Insurance news
XL Insurance appoints new Chief Underwriting Officer, Global Specialty
XL Insurance, the global insurance operations of XL Capital Ltd, today announced the appointment of Neil Robertson as Chief Underwriting Officer for its Global...
Hannover RE : Wilhelm Zeller retires
Having led the Hannover Re Group for more than 13 years, Chief Executive Officer Wilhelm Zeller is retiring today as planned.
After graduating in business...
Pension complaints up 10%
Britons are becoming increasingly disgruntled over their pension plans, with the number of complaints received by The Pensions Advisory Service (TPAS) increasing by 10%...
Kwik Fit sales rise during battle of the sexes
On Monday Kwik Fit Insurance (KFI) enjoyed its second major sales day of the year by hosting a battle of the sexes.
KFI saw some...
THB Group : acquisition of Property Risk Management
THB, the specialist insurance, reinsurance and risk management business, has announced a new acquisition to enhance its risk management proposition.
Property Risk Management Limited ("PRM")...
Marsh launches professional indemnity insurance for construction firms
Marsh, the insurance broker and risk adviser, has launched a new project professional indemnity (PI) insurance facility for major construction projects.
Designed for projects...
ING To Cut 800 Jobs in the next 3 years
Dutch financial services company ING Groep NV (ING) said Wednesday it will cut 800 jobs over the next three years as part of a...
Aviva wins an award for its pioneering back-up service
Aviva is delighted to announce that, in conjunction with HCML, it has won the Employer Rehabilitation Initiative of the Year category at the 2009...
New services launched by Specialists in the Protection of Risks (SPR)
Risk engineering consultancy, Specialists in the Protection of Risks (SPR) has today launched a range of new services for brokers, insurers and reinsurers to...
MBIA rating has been downgraded by Moody’s
US-based bond insurer MBIA this week had its senior debt rating downgraded by Moody’s.
Moody’s Investors Service cut MBIA’s rating two notches from Ba1 to...
Lloyd’s confirms Michael Jackson exposure
Lloyd’s of London has confirmed that concert promoters insured Michael Jackson comeback tour with the market, but said losses resulting from Jackson’s death “are...
Are you covered from hosting parties damage ?
Greenbee Home Insurance has conducted a survey of over 2,000 adults and discovered that over a fifth (23%) of 18-24 year olds are wary...
Recession : CBI survey shows Insurance companies are the most optimistic
Many parts of the UK’s financial services sector expect business volumes to rise in the next quarter after 21 months of falls, while optimism...
BIBA to form the London Market Region Committee
The British Insurance Brokers’ Association (BIBA) has announced the formation of the BIBA London Market Region Committee (LMRC), which will represent its London market...
Hannover Re expects €25m Air France claims
Hannover Re expects to be hit with net damage claims of €25 million from the Air France plane crash earlier this month.
A spokesperson for...
ABI challenges FSA on Retail Distribution Review qualification issues
The Association of British Insurers (ABI) has responded to the Financial Services Authority’s (FSA’s) Consultation Paper on the Retail Distribution Review (RDR) by applauding...
Be careful about overseas driving
Motorists taking a road-trip overseas this summer should swot-up on the rules of the road in the countries they’re visiting, Sheila’s Wheels said this...
Recession has less impact for Munich RE
The recession has had little impacts on contracts due for renewal in July, Munich Re said this week.
The world’s largest reinsurer by premium income...
Insuring ships against piracy is becoming very costly
The cost of insuring ships against piracy has increased 1,900% since the start of the year, an insurance broker has revealed.
Marsh & McLennan blamed...
HRH The Duke of York gives keynote address at Lloyd’s New York City Dinner
Lord Levene, Chairman of Lloyd’s, last night hosted the second annual Lloyd’s New York City Dinner, with over 160 representatives from the US and...
Prev
