Broker
Plumeri eager for smooth handover
Outgoing Willis chief executive Joe Plumeri has vowed to do all he can to ensure continuity as the firm shifts to new leadership under Dominic Casserley.
European piecemeal approach to affect single insurance rules
The European Union's long-term goal of introducing a continent-wide set of insurance industry rules has been put in jeopardy as larger member states look to adopt a fragmented approach to the introduction of regulations.
Insurance accounting standards facing challenges, claims report
Key details need to be settled on new insurance accounting standards despite recent significant progress in the market, according to Swiss Re's latest research publication.
Airmic unveils new 90-day reservation of rights clause
The industry has backed a clause created by risk management association Airmic which gives insurers a 90-day cooling off period to freely exchange information with the policyholder before resorting to the reservation of rights.
Top five Asian news stories
The top five Asian news stories from wwww.insuranceinsight.com over the past seven days.
Top five European stories
The top five European stories from www.insuranceinsight.com over the past seven days.
AJG acquires Australia's largest Lloyd's underwriter
Broking group Arthur J Gallagher has confirmed a deal to purchase SRS Underwriting.
UIB hires Raven as new upstream head
Lloyd's reinsurance broker United Insurance Brokers has appointed Joss Raven as divisional director of its upstream energy division.
Marsh's Moylan to head global surety practice
Marsh has appointed David Moylan as head of its newly created global surety practice.
S&P upgrade of UK Club outlook 'a welcome endorsement'
Shipping protection and indemnity insurance mutual The UK P&I Club has welcomed Standard and Poor's decision to upgrade the firm's outlook from 'stable' to 'positive'.
Invicta secures deal for Sevenoaks broker's GI portfolio
Invicta Insurance Services has beaten off competition from a number of interested parties to secure the acquisition of Sevenoaks Insurance Brokers' entire general insurance portfolio.
Liberty Syndicates appoints another war and terrorism underwriter
Liberty Syndicates has hired former Amlin underwriter Paul Beattie as class underwriter for war and terrorism.
UIB brings in Raven for energy director role
International reinsurance broker United Insurance Brokers has appointed Joss Raven as divisional director of its upstream energy division.
Long-serving Marsh chair Moyan to lead global surety practice
The surety practice chairman of Marsh's international division has been selected to lead the firm's newly-created global surety practice.
Giles inks BlockInsure placement deals
Independent broker Giles has signed a deal with residential property insurer Blockinsure that will see the pair work together on providing specialist cover.
M&A activity continues at Towergate with four more deals
Towergate has brought its 2012 acquisitions total up to 23 following the purchases of non-life business Newstead Insurances Brokers and general insurance broker Grenville Westinsure.
Bluefin adds five to broker network
Five new brokers have joined Bluefin’ broker network Broker Partnership Services.
GLP unveils legal expenses product for marine market
General Legal Protection has launched an innovative legal expenses and assistance product for the marine market after working closely with boat insurance specialist Bishop Skinner Marine.
AIA boss Wilson tipped to take Aviva CEO job
The former chief executive of Asian life insurer AIA is the favourite to take the up the chief executive position at Aviva, according to the Financial Times.
Ex-Brit underwriter takes on property role at Argo International
Argo International has appointed former Brit Insurance underwriter Neil Russell as class underwriter for property.
Charles Taylor cements solid profits in bid to drive down group debt
International professional services provider Charles Taylor released an interim management statement this morning, reaffirming a commitment to implement its run-off strategy by acquiring offshore life insurers in run-off.
Lack of cyber liability cover may lead to fines for libellous Twitter users
Individuals without cyber liability cover who use social media such as Twitter to make baseless defamatory statements could end up being hit in the pocket.
Vela MD among redundancies
The managing director of Oval-owned underwriting agency Vela is among seven staff to lose their jobs as part of a plan to "simplify" the operation and secure its future.
LV Broker teams up with specialist home insurance provider
LV Broker has launched its ABC home insurance product on Insure 4 Retirement.