Latest News – Page 1996
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Online onlyAspen Re launches 'peer-to-peer' platform
Bermuda reinsurer's system will trade global risks electronically
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Arc appoints underwriting manager
Appoints Sarah Dyer to newly created position of underwriting manager
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Gallagher Re names chief actuary
Former RK Carvill actuary chief to lead international analytics team
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R&SA shares rise on US bid rumours
AIG linked with potential bid for Royal & SunAlliance
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Norwich Union signs deal to tackle third party claims
Clear Technology to provide software to cut costs and improve customer service
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Online onlyLloyd's hires Willis MD
Lloyd's recruits former Willis managing director for Latin America
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Defaqto: home insurance market 'increasingly competitive'
Benign weather conditions have attracted more players into sector
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Contract Certainty Code of Practice launched
Contract Certainty Steering Committee (CCSC) publishes a code of practice to help meet contract certainty targets
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Online onlyAquilo reshuffles management
Arthur Rackstraw appointed COO and David Germaine recruited as MD of IT Solutions GB
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Howden strengthens claims division
Appoints Kevin Bailey as associate director of claims division
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Marsh condemns New York Post over 9/11 photo claims
MMC blasts the New York Post for suggesting that it used images of the Twin Towers in its latest ad campaign
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FSA to track brokers with overseas binders
Regulator to focus on brokers who write business for unauthorised insurers
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Environmental liability confusion
The insurance industry has blasted the government for dragging its feet on the implementation of the Environmental Liability Directive (ELD).The Directive will extend companies’ liability for environmental damage.Despite provisions being laid out, it is not expected to be written into the statute book until April next year. The Directive was ...
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News in brief…
Aon approves Airmic indexAon backed Airmic's move to make an insurer 'willingness to pay' index one of the association's new priorities. Aon executive director Martin Thomas said: “Through Aon's own 'willingness to pay' index we have been measuring insurer and reinsurer claims performance for over 12 months.” Allianz ...
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Ex-Zenith executives to launch aggregator
A new aggregator, known as First Central, is set to launch next month, Insurance Times has learned.The project is backed by Steve Acott, former chief executive of Zenith Insurance, and is believed to be going live on 1 July. Peter Creed, former head of pricing at Zenith, will run the ...
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Claims Direct in £5m relaunch
With £5m advertising push company hopes to "steal a march" on claims management market
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Lloyd’s settles £325m central fund dispute
Lloyd’s has ended its long-running central fund dispute, agreeing settlements with Aon and Benfield Group, the brokers that placed the reinsurance contract. Although the terms remain confidential, Benfield Group announced an £8m net charge reflecting its costs towards the settlement. Lloyd’s said this formed part of a larger package agreed ...
