News
Omni Whittington takes management of run-off Syndicate 376
Talbot Underwriting has agreed to transfer the management of Syndicate 376 to specialist run-off agent Omni Whittington Capital Management.
Watson Wyatt establishes German insurance arm
Watson Wyatt is establishing an insurance and financial services consulting team based in Munich.
Partner Re hit by Algerian gas explosion
Bermudian reinsurer Partner Re has announced that it is facing a $27-30m claim from the explosion that wrecked a natural gas plant in Algeria on 20 January this year.
Heath Lambert sees capacity migration
British businesses shouldn't relax just yet according to broker Heath Lambert Group, despite indications that the insurance market may be softening in some areas.
Police investigation underway into Tribune collapse
A Police specialist fraud unit is investigating the collapsed insurance intermediary, Tribune Risk and Insurance Services, Insurance Window can reveal.
Axa loses two heads to Groupama
Phil Bird will be joining Groupama from Axa as director of non-motor and SME underwriting, while Kate Mutter, also from Axa, will be joining Groupama to head the group's sales and agency activities.
Brown retires from XL Capital
XL Capital has announced that Nicholas Brown, chief executive of the company's insurance operations, will be retiring on 1 April this year. He will be replaced by Clive Tobin, who is currently chief executive of XL Insurance Global Risk.
ICOB rules criticised for mirroring EU Directives
The Financial Services Authority's Conduct of Business rules have been criticized for following EU Directives too closely, according to Oliver Lodge, managing director at Beachcroft Wansbroughs Consulting.
XL Capital reshuffles management
XL Capital has announced a series of senior management appointments in its reinsurance operations.
BIBA launches FSA compliance workshops
The British Insurance Brokers' Association has announced a nationwide series of compliance workshops to guide practitioners through the Financial Services Authority application process.
Lime Street heads north
London headquartered insurance recruitment specialist Lime Street opened its first regional office i...
Alan Boswell expands site
Norwich-based broker Alan Boswell is taking an extra 3000 square feet to accommodate new facilities ...
Know your rights: This month - Flexible working
Since last April working parents have held the right to request flexible working. Linda Sohawon explains the legal position
Law firm warns on Indian outsourcing
Law firm Beachcroft Wansbroughs has warned insurers planning to outsource jobs to India of the reput...
European insurance exposure to Parmalat 'nominal' says S&P
The investment exposure of European insurers and their US subsidiaries to Parmalat is nominal, estimated at less than £202m marketwide, Standard & Poor's ratings services said today.
DAS in mortgage tie up
Insurance management consultancy Median's Smartgard mortgage protection offering now includes domestic emergency assistance from DAS as mandatory cover.
Chubb publishes report on aggravated burglary
Chubb Insurance is calling on other UK insurers to provide support and protection for homeowners against the traumatic effects of aggravated burglary. The insurer has published a review of the impact of aggravated burglary in England and Wales today and…
Helphire in Centrus deal
Bath-based accident management specialist Helphire Group has agreed to offer an ongoing service to the customer referred business of fellow accident management company Centrus and its legal expense insurance product, 'Safeguard'.
CIFAS reports increase in fraud prevention
The 240 plus Members of fraud prevention service CIFAS have reported they prevented fraud losses of £487 million by sharing information on fraudsters through the CIFAS data sharing scheme in 2003.
Moody's updates insurance liquidity model
Moody's Investors Service has published a new report on the US life insurance industry after updating its US life insurance liquidity model with 2002 year-end data.
Fitch affirms Brit ratings
Fitch Ratings, the international rating agency, today affirmed Brit Insurance's 'A' Insurer Financial Strength rating, with a positive outlook, following Brit's announcement that it has initiated the process to effect a capital reorganisation.
Health for Industry makes second major move
Health-related employee benefits consultancy Health for Industry, part of Bermudian-based insurance ...
Towergate quashes float talk
Towergate has denied its major restructure announced last week - bringing its collective of 39 compa...
Appointment at Mills & Reeve
Clare Anderson joins the firm's insurance group from the London firm of Fishburns, where she quali...