All Archive articles – Page 874
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Archive
ABI warns homeowners may lose flood insurance
The ABI is set to announce that people in flood-prone areas may be unable to insure their homes next year. The association will announce later today that it is unlikely to continue covering policy ...
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Archive
Conference News: Insurers urge government to adopt EU directive
Industry leaders at the CII Conference have called for the European Parliament to adopt the draft Directive on intermediation and so end uncertainty for insurers and brokers.It is understood that ...
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Archive
Fitch places Allianz on negative outlook
Fitch Ratings has assigned a `AA' Insurer Financial Strength rating and a `AA-' long-term issuer rating to Allianz Group. The ratings outlook is negative.Fitch said the ratings action reflects All ...
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Archive
SVB announces a return to profitability
Specialty lines insurer SVB Holdings has announced a return to underwriting profitability in the first half of the year. The company reported a pre-tax profit of £1.6m for the six months to June, ...
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Archive
Capita Insurance appoints Dye as new MD
Capita Insurance Services has appointed Bill Dye as its new managing director.Mr Dye will be responsible for overseeing its business lines and leading the company through the next phase of its gro ...
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Archive
Judge rules insurers can treat WTC attack as one event
A US judge has ruled that Royal & SunAlliance, Hartford Financial Services and St Paul Cos are required to make only one payment in respect of the WTC attacks.The Manhattan judge ruled that the in ...
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Archive
Conference News: Lloyd's clash over regulation
A clash is brewing over the Financial Services Authority regulation of Lloyd's and the market's modernisation plans, AM Best claimed.The credit rating agency, which this week confirmed Lloyd's A- (e ...
