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Davies’ Coombes takes on Garwyn growth remit
Davies Group chief commercial officer Darren Coombes has been handed an expanded role that will see him take on responsibility for growth and development at Garwyn.
ING raises £1.1bn in NN Group float
ING Group has made £1.1bn from the flotation of NN Group, its European and Japanese insurance and investment management business.
Cunningham Lindsey recruits major loss duo
Cunningham Lindsey has added two to its major loss teams in Scotland and Northern Ireland, recruiting from BDO and Crawford.
Crawford names Dutch boss Baumann as CEMEA liability head
Adjusting giant Crawford & Company has promoted its Dutch business leader Rianne Baumann to a new role as head of liability across continental Europe, Middle East and Africa.
RFIB recruits Zurich’s El Kaissi to helm Saudi operation
Lloyd’s broker RFIB has named Zurich’s Middle East mid-market boss Hassan El Kaissi as its new general manager for Saudi Arabia.
Arthur damage likely minimal
Tropical storm Arthur is unlikely to deal significant damage to properties in North Carolina should it make landfall later this week, according to catastrophe modellers AIR Worldwide.
Towergate consulting on 69 underwriting roles
Towergate has confirmed that it will consult on a total of 69 roles as part of a redundancy programme at managing general agent Fusion.
Insurers seek clarity over tangible returns from infrastructure investment
ABI looks to secure 20-year investment partnership with government
Tropical storm Arthur set to graze Florida
The first named storm of the Atlantic hurricane season will brush the Florida coastline later today, before strengthening near the end of the week.
BLM names ex-Zurich CEO Munnoch as strategic advisor
Law firm BLM has recruited former Zurich UK general insurance chief executive Guy Munnoch to serve as a special and strategic advisor its executive board.
Generali names Parisi as Europ Assistance CEO
Italian insurance giant Generali has named Antoine Parisi as the new chief executive of travel and healthcare cover provider Europ Assistance.
Axa UK CEO Evans nominated as ABI chairman
Axa UK group chief executive Paul Evans has been nominated to replace Tidjane Thiam of Prudential as chairman of the Association of British Insurers.
Moody’s downgrades Cunningham Lindsey over low claims volumes
Ratings agency Moody’s has downgraded Cunningham Lindsey in response to declining projected revenues based on lower global insured claims volumes.
Hastings Direct launches household cover
Hastings Direct has created a new household insurance product in collaboration with Axa, Sterling and Towergate Underwriting.
SSL recruits former Crawford fraud boss
Northampton-based SSL Loss Adjusting has recruited a former head of fraud from Crawford to helm its own anti crime operations.
Oval finance boss Story heads for the exit
Oval’s group finance director Ian Story is to depart parent Arthur J Gallagher at the end of this month.
Casserley demands transparency on resilience
Willis group chief executive Dominic Casserley has called on firms to publicly report on resilience against natural disasters alongside financial data.
DAS unveils two new ATE products
Legal expenses insurer DAS has unveiled two new after-the-event insurance products, aimed at speeding up the process of obtaining cover for solicitors.
QIC completes Antares buy
Qatar Insurance Company has completed its acquisition of Lloyd’s insurer and reinsurer Antares, including regulatory approvals.
Swinton adds LV Broker to home panel
LV Broker has joined Swinton’s home insurance panel, allowing the insurer to offer home products to the broker’s online customers.
Gable expands into Ireland with Precision deal
Liechtenstein-based Gable has completed a new agreement that will see the firm collaborate with Irish managing general agent Precision Underwriting.
Prince Charles issues rallying cry on climate change
The Prince of Wales has called on insurers and other financial services groups to join the debate on resilience and climate change ahead of the renewal of the Hyogo Protocol on disaster risk next year.
UN Secretary General asks insurers to expand infrastructure investment
The Secretary General of the United Nations has called on the insurance sector to expand its investments into infrastructure, with a particular focus on disaster resilient projects.