Insurer
Letter - Teenage Associate lays claim to record
Tony Cornell's letter in the 11 March edition "An Age Old Conundrum" denying Peter Cullum's (ascribed) claim to be the youngest Associate at 21 sent me scurrying for my archives — otherwise known as the suitcase in the loft.
Typical day: Burlesque shows and cock fighting
Post has unearthed the centuries old diary of Daul Ponaldson, Sun Insurance employee, now into his second day at the Great British Insurance Brokers' Association conference in 1710.
Budget 2010: LCCI: Budget a “mixed blessing” for City businesses
The London Chamber of Commerce and Industry has claimed that the 2010 Budget is a “mixed blessing” for businesses in the capital.
Budget 2010: Darling to “double” entrepreneurs CGT relief
Chancellor Alistair Darling has revealed that the government will double entrepreneurs relief for capital gains tax.
Budget 2010: Government pledges to support insurers on Solvency II
The government has vowed to continue its support to insurance firms ahead of the implementation of Solvency II.
Budget 2010: Government pledges to support insurers on Solvency II
The government has vowed to continue its support to insurance firms ahead of the implementation of Solvency II.
Budget 2010: Industry to offer guidance on how to deal with criminals
The insurance industry is looking to publish guidance for insurers on how to treat customers with criminal convictions.
Budget 2010: Government to consult on administration regime for insurers
The government today launched a consultation on proposals to strengthen the administration regime for insurers, ensuring consistent treatment for policyholders of insurance contracts under the insolvency and administration regime.
AIA directors to quit ahead of Prudential deal
Two senior executives have said they would leave AIA, the Asian arm of AIG, just weeks after plans were announced to sell the company to Prudential for $35.5bn.
European Commission adopts anti-trust block exemption rules
The European Commission has adopted a new regulation that exempts certain types of agreement in the insurance sector.
European Commission adopts anti-trust block exemption rules
The European Commission has adopted a new regulation that exempts certain types of agreement in the insurance sector.
Zurich to put in new controls after being found in breach over data loss
Zurich Insurance has agreed to improve information security after losing over 46 000 individuals’ personal financial information.
Zurich to put in new controls after being found in breach over data loss
Zurich Insurance has agreed to improve information security after losing over 46 000 individuals’ personal financial information.
AirSP appoints new chairman
Association of Insurance and Reinsurance Service Providers appoints Julian Porter of Factorre as its new chairman
View from the top: A makeover of the mind
The insurance industry has an image problem. If it were a celebrity, it would take more than just a nip and tuck and some botox to transform its wrinkled reputation with the paying public.
Markel appoints joint heads for speciality division
Markel International has promoted Robin Ungless and Wayne Paternoster to joint managing directors of its specialty division.
Defaqto: 8% of policies not offering car replacement cover
Almost one in ten car insurance policies do not over new car replacement cover, research from Defaqto has shown
Forensic accountancy firm adds to regional offices
Forths, which provides forensic accountancy services to insurance companies, has opened a second office in Leeds.
Endurance raises $85m
Bermudan (re)insurer reopens 2004 debt offering of 7% senior notes due 2034 to raise funds for “general corporate purposes.”
Ecclesiastical reports £100m swing in profits
Specialist insurer Ecclesiastical has announced a net profit of £79m for 2009 - a swing of almost £100m after a loss of £22.5m in 2008.
Lancashire: no material exposure to Xynthia
Lancashire Holdings today announced that it estimates its net losses before tax from the earthquake in Chile and subsequent aftershocks range from approximately US$65m to US$125m including the sum of gross claims and claims expenses, reinsurance…
Lancashire: no material exposure to Xynthia
Lancashire Holdings today announced that it estimates its net losses before tax from the earthquake in Chile and subsequent aftershocks range from approximately US$65m to US$125m including the sum of gross claims and claims expenses, reinsurance…
Abbey looking forward to 2010 "with confidence" after £8.7m profit
Abbey Protection saw a 6% growth in pre-tax profits to £8.7m in 2009, on revenue (before investment income) up 15% to £32.5m.
Lloyd's hails record profit of £3.9bn for 2009
Lloyd's this morning announced a £3.9bn profit for 2009 (2008: £1.9bn), which it hailed as a "record results during challenging economic conditions".