News
Aviva's profits in Singapore grow 27%
Aviva Singapore saw growth in premiums and profits in 2012.
Liability losses hit Ecclesiastical’s combined ratio
Ecclesiastical’s group combined operating ratio has deteriorated for a second year by three percentage points to 108.5% in 2012 (2011:105.5%, 2010:102%). This was against an underwriting loss of £24.6m (2011: £18.7m), which the insurer said it was due to…
Broker networks called into question after Aviva ends Willis relationship
Willis Networks’ remaining insurer partners have pledged support for the business despite broker concerns that insurers will exit network relationships as part of their pursuit of profitable commercial lines business, after it was confirmed it will sever…
Is Biba’s new chief executive the White man for the job?
Improving the broking sector’s public profile, representing smaller firms and standing up to the incoming financial regulator are among the early challenges facing incoming British Insurance Brokers’ Association chief executive Steve White.
RBS dismisses links between stock sale and timing of upcoming Esure float
The second tranche of Direct Line Group shares may have been rushed to market in order to get ahead of the float by Esure, according to analysts.
Career File: Chris Giles:Hunt for a new Giles Insurance executive chairman begins...
Giles Insurance executive chairman Chris Giles is to become non-executive directive of Expectrum, the holding company of Giles Insurance and Ink Underwriting.
Transport Select Committee whiplash inquiry offers fresh hope to PI lawyers
Personal injury lawyers are hopeful the Transport Select Committee’s fresh inquiry into whiplash – launched a week after the Ministry of Justice closed its own consultation – will provide their businesses with a lifeline. This comes as a group of law…
Market Moves: Big names Sime and Giles among this week's notable departures
There were high-profile changes within both the insurer and broking arenas this week – with two significant moves involving senior figures at major organisations. At RSA, long-serving employee Chris Sime revealed his decision to walk away from his…
Penny speed meets... Simon Hodgin, Manchester branch manager, Axa
Being an insatiable socialite, Penny Black is always eager to probe the personalities behind the professional veneer of her industry friends. What better way to squeeze in and share as many intimate revelations as possible than her very own ‘speed…
View from the Top: Satisfaction not guaranteed
Net Promoter Score is a widely used measure for assessing your brand through the eyes of your customers, providing an insight into whether a customer is likely to recommend or discredit your company and its services.
Career development: Auto Windscreens offers glazing diploma
Auto Windscreens has become the first windscreen replacement company in the UK to offer a new GQA Level 3 Award for continued competence in automotive glazing.
DAC Beachcroft hails Malaysia business deal
Law firm DAC Beachcroft has expanded its global footprint after reaching a formal agreement with Malaysia's Gan Partnership.
Miller recruits reinsurance specialist
Non-marine retrocession production and placement specialist Kevin Gill has joined Miller.
Austrian lawyer annointed as Van Hulle successor
The European Commission has appointed Klaus Wiedner to replace Karel Van Hulle as head of unit dealing with pensions and insurance in the Internal Market Directorate General.
Insurance sector responds to Budget
Members of the insurance industry have responded to today's Budget.
Budget offers tax relief to SMEs as growth forecast halved
The Chancellor has announced that employers will have the first £2000 cut from their national insurance bill.
Mapfre subsidiary to insure Maltese trade union
Mapfre subsidiary, Middlesea Assist, is to provide home assistance services to the members of the Union Haddiema Maghqudin, a major worker's organisation in Malta.
DCS Global swoops for CL trio and Berrymans pair
Claims management firm DCS Global has made a raft of senior appointments as it commences operations in Bristol and Manchester.
Legal firms call for Law Society executives' resignation following civil justice reforms
A group of law firms, headed by Martin Coyne, managing partner of law firm Ralli, has called for the resignation of the Law Society executive as part of its Save The Legal Industry Campaign.
RSA and NFU Mutual ink bilateral claims deal
RSA has completed the signing of its fifth bilateral agreement on personal injury claims, signing a deal with NFU Mutual.
LMA completes marine claims standardisation project
The Lloyd’s market association has completed a year-long project to standardise engagement terms for marine surveyors and loss adjusters working in the London market.
Lower claims frequency hits Charles Taylor adjusting profit
Growth in Charles Taylor's management services and Isle of Man-based run-off insurance business in 2012 have offset reduced earnings in its adjusting services business, which was hit by a lower number of complex claims than the previous year.
Major cyber attack suspected in South Korea
Computers at three South Korean national broadcasters and two banks were affected this afternoon as some accuse North Korea of dirty tricks.
Asia-Pacific premiums to double by 2020, says Munich Re
Munich Re's Economic Research Department estimates that nearly half of the $2.8trn of additional premiums to be generated by 2020 across the world will be from the Asia-Pacific region.