News
Ratings agencies downgrade XL Capital Group
Ratings agencies AM Best and Standard & Poor's Ratings have downgraded the debt ratings of XL Capita...
Appointment at Illium
Specialist Lloyd's liability syndicate Illium Syndicate 4040 has strengthened its team with four new...
ABI and CILA set to unite over national terrorism plan
The Association of British Insurers and the Chartered Institute of Loss Adjusters have agreed to mee...
The Community Broking Group makes first acquisition
The Community Broking Group has made its first acquisition since its floatation on the Alternative I...
FSA decision angers brokers
Brokers have expressed anger at the Financial Services Authority after it scrapped plans to force co...
RSA in More Th>n broker promise
Royal & Sun Alliance has promised brokers it will match any quote given by its new direct commercial...
ALM welcomes new members
The Association of Lloyd's Members has welcomed the election of Conservative MP Quentin Davies to th...
Benfield acquires entire issued share capital of Airs Re
Broking giant Benfield has acquired the entire issued share capital of Airs Re, the Australian based...
McLarens deal sees French expansion
International loss adjuster McLarens Young has expanded its presence in France by forming a partners...
Levene calls for US legal reform
Lloyd's chairman Lord Levene has stepped up his call for reform of the US legal system over asbestos...
Final FSA rulebook gets mixed reaction
The publication of the Financial Services Authority's final Conduct of Business Rules sourcebook has...
Merger of equals to benefit broker
The general insurance broking arm of independent financial adviser Berry Birch and Noble could be se...
Travel on the cards
Travel assistance provider FirstAssist is set to team up with Barclaycard to provide travel insuranc...
RAC seeks new head by April
RAC Financial Services is looking to appoint a new boss by the end of March, it told PM this week, a...
What the papers said this week
The Sunday Times Insurance companies may be forced to reduce annuity payments to pensioners in ...
Lochain Patrick agrees in principle to acquisition
Lloyd's broker Lochain Patrick Insurance Brokers has agreed in principle to acquire the specialist m...
Brit announces reorganisation plan
The Board of Brit Insurance Holdings today announced that it has initiated the process to effect a capital reorganisation.
Phillips to head up AA Insurance
Clare Salmon, recently appointed managing director of AA Financial Services, has promoted Neale Phillips to head up its broking arm, AA Insurance.
Elborne joins ERC
ERC has announced that Mark Elborne is joining the company as general counsel.
Hiscox wins City of London environmental award
Hiscox has scooped the top award in a scheme recognising City business's commitment to the local environment. The Clean City Awards are given as part of an annual scheme established by the Corporation of London. The awards judge the commitment of…
Property insurance premiums falling says study
Commercial insurance buyers say the cost of property insurance fell 8.8% in the fourth quarter of 2003 marking the first decline in premium prices in any major line of commercial insurance in nearly four years, according to the North American Risk and…
FSCS to appeal Lords over Indie decision
The Financial Services Compensation Scheme today announced plans to petition the House of Lords for leave to appeal the recent judgement by the Court of Appeal in the case of Geologistics.
Windsor pays £2.7m to settle dispute
Broker Windsor has announced the resolution of its dispute with the Kenya Ports Authority and Kenya Ferry Services, concerning business placed between 1994 — 1998.
New elections to Council of Lloyd's
Five appointments to the Council of Lloyd's, the ultimate governing body of the market, have been made following an election of members which closed at 1.00pm on Monday 19 January 2004.