Commercial
RMS heralds Insurance Institute of China appointment
RMS Beijing has been appointed as a member of the Insurance Institute of China by the eighth board of directors, with RMS' Dr Hang Gao serving as a new director.
Spencer aims for consistency at Aviva
Robin Spencer, Aviva's recently appointed chief executive of general insurance in the UK & Ireland, has outlined his desire to bring stability and growth to the business.
Foil boss brands ERR Bill amendment criticism "absurd"
Apil president Karl Tonks’ proclamation that the government amendment to the Enterprise and Regulatory Reform Bill has set back health and safety laws in Britain by 100 years has been branded “absurd” by the Forum of Insurance Lawyers.
Flagstone Re announces Validus EGM date
Luxembourg-domiciled Flagstone has announced a shareholder vote on an acquisition by Validus.
E-Underwriting signs up to web platform
Gallagher-owned E-Underwriting has signed up to Keelan Westall's web-based Dynamic platform for residential property risks.
ProSight hires ex-Travelers boss Cusition as syndicate underwriter
ProSight Specialty Underwriters has appointed Paul Cusition, former global head of professional indemnity at ANV, as active underwriter of Syndicate 1110 at Lloyd’s.
Giles names Dickson as MD for the south of England
The latest in a long line of recent managerial recruitments has seen Giles appoint Paul Dickson as regional managing director for the south of England.
BP Marsh eyes insurance opportunities
Venture capital provider and Hyperion investor BP Marsh has reported profit after tax of £2.2m, representing an increase from £2.0m for the six months to 31 July 2011.
Green Road launches fleet driver performance app
Driver performance management specialist Green Road has launched a smartphone-based solution for fleets.
Hiscox appoints head of catastrophe research and two trainees
Hiscox has appointed Dr Richard Dixon as group head of catastrophe research, and expanded the London Market reinsurance team with two recruits.
Risk management linked to good corporate performance
Maturity of risk management processes is correlated with sustainable improvements in corporate performance, according to the 2012 Risk Management Benchmarking Survey of the Federation of European Risk Management Associations.
IUA report shows £22bn of 2011 premium income controlled by London
The amount of wholesale and commercial business governed by London companies reached a combined premium total of £22bn last year, according to statistical analysis by the International Underwriting Association.
Nexus to establish new MGA following CIFS purchase
Nexus Underwriting has exchanged contracts for the purchase of Credit Indemnity and Financial Services from Novae Syndicates.
Arista expands Southampton office
Arista Insurance has appointed Paul Avery to its Southampton office to help manage the underwriting team.
Chartered broker websites 'overlook the basics', report finds
Brokers are downplaying their chartered status on company websites, according to research commissioned by Axa Commercial Lines and Personal Intermediary.
Kennedys finance staff at risk of redundancy
Kennedys law firm has started a redundancy consultation with 70 staff in its finance department as part of plans to consolidate the non-legal department.
Swiss Re unveils senior appointments
John Dacey, Swiss Re's head of group strategy and strategic investments, is to join the group executive committee from 1 November.
BrokersLink offers supply chain risk advice
International broker network BrokersLink has launched a supply chain risk management service for its members.
Fraud 2012: False hearing loss claims 'easy to disprove'
The insurance industry faces an increase in fraud relating to hearing loss, pet and gadget insurance and arson over the next two years, and has been urged to challenge these threats in a post-Jackson world.
Fraud 2012: IFED courts Lloyd's players
Nine Lloyd's syndicates are in talks with the Association of British Insurers with a view to signing up to use the Insurance Fraud Enforcement Department.
BGL sees gross profits rise 22%
BGL group has reported pre-tax profits of £88m for the year ending June 2012.
Redundancies and recruitment: Not the end of the line
On the surface, a spate of job losses in the insurance sector could hamper its growth and recovery. But opportunities still exist.
Fitzmaurice says Hastings will bed down initiatives before potential float
Incoming Hastings Insurance Group chief executive Gary Hoffman has said his experience leading financial services companies such as Barclaycard, Northern Rock and the start-up NBNK will bring a "broader perspective" to the intermediary business as the…
Institutional investors testing the waters as Direct Line Group floats
Some institutional investors are taking a 'suck it and see' approach to the Direct Line Group float, assessing how issues facing the motor insurance sector affect the firm's share price before taking a slice for themselves, according to analysts.