News
Dalton appointed Cooper Gay head of risk
Lloyd's broker Cooper Gay has appointed Peter Dalton as head of risk management.
Fitch backs Lloyd's emerging markets expansion
The Lloyd's insurance market's planned expansion into emerging markets is a net positive, despite the additional risk carried by writing business outside established markets, Fitch said today.
What is contained within Penny's Little Black Book?
Having been wined and dined by the great and the good of the insurance industry for over 12 years, one has decided to team up with the CII to collect the best bits from my weekly column and bring them to you in the shape of this little black book.
Cooper Gay names risk management chief
Peter Dalton has been appointed head of risk management at Lloyd's broker Cooper Gay.
JLT aims to tackle risk managers' 'exasperation' at cyber risks
JLT Specialty has launched an Intangible & Cyber Exposure service.
Amlin CEO says three quarters of business has seen rate rises in Q1 2012
Amlin reported this morning that the group's gross written premium for the four months ended 30 April 2012 was up 10.5% at £1.4bn (30 April 2011: £1.3bn). At constant rates of exchange, written premium increased by 11.6% (30 April 2011: £1.29bn).
Aviva admits CEO hunt will take rest of 2012
Aviva has said that it will not be in a position to name a new CEO until the end of the year, and hinted that business exits are inevitable as the company undertakes a widescale strategic review.
IAG boss Wilkins admits it may dump loss making UK business
IAG managing director and chief executive Mike Wilkins has said that now is an appropriate time to assess the options for the UK business, given the improvement in its performance and the current UK economic conditions.
In conversation with Zurich: Keeping on the right side of the Control of Major Accident Hazards Regulations
If a firm uses or stores sufficient quantities of dangerous substances, they fall under the Control of Major Hazards Regulations 1999, known as COMAH.
Investing in the Profession: Core Claims opens Derbyshire office
Core Claims Management has opened a new office for its Midlands and North region in Ashbourne, Derbyshire.
Investing in the Profession: Demand for CII exams grows
The demand for Chartered Insurance Institute exams increased to 110 000 in 2011, the CII's annual review has revealed, up from 85 000 for the previous year.
Market moves: IFB adds four to team
With the fight against fraud hanging in the balance, the Insurance Fraud Bureau was one of the most active recruiters this week, welcoming four new staff - including a new operations co-ordinator – into its team.
Bluefin boss joins campaign against mandatory commission disclosure
Bluefin boss Stuart Reid has thrown his weight behind a campaign to stop mandatory broker commission disclosure being forced on the industry by Eurocrats, claiming that just 50 of its clients have asked for commission disclosure in the past year.
Benign weather and rate rises result in record reported profits for insurers
Insurers have reaped the rewards of benign weather and rate rises in catastrophe hit regions, but analysts warn the worst could be yet to come.
AIG to divest shares in AIA in September
American International Group will sell its shares in Asian insurer AIA Group after a lock-up period expires in early September, Reuters has reported.
BIBA 2012: QBE boss Greaves talks up broker renewals following Brit deal
Broker support of the QBE takeover of Brit has been described as "extremely positive" by the insurer's head of SME, David Greaves, who has recorded contract retention rates of around 95%.
BIBA 2012 Video: Is mandatory commission disclosure inevitable?
Today at Biba we asked attendees about their reaction to the recession and whether it has affected clients.
Will Aviva's composite model help deliver increased shareholder value?
Aviva's high-profile boardroom bloodbath, which saw much-derided chief executive Andrew Moss ousted by angry shareholders, has laid bare the composite insurer's trading model.
Lack of UK loss adjusting regulation prompts policyholder to take action
A disgruntled policyholder, who is suing the Davies Group after being forced out of his Grade II-listed home, has vowed to help bring about the regulation of loss adjusters.
EU considering impact on trade of Iranian oil insurance ban
Britain and France are studying a proposed European Union ban on insuring tankers carrying Iranian oil to see how severe an impact it would have on trade with non-EU countries, Reuters reported.
BIBA 2012: Lloyd's vows to build up SME business
Lloyd's has revealed potential plans to hold regional broking events outside London next year in a bid to build on the 5% growth achieved in its small and medium size book of business last year.
BIBA 2012: Young broker and Francis Perkins award winners named
The British Insurance Brokers' Association has named Caroline Webster of Higos Insurance Services as national Young Broker of the Year, and Dennis Veingard of Premiercare Insurance Brokers (UK) Ltd as winner of the Francis Perkins Award.
Merlin to make up to 70 staff redundant as part of business review
Loss adjusting and claims management company Merlin has started a redundancy consultation with 70 staff as part of a wide-ranging review.
BIBA 2012: RSA considers opening two new offices in regional push
RSA bosses are planning to respond to broker survey feedback calling for a strong regional offering by looking into launching strategic operations in Reading and Newcastle.