All Insurance Times articles in On-Line Archive – Page 1020
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AIG recruits COO
AIG UK has recruited former Willis boss Tom Colraine as chief operating officer. Colraine will report direct to AIG chief executive Lex Baugh. Baugh said: “Tom joins at a crucial time as we work towards rebranding as Chartis UK. He will play a key role in improving our operational efficiency, ...
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RSA sells British Engine Insurance to Enstar
RSA has announced the sale of British Engine Insurance Limited to Knapton Holdings Limited, a wholly-owned subsidiary of Enstar Group Limited, for £28m to be paid in cash. British Engine is an inwards reinsurance business and has been in run-off since 2001. This transaction removes £107m of net insurance liabilities ...
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Travelers boss quits
Travelers Martin Hudson has stepped down from his role as chief executive, it was revealed today.The insurer confirmed that President of International, Kevin Smith will take over from Hudson on an interim basis.Hudson has worked in the industry for more than 20 years, starting work in Lloyd’s syndicate in 1977.In ...
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Online only500 law firms have no PI cover
Doubling of premiums and single start date blamed for crisis
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Online onlyACE launch oil and gas policy
Includes employment liability cover, manslaughter defence costs and recall expenses
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Online onlyBig firms face higher insurance
Fed chairman Bernanke wants being big to be unprofitable
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Online onlyAviva’s Scott joins RBS board
Quitting finance director joins board of troubled bank RBS
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