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Floods in Britain highlight insurance dispute 29 Nov 2012 | 08:18 am
Lynne Jones’ cozy bed and breakfast in Britain’s Lake District boasts views over the River Greta where heron come to feed, and a panoramic vista of Skiddaw mountain. Jones says her B&B has another vi...
Breakdown in UK flood talks threatens commercial insurance, warns JLT 29 Nov 2012 | 08:18 am
Broker says replacement to Statement of Principles is a priority to avert ‘economic chaos’ JLT Specialty Ltd has warned that adverse effect of the break down in talks between insurers and the governme...
More than 400 properties flooded in North Wales 29 Nov 2012 | 08:18 am
One person dies as residents are forced to flee homes in St Asaph One person has died and more than 400 properties have been flooded in St Asaph in North Wales, forcing residents to abandon their home...
Clegg reaps Labour ire over flood insurance 9 Nov 2012 | 05:47 pm
Deputy PM hopes government will make announcement soon Deputy prime minister Nick Clegg has said he hopes the government would announce the future of flood insurance soon, after coming under fire on...
Insurance broker charged with defrauding Tom Hanks 9 Nov 2012 | 05:47 pm
A Southern California insurance brokerpleaded not guilty Wednesday to allegations he overcharged Tom Hanks, the former guitarist of The Police and others hundreds of thousands of dollars for insurance...
Markel’s COR improves to 86% in 2012 9 Nov 2012 | 05:47 pm
GWP climbs 4% during first nine months London market (re)insurer Markel International’s combined ratio (COR) improved to 86% during the first nine months of 2012 compared to 119% for the same period l...
ING to sell insurance units in Hong Kong, Macau to PCG 20 Oct 2012 | 09:55 am
Dutch banking and insurance group ING said Friday it will sell its insurance units in Hong Kong and Macau to Pacific Century Group for US$2.14 billion (1.64 billion euros) in cash. “This transaction u...
BrokerMind 2012 final stormed by Marsh’s Jenkins 20 Oct 2012 | 09:55 am
Quizmaster John Humphrys put our contestants’ knowledge to the test in Insurance Times’ dramatic quiz final When you find yourself in front of a tense studio audience, under glaring spotlights and wit...
Kennedys in consultations with up to 72 finance staff 20 Oct 2012 | 09:55 am
Law firms aims to restructure back office staff Law firm Kennedys is in consultation with up to 72 of its finance staff ahead of a planned internal restructure. Kennedys, which has a specialism in ins...
Lloyd’s turns in £1.53bn six-month profit 26 Sep 2012 | 03:14 pm
Chief executive Richard Ward praises Lloyd’s underwriters after best results in five years Lloyd’s today announced a £1.53bn profit for the first six months of this year – its best half-year result in...
