Latest News – Page 1977
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Call of Lark fuels ‘market rumours’
The insurance industry is awash with rumours of acquisitions and sales ?– if you’re not being bought then you’re buying someone else.The latest in a growing list of potential takeover targets is Lark Group – acquisitors themselves just months ago.The company, as expected, has denied all knowledge of approaches from ...
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Chatham van faces scrapheap
Lloyd’s Chatham van, which transports the documents to the market’s administrative centre in Kent, will soon be resigned to the history books.Chief executive Richard Ward, in a bid to show he means business when talking of modernising Lloyd’s, is to scrap the van, which makes a twice daily 66-mile round ...
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NewsMinister intervenes over car data chaos
400,000 policies were not reported by Direct Line to motor insurance database
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NewsMotor insurers take £25m hit from flooding
Motor claims resulting from the recent flooding could reach as much as £25m, according to the ABI.Some have suggested that the event could act as a trigger for rate increases in the private motor market. But insurers, already reeling from a £1.5bn household bill, have played down the impact of ...
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The soft market continues in Q2, says Willis
Rates continued to decrease in the second quarter of 2007 according to a survey of London market insurers by Willis Group
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CII invests in new professional framework
Group is to invest record revenues this year in building its professional framework
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Online onlyABI questions Law Commission paper
The ABI urges the market to make a success of regulation and warns that more law is unlikely to help consumers.
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Online onlyGHLIS introduces EDI private motor product
New full cycle EDI private motor product available to UK brokers in January
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Online onlyCatlin strengthens aviation team
Insurer captures aviation underwriters to build up division
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Heath hires "heavyweights"
Heath Lambert boosts its national division with two major hires
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Equity snaps up Surrey broker
Insurer strengthens its regional position with further acquisition
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Direct Line named UK's most competitive car insurer
Direct Line tops Deloitte's latest motor insurance market review
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FeaturesBrokers concerned with consolidation and costs
Andrew Holt looks at research revealing a whole range of concerns from the broker community
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MD of InsureandGo steps down
James Richardson suffers severe accident and steps down as MD of InsureandGo
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ARC appoints three to board
The Association of Run-Off Companies has appointed three new board members
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FeaturesInnovative insurance
Andrew Holt looks at how innovative propositions can shape the insurance industry
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Online onlyIndie trial: Defence says Lomas kept out of the loop
Lomas’ defence has suggested the finance director was kept in the dark about details of key reinsurance contracts
