Broker
Italian insurance market exceeds 8% of GDP
The Italian insurance regulator ISVAP has released it annual results for 2010 revealing the market exceeded 8% of gross domestic product for the first time.
FSA acknowledges consumer support on product intervention
The Financial Services Authority has published its feedback statement discussing responses to its “Product Intervention” discussion paper.
Brokers call for harsher fraud deterrent
A large number of brokers believe there should be higher penalties for insurance fraud and a central database of fraudsters to help deter fraud, according to a new survey.
Italian insurance market exceeds 8% of GDP
The Italian insurance regulator ISVAP has released it annual results for 2010 revealing the market exceeded 8% of gross domestic product for the first time.
Beachcroft: FSA product intervention marks “a major U-turn” in approach
Matthew Rutter, financial services partner at Beachcroft, has said the FSA’s feedback statement on product intervention – its powers to stop or intervene over financial services products – marks a major U-turn in its approach.
Aviva adds two to liability units
Aviva has made two new key appointments in the liability team of its Underwriting, Pricing and Product business unit.
IAG to focus on Australia, New Zealand and Asia
Equity Red Star's parent group Insurance Australia Group Limited has said it will prioritise growth in Australia, New Zealand and Asia.
AM Best affirms Hanover ‘A’ rating
AM Best has affirmed the financial strength rating of A (Excellent) and issuer credit ratings (ICR) of “a” of The Hanover Insurance Group Property and Casualty Companies (The Hanover) and its members.
Lonmar and Catlin strike Medicare agreement
Lonmar Global Risks and Catlin have negotiated a new facility for Lonmar’s specialist Medicare International division.
McLaren Stewart appointed to new director role at Giles
Giles Insurance Brokers has appointed John McLaren Stewart as UK sales director.
RBSI businesses record sharp losses in 2010 as claims soar
Royal Bank of Scotland Insurance companies NIG, Churchill, Direct Line and UKI all suffered losses during 2010, latest accounts reveal.
JLT Re opens Swiss office
JLT Reinsurance Brokers has opened a new office in Basel, Switzerland following the acquisition of US Re's Basel based treaty reinsurance business portfolio and assets.
JLT Re opens Swiss office
JLT Reinsurance Brokers has opened a new office in Basel, Switzerland following the acquisition of US Re's Basel based treaty reinsurance business portfolio and assets.
Biba presents petition on fees to MP
The British Insurance Brokers' Association has presented a petition of nearly 7000 member signatures to Jonathan Evans MP calling for the government to accelerate the Financial Services Authority’s review of the Financial Services Compensation Scheme…
Biba presents petition on fees to MP
The British Insurance Brokers' Association has presented a petition of nearly 7000 member signatures to Jonathan Evans MP calling for the government to accelerate the Financial Services Authority’s review of the Financial Services Compensation Scheme…
FSA extends PPI complaints deadline
The Financial Services Authority has extended the timeframe for Barclays, Lloyds Banking Group and Royal Bank of Scotland to handle payment protection insurance complaints.
Assurant Solutions names European boss
Assurant Solutions has named Mike Balsley as president and chief executive for its European business unit.
Assurant Solutions names European boss
Assurant Solutions has named Mike Balsley as president and chief executive for its European business unit.
Meerkats and opera singers come under the FSA's spotlight
The FSA's announcement of guidance for aggregators when it comes to treating customers fairly in the selling of general insurance has provoked a flurry of responses from you the loyal reader. Perhaps you're tired of the large opera singer and Aleksandr…
Exclusive professional indemnity and collective redress content now available on Post Europe
Post Europe’s weekly update is now live with an article on how the professional indemnity market in Europe is in line for growth and a View from the Top on why the European Commission needs to reconsider it push for a system of collective redress for…
Post Europe: View from the Top: No need for European consumer collective redress
The European Commission is continuing to push for a system of collective redress for consumers that would allow a type of class action litigation.
LV Broker appoints Manchester boss
LV= Broker has confirmed Stuart Frost as manager of the Manchester branch.
Post Europe: Professional indemnity – the growth market
Professional indemnity was worth almost €6bn across Europe in 2010 and with changes to Italian legislation and increasing negligence claims Alan Leach explains how this market is sure to expand.
SSP appoints global head of value propositions
SSP has added to its insurer division with the appointment of Sabine VanderLinden as global head of value propositions.