?Hampden raises £5.2m

Hampden Underwriting raised an initial £5.2m before expenses following its flotation on AIM this week.

AIG buys travel insurer

AIG Europe acquired Direct Travel Insurance Services, one of the UK's leading independent travel insurance specialists.

Aon head for Cila committee

Aon’s head of claims John Bell was appointed chair of the professional conduct committee of the Chartered Institute of Loss Adjusters (Cila).

Benfield capital markets

Benfield expanded its capital markets expertise with the launch of a dedicated division within Benfield Advisory.

Ecclesiastical profit rise

Ecclesiastical’s interim pre-tax profits increased by £0.9m, despite making an underwriting loss. Gross written premiums were £201.8m in the first half of 2007, up £6.1m on 2006. Combined ratio was 101.2% out from 85.8%.