News
Law Assist revamps clinical negligence product
Arundel based ATE provider Law Assist, has revamped its clinical negligence product by combining the cover and benefits of three policies into a single policy called Clinical Justice Assist.
Swiss Re appoints new CEO to replace Lippe
Swiss Re's board of directors has appointed Michel Liès as the new group chief executive officer as of 1 February 2012.
AA finds home insurance premiums rising steadily
Home insurance premiums continued a steady upward trend towards the end of 2011, with the average quote for annual buildings, contents and for combined policies rising by 11% over the course of last year.
Dual Ireland appoints Marsh commercial broker
Specialist underwriting agency Dual Ireland has expanded its Dublin-based team with the appointment of Martha Gorman as development underwriter for financial lines.
Motor premiums increase again
According to the AA’s benchmark British Insurance Premium Index the shoparound price for comprehensive motor insurance is now £971.40, a 5.4% increase, from £921.38, over the three months ending 31 December. The annual increase is 15.3%, from £842.69.
APC adds Liberty Mutual to capacity providers
Commercial underwriting agency APC has secured additional capacity from Liberty Mutual Insurance.
Munich Re suffers multi-million euro loss in ship disaster
Munich Re expects its share of claims from the stricken cruise ship Costa Concordia to be in the mid double-digit million euro range.
Chartis re-jig creates three world regions
Chartis is splitting itself into three major geographic areas: the Americas; Asia; plus Europe, Middle East and Africa.
Martha Gorman joins Dual Ireland
Dual Ireland has expanded its Dublin-based team with the appointment of Martha Gorman as development underwriter for financial lines.
AIA tipped to make $6bn ING bid
AIA Group may make a bid for the $6bn Asian insurance operations of ING Groep, according to reports.
Swiss Re names Michel Liès as CEO
Swiss Re global partnerships chairman Michel Liès is to replace Stefan Lippe, pictured, as group chief executive officer effective from 1 February 2012.
Career development: Bluefin recruits in Glasgow
Broker Bluefin has opened a new office in Atlantic Quay, Glasgow, creating nine new jobs.
Career development: LV creates Bristol roles
LV is expanding its Bristol-based operations, creating 50 new roles in the city. The insurer, which employs 500 people in Bristol, is boosting its customer service division and will to bring in the new staff during the first quarter of this year, with…
Career development: Aspen gains chartered status
Aspen Risk Management has been granted chartered status.
News analysis: Groupama UK up for sale — but who will buy the group?
Will Groupama be sold lock, stock and barrel or broken into an insurer and its broker parts?
Hyperion courts Windsor as it takes firm steps towards flotation
The proposed acquisition of Lloyd’s broker Windsor by international broking and underwriting group Hyperion could lead to additional takeover deals in 2012, and would bolster the latter’s chances of initial public offering success, following confirmation…
Aon London HQ move will bolster City’s position
Aon’s decision to move its corporate headquarters from Chicago to London could bolster the City’s position as a major insurance capital.
Government must pass whiplash legislation quickly claim insurers
Insurers have backed calls for legislation, if something is to be done quickly about spiralling whiplash claims in the UK.
News analysis: Insurers and reinsurers must start to focus on emerging ‘peak’ risks
Natural catastrophes: Will previous ‘cold spots’ be targeted by insurers and reinsurers?
Market moves: Insurers and consultants up the pace
As the insurance sector settles into 2012 its activity in the recruitment space has gathered momentum. Insurers had a busy week, with Markel, Mitsui Sumitomo and Royal Bank of Scotland Insurance bringing in fresh faces. Brokers, meanwhile, had another…
Law report: Detrimental treatment of whistleblowers must be influenced by protected disclosure
This law report has been contributed by national law firm Berrymans Lace Mawer.
Law report: Failure to diagnose rheumatic fever contributed to stroke
This law report has been contributed by national law firm errymans Lace Mawer.
Law report: Overtaking driver held liable
This law report has been contributed by national law firm Berryman Lace Mawer.
Expert analysis: Gender confusion
European Commission guidelines provide scant clarity on what is, and isn’t, deemed ‘new’, says Mathew Rutter.