Articles by Chinwe Akomah
Argo swoops for ex-Guy Carpenter capital markets MD
Argo has appointed Mark Gibson to the new role of director of alternative risk capital.
Insurers sitting on €200bn which could fill funding gap
Life insurers could fill the funding gap where banks are failing by aggregating their market value by 50%, which would increase it by €200bn, according to a report by management consultancy firm Oliver Wyman.
CII awards industry veterans for commitment to insurance
The Chartered Insurance Institute has honoured Dr Peter Williams and Graham Doswell with the President's Award for dedication, commitment and professionalism.
Hastings Direct signs £10m document deal with Banner
Hastings Direct has awarded a £10m document management deal to Banner Managed Communication following a tender process.
Mutual insurer Standard Club exposes Russian weapons consignment
The Standard Club has helped to uncover a ship reportedly carrying refurbished attack helicopters from Russia to Syria.
Coleman appoints former Ecclesiastical head to director role
Coleman Insurance Brokers has appointed Ian Wainwright as divisional director in Exeter following the Coleman Group's acquisition of Foster Leighton & Company in May.
Acord hires ex-Lloyd's boss for reinsurance role
The Association for Cooperative Operations Research and Development has appointed Trevor Maddison as London projects director for global reinsurance and large commercial.
Zurich places €500m senior notes
Zurich has successfully placed €500m 10-year senior notes, maturing in 2022, to investors in the euro market.
Brightside boss Holman eyes up employee benefits offering
Newly appointed Brightside boss Martyn Holman, pictured, has announced plans to start reviewing the business in the next two weeks and potentially enter new lines including employee benefits.
Delisting ambitious Brightside is easier to do as an outsider, says ex-CEO
Arron Banks, pictured, has said it would have been "troublesome" to delist the broker and subsequently fulfil ambitious growth plans while still working at the business.
One Answer Network to launch commercial and personal lines IT platform for brokers
Broker organisation One Answer Network is launching an IT platform in the fourth quarter which will allow members to trade personal and commercial lines products.
ABI backs government plans to reform executive pay
The Association of British Insurers has welcomed the government's "practical and workable" plans to tackle excessive executive pay.
EU insurers to bounce back from possible Greek euro exit
The European insurance sector should be able to absorb shocks arising from a hypothetical Greek exit from the euro, provided the exit was orderly.
Insurer approach to Solvency II is more 'sophisticated', report finds
Insurers have upped the ante in their preparation for Solvency II with 60% increasing the sophistication of their approach.
Barnett Waddingham hires Solvency II boss
Actuary Barnett Waddingham has appointed Cameron Heath to lead the expansion of the firm's Solvency II offering within its insurance consulting practice.
M&A companies face 90% chance of being sued
There is a 90% chance that a company targeted for acquisition will be sued by its shareholders, yet few businesses document M&A protocols and do not plan to develop them over the next year.
Business boomed for RiIG in 2011, AGM told
Claims management company Resources in Insurance Group has told its Annual General Meeting attendees that the business has witnessed increasing levels of activity in the backdrop of the wet weather.
FSA kept budget spending down, annual report reveals
The Financial Services Authority deliberately underspent on its annual budget as it was “very conscious of the need to control costs, particularly given the difficult environment that firms are operating in”.
Insurance industry almost as innovative as technology and entertainment sectors
Insurance ranks high in business model innovation just behind technology, communications and entertainment, according to a PwC survey.
BGL hires former financial crime boss for counter-fraud role
BGL has appointed Martin Croucher, pictured, as senior counter-fraud manager.
Crawford makes string of new hires in SLS liability business
Crawford & Company's UK liability business SLS has recruited 11 experts.
Claims management firm RiIG wins PPI contract
Resources in Insurance Group has signed a £750 000 deal with a financial institution to handle Payment Protection Insurance claims.
DLG signs new home insurance deal with Nationwide
Direct Line Group's partnerships division, Brand Partners, has renegotiated its contract with Nationwide handling the building society's new household claims and post home insurance sales and service.
Motorbike broker founder Carole Nash awarded OBE
Carole Nash, founder of the eponymous Groupama-owned motorbike insurance broker, has been awarded an OBE for her philanthropy.