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Gulf Re ratings affirmed by AM Best

A.M. Best Co. has affirmed the financial strength rating of A- (Excellent) and issuer credit rating of "a-" of Gulf Reinsurance Limited (Gulf Re) (United Arab Emirates). The outlook for both ratings is stable.

UIB expands aviation team

International broker United Insurance Brokers (UIB) today announced the appointment of Steve Bradley and Gwyn Derrick as Divisional Directors to the Aviation team, based in the London head office.

Aviation duo joins UIB

United Insurance Brokers has appointed Steve Bradley and Gwyn Derrick as divisional directors to the aviation team, based in the London head office.

New national-scale flood risk model launched

Flood risk assessment company Ambiental has launched a new method of flood modelling and mapping to create more detailed and accurate national-scale flood risk data.

Hole lands Plum job

Specialist household insurance provider Plum Underwriting has appointed David Hole as claims manager.

DAS makes way for Lawclub Legal in QBE deal

QBE's Motor division has replaced DAS with Lawclub Legal Protection in order to consolidate and enhance the legal expenses and uninsured loss recovery (ULR) cover it provides to its motor policyholders.

QBE motor arm dumps DAS in legal expenses shake up

As part of the continuing development of its motor portfolio offering, QBE's motor division has formed a legal expenses partnership with Lawclub Legal Protection in order to consolidate and enhance the legal expenses and uninsured loss recovery cover it…

Amlin recruits senior restructuring and integration expert

Amlin has appointed Andrew Grant as group operations officer, reporting to chief executive, Charles Philipps. In this new role, the insurer said he will be responsible for overseeing operational governance standards across the group and for ensuring that…

Fitch changes Fortis rating watch to positive

Fitch Ratings has changed the rating watch on the long-term issuer default ratings of the five Fortis holding companies - Fortis SA/NV, Fortis NV, Fortis Brussels, Fortis Utrecht and Fortis Insurance NV - to positive from evolving.

MP claimed expenses for insured water damage

In the latest round of exposures about MPs expenses it was today revealed that Labour MP Ruth Kelly claimed thousands of pounds in expenses to pay for damage caused to her home by flooding, although at the time she had a building insurance policy.

Mondial sales rise

Mondial Assistance has reported sales of EUR1.597bn (£1.41bn) for 2008, an increase of 8.6% at a con...

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