Latest News – Page 1904
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News
Contract uncertainty hits Leo shares
Shares in property insurance specialist Leo Insurance Services fell 6% as the company announced that one of its business units was likely to lose a major client.The listed property insurance specialist said its subsidiary, Grafton Insurance Services, was expecting to lose a long-term contract worth over a quarter of Grafton’s ...
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CBG to buy niche sports firm for HNW links
Broker CBG is set to acquire sports specialist PenMc in a bid to expand its high net worth (HNW) business.The acquisitive broker said it had agreed the terms of a recommended share offer for PenMc which values the company at £186,000.CBG said the acquisition would provide business opportunities for its ...
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Lloyd's to build school in China
£50,000 donation to benefit 200 children in Yunnan province
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Oval restructures London broking divisions
Acquisitive broker forms new retail broking team
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ICOB rules welcomed by ifs School of Finance
Move hailed as important achievement in principles-based regulation
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Catlin purchases $225m catastrophe swap cover
$87.5m for severe US earthquake and $137.5m for severe US hurricane
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IHI adds unlimited medical cover to travel insurance
multi-lingual 24 hour emergency service also available
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FSA begin consultation on new travel insurance regime
Consultation process to end 18 March 2008
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Dandridge takes up RFIB directorship
Ex-Atrium underwriter to become non-executive director in 2008
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Decision time for FSA
Michael Faulkner says it is time for the FSA to resolve its stance on commission disclosure and move on
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Insurers to receive FSCS refund
£40m levy refund 'reflects recoveries and lower than expected claims volumes'
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Direct Fleet accelerates business
Over £500,000 of premium already submitted for quotation as Brit and HSBC sign up to insurer panel
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Marketform bought by AFG
American Financial Group pays $75m for majority stake in the Lloyd's insurer
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Liberty integrates surety operation
Liberty International Underwriters adds LM London Surety Bond capability to its product range
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Govt needs 'urgent action' on floods
Government preparation for flooding should be on the same level as terrorism, independent reviewer says