Insurer
European super regulator rules passed
Rules passed today which create three new European Supervisory Authorities and a European Systemic Risk Board keep national regulators at the fore whilst ensuring a common rule book to prevent future economic crises, Kay Swinburne MEP, European…
New CILA chief to take up code challenge
The new president of the Chartered Institute of Loss Adjusters has vowed to publish a new code of conduct before the end of the year.
BIS 2010: Aviva CRO highlights Hodges role in promoting risk management
Aviva UK chief executive officer Mark Hodges made improving the firm’s risk management a top priority after taking up the role, according to the insurer’s group chief risk officer Robin Spencer.
Groupama contract boosts Nationwide H1 results
Nationwide Accident Repair Service has reported a 9% increase in turnover for the first half of the financial year – aided by a significant new contract with insurer Groupama.
BIS 2010: Towergate's Blanc underlines issues faced by IPO market
Towergate deputy group chief executive Amanda Blanc has highlighted the difficulties companies are facing launching IPOs in the current financial market.
BIS 2010: Baugh claims UK insurance industry lacks cohesive voice
The UK insurance industry may fail to get its voice heard at home and on an international stage because it is too “fractured”.
Lancashire Insurance Company appoints head of underwriting
Lancashire Insurance Company Limited, the Bermuda operating subsidiary of Lancashire Holdings Limited, has announced the appointment of Simon Fascione to the position of head of underwriting reporting to Charles Mathias the chief underwriting officer.
Paymentshield & Towergate Home & Protect sign 3 year deal with PMS
Paymentshield and Towergate Home & Protect have been appointed to PMS’ preferred panel of general insurance providers.
Standard & Poor’s withdraws rating for Swedish insurer
Swedish non-life insurer Moderna has had its Standard & Poor’s long-term financial strength A rating withdrawn after its assets were transferred to another insurer.
"Stand out" Admiral has room to grow
Jefferies has downgraded its recommendations for Admiral from 'Buy' to 'Hold'.
Standard & Poor’s withdraws rating for Swedish insurer
Swedish non-life insurer Moderna has had its Standard & Poor’s long-term financial strength A rating withdrawn after its assets were transferred to another insurer.
Fitch places Brit on Rating Watch Negative
Fitch Ratings has placed Brit Insurance's Insurer Financial Strength rating of 'A' on Rating Watch Negative.
Research shows that young drivers should be banned from night-time driving
Cardiff University researchers have said that newly qualified young drivers should be banned from night-time motoring and carrying passengers of a similar age, the BBC reports.
Lloyd’s names new American director
Specialist insurance market Lloyd’s has appointed Pat Talley as the regional director of its Central US region.
Service Certainty launches new MOJ reforms offering
Insurance consultants Service Certainty has launched a new service designed to help insurer’s combat fraud and meet timescales under Ministry of Justice reforms.
Ecclesiastical appoints business development chief
Ecclesiastical Investment Management has named Mark O’Connor as head of institutional business development.
Timber frame guidance set to be published
The Fire Protection Association and insurers technical research group RISC Authority have announced their intention to publish comprehensive guidance aimed at tradesmen installing services into timber frame construction.
Grieving Scottish families must be protected from further trauma
Families mourning the loss of a loved one killed through negligence must not be subjected to the added trauma of intrusion into the deceased’s finances, a parliament committee is set to hear today.
Pioneer and Exeter Friendly to launch single brand
Income protection and private medial insurance firms Pioneer and Exeter Friendly are set to combine under a single brand name.
Ferma backs law directive
Good risk management and internal control systems help companies go "faster, further and more safely" and businesses should not be afraid of the 8th European Company Law Directive.
Insurers lined up to buy Danish bank
A consortium - including insurers - has agreed a deal to buy Danish bank FIH Erhvervsbank A/S for DKK 5.0bn.
Insurers lined up to buy Danish bank
A consortium - including insurers - has agreed a deal to buy Danish bank FIH Erhvervsbank A/S for DKK 5.0bn.
St Mary launches new PI offering
St Mary Underwriting has launched a new facility for solicitors’ professional indemnity insurance aimed at small- to medium-sized solicitor firms.