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Coface places 47 countries on negative watch
Coface has reported that the credit crisis, which entered its second phase in the fourth quarter of 2008, is worsening in all areas.
Dual Manchester office drives profits
Dual Corporate Risks has claimed that it has seen a 20% premium increase from regional brokers since the establishment of it national business unit six months ago.
Aspen net income rises 13%
Aspen Insurance Holdings has reported a rise of almost 13% to $91.4m (Q1 2008: $81.2m) in net income for the first quarter.
Brokers demanding more for HNW clients, says AIG
Brokers servicing high-net-worth customers are demanding not only a better service from insurers but also a wider range of cover according to research by AIG UK.
Max Capital: Validus lawsuit has no merit
Bermudian (re)insurer Max Capital has said that the lawsuit filed against it by island rival Validus as having "no merit".
Investment income sends Scor Q1 net income down 30%
Scor, the French reinsurance giant, said that net income for the first three months of the year dropped 30% to €93m, down from €133m.
Munich Re books in monster profit after dumping part of Admiral stake
Munich Re, the German reinsurance giant, said it will add €107m in the second quarter of the year after reducing its stake in UK motor insurer Admiral.
Everest Re Q1 net income rises on debt repurchase gains
Everest Re, the Bermudian (re)insurer, said that first quarter net income rose to $108.6m, down from $77.9m this time last year.
Forex losses help Renaissance Re to Q1 loss
Renaissance Re, the Bermudian (re)insurer, said that net income for the first quarter of the year fell to $97.3m, down from $137.2m in the same period of the year, driven down by exchange rate losses.
Aspen Q1 net income up 13%
Aspen Insurance Holdings, the Bermudian (re)insurer, said that first quarter net income rose nearly 13% to $91.4m, up from $81.2m.
Swine Flu: World Health Organisation raises alert level to five
The World Health Organisation has raised the alert level for swine flu to five - one short of what would be a pandemic.
Legal & General improves underwriting for IP
Legal & General has improved its underwriting criteria for people taking out income protection, making it easier and quicker to get 'on risk'. Fewer applications will now require medical evidence such as GP reports, making it more likely that an…
PI reform 2010 delay
Implementation of the long-awaited Ministry of Justice personal injury reform has been delayed until...
Top five Post stories
The top five most popular stories on postonline.co.uk over the last week were: 1. RSA cuts 500 jobs...
Pick of the week
Senior reporter Sarah Hills looks at the major news stories in the week's Post: Kwik Fit eyes acquisi...
WNS hands out body shop awards
Repairer Corby Car Care came out top in the recent WNS Assistance body shop awards. Smart Car UK of...
Survey: 37% would steal info
A survey of office workers in the financial district of London has found that over a third (37%) wou...
Tax breaks needed to ensure a competitive future
Almost nine in 10 (87%) of managers in the insurance sector think the government should provide tax ...
Evidence rules shake-up
Law Commission proposals on the admissibility of expert evidence will have a major impact on fraud i...
Appointment at Belfor
Disaster management firm Belfor has recruited Neil Healy as operations manager with responsibility...
LFC acquires Roundhouse
LFC Insurance has acquired Essex-based commercial intermediary Roundhouse Insurance Brokers, and has...
Appointment at Colemont
Colemont has appointed Reinaldo Iragorri as chief executive officer of Colemont Miami Aviation. He...
Appointment at Equity Red Star
Equity Red Star has appointed Dawn Illing to the new role of product development manager. She will...