News
Post and features editor Leigh Jackson scoop prestigious awards
Post Magazine was acclaimed again at the 2011 Association of British Insurers Financial Media Awards.
Covea clarifies launch delay speculation
In response to speculation regarding the launch of its new price comparison site, a spokesman told Post, Covea has reviewed its launch schedule following “valuable discussions” with consumers and its insurance partners.
RSA names regional manager
RSA has appointed Lee Mooney as regional manager, North east. He takes up the role with immediate effect.
Groupama reorganises commercial underwriting operations
Groupama has reorganised its commercial underwriting operations in Manchester in a move it hopes will maximise the potential of the growing number of business opportunities identified in each region.
Antares expands specie team
James Glynn is to join specialist Lloyd’s insurance business Antares as specie deputy underwriter with immediate effect.
EU & US conduct tests for cyber attacks in 'Cyber Atlantic 2011'
The first test of trans-Atlantic responses to cyber incidents, including cyber attacks, has taken place in Brussels.
DAS appoints operations head
DAS Group has named Richard Harris as head of claims assistance.
Strong US ties help rate Axa's entities as 'AA-'
Axa has had all its entities' insurer financial strength ratings affirmed at 'AA-' by Fitch Ratings.
Essay on financial regulation wins University DIMA prize
An essay on financial regulation has won this year's annual essay competition for graduates in BA International Insurance and European Studies at The Kemmy Business School, University of Limerick, Ireland.
RBSI sees slight dip in profit Q2 to Q3, but happy with performance YTD
Royal Bank of Scotland Insurance this morning reported an underwriting profit of £761m in 2011 to date - an increase of £591m versus September YTD 2010.
ESMA, EBA, and EIOPA appoint members of joint board of appeal
The three European Supervisory Authorities, ESMA, EBA, and EIOPA respectively, today appointed members and alternates of their joint board of appeal.
Thai floods: Insured losses creep up
Global reinsurance broker Aon Benfield has estimated the insured losses from the floods in Thailand could be at least US$4.6bn.
Parliamentary debate on no win no fee an “utter disgrace”
The Association of Personal Injury Lawyers has criticised the lack of parliamentary time allowed to discuss no-win, no-fee proposals in the Legal Aid, Sentencing and Punishment of Offenders Bill, during report stage.
Miller poaches professional indemnity expert from Aviva
Miller has today confirmed the appointment of former Aviva professional indemnity expert Mark Carver.
Reaction to proposed ELD extension
The CEA claims the proposed extension to the Environmental Liability Directive will be damaging for European insurers. Francesca Nyman asks the market for its initial reaction to the proposal.
Aviva remains cautious over motor profits
Insurer Aviva has warned that claims inflation is still holding back personal lines motor profits despite rate increases.
Ecclesiastical drops schemes duo
Ecclesiastical is ditching its schemes and affinities director Tony Bloomer, and its national scheme manager, Hazel White, and integrating its schemes business into its regional network.
ABI updates on scale and impact of whiplash “epidemic” in the UK
At a whiplash conference yesterday (2 November) James Dalton from the Association of British Insurers made a speech about the insurance industry’s perspective on whiplash.
Justice Bill clears the Commons
The Legal Aid, Sentencing and Punishment of Offenders Bill has been voted through by 306 votes to 228.
Financial market volatility hits Swiss Re’s core combined ratio
Swiss Re saw the combined ratio for its property and casualty segment increase to 80.8% for the third quarter of 2011 due largely to financial market volatility.
CNA Europe forms new pan-European Underwriting Committee
CNA Europe has appointed Rhonda Buege to the newly-created role of underwriting officer for HealthPro, its specialist offering to the healthcare industry.
JLT aims to be top Italian broker with Marine & Aviation acquisition
Jardine Lloyd Thompson Group has signed heads of agreement to combine its existing Italian broking business Jardine Lloyd Thompson SpA. with the business of Marine & Aviation SpA.
US expected to achieve Solvency II equivalence
The US solvency regime for insurers is expected to achieve equivalence with the European Union's Solvency II requirements according to Fitch Ratings.
Markel recruits from Willis to strengthen Italian PI and D&O book
Markel has appointed Davide Balocco as senior underwriter in professional liability division to focus on its Italian book.