Commercial
Sweet talk
Product recall
A wholesale fight is the way to go
It's interesting to see that most brokers see consolidation by the so-called 'super-brokers' as thei...
Swiftcover offers motor cover by text
Online insurer Swiftcover is offering motor insurance via text message.
Sirius reports revenue and profit rise
Sirius this morning reported total revenues increased 8% to £11.5m (H1 2005: £10.5m). Recurring revenues were up 13% to £4.6m (H1 2005: £4.1m), representing 40.2% of total revenues (H1 2005: 38.5%)
Unreliable modelling and aggregation could impact London Market
London market insurers are confident that they will deliver strong returns in 2006. But today’s risk environment casts a shadow of doubt over the outlook for 2006.
Howden reveals Towergate swoop for medical expansion
Broker Howden Medical Insurance Services has launched its first UK regional office in Leeds, with a team it acquired from Towergate.
Medicare moves underwriting business to Brit
MediCare International, an international health insurance provider, has moved its underwriting business to Brit Insurance Limited, a subsidiary of Brit Insurance Holdings PLC.
Oamps close to takeover deal
Big-ticket broker Oamps is likely to see the £284m takeover offer tabled for its parent company acce...
Johnston Park McAndrew awarded contract
Broker Johnston Park McAndrew has been awarded the contract to administer a scheme for professional ...
NU rolls out 6% fleet hikes
Norwich Union has started raising its fleet rates by an average of 6% as part of a year-on-year plan...
Insurer suspends project after lack of support
Brit Insurance has suspended plans for its reinsurance side car project. According to the Lloyd's an...
Ex-Airmic chair to head broker arm
Alexander Forbes has recruited the former head of Airmic to spearhead the broker's expansion into bi...
O'Roarke secures Liv Vic backing in top five push
The multi-line underwriting start-up headed by former Churchill managing director John O'Roarke - AB...
Analysts and rivals question NU move
With insurers' reserves dwindling and claims costs expected to rise even further, Norwich Union's de...
The turn of time
Trade Credit
XL announces exec moves
XL Capital has appointed chief executives for two of its business segments.
O’Roarke receives backing for ABC venture
Liverpool Victoria Friendly Society has acquired ABC Insurance Solutions, former Churchill boss John O’Roarke’s general insurance start-up.
AIG reappointed by Opodo
AIG Europe (UK) has been reappointed as travel insurance provider for Opodo.
Brit profits up in first half
Brit Insurance has announced its first six months' figures, reporting gross written premiums up 2.6% to £695.3m. Net earned premiums rose 16.0% to £522.2m (2005 H1: £450.0m) and profit before tax and foreign exchange movements on non-monetary items was …
CII and BIBA announce Autumn training programme
The Chartered Insurance Institute (CII) and the British Insurers Brokers' Association BIBA are joining forces again to offer an expanded Autumn regional training programme of 45 courses in 13 locations around the country.
NIG launches motor trade product on imarket
NIG claims it has become the first insurer to offer a Motor Trade product on imarket.
First City sets up regional UK base
FirstCity Partnership, the insurance and reinsurance advisory firm, is to open its first regional office in Manchester. The City of London-based company has recruited Peter Stevenson, a highly rated senior insurance professional from the Manchester…
ACLP to underwrite for Litigation Indemnity
Allianz Cornhill Legal Protection has signed contracts with professional services company Litigation Indemnity to underwrite commercial legal expenses policies for their clients.
Typhoon Saomai slams into China
Typhoon Saomai hit China on 10 August 2006, killing at least 100 people and causing widespread devas...