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Torus sees opportunities despite softening market
Despite a softening energy insurance market, new London and Bermuda energy player Torus has told Reinsurance it still sees plenty opportunities in the sector in which to deploy its sizeable $720m start-up capital.
Indiana could see more than $800m economic losses after floods - report
The State of Indiana could experience more than $800m of economic losses after floods wreacked havoc in the state last week, press reports say.
Insurers keeping wary eye on California wildfires - AM Best
The number of homeowners claims coming in from more than 30 active fires in California may be minimal, but insurers remain concerned about a fire season that has started earlier than usual in 2008.
Broughton takes up new chairmanship
Ai Claims Solutions has appointed Steve Broughton as chairman of AI Claims Solutions from 1 July 2008.
Risk firm responds as workplace deaths exceed murders
The chief executive of Alliance Corporate Risk Management has reacted to a hard-hitting new report that claims more people die from injuries at work every year than are murdered.
Aon service aims to halve commercial fleet accidents
Aon Corporation and Smart Drive have teamed up to provide a joint service called Aon Smart Drive.
Under-30s bemoan youth being wasted by work
Around 90% of UK employees in their 20s are working long hours at the expense of their homes lives, ...
RSA hails Cesar promise as it cuts ties with TER
RSA is understood to have ended its working relationship with plant theft database The Equipment Reg...
Appointment at BLG
Barlow Lyde and Gilbert has elected Simon Konsta to senior partner. Mr Konsta, a partner in BLG's pr...
NU suspends PAYD as take-up falters
Norwich Union is suspending its 'pay-as-you-drive' car insurance scheme due to poor take-up but says...
Appointment at MVRA
MVRA has appointed two new regional managers, Andrew Felthouse and Andrew Robertson, for its clients...
What the media said this week
Manchester Evening News Drivers caught using their mobiles face a huge hike in car insurance bi...
Appointment at Fortis
Fortis UK has appointed Ron Munro as underwriting development manager. On joining Fortis earlier thi...
Appointment at MI Adjusting
MI Adjusting has appointed Tina Whelan to head its business services division.She joins MI's existin...
Airmic 2008: Crisis management is key for survival
Many enterprises think they are better prepared for a crisis than they really are, the Association of Insurance and Risk Managers annual conference heard today.
Five per cent lie to protect 'no claims', says Autotrader
Motoring magazine Autotrader has found that small family cars are most likely to be involved in an accident.
Airmic 2008: the difficulties with insurance premium tax
Insurance Premium Tax is a major weak point for the global insurance programme, the Association of Insurance and Risk Managment conference heard today.
AIG downgraded by AM Best
AIG suffered a further blow when US ratings agency A.M. Best has downgraded a number of its ratings.
Pay as you drive insurance schemes not dead, claims consultancy
Consultant Watson Wyatt has told the insurance market "don't write off usage-based motor insurance".
AIG's Wilmington Finance unit to cease wholesale mortgage originations
AIG has said that its Wilmington Finance unit, which specialises in nonconforming loans, will cease wholesale mortgage originations effectively immediately.
ABI: public backs need for more flood action
One year on from 2007’s floods three-quarters of people think that not enough is being done to tackle flooding, according to opinion research published today by the Association of British Insurers.
Airmic 2008: Members back broker commission disclosure
Directors’ and officers’ insurance and claims performance are now among the issues that keep risk managers awake, according to a survey of Association of Insurance and Risk Managers members. The findings show that these issues rival reputation and…
Open GI appoints new director
Open GI has appointed Steve Dowle as software development director.
Europ Assistance updates medical repatriation service
Europ Assistance has changed its medical repatriation services and has acquired an oxygen concentrator for use when repatriating customers.