News
Zurich promotes Davies to marine underwriting head
Zurich has appointed Mike Davies as its global head of marine underwriting effective of 1 July.
Marsh calls for increased vigilance following Bangladesh factory collapse
Retailers and suppliers need to fully identify and understand their operational and supply chain risk exposures according to a report by Marsh.
Bollington hires commercial account manager
Bollington has recruited Anita Jones as a commercial account manager, with a specific focus on motor salvage operators and vehicle dismantlers.
Fitch raises Lloyd’s outlook to positive
Lloyd’s has seen its Fitch ratings affirmed with an improved outlook, climbing to positive from stable after the rating agency noted reduced earnings volatility.
Ferma elects four to board
The Federation of European Risk Management Associations has named four board members at its general assembly.
Zurich promotes Davies to lead global marine underwriting
Zurich has appointed Mike Davies as global head of marine underwriting.
RSA appoints global network boss Hart from QBE
Former RSA manager Chris Hart is returning to the insurer as global network manager.
Groupama sees thousands of flood claims as France declared natural disaster zone
Groupama has received around 16 500 flood claims following devastating floods in southwest France.
Saulter to start as Davies Group CEO in July
Dan Saulter will take up his role as chief executive of Davies Group on 1 July.
Re-worked 'Flood Re' expected to be laid out in imminent Water Bill
Details of the Association of British Insurers’ long-awaited flood risk solution are expected to come into focus this week following a government spending review and the introduction of the Water Bill.
Insurance firms warned about 'failing' social media strategy
Insurance companies have been found to be lagging behind other businesses in terms of customer expectation of communication via mobile technology and social media.
IFoA president calls for “ramped up” role for actuaries
Actuaries can play an increased role in business and public policy, the incoming president of the Institute and Faculty of Actuaries has said.
Tesco Bank launches telematics offering
Tesco Bank has launched a telematics product for drivers aged 17 to 25. The product is administered by Insure The Box and underwritten by Catlin and Great Lakes Reinsurance.
SMEs feeling positive about business Axa survey finds
Eight out of 10 UK SMEs are feeling positive about the state of their business, according to a survey by Axa.
Bluefin and Wentworth Alexander case settles
Axa-owned broker Bluefin has reached a settlement in a case against Wentworth Alexander, a Northamptonshire broker started by two ex-Bluefin employees.
Norwich-based broker becomes 35th Brokerbility member
Norwich-based broker Knowlden Titlow Insurance Brokers has joined Brokerbility’s membership ranks.
Autonet reports decline in young van drivers’ premiums
Figures by Autonet Insurance show premiums for younger generation of van drivers have dropped down further from last year.
XL Group unveils new head of capital management
XL Group has appointed Philip M. Jacobs as global head of capital management, corporate development and tax.
Report incriminating insurers in phone hacking to be re-examined
The Home Affairs Committee is due to meet later today to discuss the possibility of questioning the Serious and Organised Crime Agency over a leaked report into the use of private investigators by insurance, law and telecoms firms and their links to…
Swiss Re targets China, India and Brazil
Swiss Re is looking at acquisitions in China, India and Brazil to boost growth.
Changing climate brings 'new normal', says Geneva Association
The Geneva Association, a leading think tank of the global insurance industry, is worried some areas in the world are becoming uninsurable because of climate change.
Clausen Miller recruits Drake as non-contentious specialist from Ashurst
Insurance law firm Clausen Miller has appointed a non-contentious insurance specialist Jonathan Drake from Ashurst.
Insurers must prepare for telematics boom
Insurers should not lose sight of the opportunities presented by telematics in light of recent changes in consumer attitude, a panel of experts said today.
ABI hits back at Law Society over PI campaign
The Association of British Insurers has criticised the Law Society’s advertising campaign for personal injury, which features the strapline “Don’t get mugged by an insurer – use a solicitor.”