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  • Independent London market (re)insurance broker Thomson Heath and Bond Group (THB) saw fees and commissions rise 5 percent in the first half of 2010 to £24.6mn, fuelled by organic growth and a stronger US dollar.
  • Singapore-headquartered insurance investor and services provider Whittington Group is launching a new direct online insurance company to serve the local market.
  • UK-quoted Randall and Quilter Investment Holdings (R&Q) has issued an upbeat business prognosis as it looks to build on its recent acquisition trail, with Solvency II holding out more opportunities in Europe.
  • The UK's coalition government has pledged to reform two aspects of the tax regime highlighted by a tax policy paper prepared by The Insurance Insider's London 100 group and submitted to all three main political parties earlier this year.
  • The chairman of UK composite insurer Aviva Lord Sharman has been named as one of the five members of a council of business elders created by UK business secretary Vince Cable.
  • Chancellor of the Exchequer George Osborne disproved UK commercial insurers' gloomiest predictions in his emergency budget today (22 June), announcing an insurance premium tax (IPT) increase of just 1 percent to 6 percent.
  • Global business processor and outsourcing giant Xchanging is set to acquire 51 percent of Kedrios, an Italian subsidiary of European financial and payments systems service provider SIA-SSB.
  • Dutch insurance giant Aegon is looking to sell its Transamerica life reinsurance arm as it moves to sharpen its focus on core activities and improve its risk profile.
  • Willis forms North American distressed assets practice; Wildbore heads Willis' new Toronto office; XL Re gets green light in Florida...
  • Jardine to become Council of Lloyd's deputy chairman; HCC hires Travelers miscellaneous liability head; UIB Chalks up appointments...