Swiss Re has announced a significant adjustment of its senior leadership structure, including appointing a new chief risk officer and a new chief operating officer. In addition, Reinsurance, Corporate Solutions and Admin Re® will each be represented by Executive Committee members. Chief Executive Officer Stefan Lippe has stated that the changes will help Swiss Re [...]
Helphire has released its preliminary results for the 12 months to the end of June, 2010. The firm recorded an adjusted operating profit of £21.4m, substantially improved on the £4.7m made during the previous year. Likewise, adjusted pre-tax profits were £13.9m, up from a loss of £5.2m in 2009. A marginal after-tax profit of £3.6m [...]
Arista Insurance has appointed Steve Ford as senior underwriter for the Leeds area. According to the commercial lines specialist, the appointment is a strategic one and Mr Ford’s 24 years of experience in the insurance industry and extensive knowledge of the region is crucial to the firm’s expansion plans in the North East. The insurer [...]
Heath Lambert has been appointed by Express Newspapers as exclusive provider for all general insurances and risk management needs. The broker’s new client operates Northern & Shell publications, West Ferry printers and OK! Magazine. Commenting on the appointment, Express Newspaper joint group managing director, Martin Ellice, says “Heath Lambert … certainly demonstrated passion for our [...]
The Financial Services Authority (FSA) is proposing to increase the limit on awards made by the Financial Ombudsman Service from £100,000 to £150,000. The initiative forms part of a package of measures intended to drive up standards in complaints handling across the financial services sector. The regulator says it wants more firms to resolve complaints [...]
