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  • UK regulator the Financial Services Authority (FSA) has recommended the appointment of policyholder advocates for non-life schemes of arrangement.
  • Bermuda-headquartered Lloyd's (re)insurer Hiscox Ltd has teamed up with brokers Allison & Partners (A&P) to launch INSPIRE, providing specialist cover targeted at specialising in UK and European small to medium-sized businesses (SME).
  • Newly-listed Tawa plc has raided outsourcing firm Axiom Consulting as it strengthens its asbestos, pollution and health hazard (APH) team.
  • The 2008 second quarter results - which began in earnest last week - demonstrate that rate softening has now become more "entrenched", according to Morgan Stanley.
  • Amlin-backed dedicated ILS investor Leadenhall Capital Partners has launched two $50mn Irish-based funds.
  • Amlin has dropped its 2009 results forecast for sidecar Syndicate 6106 by 2% points, but still estimates a bumper profit of between 40.4% to 45.4% of capacity
  • US giant American International Group (AIG) leads the hull cover on the British Airways jet that crash-landed at London's Heathrow Airport with more than 150 people on board last week.
  • Chartis will be expanding its high limit cover plan for commercial property across the globe after subsidiary Lexington pioneered the product in North America
  • UK regulator the Financial Services Authority (FSA) has recommended the appointment of policyholder advocates for non-life schemes of arrangement.
  • Willis Group Holdings has revealed that Don Bailey will replace Mario Vitale as CEO of Willis North America.