News
Saga looks to customers for interest in IPO plans
Over-50s insurer Saga is to determine customer interest in its proposed stock market float with an online campaign where consumers can register their interest in becoming shareholders.
Towergate announces management shuffle after retail split
Towergate has today announced three appointments as part of the separation of its retail business announced last October.
Amlin Europe opens German office
Amlin Europe has expanded its non-marine business opening an office in Hamburg following approval from German and Dutch regulators.
Markel strengthens in Singapore
Markel International has promoted Li Shengnan to head the offshore energy team in Singapore and appointed Kelvin Lee as assistant manager, finance and operations.
Bangkok rocked by explosions
Political turmoil in Thailand's capital continued over the weekend when 28 people were injured after two explosions at an opposition rally.
China tightens bancassurance rules
The China Banking Regulatory Commission and China Insurance Regulatory Commission are introducing more rules to help protect consumers for when banks sell them insurance products.
Markel acquires Abbey Protection
Markel Corporation has completed a deal to acquire legal expenses insurer Abbey Protection after being granted approval by courts.
SRA publishes names of 136 solicitors forced to close
The Solicitors Regulation Authority has named the 136 firms that failed to secure professional indemnity cover by the 1 October deadline and did not obtain cover during the extended policy period.
Ex-Aviva partnerships boss Middle to start at Ageas next week
Former Aviva strategic partnerships director Ant Middle will begin his new role as Ageas retail and distribution partnerships director next week.
Cunningham Lindsey appointed on Yorkshire plant fire
Firefighters in North Yorkshire are tackling a blaze at a recycling plant near Sherburn in Elmet.
Open GI poaches QBE’s Alexander for sales role
Technology provider Open GI has appointed Kelli Alexander as its new business sales consultant.
LV's Venus promoted to head of broker services
LV Broker has made two new appointments to supports its planned growth in 2014.
Willis UK restructure not aimed at 'cost cutting'
The restructuring of Wills Group’s UK operations is designed to fuel growth and is “not an exercise in cost cutting” according to UK retail head David Martin.
Cunningham Lindsey hails training after 55% increase in CILA passes
Seventy-three members of Cunningham Lindsey’s claims handling staff gained their CILA qualifications in 2013, over 55% more than the previous year.
Aviva teams up with Astra to sell life products
Astra International, a large publicly listed Indonesian conglomerate and Aviva, has signed an agreement to form Astra Aviva Life, a 50-50 joint venture to sell and distribute life insurance products in Indonesia.
Hong Kong 'could become reinsurance centre'
Speaking at this week's Asian Financial Forum, China Investment Corporation (Hong Kong) chairman Laurence Lau Juen-yee said Hong Kong could develop into a reinsurance hub by utilising the large capital pool of the mainland.
Floods and landslides hit the Philippines and Indonesia
Over 30 people have died and tens of thousands of people have been displaced in the Philippines and Indonesia following torrential rain causing floods and landslides.
JLT eyes more acquistions in Hong Kong
Following the broker's acquisition of Lambert Brothers, JLT's acquisitive nature could lead to more acquisitions in the SAR according to its Hong Kong managing director.
UK car insurance premiums fall by 12.5%
Rate reductions in the fourth quarter contributed to average annual savings on a comprehensive motor policy of £92 but selective price increases are beginning to appear, the most recent Confused index has shown.
GB chairman eyes long-term gains following product expansion
GB Underwriting has penned a new underwriting arrangement with WR Berkley Europe to provide a comprehensive range of products to meet the needs of its construction-focussed customer base.
Cunningham Lindsey opens Chiang Mai office
Loss adjuster Cunningham Lindsey has opened its fourth office in Thailand situated in Chiang Mai.
AIG names banking boss who quit over "hostile environment" as non-exec
AIG Europe has boosted its board with a trio of appointments, including a former Banque AIG boss whose resignation in 2009 almost triggered crisis at the insurer.
Elite launches in-house anti- fraud team
Elite Insurance has launched a new in-house fraud prevention department in a bit to combat rising insurance premiums for honest policyholders.
Cooper Gay launches Australian wholesale division
Cooper Gay (Australia) has launched a new wholesale division for the Australian insurance market.