Personal
XL unveils fresh $50m US liability capacity in London
XL Europe has announced the formation of a new $50,000,000 gross line US liability underwriting unit based in London and has appointed former Zurich London chief underwriting officer, Glenn Burles to head up theunit.
School arsons on the rise
New figures released today by Zurich Municipal, show that the cost of fires in schools increased by 13% in 2004 compared to the previous year. Related costs incurred as a result of school fires cost £83 million last year and have increased by more than…
Fraud database nails first cheat
The Association of British Insurers today revealed the national database launched earlier this year to combat motor insurance fraud has claimed its first cheat.
Machell to head up RAC
Aviva today announced that Simon Machell, former Norwich Union customer services director, will become the RAC’s managing director.
Carole Nash secures 64% profit increase
Diversification has seen Carole Nash Insurance Consultants secure record profits for the year ended October 31, 2004.
Stop driving, Miss Daisy
Motor
Reinsurance market unaffected by BP Texas City refinery explosion loss
Oil giant BP has confirmed to Reinsurance that the explosion and subsequent fire at its Texas City r...
Claims fraud detection up, claims ABI
There has been a dramatic rise in the value of fraudulent insurance claims being detected by insurer...
Absolute claims motor fraud boost
Claims fraud specialist Absolute Customer Management has revealed that every car insurance claim that is referred to it will now be run through the Car Data Check database from Experian.
Kwik Fit put up for sale
The owner Kwik-Fit is to sell the business after deciding not to float it on the stock market, according to reports.
Surround of the suburbs
M25 Region
Mapping the future
Mapping Technology
Norwich Union launches product
News in brief
Courts Act leads to surprise settlements
The introduction of the Courts Act, which gives judges the right to impose structured settlements, h...
Aon subsidiary restructures
Combined Insurance is reorganising its business in a push to raise its profile among UK consumers. ...
CIS sees 50% profit slump
The Co-operative Insurance Society has admitted its well-documented failings contributed to a nose-d...
AM Best downgrades
News in brief
Norwich Union and Ford agreement
News in brief
Airport roof bill reaches £102m
Aeroports de Paris (ADP) has confirmed that it would cost an estimated EUR150m (£102m) to rebuild th...
Heath Lambert launches commercial operation
Heath Lambert Group has appointed Steve Maggs as managing director of "a new commercial operation" based in Reading, while Stephen Wood has been appointed managing director of the Group's Swindon office.
Fitch rates Generali notes
Fitch Ratings, the international rating agency, has assigned Italy-based Assicurazioni Generali SpA's €500m issue of senior unsecured notes, maturing 2015, a rating of 'AA-' (AA minus).
Comfort Insurance in wireless trials
Specialist motor caravan intermediary Comfort Insurance has become the first CDL broker to trial 3G technology and gain remote wireless access to the CDL broking system installed at its Dagenham offices.
Fears raised over motor claims
Nine out of 10 motorists will be involved in an accident in their lifetime but a third would rather pay up than make an insurance claim, according to More Than.