Latest News – Page 2381
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Fitch warns against of credit linked notes insurance
A ratings agency has launched a review of a controversial form of credit insurance described as "a riddle wrapped up in a mystery".Fitch Ratings said it was concerned that the tradable derivatives ...
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Online shopping 'creates opportunity for insurers'
A boom in the number of self-employed couriers delivering goods bought on the internet is creating a niche for insurance, it was claimed.The growth of online shopping would lead to increasing numb ...
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Insurers still vulnerable, FSA warns
Insurers rocked by legacy liabilities and constrained by lack of capital are vulnerable to "fresh shocks" despite current hard market conditions, the FSA warned.In addition, risk carriers' financi ...
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Bid to appeal in £60m Independent test case
The Financial Services Compensation Scheme said it would petition the House of Lords for permission to appeal further over a test case involving Independent Insurance and other insolvent insurers, it ...
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Brit acquires £20m Creechurch property business
Brit has completed the acquisition of Creechurch's property portfolio.
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SVB appoints new non-executive director
SVB Holdings has appointed Tony Hambro as a non-executive director.
