Regulation
AM Best affirms Popular Life Re
AM Best has affirmed the financial strength rating of B++ (Good) and issuer credit rating of “bbb” of Popular Life Re (San Juan, Puerto Rico). The outlook for both ratings is stable.
QBE to buy PMI’s Australasian units for $901m
QBE Insurance has agreed to buy the Australian and New Zealand operations of US mortgage insurers PMI for a total of A$1.027bn ($901 million).
Endurance: construction push first of many
London market insurer Endurance has branched into the construction sector and aims to expand its ins...
Appointment at Aon
Aon's marine team has appointed two new specialist claims directors: Gordon Brown and Robert Dobson....
Off the chart
Mapping and Modelling: Flood risk
The science of compliance
Compliance: Data protection
Gets rid of tough stains
Compliance: Financial crime
Online insurance provider boasts of 87% growth in 2008
Dayinsure.com, the internet based, short term motor insurance provider, has entered the motorcycle market.
Florida urged to reject State Farm rate hike request
Florida’s consumer advocate is recommending state regulators deny a rate increase request from insurer State Farm.
Unum to co-host 2008 Fit For Work, Fit For Life event in Surrey
Unum has announced that it is to host the 2008 Fit for Work, Fit for Life event in association with Healthy Office Working and Maria Lallemant, Ergonomics specialist.
Fitch has a "positive" outlook on RSA
Fitch Ratings has today changed RSA's outlook to positive from stable, and affirmed its insurer financial Strength at 'A-' (A minus) and long-term issuer default at 'BBB+'.
CEGA targets personal accident and creditor services
Third party claims administrator and emergency assistance provider CEGA is targeting personal accident and creditor business.
Endurance diversifies business
Property and casualty insurance and reinsurance provider Endurance has diversified its offerings to clients and brokers in the UK and introduced new lines of business.
FSA changes RDR timetable
The FSA has announced that it will change the timetable for publishing feedback on the Retail Distribution Review (RDR) Discussion Paper with the full feedback statement now due to be published in November.
Altered states
Legal Services Act: Scotland
Appointment at IDRS
IDRS has appointed Neal Hawkley as its new customer relations manager. He joins from Fujitsu Telecom...
QC applauds 'rational' bouncy castle U-turn
The Court of Appeal's decision to overturn a ruling that held parents responsible for an accident on...
Markel investments hit by market turbulence
Markel has reported that net income has fallen to $116.2m in the first half of the year from $219.9m in 2007.
Growth in demand for captive ratings says AM Best
AM Best has reported a growing interest in financial strength ratings for captives and other alternative market vehicles in the European market.
Hartford unveils plans for coastal homeowners insurance
(BESTWIRE) Hartford Financial Services Group is joining a growing list of insurance companies to unveil plans they say are solutions to the coastal homeowners insurance issue.
Ace completes redomicilation to Switzerland
Ace Limited has completed its previously announced redomestication of the company, from the Cayman I...
Lloyd's reform order laid before UK government
Economic Secretary to the UK Treasury, Kitty Ussher MP, yesterday laid before the UK parliament a dr...
Beazley turns to US book to help in 'challenging period'
Beazley Group has reported a 25% fall in pre-tax profits to £45m for the first half of 2008, compare...