Latest News – Page 1816
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NewsBrooks takes top job at Ascot as Reith steps down
Managing agent promotes chief operating officer to chief executive.
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NewsZurich switches UK division to Irish branch
Shift will have limited impact on tax status and company will not physically move.
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News
News in brief
Validus fires up web toolCredit consultancy Validus-IVC has launched an online tool that allows clients to monitor the real-time progress of credit hire and repair claims on its system. Its clients can search Principal Dashboard using their reference numbers or policyholders’ names and receive an instant update.James Duez, chief technology ...
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NewsBiba urges minister to help small businesses
Eric Galbraith says firms need support if they are to keep up their insurance cover.
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NewsWard: hurricane losses are ‘manageable’
Claims will top £1.3bn, but market’s boss says there is no need to draw on central fund.
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NewsRBSI tipped to float if CVC sale gets go-ahead
Private equity house bidding for 51% stake with Swiss Re ‘would be looking to float’.
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NewsAIG ‘cancels Christmas’
US insurer calls off all seasonal celebrations after luxury event slammed.
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News
News in brief
Netherlands bails out INGThe Dutch government has handed €10bn (£7.8bn) to bank and insurance group ING. The government will take non-voting preferred shares in the group, giving it an 8.5% stake. ING said this would create “a strong buffer to navigate the market and economic environment”. Wildfire payoutsThe California Department ...
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NewsRutter moves from Lockton as broker reshuffles management
Former Independent executive joins US insurer that is planning to expand in the UK.
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NewsMarsh gathers 200 clients for credit crunch summit
Ratings agencies will be asked to explain what went wrong at broking giant’s City event.
