit 500 in UK
Co-operative Financial Services is set to recruit 500 people for a number of its service centres in the North-West of England.
NU says HHH could not compete with personal lines direct players
Norwich Union (NU) has claimed it was forced to close Hill House Hammond (HHH) because it could not compete with direct insurers on the personal lines side or sell it for the right price, reports James Salmon at Insurance Age .
Nicholls to take over as CEO of loss making Aquilo
Claims services company Aquilo today reported a loss for 2003 and admitted that it has been through a difficult period and that "getting the business into shape has taken longer than originally forecast due to the time needed to create new revenue…
First casualties of HHH closure
Andy Powell, insurance relation director and Gareth Lloyd, IT director in Hill House Hammond’s (HHH) Bristol headquarters are set to become the first casualties of Norwich Union’s (NU) controversial decision to sell the broker, reports James Salmon at…
Trade bodies announce merger to tackle personal injury claims
The Claims Standards Association and the Personal Injury Federation have agreed to join forces to form one body that aims to develop a code of practice for companies offering personal injury and claims services.
Swiss Re set to buy CNA Financial book of business
Swiss Re is set to acquire Chicago-based CNA Financial’s book of individual life insurance policies for an estimated $690m.
NU shuts high street broking arm HHH
Norwich Union this morning announced that it plans to close high street broking subsidiary Hill House Hammond. The Bristol-based broking giant employs over 2000 people.
RSA launches new broker marketing campaign
Royal & SunAlliance has launched a new marketing communications campaign – ‘We can’t help helping’ aimed at commercial lines brokers.
Vega makes first acquisition
Acquisitional broking group Vega Insurance Services has made its first acquisition, buying Preston-based Abacans which has a premium income £9m.
Appointment at Ace
Ace has appointed Neal Haywood as senior property underwriter for its multinational property book....
SunGard Availability Services wins contract
SunGard Availability Services has won the Royal & Sun Alliance contract for all of its UK workplace ...
The Comite Europeen des Assurances lends its support
The Comite Europeen des Assurances has lent its support to the European Road Safety Charter, launche...
Appointment at Community Broking Group
Community Broking Group has appointed John Sowerbutts as manager of the company's risk management ...
Lloyds TSB plans expansion with online deal
Lloyds TSB Insurance has signed a two-year, six-figure deal with Tiscali UK, the internet communicat...