Personal
S&P: SCOR and Converium ratings unchanged by merger deal
Ratings agency Standard & Poors has affirmed both SCOR and Converium’s financial strength ratings at A- following the Converium board’s unanimous acceptance of a revised takeover offer from the French reinsurer.
Stamping out the 'culture of contempt'
Reform is high on the agenda of the Claims Club, as the industry sees itself challenged to respond to two major consultation papers on personal injury claims and insurance contract law. Lynn Rouse reports
Law firm pulls plug on defendant legal work
Law firm Silverbeck Rymer is pulling out of defendant work in favour of becoming a claimant-only bus...
Penny Black's insurance week
Dedication, that's what you need, said the late Roy Castle. Penny was always a fan of this mantra, h...
Appointment at Arista
Arista has appointed Alan Bradbrook as motor trade underwriter following the launch of its new motor...
Allianz Commercial revamps motor trade policy
Following extensive customer research, Allianz Commercial has re-launched its motor trade product with a range of new and significantly improved features.
Carbon offset car insurance launched
ibuyeco, a new eco-friendly car insurance scheme that will offset 100% of customers’ CO2 emissions for the duration of their policy and help make a contribution towards tackling global climate change, has been launched.
Report reveals rising cost of fraud
Fraudulent insurance claims are now costing insurers and honest customers over £4 million every day, according to figures released today by the ABI. Initial findings from ABI research estimate the annual cost of insurance fraud to be £1.6bn.
GMAC buys Provident for £170m
GMAC Insurance, the insurance business of GMAC Financial Services, has today entered into an agreement to acquire Provident Insurance, the UK based automotive insurance division of Provident Financial.
Defendants seek to join Thameside as second indexation case goes against insurers
The Judgment in Corbett v South Yorkshire Strategic Health Authority was handed down by His Honour Judge Bullimore earlier today. Kennedys, instructed by the NHS Litigation Authority, represented the Defendant.
DCA proposes widening eligability for claimants
A consultation paper proposing changes to parts of the civil law on damages was published today by the Department for Constitutional Affairs.
Novae appoints specialist FI underwriter
Novae has hired a financial institutions underwriter for emerging markets and commercial crime in the UK regional market.
Chubb merges personal lines and accident
Chubb has merged its personal lines division and accident and health business under one head, follow...
Home from home
League Tables: Home insurance
Appointment at AIG
AIG Europe has appointed Deborah Kirrane's as a senior underwriter in its private client group. Prev...
Earthquake claims
Around 300 claims amounting to an insured value of £20m are expected to result from last weekend's e...
GM in Provident swoop
General Motors has entered the race to buy Provident Insurance's motor book, with a £175m offer moot...
Quinn sues state over reforms failure
Quinn Group has begun proceedings against the Irish government, claiming that new reforms of the Iri...
What the papers said this week
Telegraph Children should not place computers on their laps while they are using wireless inter...
Dual growth pushes up Hyperion turnover
Hyperion has reported increases of 24% in turnover and 37% in operating profits, with revenues risin...
The acid test
Disaster Recovery: Chloride analysis
Appointment at Crawford and Company UK
Crawford and Company UK has announced the appointment of Vic Noble as national customer service mana...
Allianz relaunches and refocuses motor trade
Allianz Insurance this week relaunched its motor trade policy, its first major overhaul in nearly 10...