News
DLG to offshore roles as part of £100m annual cost savings drive
Direct Line Group is set to offshore a "limited number" of chief operating office and sales, service and partnership roles as it begins to cut hundreds of UK jobs ahead of a planned flotation.
Groupama acquisition could propel Ageas UK into top 10 insurer spot
The insurance industry is considering the effect of consolidation and change in the UK personal lines market after Ageas entered into exclusive discussions with Groupama with a view to taking over its UK insurance company.
Death toll still rising from factory fire in Pakistan
At least 289 people were killed and dozens injured in a fire at a garment factory in Pakistan yesterday in what experts say is the biggest industrial accident in the country's history.
Seven directors quit Omega
Seven directors including Omega chief executive Richard Pexton have quit the business.
EU placated as Guernsey repeals "harmful" tax provisions
Guernsey's revised zero-10 corporate tax regime has been given a clean bill of health by the European Union after previously being deemed harmful by regulators.
Oxford MD quits to join CFC
Oxford Insurance Brokers managing director Neill Cotton has quit the company after almost a decade to join CFC.
Tungsten evaluating Equity bid
The investment vehicle, helmed by Edmund Truell, is believed to be considering an offer for the IAG-owned insures.
Casualty insurers warned about recent legal deveopments
A ruling on pesticide manufacturers' liability, reforms to Spanish law on directors' and officers' cover and more stringent rules for Polish motor insurers, are among recent legislative changes with implications for European casualty insurers.
Michael Jackson promoter withdraws £11m insurance claim
Michael Jackson's former concert promoter is to withdraw a £10.9m insurance claim over the pop star's cancelled shows.
Fitch sharpens focus with India rebrand
Ratings agency Fitch today launched a new brand for its existing national ratings business in India.
RBS could float DLG tomorrow
RBS is to launch an initial public offering of Direct Line Group on Thursday, reports have suggested.
Ai Claims gains first CII accreditation
Accident management company Ai Claims Solutions' operations manager has become the first member of team to be awarded a Chartered Insurance Institute qualification.
'You will get caught,' Aviva warns fraudsters
Aviva has warned fraudsters against submitting bogus claims ahead of the Association of British Insurers' fraud conference tomorrow.
Lorega supplier joins adjusting team
Loss recovery insurance specialist Lorega has appointed Martin Almond as a chartered loss adjuster in its loss adjusting subsidiary, Lorega Solutions.
Insurers criticise claimant bodies for 'dragging their feet' over RTA portal
The insurance industry almost withdrew its support for extending the RTA Portal to include employers' liability claims last week, after growing increasingly frustrated with delays to the plan.
Autonet launches online vehicle information service
Autonet Insurance and software solution provider Cheshire Datasystems have developed a system that allows a vehicle's history to be checked online from its registration number.
Top five Asian news stories
The top five Asian stories from www.insuranceinsight.com over the past seven days
Google launches car insurance service
Motorists can now buy car insurance online from Google's comparison site.
Iran praises sanctions for kickstarting insurance market
Iran's insurers are ready to offer cover to foreign ships traveling through Iranian waters, according to Seyed Karimi, president of Iran's insurance regulator Bimeh Markazi.
Brokers to receive increased commission under new government initiative
Members of the British Insurance Brokers' Association will receive commission levels up to 15% when they place trade credit insurance through the UK Export Finance Initiative, with immediate effect.
Guernsey signs tax agreements with Italy and Latvia
Guernsey has signed tax information exchange agreements with Italy and Latvia in an effort to increase transparency with the two European Union member states.
Giles director Hazel McIntyre quits
Giles' mergers and acquisitions director Hazel McIntyre has left the business after five years to pursue other opportunities.
Miller sees pre-tax profits triple in FY 2012
The broker has reported a dramatic improvement in profits in its results for the year ended April 2012.
Shortlist revealed for Underwriting Service Awards 2012
Risk-pricing skill, understanding of clients' needs and quality of service are all vital to insurers' long-term success.