News
Benfield Group sells shares.
Reinsurance broker the Benfield Group sold shares at 250p each for its initial public offering last ...
Royal & Sun Alliance returns to FTSE 100.
Insurer Royal & Sun Alliance has returned to the FTSE 100. The company, which was booted out in Marc...
Continuity top for risk managers.
Nearly all risk managers - 86% - expect to make greater use of self-insurance over the next five yea...
HBOS appoints First Assist as health partner.
First Assist, the new healthcare and assistance business founded by a management buyout from Royal &...
Appointment at Allianz Cornhill.
Heidi Higgs has been promoted to account development manager at Allianz Cornhill Engineering, West E...
Appointment at Mayer, Brown, Rowe & Maw.
Ian McKennal has joined Mayer, Brown, Rowe & Maw as a reinsurance partner. Previously, Mr McKennal w...
Folgate to regulate members under FSA scheme.
Broking giant the Folgate Partnership is to offer to regulate members under the Financial Services Au...
Appointment at Hazell Carr.
Hazell Carr Pensions Consulting has appointed Colin English from Towers Perrin. Mr English joins as ...
Brit goes on spending spree
Acquisitive Brit Insurance is understood to be close to another buy, following its purchase of the ...
Norwich Union launches Liability Factfinder.
Norwich Union has launched a Liability Factfinder in an effort to encourage good health and safety s...
Appointment at Standard Life.
Caroline Southwood has become Standard Life Healthcare's first director of corporate affairs. She ha...
TMA presents parent company with options.
The board of Trenwick Managing Agents has presented the board of its Bermudian parent company with t...
What the papers said this week.
DAILY MAIL Financial services giant American Express is believed to be close to paying £300m for ...
RBS to target SMEs after Churchill buy
Broker-only insurer NIG could see massive growth following its parent Churchill's £1.1bn acquisitio...
Minding the gap.
The sector can be rewarding for those insurers that find their niche. Despite fierce competition, there is room for new entrants spotting a gap in the market such as travel and the year out, a growing part of student life - even for the Royals. Hugo…
Network approach attracts 'middlemen'.
The Financial Services Authority's plan to allow broker networks to regulate scores of independent b...
View from the Top.
Interesting times lie ahead. Motor premiums are not rising to keep pace with claims inflation, while...
RAA releases industry results
The top 50 property and casualty reinsurers in the US wrote $30.8bn in net premiums in 2002, accordin...
Turbulent times ahead
The reinsurance industry could be about to suffer a casualty, according to speakers at the Associatio...
Court approves sales of Gerling reinsurance operations
The Gerling group said that it would finally sell its reinsurance operations to a company controlled ...
American Club sails into profit
New York-based marine protection and indemnity (P&I) mutual the American Club made an operating profi...
Insurance industry incompetence wastes money
Insurance industry incompetence is wasting tens of millions of pounds in unnecessary litigation eve...
Caught in a suntrap?
As British holidaymakers head for warmer climes, the sale of insurance by travel agents is the hottest topic across the industry. The Treasury has decided against regulation of cover when it is sold as part of a package holiday, so consumers may still…
Adjusting to a changing brief.
Long-serving chief executive of Cunningham Lindsey UK Gerry Loughney has seen the company through its ups and downs. He talks to Anthony Gould about his views of the market and how his own business is changing.