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UIB : innovates with Elite capacity
International (re)insurance broker UIB is planning a renewed assault on the UK solicitors’ professional indemnity (PI) market after re-signing a binding authority capacity deal...
Aon Benfield : insurers face minimum $4bn payout from May U.S. storm damage
Impact Forecasting releases the latest edition of its monthly Global Catastrophe Recap report, which reviews the natural disaster perils that occurred worldwide during May...
Fitch Ratings : affirms Brit Insurance Holdings B.V.’s IDR at ‘BBB+’; Outlook Stable
Fitch Ratings has affirmed Brit Insurance Holdings B.V.'s Long-term Issuer Default Rating (IDR) at 'BBB+' with a Stable Outlook and its subordinated notes at...
Fitch Ratings : Affirms SCOR at ‘A+’; Outlook Stable
Fitch Ratings has affirmed SCOR's Long-term Issuer Default Rating (IDR) and Insurer Financial Strength (IFS) ratings at 'A'+. Fitch has simultaneously affirmed SCOR's junior...
APC : lifts limits to quote up to £50m risks online
Commercial insurance underwriting agency, APC, has increased the limits on the majority of its public and products liability risks to £10m and property risks...
LPFA welcomes new findings on pension fund fees
The London Pensions Fund Authority has welcomed the findings of new research into local authority pension funds, which shows that LGPS funds could be...
CFC : cyber crime costing small businesses hundreds of millions
According to figures announced yesterday by the Federation of Small Businesses (FSB), SMEs are now regularly falling victim to cyber crime, costing them nearly...
TEn achieves Chartered Status and welcomes new non-executive director to the board
TEn Insurance, the network for independent commercial brokers, today announces that it has been awarded Chartered Status by the Chartered Insurance Institute (CII).
John Rusby,...
Brandon Lewis MP calls for pensions review
Brandon Lewis, Minister for Local Government, issued a call for evidence on the future shape and size of local government pension funds.
Speaking at the...
Aria Assistance : gains CQC registration
Aria Assistance, which provides emergency assistance services to travellers across the globe, has achieved Care Quality Commission (CQC) registration for two of its...
CFC takes on cyber crime with the launch of its new cyber policy at BIBA
Specialist lines underwriting agency, CFC has announced the launch of its latest cyber policy, CPM. Based on over 13 years experience of insuring against...
AIR Worldwide : Tornadoes Touch Down in North Texas
The Storm Prediction Center (SPC) reported that three tornadoes touched down west of Dallas-Fort Worth Wednesday evening. According to catastrophe modeling firm AIR Worldwide,...
IFB appointments Danny King as Development Manager
The Insurance Fraud Bureau (IFB) is targeting further growth in its customer base having appointed a new Business Development Manager, Danny King.
A former Strategic...
Fitch Ratings : Upgrades Amlin Europe’s IFS to ‘A+’, Affirms Amlin AG’s IFS at ‘A+’
Fitch Ratings has upgraded Amlin Europe N.V.'s (AE) Insurer Financial Strength (IFS) rating to 'A+'. The Outlook is Stable. Fitch has also affirmed Amlin...
Tradewise signed-up as a new member of the Insurance Fraud Bureau
Tradewise claims and policy data will be added to the 130 million insurance records interrogated by IFB analysts on a daily basis to identify...
QBE : European businesses look to emerging markets to outpace slow European recovery
Research by QBE involving over 500 companies across the UK, France, Germany, Italy and Spain reveals that 66% of businesses are planning to increase...
IFB : John O’Roarke appointed as Chairman
John O’Roarke, Managing Director of General Insurance at LV=, has been appointed as the new Chairman of the Insurance Fraud Bureau (IFB).
O’Roarke, a current...
Capita Insurance Services : Unique MGA Investment and 5 Year Business Process
Capita Insurance Services announces it has concluded a transaction to finance the start up of Cobalt Underwriting Services Limited (Cobalt), a Managing General Agent...
Fitch Ratings : Affirms AXA Entities’ IFS at ‘AA-‘; Outlook Negative
Fitch Ratings has affirmed all AXA entities' Insurer Financial Strength (IFS) ratings at 'AA-'. Fitch has also affirmed AXA SA's Long-term Issuer Default Rating...
Social media to transform insurance underwriting
Searching Facebook and other social network pages of customers has become a frequent practice on the claims side of the insurance business.
Especially in the...
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