Personal
FSA warns consumers Orion cover may be 'invalid'
The Financial Services Authority has warned consumers that motor insurance bought through Orion Direct and its sister company Peppercom may not be valid.
Motor accidents account for 72% of PI claims, reveals PIAB
Ireland's Personal Injuries Assessment Board has found that 72% of all personal injury claims processed by the board in 2007 arose from motor accidents.
Florida Cat Fund reform clears key senate committee
A bill aiming to reduce the limits available and increase co-reinsurance levels under the Florida Hurricane Catastrophe Fund (FHCF) has been approved by the Florida Senate banking and insurance committee.
ABI takes personal injury reform call to Parliament
The Association of British Insurers is hosting a parliamentary reception at the House of Commons this afternoon as part of its latest push to urge the government to implement proposed reforms of the personal injury compensation system. Read the ABI's…
Whittington appoints Loudon
Whittington Group has announced the appointment of John Loudon as non-executive chairman.
Chubb's new motor policy to include disability and illness cover
Chubb Insurance has launched a new motor policy.
The Revival Company heralds acquisition
The Revival Company, the fire and flood restoration specialist, has acquired 80% of Arepa UK, technical disaster recovery experts.
Appointment at Taylor Patterson
Frank Shaw has joined Preston-based insurance brokers Taylor Patterson as a corporate insurance admi...
What the papers said this week
Independent on Sunday A-Plan Insurance is courting private equity bidders with an auction for the c...
New XL CEO admits he has "no magic potion"
XL Capital's new chief executive has told Post he hopes his "outsider's perspective" will bolster th...
Appointment at AIG UK
AIG UK has appointed David Gerrish as head of commercial motor. He will work within the liabilities ...
Looking Back
Looking through Post's back catalogue paints a unique picture of more than 150 years of insurance news, as these highlights from past-articles reveal
Guillaume joins Open GI
Chris Guillaume, research and development director of Open GI, is set to take charge as managing dir...
Appointment at Home and Legacy
Home and Legacy has appointed David Cleverley as motor products manager. Mr Cleverley's responsibili...
Claims People scopes market for deals
The Claims People is looking at increasing the company's breadth through acquisitions, its chairman ...
Marsh fined EUR5000
Marsh Ireland has been fined EUR5000 (£3907) following suspected regulatory requirement breaches. Th...
Heath Lambert boss moves to head up rival
Oxygen Holdings has appointed a managing director to help its broker subsidiary conntinue to develop...
Willis given green Saudi greenlight
Willis has become one of the first brokers to be officially licensed in Saudi Arabia by the Saudi Arabian Monetary Agency under the provisions of the Insurance Law of 2004. The broker’s operations in the country will henceforth be known as Willis Saudi…
XL picks outsider for O'Hara role
XL Capital has ended years of speculation by naming Mr Michael S. McGavick toreplace Brian M. O'Hara as its next chief executive on May 1st. O'Hara announced in October 2007 that he would retire as CEO by mid-2008 and will serve as chairman during the…
Bank of England's £5bn offering to banks five times oversubscribed
In order to pump liquidity into the money markets the Bank of England offered £5bn to banks over a three-day period; however UK's banks wanted more and requested a total of £23.6bn.
Oxygen appoints broker division MD
Oxygen Holdings has appointed Tom Ernoult as managing director of its subsidiary, Oxygen Insurance Brokers.
Marsh unveils new relationship role
Marsh has appointed Jeremy Cooke to the new position of global head of market relationship management.
AA pours scorn on Datamonitor claim of motor market recovery
AA Insurance Brokers has thrown doubt on claims the motor market may make a profit for the first time in 15 years in 2009. The broker points to continuing claims inflation and premium competitiveness as key factors that will make profitability in two…
Motor market tipped to make profit for first time in 15 years
A new report by independent market analyst Datamonitor reveals that the UK private motor insurance market could finally make a profit in 2009 after 14 years of unprofitability.