Insurer
RSA chairman slams Obama's "anti-British rhetoric" over BP
Barack Obama has been labelled anti-British for his attack on BP in an open letter from John Napier, chairman of RSA.
Brit shares up 20% following private equity approach
Brit Insurance's shares have shot up in value in the first two and a half hours of trading this morning to 881 pence.
RSA SME boss Norgrove to move to Travelers
Ken Norgrove, director of small to medium sized enterprise (SME) business and chief executive of group renewable energy at RSA, is to return to Ireland to take a role at Travelers.
PB Week: World Cup time
On Friday it is the start of the World Cup and some industry pundits give their verdict on who is going to win in the latest PB Week.
Directors leave Quinn Group
Five directors have left the board of Quinn Group (ROI) in a move that could pave the way for the Quinn family to acquire Quinn Insurance, according to reports.
Middle departs from Axa
Anthony Middle has left Axa, where he is managing director, commercial lines, to join Aviva in the role of strategic partnership director. He is on six months 'gardening' leave.
Survey shows employee absence costs UK economy £17bn
Employees took 180 million sick days last year, averaging 6.4 days each, according to the latest CBI/Pfizer Absence and Workplace Health Survey.
Argo raids CNA for claims chief
Argo International, a specialist Lloyd’s insurer and subsidiary of Argo Group International Holdings, has appointed Ruth Roberts as head of claims.
Cobra Network appoints Home & Legacy
Cobra Network has announced the recruitment of Home & Legacy to provide additional mid and high net worth expertise to its insurance panel.
Equity Red Star launches over 50s PA policy
Equity Red Star has launched its ‘Over 50s Accident Plan’ to cater specifically for the over 50s sector.
World Cup insured for £6.2bn, says Lloyd's
The most watched sporting event in the world, the football World Cup, will be insured to the tune of an estimated £6.2bn when it kicks off in less than a week according to Lloyd’s.
Ace Global Markets appoints head of aviation
Ace Global Markets has announced the appointment of Malcolm Brett as product line head of aviation.
German giant linked to Quinn Insurance bid
German insurance giant Talanx has become the latest name linked with a bid for Quinn Insurance.
NIG enhances package products
NIG has relaunched its package products suite within its NIG Network broker system, with revamped products, a new ‘professionals’ product and an enhanced quote system.
Capita receives Lloyd's approval
Capita Managing Agency, part of the Capita Group, has announced that it has received approval from Lloyd’s to manage live syndicates.
CNA unveils senior hires
CNA Insurance Company has announced the appointments of Paul Dowling and John Taylor to the newly-created roles of chief underwriting officer, commercial lines and chief underwriting officer, specialty lines, respectively.
Equity Red Star appoints underwriting manager for Scotland
Equity Red Star has announced the appointment of Iain Torrance as underwriting manager for Scotland, heading up its fleet and motor accounts in the region. He will be based in the insurer’s Glasgow office which opened in April 2008.
Majority of SMEs have inadequate cover
Less than one in three (30%) small to medium sized enterprises (SMEs) in Europe believe they are insured in the event that a professional mistake leads to them being sued, according to research from Hiscox.
QBE addresses market rumours
QBE has issued a statement regarding its potential exposure to the Gulf of Mexico oil rig disaster and Insurance Australia Group's (IAG) announcement on motor liability claims.
LV opens new broker office in Exeter
LV Broker has announced it is opening a new office in Exeter and has appointed Steve Meredith as regional manager for the South West.
Junction reveals "ambitious" growth plans
Junction said it aimed to more than double compound sales in next three years.
Groupama appoints new chief actuary
Groupama has appointed Niraj Shah as chief actuary. He takes over from Steven Blake who will be leaving the company at the end of June to take up a senior management appointment at RSA.
Chubb announces £41.5m Lloyd’s Syndicate
Chubb Insurance has announced that it has received approval from the Lloyd’s Franchise Board to establish a new Syndicate which will be named Chubb 1882. It will commence underwriting from 14 June for business incepting from 1 July 2010.
IAG boosts UK claims reserves
Insurance Australia Group (IAG) said that due to a "significant deterioration in UK claim experience", in particular bodily injury claims, it has conducted an independent actuarial review of its UK business.