News
LV recruits former RBS head for IT role
LV has appointed Simon Aldred, pictured, as director of management information for its general insurance business.
Outlook for Italian insurance sector remains negative despite improved profitability
The Italian insurance sector's rating outlook remains negative, according to ratings agency Fitch.
Claimspro appoints new MD to drive European business
Loss adjuster Claimspro International has appointed Julian Millar as managing director.
Morningstar to offer Fitch data with web tools
Morningstar, the independent investment research provider, is now offering Fitch Credit Ratings data in its bespoke suite of website tools and data feeds that help institutional clients conduct credit risk analysis and meet regulatory reporting standards.
DLG bosses to collect millions after IPO
Direct Line Group bosses are set to pocket millions of pounds in shares when the insurance asset floats on the London Stock Exchange.
QBE sells Macedonia shareholding to Vienna Insurance
QBE has reached agreement with Vienna Insurance to sell its 65% shareholding in QBE Macedonia for an undisclosed sum.
Overcapacity constraining cargo market
Soft market rates caused by overcapacity continue to act as a constraint on the global cargo insurance market, despite some significant losses.
Hastings to create 200 jobs
Hastings has unveiled plans to create 200 new posts in the next 12 months.
Myanmar to open insurance market to foreign investors
Myanmar will allow foreign investors into its insurance sector by 2015 once local private insurers have had time to establish themselves, according to a senior government official.
Keoghs secures investment as it waits for ABS licence
Law firm Keoghs has confirmed rumours that it is in the process of becoming an alternative business structure.
New member joins Ferma board
Isabel Martinez, a member of the Spanish risk management association AGERS, has joined the board of the Federation of European Risk Management Associations.
Insurers and claimant bodies committed to portal extension, says chairman
RTA Portal Co chairman Tim Wallis has responded to insurers' concerns that the claimant community is "dragging their feet" over extending the portal to include employers' liability claims, stating that both sides remain committed to the April 2013…
Amrae appoints full-time CEO to cope with growth
Amrae, the French risk managers association, has appointed Bénédicte Huot de Luze as chief executive.
Allianz names Your Cover head of direct
Allianz has appointed Jon Lott, pictured, as head of direct following the departure of Andy James.
MGAA holds 'successful' capacity exchange
The inaugural Managing General Agents' Association capacity exchange has been hailed by insurers and MGAs alike as an effective way to identify and develop new products and schemes opportunities.
Online video: Analysing emerging fraud trends
As legislation and industry initiatives make conventional types of fraudulent claims more detectable, insurance fraud is constantly taking new forms.
Bacon leaves Bowring Marsh
Marsh has appointed Andrew Chester as chief executive of Bowring Marsh, the firm's specialist international placement broking division.
LV unveils home insurance offering for BGL
LV Broker has rolled out its ABC home insurance product to BGL Group's Budget and Dial Direct customers.
DLG private equity bids still possible, says analyst
Analysts believe there is still a "good chance" that a private equity bid for Direct Line Group may emerge, despite RBS this morning stating its intention to float.
Axa Germany parts company with two board members
The German arm of global insurer Axa has confirmed that board members Ulrich Niessen and Markus Hoffman will leave the company at the end of the month.
Questgates opens Belfast base
Specialist loss adjuster Questgates has established a new office in Belfast and has made a string of Merlin Claims hires.
Ageas wins John Lewis account from Axa
Ageas has extended its partnership with John Lewis to provide the department store's customers with travel insurance.
Arista Insurance grows Thames Valley team
Caroline Hargreaves has been appointed as development underwriter to support brokers in the Thames Valley region.
Pinsent Masons opens Paris office
International law firm Pinsent Masons has opened an office in Paris as it targets insurance work in mainland Europe.