Insurer
Ocaso retains A+ rating
AM Best has affirmed the financial strength rating of Ocaso Seguros y Reaseguros.
Ocaso retains A+ rating
AM Best has affirmed the financial strength rating of Ocaso Seguros y Reaseguros.
Ex Co-op MD joins RBSI senior team
Royal Bank of Scotland Insurance has appointed John Reizenstein as its new finance director, subject to regulatory approval.
RSA improves arson risk model
RSA has replaced its geographic risk assessment tool with a model that aims to more accurately determine the risk of arson for individual commercial and residential properties.
AA calls for government to resist spending cuts on flood defences
AA Insurance is urging the government to resist any temptation to cut spending on flood defences in its autumn comprehensive spending review.
Gable doubles GWP
Gable Holdings has produced gross written premium of £8.63m (H1 2009: £4.0m) for the six months ended 30 June 2010.
Gable doubles GWP
Gable Holdings has produced gross written premium of £8.63m (H1 2009: £4.0m) for the six months ended 30 June 2010.
QBE “delighted” at lack of FOS complaints
John Neal, chief underwriting officer, QBE European Operations has revealed the firm’s delight at being at the bottom end of the Financial Ombudsman Service's complaints table.
Brit global markets unit promotes trio
Brit Insurance has made new appointments within its global markets strategic business unit.
Quinn UK ban ‘positive’ for prospective buyers
The decision not to allow Quinn Insurance to re-enter the UK commercial lines market is a positive step for its potential sale and the rest of the UK market, according to observers.
Postscript - 30 years ago: Conservative donations from insurers
Looking through Post's back catalogue paints a unique picture of more than 150 years of insurance news, as this highlight from 30 years ago reveals.
Postscript - 20 years ago: Fraudulent claims need handling
Looking through Post's back catalogue paints a unique picture of more than 150 years of insurance news, as this highlight from 20 years ago reveals.
Postscript - 10 years ago: CIS justifies status to government
Looking through Post's back catalogue paints a unique picture of more than 150 years of insurance news, as this highlight from 10 years ago reveals.
Postscript - five years ago: Brit pleased by Ashes success
Looking through Post's back catalogue paints a unique picture of more than 150 years of insurance news, as this highlight from 5 years ago reveals.
New members strengthen advisory council
The prospect of problematic personal injury cases being resolved by mediation has been bolstered by the backing of two industry heavyweights. Representatives from insurer Aviva and personal injury solicitors Thompsons are among the latest to join Trust…
Government set to give go-ahead to draft law reform bill
The government appears to have given the 'green light' to the draft bill on consumer insurance law reform, according to law commissioner David Hertzell. This could take effect as early as next year, he said, which is "two years ahead of when we would…
Ecclesiastical turns focus onto core UK business
Ecclesiastical intends to focus on developing its core UK business, having opted to close its London market operation.
Career development & CSR news: Minty freshens up CII ethics training course
The Chartered Insurance Institute has launched an online ethics course for all Personal Finance Society and CII members in a drive for greater professionalism.
Career development & CSR news: Graham High's rugby ground cycle tour raises £20k
The Graham High Group was headline sponsor of a recent charity cycle ride that visited all of the 2009 premiership rugby grounds.
Industry called on to agree fraud benchmark
Assessing fraud exposure against competitors is the benchmarking 'holy grail' for insurers but, as yet, no common means for comparison has been found.
Editor's comment: Chartis an unlikely saviour
With businesses warned only last week against complacency following another high-profile failure in the UK — this time social housing giant Connaught — news of being able to secure up to £10m in short-term loans from trade credit insurer Chartis will…
Rehab firms team up to prevent therapy drift
Rehab providers IPRS and Moving Minds have joined Forces to simultaneously address the physical and psychological needs of individuals in a move they believe will produce “very significant savings” in treatment costs for insurers and other funders.
Chartis to fill short-term lending gap for trade credit clients
Chartis is to begin lending up to £10m to its trade credit insurance claimants to compensate for a lack of short-term loans from traditional banking channels.
RSA backs prototypes in aim to double book
RSA is insuring ground-breaking technology prototypes in a bid to help it double its net written premium in renewable energy by 2015