Regulation
Max Specialty can write in California
Max Specialty, Bermudian (re)insurer Max Capital's excess and surplus lines insurer, has obtained approval to underwrite in the state of California.
Lacking demand for commission disclosure: IIB
The Institute of Insurance Brokers has said that there is virtually no demand for commission disclosure amongst certain businesses.
European safety campaign gets public supporter
Alliance Corporate Risk Management has thrown its support behind a Europe wide bid to improve risk assessment and injury prevention in the workplace, the company announced today, just before the launch of a major safety campaign.
Biba: Still no demand for mandatory disclosure
There is still no evidence that commercial insurance customers want mandatory commission disclosure, according to the British Insurance Brokers' Association.
Goshawk agrees to £45.7m takeover
Bermdian (re)insurer in run-off and owner of Rosemont Re, Goshawk has announced that it has reached agreement on the terms of a recommended cash offer to be made by Enstar Acquisitions for the entire issued share capital of the London-listed firm.
SCA firms downgraded again, outlook still negative
Ratings agency Moody's has downgraded the insurance financial strength ratings of financial guarantee (re)insurers XL Capital Assurance (XLCA), XL Capital Assurance (UK) and XL Financial Assurance (XLFA) to B2, from A3. The outlook is negative.
CEA elects president
Tommy Persson was elected president of the CEA, the European insurance and reinsurance federation, a...
ABI raises concern over consumer law reform
The Association of British Insurers has opposed proposals to ramp up insurance contract law at the e...
CII name change mooted after Antipodean merger
The Chartered Insurance Institute is poised to merge with its Australian counterpart, marking a mile...
Safety gong for Cunningham
Cunningham Lindsey UK has won a Royal Society for the Prevention of Accidents Occupational Health an...
Joe Henderson and Paul Deakin - Long live the client kings
Already named as one of the fastest growing companies in the Profit Track 100 league table, Henderson has continued to catapult itself as a player to be reckoned with. However, chief executive officer Joe Henderson fully understands the importance of…
The ego and the ID
ID Fraud
Appointment at FSSC
Former Financial Services Authority chief executive officer John Tiner is to join the board of the F...
New flood action called for
Half-a-million homes could become uninsurable unless the government takes action on flooding, the As...
Lobbying - Period of high pressure
Climate Change
Insurer league table will 'oversimplify matters'
The Association of Insurance and Risk Managers has rejected the notion of producing a league table o...
Risky pursuit stance changes
A recent Court of Appeal decision has indicated a change of heart towards people who injure themselv...
Airmic 2008: ERM benefits shown for first time
Enterprise Risk Management can be shown to significantly reduce the net risk exposure of organisations and to support improved decision making, according to the findings of a major study commissioned by the Association of Insurance and Risk Managers…
MGIC enters into $50bn reinsurance agreement with HCC affiliate
Mortgage Guaranty Insurance Corporation (MGIC), has acquired up to $50bn of reinsurance from an affiliate of HCC Insurance Holdings, the company said in a statement.
CII manager appointed MBE
Peter Hutchinson, special projects manager at the Chartered Insurance Institute, has been appointed an MBE in the 2008 Queen’s Birthday Honours List for services to the insurance industry and to charity.
Marsh appoints risk management head
Marsh has appointed George Davies to be head of its risk management practice in the UK.
JLT Re announces HWS purchase, excluding Harman Kemp US arm
As revealed by Reinsurance magazine on 21st May , broker JLT has acquired HWS Holdings, with two of it two Lloyd’s Broker subsidiaries Harman Wicks & Swayne, the London based reinsurance broker, and Harman Wicks & Swayne International.
JLT in £8.75m Lloyd's broker swoop
Jardine Lloyd Thompson has acquired HWS Holdings, with its two Lloyd’s Broker subsidiaries Harman Wicks and Swayne, the London based reinsurance broker and Harman Wicks and Swayne International, a wholesale provider of small to medium sized enterprise…
CEA elects new president
Tommy Persson has been elected president of the CEA, the European insurance and reinsurance federation, at the federation’s general assembly in Berlin today.