Personal

Hurricane losses will not push rates up

The current predicted level of losses from the 2004 hurricane season may not be enough to reverse the current trend of declining insurance rates in the UK, according to Aon.

RSA confirms 1200 jobs to go to India

Royal & Sun Alliance has today confirmed plans to transfer 1200 jobs to INdia over the next two years, as predicted by Post Magazine last week (RSA tipped to join offshore elite, PM 7 October). The insurer's shares rose on the news standing at 77 pence…

Highway cancels renewals practice

Motor insurer Highway has told its network of brokers that it is to automatically lapse policies unless brokers make contact within the month before policy renewal is due.

Up the garden path

More and more people are holding events in their own gardens. Jane Coppard urges the industry to clarify its stance towards such activities or run the risk of a liability gap

Buried treasure

A company that undertakes deep-sea salvage operations on behalf of marine insurers has announced its...

Dado enlisted to European role at CMGL

The Claims Management Group (CMGL) has appointed Frank Dado as European claims manager. Mr Dado will be based in The Hague and will be responsible for CMGL’s claims operations in the Netherlands, France, Germany, Norway, Denmark and Sweden.

Endurance Re takes on XL Re surety business

Endurance Specialty’s U.S. subsidiary, Endurance Reinsurance will acquire the majority of XL Re America's surety reinsurance business, it has been announced. Endurance Re will acquire the majority of XL Re's surety reinsurance business on a prospective…

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