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Royal & Sun Alliance to cut over 1500 jobs; shares rise
UK general insurer Royal & Sun Alliance has unveiled plans to cut over 1500 jobs in an efficiency drive that will save the group £130mn in annual costs.
19 June 2006
Royal & Sun Alliance to cut over 1500 jobs; shares rise
UK general insurer Royal & Sun Alliance has unveiled plans to cut over 1500 jobs in an efficiency drive that will save the group £130mn in annual costs.
19 June 2006
Amlin follows Lloyd's insurers into US
Amlin plc has become the latest Lloyd's insurer to enter the US market after announcing the establishment of a representative office in Illinois taking advantage of Lloyd's admitted licence to operate in the state.
28 July 2008
Chairman of JLT London market arm resigns
The chairman of Jardine Lloyd Thompson (JLT)'s London market specialty arm, Andrew Agnew, has resigned with "immediate effect", the company announced in a statement this morning (24 September).
24 September 2010
Insider Vital Insurance Statistics
Floods, Floods Glorious Floods - Royal & Sun Alliance See A Silver Lining To All Those Rain Clouds One would think that the worst flooding to hit the UK for half a century would be a source of misery for Royal & Sun Alliance. After all it's Britain's s
01 December 2000
Start-up Bermudian reinsurer to acquire Rosemont Re infrastructure
Industry veteran Don Kramer has agreed to buy the infrastructure of GoshawK’s Rosemont Re to establish a new $750mn+ private equity backed Bermudian reinsurer. In an announcement to the London Stock Exchange this morning (24 October), GoshawK...
24 October 2005
Matson leaves Brit
Peter Matson, the co-founder of UK liability insurer PRI, has become the third key person to leave Brit Insurance Holdings after its controversial acquisition of PRI earlier this year.
04 August 2003
Capitol Hill ends flood cover gridlock
The legislative gridlock that left US homeowners unable to buy or renew flood cover is set to be lifted after lawmakers approved a temporary reauthorisation of the National Flood Insurance Program (NFIP) to 30 September.
01 July 2010
Willis growth accelerates, but outlook suspended
Global broker Willis has unveiled organic growth of 4 percent for 2008, accelerating to 6 percent in Q4 but has suspended its annual earnings guidance to shareholders because of global economic uncertainty.
12 February 2009
US Fire settles with Port Authority to close WTC coverage dispute
US Fire Insurance Co has settled its case with the World Trade Center (WTC) site owner, the Port Authority of New York and New Jersey
22 September 2010
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