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Rubicon backs new entrant
UK-based outsourcing specialist Rubicon has won the contract to administer policies for new Irish he...
Appointment at Chaucer Syndicates
Chaucer Syndicates has appointed Nigel Malcolm to underwrite the institutional healthcare account fo...
Junction is still looking for tenders
Affinity specialist Junction has rejected claims it is no longer able to tender for business and tha...
FSCS declares insurance brokers in default
The Financial Services Compensation Scheme has today declared 20 firms in default, including a number of insurance brokers.
Lloyd's Names' profits attributed to low 02/03 claims forecast
The Association of Lloyd's Members‘ Lloyd’s Results Summary’ has forecasts that individual members of Lloyd’s - Names - may make pure year profits of 20% of capacity in each of 2002 and 2003 - significantly greater than Lloyd’s average.
AA warns of stealth tax for motor insurance
The AA has warned that government proposals to charge drivers every time the Fire Service attends road traffic accidents could bump up the social costs of car insurance premiums to around £70.
McMullan joins Heath Lambert
Heath Lambert Group, Europe’s largest independent insurance and reinsurance broker has announced the appointment of Ian McMullan as director of Heath Lambert Financial and Professional Risks.
Final verdict in WTC trial
The jury in the World Trade Center (WTC) trial in New York has delivered a final verdict.
Admiral brings in Merrill Lynch for float
Admiral today announced that Merrill Lynch International has been appointed as global co-ordinator, bookrunner and sponsor in relation to the proposed share offering and that Citigroup has been appointed as joint lead manager.
Partial verdict in WTC trial
After almost ten days of deliberations the jury in the ongoing World Trade Centre (WTC) trial has delivered a partial verdict on the case.
Swinton profits increase to over £15m
High street broker Swinton has announced profits before tax of £15.1m for the year ending December 31st 2003, against £4.8m in 2002, a rise of 215%.
Lloyd's broker sells non core arm
Lloyd’s broker RFIB Group has agreed terms to sell its pensions and benefits consultancy business to FPS Group Limited.
Saga sees 32% growth in insurance arm
Saga has recorded profit before tax of £81.6m (up 62.5%) on turnover of £382.7m in the 12 months to 31 January 2004. The group’s insurance and financial services division, Saga’s largest contributor to earnings, accounted for 89.1% of total group profit…
DLA merges insurance and M&A teams
Law firms DLA has restructured its insurance team, combining it with the specialist M&A department, in a bid to take advantage of the growth in the company run-off markets.
Fortis hits back at UK sale talk
Banking and insurance group Fortis has hit out at speculation that it is considering a sale of its U...
Zurich and Broker Direct to work together
Zurich and Broker Direct are working together to offer Broker Direct's motor insurance in Northern I...
The ABI welcomes ruling
The Association of British Insurers has welcomed the Office of Fair Trading's ruling that the agreem...
Making a steal on total loss
Insurers should not neglect to provide replacement vehicles after theft, says Don Moore
Top football clubs risk multi-million-pound pay-outs
Top football clubs are risking multi-million-pound pay-outs as insurers refuse to cover players who ...
Parents eye study-abroad programmes
Parents are eyeing study-abroad programmes with greater scrutiny to ensure their children avoid pote...
PO victory raises capacity question
Affinity specialist Junction's successful tender for the Post Office motor insurance account may hav...
Motor dealers
Last week, on its website, www.postmagazine.co.uk, Post Magazine posed the question: Will motor deal...
What the papers said this week
Daily Mail The former chief executive of Cox Insurance has left with a pay-off of £391,000 from the...
Exaggerated claim receives nominal damages
Hussein v William Hill Group (Queen's Bench Division - 18 February 2004)