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Arc Legal : e-Underwriting family and landlord legal expenses schemes
Arc Legal Assistance has secured two legal expenses schemes for e-Underwriting, the new division of OIM Underwriting Limited, to provide cover as part of...
Partnership : Aon Benfield team up with Ambiental
Aon Benfield has expanded its Aon Benfield Research academic and industry research collaboration with new partner Ambiental to enhance the firm’s flood model development...
Overall EMEA M&A down in the first two quarters, but certain European markets resilient
According to the half-year 2012 edition of EMEA Deal Drivers, the first two quarters of 2012 closed with 2,307 announced deals worth €269bn in...
AXA : business crime figures creep upwards as British economy remains squeezed
The latest Business Crime Index from AXA Commercial Lines and Personal Intermediary shows levels of crime committed against businesses in the UK have grown...
IFB : new intelligence sharing agreement with VOSA
The Insurance Fraud Bureau (IFB) has signed a new intelligence sharing agreement with the Government’s Vehicle and Operator Services Agency (VOSA).
VOSA – responsible for...
A.M. Best Affirms Ratings of Electrical Contractors’ Insurance Company Limited
A.M. Best has affirmed the financial strength rating of A- (Excellent) and issuer credit rating of “a-” of ECIC saying the outlook for both...
IFB secures landmark ‘Crash for Cash’ prison sentence
An insurance fraudster who masterminded one of the UK’s biggest ‘crash for cash’ scams has received an unprecedented prison sentence of seven years and...
AGCS Solicitors’ Conference highlights key challenges facing the profession
Allianz Global Corporate & Specialty (AGCS) recently held its annual one-day conference at the British Museum for leading UK solicitors and their broker partners.
Many...
2011 cats trigger business interruption review at LMA
Last year’s major catastrophes have triggered a review by the Lloyd’s Market Association (LMA) of the way in which Contingent Business Interruption (CBI) cover...
S&P : affirmed Trust International Insurance & Reinsurance ‘BBB+’ rating then withdrew it at the company’s request
Standard & Poor's Ratings Services affirmed its long-term counterparty credit and insurer financial strength ratings on Bahrain-based Trust International Insurance & Reinsurance Co. B.S.C.(c)...
AIG : US Treasury to sell $5 billion of AIG shares
The US Treasury Department announced Friday it will sell $5 billion of its American International Group shares, with AIG lined up to buy up...
BIBA and Gleaming Wholesale launch new Cleaning Contractors scheme
The British Insurance Brokers’ Association (BIBA) has appointed Gleaming Wholesale, as the exclusive provider of its new Cleaning Contactors scheme which provides enhanced cover...
S&P : French mutual insurer La Mondiale ratings lowered to ‘BBB+’
Standard & Poor's Ratings Services lowered its insurer financial strength and long-term counterparty credit ratings on French mutual insurer La Mondiale to 'BBB+' from...
AXA / Societe Generale : first financial deal partnersip signed
Societe Generale and AXA announce the signing of their first Euro Private Placement for Sonepar within the context of the partnership between the bank...
RMS : innovates for the Expanded VITA Mortality Bond
Risk Management Solutions (RMS) today announced that it has conducted the expert risk analysis for Swiss Re Ltd’s sixth issuance of the mortality-linked catastrophe...
Aon : Manchester United’s business to business title sponsor
Aon and Manchester United, the world's most popular football club, have announced a new ground-breaking program that will harness the high levels of awareness...
Scotland : Financial services showcased at Scotland House
Scotland has a global reputation for financial services excellence, with the infrastructure and skilled workforce that can deliver success, the Finance Secretary will say...
Friends Life : announces their approach to the Retail Distribution Review
Friends Life today announces its approach to the Retail Distribution Review (RDR) and the measures being put in place to secure a smooth transition...
Iran expands oil tanker insurance because of EU sanctions
Iran is expanding a promise to insure shipments of its oil to include both Iranian and foreign tankers, in an effort to get around...
Zurich : on in ten SMEs I Britain has considered closing down
More than one in ten (11%) British small and medium-sized businesses (SMEs) say they have considered closing down in the last three months as...
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