Articles by Chinwe Akomah
Insurers in 'limbo' after Solvency II meeting ends in stalemate
The Association of British Insurers has warned of further Solvency II delays after decision makers in Brussels failed to agree on the final draft of the directive.
RSA and Aviva join the MGAA
RSA and Aviva have become the latest members to sign up to the Managing General Agents' Association.
Thousands of homes evacuated after floods in Japan
Homes suffered substantial damage on Wednesday after intense rainfall caused flash flooding, burst river banks and landslides in the south west region.
H1 natural catastrophe losses $70bn less than in 2011
Insured losses from natural catastrophes were approximately $12bn in the first six months of 2012, significantly less than the $82bn in the first half of 2011.
Stormy weather causes £35m worth of vehicle damage
Two weeks of severe weather has caused £35m worth of damage to vehicles.
NIG strengthens north east team with two new hires
Commercial insurer NIG has appointed an underwriter and a business manager to its north east team.
Telematics sales increase 'fivefold'
Telematics insurance sales have increased fivefold in the past two years and are set to snowball to around 500 000 in the next two years.
Aviva faces £40m flood bill
This summer's floods could cost three major household insurers almost £70m in the first half of the year, according to analysts.
Churchill and Privilege launch on Compare the Market
Churchill, Privilege and Sainsbury's Bank motor insurance products can be bought on aggregator website Compare the Market from today.
Solvency II report is progress, analysts say
Market analysts have praised the "encouraging" European Insurance and Occupational Pensions Authority's report on the benefits of current Solvency II templates.
Broker Caitlin-Morgan teams up with investment specialist
Wholesale broker Caitlin-Morgan has enlisted the services of investment information specialist Camradata to assess the performance of insurance asset managers.
Insurers urged to use proposed Solvency II templates
The European Insurance and Occupational Pensions Authority has "strongly" advised insurers to start using the proposed reporting templates for Solvency II as a basis to start the implementation phase.
Banks turn to credit insurance in Asian market
European banks operating in emerging markets are increasingly using structured credit insurance as a way of remaining active in Asian trade finance market and deleveraging their trade finance portfolios.
Flood defences need £20m boost in next 20 years, report finds
The government has been urged to invest £20m in flood defences after a report found that four times as many properties could be at risk of flooding in the next 20 years if no action is taken to prepare for climate change.
Mitsui recruits Zurich and Ace underwriters
Lloyd's insurer Mitsui Sumitomo is aiming to increase its share of the international liability insurance market following two underwriting appointments.
IAG to spend £66m on Asian market
International Australia Group has set aside £66m to acquire businesses in Asia in a bid to boost its gross written premium contribution to 10% by 2016.
Arthur J Gallagher buys MGA Contego Underwriting
Arthur J Gallagher has acquired managing general agent Contego Underwriting for an undisclosed sum.
Aro Underwriting opens Kent office
Schemes and affinity specialist Aro Underwriting has opened a new office in Tonbridge, Kent to accommodate its regional underwriting team.
Beazley boss Lewers joins Equinox Global
Lloyd's coverholder Equinox Global has appointed Adrian Lewers, pictured, as non-executive director.
Flash flood hits Calderdale in Yorkshire
A West Yorkshire bridge was flooded for a second time on Monday.
'Unsettled' weather not over, RMS warns
The industry has been told to brace itself for further wet weather after a weekend of rain affected festivals and the Silverstone racing event in Northamptonshire.
Brightside to pocket £70m premium in Asda affinity deal
Brightside's new affinity partnership deal with Asda Money is expected to bring in up to £70m in premium over the next 18 months.
BGL Group recruits five graduates
BGL has hired five new graduates in a bid to develop new marketing talent on its brands.
Former Allianz consultant joins Assurant Solutions
Specialist insurance provider Assurant Solutions has appointed John Miles to its European compliance team.