Latest News – Page 2771
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Moody's downgrades Legion Insurance Companies' ratings following MRM loss
Moody's has changed the insurance financial strength ratings of members of the Legion Insurance Companies pool from Baa2 (adequate) to Ba2 (questionable). The ratings remain on review with the possibility of further downgrade.
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TSK teams up with Circlefilm to provide online UK first
Towergate Stafford Knight (TSK) has announced a joint venture with Circlefilm to provide the UK's first full film production insurance online.
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State of emergency declared as floods hit Bolivian capital
The Bolivian capital, La Paz, has been hit by heavy flooding after the heaviest rainfall in 50 years. The current death toll is more than 65 people, with more than 100 injured.
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AA calls on Chancellor to ease motorists' insurance burden
The AA is urging UK Chancellor Gordon Brown to review the Insurance Premium Tax (IPT) - which adds 5% to all car insurance policies - in his next budget.The UK's biggest general insurance intermed ...
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Lloyd's S&P rating remains on CreditWatch
Standard & Poor's announced yesterday that its Lloyd's insurance market's single 'A' insurer financial strength rating is to remain on CreditWatch, with negative implications.
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Capacity cut as SVB syndicates face cash call
US trust funds' demands prompt surprise cash calls