News
Airmic urges buyers to take control through Insurance Act guide
Risk management association Airmic has today (6 January) launched its guide to the Insurance Act 2015, urging risk managers that it is their responsibility to take control of the buying process.
RSA looks to Aviva and ERS for broker relations hires
RSA has hired from Aviva and ERS to add two strategic account directors at the insurer.
Global reinsurance capital levels firm at £273bn, says Guy Carpenter
Overall capital levels for reinsurance have stabilised, with no growth seen for the first time in several years, according to a report from Guy Carpenter.
ICA declares New South Wales storm a catastrophe
The Insurance Council of Australia has declared the storm over the last few days in New South Wales a catastrophe.
Hong Kong's incoming regulator appoints chairman
The Hong Kong government has appointed Dr Moses Cheng Mo-chi as the first chairman of the Independent Insurance Authority.
China's insurers establish government investment fund
China's insurers and reinsurers have established the China Insurance Investment fund in Shanghai's free trade zone.
Foil to meet with MoJ to discuss declining court service post-Jackson
The court service is now performing worse than it was before the Jackson reforms were introduced, according to the majority of the Forum of Insurance Lawyers’ members.
CII grants Aston Scott chartered insurance broker status
Aston Scott has been granted chartered insurance broker status by the Chartered Insurance Institute.
AM Best predicts December storms will pressure 2015 earnings
The December 2015 storms and floods will put pressure on the 2015 earnings of UK property insurers but will have little impact on balance sheet strength and ratings, according to AM Best.
Broker group UIB announces new CEO
Shaun Barrington has been appointed as CEO at international (re)insurance broker UIB Group.
Bluefin appoints CRO and repositions London market broking team
Bluefin has named former risk and compliance director Jane Bean as its new chief risk officer and moved its London market broking team within its retail broking division.
LV and Swiss Re add support to tech innovator
Technology incubator Start-up Bootcamp has partnered with LV and Swiss Re on its Insurtech programme, which announced its 2016 cohort of start-ups last month.
Insurers encouraged to embrace claims apps as customer demand grows
More than one in four consumers would be in favour of using a smartphone app to submit a motor, travel or household claim, new research has found.
Amlin completes merger of two of its subsidiaries
Amlin yesterday (4 January) completed the merger of its two insurance company subsidiaries, Amlin Europe and Amlin Insurance (UK).
Lady Louise Patten joins Gallagher as NED
Arthur J Gallagher Holdings (UK) has appointed Lady Louise Patten as an independent non-executive director, pending regulatory approval.
New structure in marine management at RSA
RSA has created three new roles on its marine management team and announced several other new appointments.
AA launches joint venture in connected car software
The AA has announced an international partnership to develop connected-car technology.
Panes to join McLarens from Crawford
Chris Panes, formerly CEO of Asia for Crawford, is leaving the loss adjuster to join rival McLarens in February.
Chaucer Insurance gets fresh look as Zenith Marque
Chaucer Insurance will be re-branded as Zenith Marque from March following Markerstudy’s acquisition of its UK motor business.
Chaucer Syndicates promotes five in executive reshuffle
Chaucer Syndicates has announced five leadership promotions including naming Bruce Bartell as deputy CEO.
IIS top award for Bermuda-based "trailblazing" CEO Kramer
The International Insurance Society will give its top honour to Donald Kramer, chairman and CEO of Bermuda-based ILS Capital Management.
Willis chief Rowan Douglas awarded CBE in New Year's Honours list
Willis boss and Artemis co-founder Rowan Douglas has been awarded a CBE for service to the economy through risk, insurance and sustainable growth in the New Year’s Honours list.
Ex-DLG MD and Flood Re boss takes reins at Premium Credit
Tom Woolgrove, former managing director of UK personal lines at Direct Line Group, will become Premium Credit CEO this month, replacing Andrew Doman.
Storms' insured loss estimate increases to £1.4bn
Latest estimates from accounting firm PWC suggest insured losses from storms Desmond, Eva and Frank, which battered the UK in December 2015, could reach £1.4bn as Prime Minister David Cameron yesterday (3 January) pledged £40m to repair and improve flood…