All Insurance Times articles in On-Line Archive – Page 754
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KPMG survey on FSA's principles-based regulations
Initial results of a KPMG report on insurers' attitudes towards the FSA's more principles-based regulation (MPBR) initiative revealed that firms believe that MPBR will reduce their regulatory burden (67%) and result in operational and cost efficiencies (56%). However, nearly half the insurers surveyed were concerned that MPBR will lead ...
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Imarket transactions rocket
Imarket transactions have rocketed by 44% in just a month as new insurers join and an increasing number of products populate the electronic trading portal, the company behind the system has claimed.Transactions have risen from 30,000 in February to 43,000 for March, signalling Imarket's increasing popularity among brokers, according to ...
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Product recall threat to wine sales
Aon's soon-to-be released report entitled ‘Vine to Wine' underscores the growing importance for businesses to take up product recall insurance.
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Lead underwriter to leave AEGIS London
Nick Rnjak, the lead power underwriter with AEGIS Energy Syndicate 1225, is leaving the company.In a statement the company said that Mr Rnjak, who has been with AEGIS since late 2004, "has played a significant role in the syndicate's development." AEGIS will announce Mr Rnjak's successor in the near future. ...
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Attorney general announces national anti-fraud strategy
Lord Goldsmith said the government was planning to establish a National Fraud Research Centre...
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Xbroker changes broker quote system
Xbroker, from Moorhouse Group, plans to add retail to its product portfolio and reengineer the system to better suit brokers' needs. The new retail product, which will be rolled out by the end of the month, will be underwritten by NIG and Zurich. Additionally the Xbroker system now includes the ...
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Converium CEO and CFO to resign by end of year
Converium chief executive Inga Beale and chief financial officer Paolo De Martin are to resign at the end of 2007.Both will play an active role in the merger of Converium into SCOR should the French reinsurer's latest share offer be accepted by Converium's shareholders, before departing at the end of ...
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Oslo Marine opens London representative office
Russian-based insurance and leasing specialists Oslo Marine expands to the UK
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Technology duo to launch messaging hub
Xchanging and Advisen are set to jointly launch an ACORD messaging hub to all brokers and insurers in the London Market...
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Zurich posts record 1st quarter results
Zurich Financial Services Group said first-quarter profit rose 71% to a record $1.4bn...
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Liberty expands European operation
Liberty International Underwriters has opened a new office in Spain as part of a European expansion
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Sigma appoints Glasgow branch manager
Sigma names Stuart Main new branch manager for Glasgow office
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Two arrested in staged motor accident crackdown
Police arrest a further two suspects in dawn raids in the ongoing crackdown on cash for crash scam
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Biba announces link up with Imarket
Biba uses Imarket to offer full range of member schemes
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Marsh poaches Aon team in Scotland
Marsh recruits Aon's Scottish Professional Risks team
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Swinton: penalty points won't drive up premiums
Drivers need no longer fear impact of penalty points on premium rates following Swinton announcement
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Hiscox launches new charities product
Insurer plugs into growing charity market with launch of two products
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MMA goes full-cycle with household products
Insurer takes the lead in offering full cycle EDI household schemes via insurecom
