March 20, 2012
The Association of British Insurers (ABI) has issued a call “for action to free businesses from the fear of the UK’s compensation culture and overzealous interpretations of health and safety rules that could hold back Britain’s economic recovery.” Insurers and …
March 19, 2012
Aon Corp. announced that its stockholders voted overwhelmingly in favor of the proposal to approve the previously announced change in corporate domicile of the parent company of the Aon group of companies from Delaware to the U.K. at a special …
March 19, 2012
Industrial Insurance Company HDI-Gerling, which is based in the UK, has appointed James Blanco to the position of Senior Liability Underwriter in London. He joins HDI-Gerling from the HCC Syndicate at Lloyds where he was International Casualty Underwriter. Blanco has …
March 14, 2012
The Association of British Insurers (ABI) is urging homeowners not to worry unnecessarily, but to be aware of the ongoing drought conditions currently afflicting the UK. The extremely dry weather, with little or no rainfall across many parts of the …
March 13, 2012
A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a” of Royal & Sun Alliance Insurance Company of Canada (RSA Canada) and Western Assurance Company, both domiciled in Toronto, as …
March 9, 2012
In a rapidly changing world, new innovations that keep global companies competitive are an extremely important resource – none more so than in the UK’s insurance sector. The Rt. Hon. David Willetts, the UK’s Universities and Science Minister, demonstrated just …
March 9, 2012
Independent global broker BMS Group announced that it has launched a new global construction initiative, to be headed by Gavin Madell, who has over twenty years’ experience in the field. BMS said the new team “will provide an enhanced service …
March 6, 2012
Markel International announced from its London headquarters that it has acquired the portfolio of business of Quay Underwriting (QU), a managing agent based in Dorset. Markel said QU “provides a wide range of insurance products for fine art and collectables, …
March 5, 2012
Otto Thoresen, Director General of the Association of British Insurers, has called for European Union policy makers to ensure that draft EU Solvency II rules do not prohibit insurers from driving growth in the UK and making long term investments …
February 27, 2012
XL Group plc announced that Valerie F. Gooding has been appointed to the Company’s Board of Directors, effective at the April board meeting. Gooding served as the CEO of British United Provident Association (BUPA), an independent health insurer and service …