News
UK court approves launch of QBE Re
A UK court has approved QBE's plans to merge its non-Lloyd's reinsurance businesses across Europe.
Charles Taylor opens Italian office
Charles Taylor Insurance Services has hired ex-Aon broker Dario Giovara to lead a new office in Italy.
Aviva Europe CUO joins Towers Watson
Professional services firm Towers Watson has appointed David Ovenden, former Aviva chief underwriting officer for Europe, to lead its underwriting analysis practice.
ACGS offers new reputation harm product
Allianz Global Corporate & Specialty has launched a new product designed to protect smaller companies from reputation harm.
"Waiting is no longer an option," McGavick tells risk managers
Insurers must "change their mindset" if they are to remain relevant in a changing world, XL chief executive Mike McGavick, pictured, told risk managers in Germany yesterday.
GAB Robins appoints ex-Cunningham Lindsey adjuster
GAB Robins has recruited Maggie Cowing, pictured, to the newly created position of head of major and complex loss.
AGCS unveils new reputation protection product
Allianz Global Corporate & Specialty is to launch a new product next month designed to help companies protect their reputation in times of crisis.
Dozens killed as quake strikes southwest China
At least 43 people were killed and 150 injured after a magnitude 5.7 earthquake struck southwest China's Yunnan and Guizhou provinces on Friday, according to China Daily.
Brokers give Ageas seal of approval on Groupama acquisition talks
Brokers have hailed Ageas' potential move to acquire Groupama UK as a "logical fit", but warned that the insurer's troubled past may do little to win back lost brokers.
Incentive schemes: where do the real issues lie?
On Wednesday, the Financial Services Authority published the results of a review into risks faced by customers from financial incentives, and found that bonus-based schemes increase the risk of mis-selling. With a consultation on the issue launched …
Giles to launch new network next month
Giles is gearing up to launch a new network proposition for brokers, which will be headed up by Cobra's former network and London market managing director John Lincoln.
RSA names new group chief auditor
The insurer's UK and western Europe finance director, Caroline Ramsay, will take the role, replacing Anne Jaeger, who moves to RSA Scandinavia.
Ageas and Groupama in acquisition talks
Ageas UK and Groupama have entered exclusive discussions regarding the sale of Groupama's UK non-life insurance business.
Biba calls for ban on banks selling general insurance direct
British Insurance Brokers' Association chief executive Eric Galbraith, pictured, has thrown his weight behind Martin Wheatley's pledge to toughen up on the mis-selling of financial products.
Aviva director quits for Towergate
Aviva's shared services director, Alison Wilford, is to leave the insurer to join Towergate.
Communities Minister replaces Hoban as Treasury Secretary
Greg Clark, pictured, former Minister of State at the Department for Communities and Local Government, has replaced Mark Hoban as Financial Secretary to the Treasury.
Recession fuelling surge in fraudulent claims
Insurance fraud is on the rise again, according to an Insurance Fraud Investigators Group report.
Solvency II timetable 'extremely tight' for insurers
Complete and accurate data is at the heart of the challenge to ensure that insurers are treated fairly under Solvency II, according to Allianz's Peter Keller.
Merlin liability head joins Williams Pitt
Merlin's head of UK liability, Chris Lewis, is to join loss adjuster Williams Pitt on Monday.
Chartis enters sole tied agent agreement with HNW broker
Chartis Private Client Group has entered into an exclusive arrangement with broker Markham Private Clients, which will become its sole tied agent.
NCC to support CNA with cyber response team
Global information assurance firm NCC Group has agreed to support commercial insurer CNA Europe with a cyber incident response team.
AIG starts disposing shares in Hong Kong business
American International Group has commenced a sale in Hong Kong of up to $2bn worth of ordinary shares of AIA Group by means of a placing to certain institutional investors.
Tesco Bank snaps up Zurich's Bedlow
Zurich's former personal lines managing director, Karl Bedlow, pictured, is to join Tesco Bank.
Chris Hanks to retire from Allianz
Allianz Commercial general manager Chris Hanks, pictured, is said to be retiring in 2013.