Insurer
Bermudian insurer in potential payout over Willis settlement
Bermudian (re)insurer XL may have to pay out up to $50m to cover E&O insurance costs for Willis' settlement with CNA, Reinsurance has learned.
Pick of the week
Comparison Consortium loses two key members; Legal and General to re-enter motor market; Aviva’s John Kitson will never return to financial services; Clampdown on IPT proves costly for some insurers; Apil withdraws from mediation of fixed costs
JLT, Beazley team up for E&O program
JLT and Beazley expanding to offer consultant’s E&O program to additional classes of business.
Open GI widens development director board role
David Kelly handed responsibility for insurer partnerships
Government to get even tougher on uninsured driving with new measures
Road Safety Minister Paul Clark unveils proposal to make it an offence to keep an uninsured vehicle.
Showing its teeth
Contrary to predictions, one of the first major judgments to consider the issue of 'desirable activity' has arisen in the employer context. Paula Jefferson explains.
Ironshore establishes energy casualty unit
Bermudian (re)insurer establishes energy casualty division
QBE completes another acquisition
Insurance group in US swoop.
Moody's assigns ratings to Abu Dhabi insurer
Moody's Investors Service has today assigned a first-time insurance financial strength rating (IFSR) of A3 to Al-Ain Ahlia Insurance Co, which is based in Abu Dhabi in the United Arab Emirates.
Post launches new series of live webinars for the insurance industry
Take part in Post's latest series of live webinars addressing the key strategic areas of change, the customer and creativity.
ABI claims FOS complaints data risks misleading consumers
The ABI has produced its own table showing complaints in context of overall quality of type of policy.
Ombudsman publishes complaints data on insurers
The ombudsman upheld 70% of general insurance complaints.
Quinn warns construction industry against dangers of underinsuring
Insurer warns diversifyng businesses to check policy coverage.
80% of insurer execs expect drop in UK insurer numbers unless government takes action
ABI director general Stephen Haddrill outlines proposals to boost competitiveness.
RSA said to be 'considering' large acquisitions
RSA is said to be considering large acquisitions, the Financial Times has reported.
Heath Lambert forges links with First Senior Group
First Senior Group to offer specialist insurance products to its members.
Groupama launches low cost legal cover for SMEs
Insurer to provide low cost cover.
RSA launches solar energy insurance product
Insurer expands renewables proposition.
Plum launches online MNW quote and buy insurance facility
Website claims to 'dramatically shorten' traditional process.
Dual develops new wordings for investment managers
Executive chairman Kilpatrick says the product is evolving to meet clients' needs.
Helphire reveals extent of AA/Saga contract loss
Credit hire firm, however, buoyed by two contract renewals.
Arista recruit senior liability head
Charles Earle said Neil Hammond was "critical" for its future.
Former head of AIG's financial products unit may be indicted for securities fraud
According to reports, US prosecutors are considering indicting Joseph Cassano for securities fraud.