Personal
Quinn-Direct profits top £61m
Quinn-Direct Insurance, the Irish insurer, today announced that it made a pre-tax profit of £61m in the six-month period to the end of June 2005, an increase of 29% over the first half of 2004.
Heath Lambert partners building society in commercial scheme
Heath Lambert Insurance Services (HLIS), the personal lines division of Heath Lambert Group, has announced a new relationship with Kent Reliance to provide a fully outsourced commercial insurances scheme.
Ace issues quarterly risk report
Almost 60% of chief risk officers and senior risk managers view network risk as a significant and growing threat to their organizations, according to research from Ace European Group.
2004 hurricane season leaves continued costs scars
Risk Management Solutions (RMS) has announced that elevated labour and material costs following last...
Axa to sponsor ITV3 drama schedules
Axa has unveiled new sponsorship support for British drama on ITV3 – the first time the drama channel has been sponsored.
Insurers hit by Birmingham tornado
The Tornado that hit parts of south Birmingham yesterday could cost insurers £40m, it has been claimed.
Lloyds looks to direct distribution
Lloyds TSB has reported that profit before tax, on a comparable basis, from its general insurance operations increased by £7m, or 8 per cent, to £94m.
L&G profits nose dive
Legal and General reported a £13m slump in general insurance profits for the six months up to June 2005.
RSA deal raises $230m
Royal and Sun Alliance today announced the sale of its speciality US nonstandard motor business, Viking Insurance, to Sentry Insurance.
Axa sees slump in UK commercial and motor revenue
Axa today reported that its motor and commercial revenue had fallen in the first half of 2005 in the UK and Ireland.
Hiscox expects to exceed profit forecast
Hiscox today said it believes that the group's half-year results will be materially ahead of expectations due to strong trading, benign claims activity, an improved investment performance, and the effect of reporting under International Financial…
Winners and losers: Post Magazine's monthly round-up of job cuts and gains
WINNERS A new personal lines start-up, Swiftcover, launches backed by a £12m advertising campaign a...
Unum to spotlight ageing workforce
Income protection insurer Unum Provident is set to carry out research into employer and employee att...
Safety regulations leave insurers exposed
New product safety regulations could leave insurers dangerously exposed because of poor understandin...
MIB switches as team transfers
One of the two specialist fraud teams instructing the Motor Insurers' Bureau has switched firms in a...
Hiscox reports restated 2004 results
Hiscox has reported that, under International Financial Reporting Standards, its restated 2004 resul...
Appointment at Hiscox
Hiscox in Glasgow has made Colin Wallace manager of its art and private client division. Mr Wallace ...
Universal Salvage appoints sales director
Universal Salvage has appointed David Turney as sales director. The vehicle salvage operator said Mr...
Swiftcover in travel launch
Online start-up Swiftcover is branching into travel insurance only weeks after its launch (PM, 30 Ju...
Roots of authority
Sharon Roots became chair of Alarm on the day London was announced as host for the Olympic Games. Lynn Rouse reports on how Ms Roots plans to put the body on the podium
All the Wright moves
Professional Football
Aon plans to 're-establish itself'
Broker Aon plans to "re-establish itself as a competitive force in the yacht market", under new dire...
B&B looks at online growth
The new head of general insurance at Bradford and Bingley is looking to grow the company's internet ...
RIAS signs up Titan Hi Tours
Specialist over-50s insurer RIAS has signed up Titan Hi Tours to its home and motor insurance produc...