News
Catlin names chief science officer
Catlin has appointed Michael Maran as chief science officer.
Cooper Gay extends political risk offering
Cooper Gay is offering a crisis management and business continuity consultation to terrorism and political risks policyholders after joining forces with specialist consultancy Security Exchange.
ALC Health launches claims monitoring service for customers
International private medical insurance provider ALC Health has launched an online member service that allows policyholders to check details as well as submit, manage and monitor claims 24 hours a day.
Kalista offers parametric catastrophe trigger for property
Bermuda-based Kalista Global has launched a property insurance product ahead of the January renewals with specific parametric catastrophe triggers to ensure savings.
Uninsured motorists in Scotland face having their cars crushed
Experts from the Motor Insurance Bureau are being drafted in to provide specialist training to Strathclyde Police officers ahead of a new campaign in which uninsured drivers face having their cars crushed.
Carlson ups Barbican stake beyond 90%
Carlson Capital has increased its stake in insurer Barbican to more than 90% after buying out Steel Partners II.
National curriculum should include driving, says the AA
The AA is calling for driving education to be part of the national curriculum at a Conservative Party conference fringe event.
Integration costs force AJ Gallagher into the red
Arthur J Gallagher UK has reported an unconsolidated loss before tax of £2.8m for the year end 31 December 2011, compared to a profit of £4m profit for the same period last year.
"Essential" FDI could raise Rs 30,000 crore, says India's regulator
Raising the cap on foreign direct investment in Indian insurers could attract Rs 30,000 crore to the industry, India's insurance regulator has said.
Covéa fears surge in motor subrogation practices after RSA ruling
Covéa has warned that some insurance businesses may adopt motor repair subrogation cost structures similar to RSA's after a high court found in favour of the insurer.
Swiss Re CIO to step down
Chief investment officer David Blumer is to depart Swiss Re on 1 November.
Standard & Poor's upgrades Groupama Insurances to BB
Ratings agency Standard & Poor's has upgraded Groupama Insurances to a financial strength of BB on credit watch with positive implications, and expects to boost the rating to BBB in Q4.
Acturis launches sales shuffle in growth bid
Software provider Acturis has moved to bolster the leadership of its sales team with the appointment of Jeff McCracken, pictured, as UK sales and marketing manager.
Allianz could appeal against RSA motor subrogration judgment
Allianz may appeal against a high court judgment which found RSA's motor repair subrogation costs to be legal, despite being told that an appeal is likely to fail.
Chartis broker academy wins CII stamp of approval
Chartis' multinational broker training academy has been accredited by the Chartered Insurance Institute.
Miller opens Paris base
Miller Insurance Services has opened an office in Paris with a view to increasing its reinsurance presence in Europe.
Senior underwriting jobs at risk at Oval
Oval Insurance Brokers has entered into consultation with some senior management at its underwriting subsidiary Vela in a move aimed at "simplifying" the business.
September floods to cost Asia nearly $8bn
Asia is facing economic losses of nearly $8bn after heavy flooding throughout September, according to a catastrophe report by Aon Benfield.
O'Roarke frustrated at missing out on Groupama 'bargain'
LV boss John O'Roarke admits he was left rueing a "missed opportunity" after hearing how much Ageas paid to secure the acquisition of Groupama.
EIOPA chairman calls for Solvency II clarity
Gabriel Bernardino, chairman of the European Insurance and Occupational Pensions Authority, has urged the European Commission to press ahead with the "stagnant" Omnibus II negotiations and their impact on Solvency II negotiations.
Legal indemnity and title insurer launches at Lloyd's
A new European provider of legal indemnity and title insurance has launched at Lloyd's.
IRDA plans to approve 10 standard insurance products
India's insurance regulator plans to develop 10 standard products which can be launched by insurance companies without seeking regulatory approval.
Miller opens Paris office
Specialist broker Miller has opened an office in Paris in a bid to increase its reinsurance presence in Europe.
DLG outlook "increasingly difficult", says analyst
The success of the first Direct Line Group float has failed to alleviate concerns over the long-term future of the company, according to Panmure Gordon.