Insurer
Heath Lambert to cut jobs in London move
Heath Lambert is to move part of its risk processing operation from Swindon to its London headquarters.
Cooper Gay opens Alabama office
Cooper Gay Group has opened a new office in Birmingham, Alabama, to complement an already existing wholesale insurance network in North America.
Dramatic rise in absence figures
Workplace absence has increased for the first time in five years, according to a recent report. A s...
Smart and Cook swoops for two brokers
Smart and Cook has made two new acquisitions, taking its current total this year to five.
Lloyd's management receive substantial bonuses
Lloyd's of London increased chief executive officer Nick Prettejohn's pay by 33% in 2003, as profits more than doubled.
PartnerRe authorises share repurchase
PartnerRe has announced that its Board of Directors has approved the company’s repurchase authorisation for a total of up to 5 million common shares.
RSA announces three-year charity partnership with Samaritans
Royal & SunAlliance has announced a donation of £750 000 to The Samaritans – the emotional support charity – as part of its ongoing commitment to the education and welfare of young people in the UK.
NIG set to snap up Congregational & General business
Congregational & General Insurance has announced it in final negotiations to transfer the renewal rights of its general commercial book of business to NIG.
Levene predicts Spanish premium growth
Lloyd's has announced the appointment of David Battman as Consejero Delegado (Managing Director) of Lloyd’s España, its first full-time representative in the Spanish market.
New business rises for Aviva
Aviva said its profit margin climbed in the first quarter as new business rose 1% on improving sales in the UK and continental Europe.
New look for Groupama launched
Groupama Insurances will adopt a brand new logo and corporate style from 1 May.
Willis reports modest rate increases in some lines
International broker Willis today reported that revenues grew 20% to $665m (with 9% organic growth) during the first three months of 2004. Net income for the quarter ended 31 March 31was $148m, or $0.87, compared with $117m, a year ago.
Admiral confirms flotation plan as profits hit £71.2m
Motor insurer the Admiral Group, which today reported an increase in profits to £71.2m for 2003 — a rise of 29% on 2002, has confirmed plans to seek a Stock Exchange listing this autumn.
Levene warns of "new era" of risk
Business leaders have been urged to put risk management at the heart of the boardroom agenda by Lord Levene, chairman of Lloyd’s.
Layton Blackham Partnership reveals possible sale
Broker network the Layton Blackham Partnership has revealed that negotiations are underway for the sale of a book of business to its new company, Chambers and Newman.
Global reinsurance market outlook still negative, says S&P
Standard & Poor’s (S&P) has published a new report that states that the ratings outlook for the global reinsurance market remains negative.
Heath announces senior shake up
Heath Lambert Group has today announced a number of senior promotions within three of the its key operations.
Clinicare announces gross premiums of £30.7m
Medical insurer, Clinicare, has announced its results for 2003 with gross written premiums up 8% to £30.7m.
Zurich announces profit-generating strategy
Zurich has targeted four market segments to provide profitable growth in its general insurance division for 2004 and beyond.
Rubicon to double call centre staff
Insurance outsourcing specialist Rubicon has launched a major recruitment drive to double the staff ...
Biba appoints regulation and compliance manager
The British Insurance Brokers’ Association has appointed Steve White to head up a new facility for brokers, as regulation and compliance manager.
Non-executive director appointed for ACE INA UK
ACE European Group has appointed Davida Marston as non-executive director of its UK registered company ACE INA UK.
Hiddleston to retire from RBS Insurance
RBS Insurance has announced that David Hiddleston, the former development director of Churchill, is to retire at the end of April.
Willis Commerical Network reaches milestone
The Willis Commercial Network, a partnership between the Willis Group brokerage and local, independent brokers, has signed up its 60th member – Leicester-based Martin Bown & Co.