Latest News – Page 2599
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Rumours grow over SOCIF job
Mystery surrounds who is to head up the new SOC Insurance Fund (SOCIF) syndicate. Market speculation this week was that Danny Wright had left ACE Underwriting to become chief underwriter for SOCIF ...
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AXA wins TUI UK travel bid
It is understood that AXA has replaced GE as underwriter for package holiday company TUI UK.AXA, GE Insurance and Churchill-owned Inter Group Insurance Services (IGIS) were involved in the tender. ...
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Stop press... AIG Europe add-ons
AIG Europe add-onsAIG Europe has added medical and vocational rehabilitation services to its standard combined liability product. The added services will be available on renewals and new …
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Aon sued over losses
Aon is to be sued by the reinsureds involved in the collapsed Aon 77 energy lineslip, according to industry sources.When Aon's energy lineslip collapsed it caused an estimated $90m (£56.8m) of los ...
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Environment damage 'substantial'
Liabilities arising from the oil spill along the Spanish coast will be "substantial", insurers for the stricken ship said.The London P&I Club covered the Bahamas-flagged tanker Prestige for protec ...
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R&SA weeds out weak brokers
Strategic review sees withdrawal from unprofitable personal lines
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GISC founder resigns from board
GISC founder board member Simon Bolam will resign at the December board meeting.Bolam, who is also chairman of the GISC's small practitioners group, said he had decided to quit nine months ago. …
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Cover crisis will ruin roofers
In desperation, federation looks into setting up mutual insurer
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Product news...NU ups bonus unit
NU ups bonus unitNorwich Union (NU) has increased its bonus unit at Bishops, with £3m in premium expected to be written by the end of the year.Ashford-based Bishops was one of the first U ...
