News
Suncorp faces NZ$60m exposure to Christchurch quake
Australian firm Suncorp, one of the most prominent insurers in New Zealand, has claimed it is “well protected” against losses arising from the Christchurch earthquake.
"Glass ceiling" still exists for women
Research for the Institute of Leadership and Management has shown that 73% of women believe they still face barriers to top-level promotions in the UK.
IAG: NZ earthquake could cost $40m
Insurance Australia Group has confirmed that its New Zealand businesses, which include State and NZI, could be hit by a $40m claim from the Christchurch earthquake on 22 February.
Insurers warn SMEs of new legal consequences
The insurance industry has urged small business owners to ensure they are covered in the event an investigation under the Corporate Manslaughter Act.
Fees hike will trigger job losses, Biba warns
The British Insurance Brokers’ Association has called for its members to write to their MPs regarding the escalating costs of Financial Services Compensation Scheme fees.
Willis adds to employee benefits team
Willis Group Holdings has appointed Olivier Bruyninckx as head of its European multinational employee benefits team with immediate effect.
Willis adds to employee benefits team
Willis Group Holdings has appointed Olivier Bruyninckx as head of its European multinational employee benefits team with immediate effect.
Air Worldwide: Second NZ quake “more damaging”
The earthquake which struck New Zealand yesterday has caused more damage than the quake which hit the country in September, catastrophe modelling firm Air Worldwide has claimed.
AIR predicts NZ quake losses of up to $8bn
AIR Worldwide has estimated that industry insured losses from the magnitude 6.1 earthquake that struck New Zealand’s South Island near Christchurch on 22 February (UK time) will be between NZD$5bn ($3.5bn USD) and NZD$11.5bn ($8bn USD).
Generali director resigns
Leonardo Del Vecchio has resigned from the board of directors at Generali.
Generali director resigns
Leonardo Del Vecchio has resigned from the board of directors at Generali.
Video interview: Peter Cullum on Towergate's refinancing
Days after Towergate Partnership announced the completion of its refinancing and £200m investment from private equity firm Advent International, founder and chairman Peter Cullum CBE spoke to Post about what now lies ahead for the broker.
Aon Benfield: 712 000 people exposed to NZ earthquake tremors
Aon Benfield has estimated that the magnitude 6.3 earthquake in Christchurch, New Zealand, could have been felt by close to 710 000 people in the country.
Rural appoints new MD
Rural Insurance, the agricultural insurance arm of UK General, has appointed Simon Stevens as managing director with effect from 1 March.
Compare the Market appoints new director
Price comparison site Compare the Market has named Simon McCulloch as its new director of money.
Towergate unveils senior underwriting promotions
Towergate has promoted Keith Harrison and Keith Jackson to the positions of chief operating officer, commercial underwriting and commercial director, commercial underwriting respectively.
Zurich signs $1.67bn deal with Santander
Zurich has signed a memorandum of understanding with Santander to enter into a 25-year strategic distribution arrangement in Latin America.
Zurich signs $1.67bn deal with Santander
Zurich has signed a memorandum of understanding with Santander to enter into a 25-year strategic distribution arrangement in Latin America.
Equity Red Star adds to personal accident product
Insurer Equity Red Star has added a new level of cover to its family personal accident plan.
MCE seeks graduates to bolster workforce
Specialist motorcycle and scooter insurance provider MCE Insurance said it is actively seeking graduates to expand and strengthen its workforce.
Bermuda hails “impressive” year for insurance sector
The Bermuda insurance market continued to record “impressive results” - despite another challenging year, The Bermuda Monetary Authority has reported.
Major earthquake hits Christchurch
A major earthquake of magnitude 6.3 occurred near Christchurch, New Zealand on 22 February at 12:51pm local time (11:51pm on Monday 21 February 21 GMT).
Aviva director joins Brightside
Brightside has appointed Alan Sanderson as chief executive of its insurance broking division.
Gallagher names new chairman
Former JLT chairman Andrew Agnew is set to become chairman of the Arthur J. Gallagher International Executive, effective 1 May 2011.