UK News

Brown Joins RSA Board as Executive Director

The UK’s RSA Insurance plc announced the appointment of Adrian Brown to its Board as an Executive Director as of July 5, 2011. He has been Chief Executive of the Group’s UK business since September 2008 and currently sits on …

Travelers Names Two New London-based Chief Underwriting Officers

Travelers announced that it has added increased underwriting expertise to its UK, Ireland and Lloyd’s businesses with the appointment of two new Chief Underwriting Officers (CUO’s). The new CUO’s complement the appointments last year of Nick Rnjak and David Bourke. …

UK’s Legal Expense Insurers Say Referral Fees Cause for Claims Increase

The UK’s Legal Expenses Insurance Group (LEIG) has taken issue with claims that the rise in lawsuits over automobile accidents are responsible for the car insurance rate rises. The Group, which was formed in April 2006 by a number of …

Best Upgrades Lancashire’s Ratings to ‘A’; Outlook Stable

A.M. Best Co. has upgraded the financial strength rating to ‘A’ (Excellent) from ‘A-‘ (Excellent) and issuer credit ratings (ICR) to “a” from “a-” of the Bermuda-based Lancashire Insurance Company Limited and Lancashire Insurance Company (UK) Limited. Best has also …

Best Upgrades Issuer Credit Rating of ACE European Group; Affirms FSR

A.M. Best Europe – Rating Services Limited has upgraded the issuer credit rating (ICR) to “aa” from “aa-” and affirmed the financial strength rating (FSR) of ‘A+’ (Superior) of the UK-based ACE European Group Limited (AEGL). The outlook for the …

DUAL Corporate Risks Appoints Blake Prof. Indemnity Underwriter

UK-based specialist underwriting agency DUAL Corporate Risks has appointed Christopher Blake as a Professional Indemnity Underwriter in the company’s National Business Unit. He was previously at Chartis where he spent four years in the financial lines team. DUAL Corporate Risks …

Hackers Bring Down British Police Web Site

Hackers temporarily knocked offline a Website run by the British police Serious Organized Crime Agency (SOCA), which targets organized crime in Britain and overseas. Lulz Security, a loosely aligned hacker group which said it brought down the SOCA Website on …

Liberty International Sponsors UK Charity Soccer Match

The Teenage Cancer Trust and the Make a Wish Foundation have benefitted to the tune of £22,500 [$36,461] – £15,000 [$24,305] and £7,500 $12,152] respectively – following a charity football (soccer) match organized by Liberty International Underwriters, the Liberty Mutual …

AEGIS London Approves $1 Million in Premium Credits for Members

AEGIS London, the UK- based subsidiary of mutual insurer AEGIS (Associated Electric & Gas Insurance Services Limited) has announced the approval of $1 million in premium credits which will be returned to members through its Premium Credit Program. The bulletin …

HDI-Gerling Hires Appleton as UK, Ireland Liability Head

Industrial Insurance Company HDI-Gerling announced the appointment of Mark Appleton to the position of liability underwriting director for the UK and Ireland. He joins HDI-Gerling from RSA where he was European casualty director. Previously he held senior positions at Chubb …