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Defacto’s star ratings bashed by AMII
The medical insurance world has not responded well to Defacto's new private medical insurance (PMI) star rating system, with the Association of Medical Insurance...
Leeds and London have most theft in UK
If you live in Leeds or London, lock your doors.
A new study by insurance comparison website moneysupermarket.com has revealed Leeds and London are the...
Allianz and Evolution extend partnership until 2016
Allianz and Evolution Underwriting will continue to work together for the next five years after extending their arrangements until at least 2016, Evolution said...
British Property Federation joins flood debate
The British Property Federation (BPF) has added it's opinion to the flood cover debate, saying the issue could “sink the economy”.
The BPF made the...
Why are insurance prices on the rise?
Insurance prices are jumping more and more every year and insurance companies always give the same reason – they're doing it tough just like...
AA warns government of “uninsurable” homes
The AA has responded to a Public Accounts Committee report published today (Tuesday 31 January), warning the government that if they don't act now...
Standard and Poor’s downgrading insurers
Standard and Poor's have taken negative movements on the ratings of at least four major insurance groups this weekend, painting a bleak picture for...
Europe Assistance to leave group
Europe Assistance has announced the intention to become an independent entity after an agreement was reached for a management buy out.
The company will continue...
IFA Solution : prepare for a 50% rise in professional indemnity
Independent financial advisors should prepare for rises of 50 per cent – or even more - on their professional indemnity insurance, according to a...
CVV completes first 2012 acquisitions
Insurance intermediary group CVV have completed their first two acquisitions of 2012.
In the deals Lyon Insurance Services, a specialist insurance provider for guest houses,...
Qualification the word in private medical insurance sector
The Association of Medical Insurance Intermediaries (AMII) announced growing popularity for their CII/AMII IF7 exam, supporting the idea that qualification is becoming hot property...
Zurich reports fourth qtr nat cat losses
Zurich Insurance has given their latest estimate of fourth quarter losses relating to the natural disasters for last year. The Thailand floods and New...
FSA warns successors before handover
The Financial Services Authority today outlined the need for a new regulatory approach for when successor bodies take over.
With just over a year to...
Markel expands European presence with German deal
Markel International has signed a joint venture with Munich based Anglo Underwriting to further expand its already rapidly growing market position.
The deal sees Markel...
Manchester Cathedral latest targeted in metal theft
Manchester Cathedral has been the latest church affected by the growing issue of metal theft, with a cross worth £2,500 taken from one of...
Legal & General : 6 Year Growth Deposit Bond 12 launched
Legal & General has launched the twelfth product in its long running series of structured deposit bonds, which commenced in May 2010.
The new product,...
Barbican makes second takeover big for Omega
Barbican Insurance has made a new takeover bid for rival Omega Insurance, four months after backing away from the deal.
In a letter sent to...
NIG to underwrite for Event Insurance
Commercial insurance specialist NIG has won a contract to underwrite for Event Insurance Services (EIS), giving them insurance access to the Olympics and Diamond...
S&P unimpressed with ING restructure
Standard and Poor's have downgraded ING Life Insurance, after a restructure of the company. ING's financial strength and counterparty credit ratings were lowered to...
S&P : Euler ratings withdrawl
Standard and Poor's has removed it's 'AA-' rating on France-based insurance group Euler Hermes, after the group restructured. In the move, the company merged...
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