Regulation
Appointment at Beazley Group
Recruitment
Swiss springs forward
Despite Swiss Re posting healthy results for 2004, the firm's chief economist, Thomas Hess, believes the reinsurance industry is still some way from good health
Is Bermuda going regulation mad?
Bermuda
Liquidators in at Whiteley Insurance Consultants
The High Court in London has appointed provisional liquidators Dan Schwarzmann and Nicholas Reed of Pricewaterhouse Coopers LLP to Whiteley Insurance Consultants (Whiteley), a firm of travel insurance intermediaries which also trades as Kingfisher Travel…
Utley to take Cox private after £297.9m deal agreed
The buyout of Cox lead by former managing director Neil Utley has been accepted by the insurer's board and he has confirmed plans to take the company private. The offer of 92p in cash for each Cox share values the existing issued share capital of Cox at…
Market given two weeks' notice for reform challenge
A blueprint to help London market firms meet the Financial Services Authority’s (FSA) deadline for delivering contract certainty by the end of 2006 was issued by the reform leaders of the London insurance market today.
Practise what you preach
Religious Discrimination
CII forum will emphasise FSA training needs
Meeting the Financial Services Authority training and competence requirements, without bankrupting t...
Firms unite for London market training push
Navigant Consulting has teamed up with Absolutely Training to launch a new internet-based training s...
Financial Services visits end 2005
News in brief
Turbulence ahead
Aviation
Corporate Bill will not result in EL blacklist
Some of the recent comments regarding corporate manslaughter worries are, in my opinion, misleading ...
VAT fears spark summit
Loss adjusters with panel agreements could incur huge tax bills as a review by HM Revenues and Custo...
Medical association to start trials
News in brief
Equitas contests instability claims
Equitas has hit back at claims that an asbestos-related lawsuit in the US could destabilise the mark...
AMG continues to diversify with new arm
Loss adjuster Ashworth Mairs Group has given its diversification strategy another push by launching ...
FSA appoints enforcement director
The Financial Services Authority (FSA) has appointed Margaret Cole, partner in the London office of the international law firm White & Case, as its new director of enforcement.
AM Best issues report on 2004 US P/C industry
The US property/casualty industry reported improved operating results in 2004 for the second straight year, but for the first time since 1978, underwriting results were profitable, with a combined ratio of 97.9, according to a new report released by AM…
CII to increase number of chartered titleholders
The Chartered Insurance Institute is embarking on a campaign to increase the number of chartered titleholders by writing to 7,000 eligible Associate and Fellow members, in readiness for the launch of a new online directory in June.
NU in seven-day pledge
Norwich Union has launched a product to enable car dealers to provide seven days’ free comprehensive motor insurance to customers.
ABI urges reform of FSA enforcement procedures
The ABI (Association of British Insurers) has urged the Financial Services Authority (FSA) to improve its enforcement procedures so that they provide "greater transparency, objectivity and certainty".
Ex-Skandia chief takes reigns at Abbey Insurance
Abbey has appointedof Paul Bradshaw as chief executive of its insurance and asset management division. Subject to FSA approval, he will join the company on 25 April and will sit on the bank's executive committee.