Amy Ellis
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The proposal to give Bank of England overall control "makes sense"
This is according to Mathew Rutter, financial services partner at Beachcroft.
Rapid insurance sector growth and Solvency II concerns prompt launch of Gibraltar’s first specialist actuarial consultancy
Mazars Actuaries and Consultants, the UK-based actuarial arm of international accountancy firm Mazars, has opened an office in Gibraltar. The new venture will be led by director Paul Tysoe, a member of the territory’s insurance sector.
Scrapping the FSA is the right decision for banks but the case is not made for insurers
This is according to Bruno Geiringer, a partner in the insurance group at law firm Pinsent Masons.
Argo International appoints class underwriter to lead accident & health team
Argo International, the specialist Lloyd’s insurer and subsidiary of Argo Group International Holdings, has announced the appointment of John Moffatt as Class Underwriter to lead its growing Accident and Health business.
FSA powers to be cut
Chancellor George Osborne has confirmed that he will give the Bank of England the key role in regulating the UK financial sector, the BBC reports.
Talbot appoints senior hull underwriter
Talbot Underwriting Ltd has appointment Mike MacColl as senior hull underwriter.
RICS appoints Howden as its preferred PI broker
The Royal Institution of Chartered Surveyors has appointed specialist Lloyd’s broker, Howden, as its preferred UK professional indemnity broker. This is the first time that the RICS has appointed a preferred broker for this type of insurance.
Solvency II to have far-reaching impact
Fitch Ratings has said that it expects Solvency II, the European Union's new insurance regulatory regime, to have far-reaching effects on insurers, with both positive and negative credit rating implications.
Solvency II to have far-reaching impact
Fitch Ratings has said that it expects Solvency II, the European Union's new insurance regulatory regime, to have far-reaching effects on insurers, with both positive and negative credit rating implications.
Generali’s Sergio Balbinot elected new CEA vice-president
At the CEA’s general assembly held in London on 10 June, Sergio Balbinot, managing director of Generali, was elected vice-president of the federation.
Charles Trent selected by Insure The Box
Charles Trent has been selected as the nationwide salvage partner for new insurer, Insure The Box.
Risk managers urged to consider insurance for M&A deals
There are signs of resurgence in the mergers and acquisitions market after the comparative down-turn in 2008 and 2009, with the number of warranty and indemnity policies written by Chartis Insurance in the UK in 2010 forecast to increase by more than 100…
Commercial insurance prices remain level for fifth straight quarter
A fragile global economy, excess capacity in virtually every line of commercial insurance and last year's below-average catastrophic losses combined to keep commercial insurance prices flat during the first quarter of 2010, according to global…
TPG to acquire Vertafore
Vertafore, a provider of software and services to the insurance industry, has announced that the company is to be acquired by investment funds managed by TPG Capital.
IIB appoints director
The Institute of Insurance Brokers has expanded its board with the appointment of Bob Pybus as a director.
Groupama achieves Shaw Trust accreditation
Groupama Insurances has been awarded Shaw Trust Web Accessibility accreditation for its website.
Hughes increases IT investment with Open GI
Hughes Insurance said it has expanded its Open GI system as part of a long term deal to support future business growth.
Evolution and Groupama team up for liability launch
Evolution Underwriting has launched Trade Protector Plus, a fully autorated tradesman liability product, using its Stingray trading platform. The new product is underwritten by Groupama.
Heath Lambert boosts its Leeds corporate and commercial business proposition
Leeds head of office John Dakin has decided to join the recently established Heath Lambert national corporate team to focus on large accounts in Yorkshire and corporate relationships in the surrounding Leeds area.
Mutual and cooperative insurers have 25% share in Europe
This is the main result of a statistical report based on 2008 figures issued by the Association of Mutual Insurers and Insurance Cooperatives in Europe at its Congress in Genoa, Italy.
Mutual and cooperative insurers have 25% share in Europe
This is the main result of a statistical report based on 2008 figures issued by the Association of Mutual Insurers and Insurance Cooperatives in Europe at its Congress in Genoa, Italy.
Sally Dewar set to leave FSA
The Financial Services Authority has announced that Sally Dewar, board member and managing director of Risk, has decided to leave the organisation in May 2011.
Brokers Berkeley and Beaumonts recommit to Willis commercial network
The Willis commercial network has announced two of its largest members, Berkeley Insurance Group and Beaumonts Insurance Brokers, have committed to remain with WCN in long-term deals.
Guy Carpenter appoints global chief operating officer
Guy Carpenter has named Liz Flynn as global chief operating officer. Ms Flynn will be based in New York and will report to Peter Zaffino, Guy Carpenter’s president and CEO.