A&B expands cargo cover
A&B Insurance Brokers is to expand its web based cargo insurance platform to cover several new sectors, including jewellery, timber and the household removals industry.
First published on 6 March
Allianz's repairer deal
Allianz Cornhill has agreed a proposal to allow its network of approved motor repairers to operate with their own choice of quality control scheme. Following discussions with the company's approved network consultative group, repairers will soon be required to have either RMIF QC, or PAS 125, or a manufacturers standard for single marque repairers.
First published on 6 March
FSA sets up 'crime line'
The FSA has set up a reporting system to reduce the level of financial crime in the industry. Insurance firms and intermediaries are being called on to inform the FSA when they suspect criminal behaviour, which the FSA may investigate.
First published on 6 March
RMS revises storm loss
Risk management company RMS has revised its industry loss estimate for European windstorm Kyrill. It now expects the total insured losses to be between €3bn and €4bn. Windstorm Kyrill caused relatively low levels of damage, affecting nine major European countries on 18 January.
First published on 6 March
Atrium results boost
Atrium Underwriting said its full-year results will be materially ahead of market expectations, boosted by 2004 actual results and improved 2005 forecasts for its Atrium Underwriters unit.
First published on 6 March
Greenberg to chair Ace
Evan Greenberg has been elected chairman of Ace. Greenberg will succeed Brian Duperreault who will remain on the board.
First published on 2March
