Broker News – Page 465
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NewsStockwatch
Last week the FTSE 100 plunged below the 4,000 mark as recession fears hit the markets, with financial and mining stocks suffering the worst losses. French and German markets were also hit hard. But the FTSE bounced back this week; there was even a surge following Alistair Darling’s pre-Budget report.The ...
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News AnalysisDrama on the high seas
The hijacking of the Sirius Star – part of a surge in piracy – has focused attention on marine insurance. Saxon East finds how a move from traditional cover to kidnap and ransom policies could help calm the nerves of ship owners.
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Online onlyAIG CEO to work for $1 until end of 2009
Liddy forgoes salary and bonuses as troubled insurer freezes executive wages.
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Online onlyCCV confirms Scottish acquisition
£3.5m GWP Moray Firth Insurance Brokers is latest addition.
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Online onlyLAML given boost over High Court ruling
Mutual says there is "greater clarity" following a similar ECJ decision.
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Lancashire poaches Marsh boss to lead Middle East business
Giles Hussey appointed as director and chief executive of the company's Dubai-based marketing operations.
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Online onlyVIDEO: Hank Greenberg - Saving AIG
Former AIG boss Hank Greenberg examines the fallout at the beleaguered insurer.
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Online onlyFSA bans insurance agents for illegal trading
Stephen Fryett and Richard Baines are punished as regulator hands out second ban this week.
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Brightside Group acquires eVan
Group's subsidiary will pay £3.3m for online van insurance brand.
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Online only30,000 a month applying to Euler Hermes
Chief Executive Desnos: "No decrease in exposure"
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Willis hires property investors guru
Broker appoints former RSA property investors unit founder Philip Reynolds as advisor.
