News
Ace dental plan gains foothold in Asia
Ace Asia Pacific, part of global (re)insurer Ace Group, has extended its Ace Dental Care plan to several Asian countries.
First Assist in Legal 4 Landlords deal
First Assist Legal Protection has signed a deal with Legal 4 Landlords to provide up to £50 000 of legal expenses insurance for property disputes, including eviction, and ongoing rental payments in the event of tenant default.
MPs demand changes to riot payments
MPs on the Home Affairs Committee have demanded the government speed up payments to victims of future riots and permanently extend the application deadline to 42 days.
Towergate signs development manager
Towergate Underwriting has announced that Eileen McFadden will be heading up the newly created role of corporate partner development manager at the firm.
RK Harrison appoints Rennick for HNW
Employee-owned insurance broker RK Harrison has taken on Marcus Rennick, the former head of private clients at Marsh and HSBC, to grow its high net worth business with a particular focus on the South East.
Insurers warn of Christmas car crashes
According to Axa there has been a 45% rise in accidents between 20 and 24 December over the past two years compared with the rest of December, meaning up to 56 000 drivers could be involved in a collision during this period.
19 December: A not so bright idea
Finding your keys after an alcohol-fuelled night out is never easy. Perhaps even less so when you are on holiday.
18 December: Posing peacock
Peacocks aren’t considered a traditional family pet, but one family couldn’t imagine life without theirs until one afternoon…
17 December: Feeling peckish?
The diet of woodpeckers consists mainly of insects and their grubs taken from living and dead trees, and other arthropods, along with fruit, nuts and saps both from live trees.
Charles Taylor and RBL Italia enter Italian loss adjusting association
International loss adjuster, Charles Taylor Adjusting, has entered an exclusive association agreement with RBL Italia Srl in Italy to work together on all non-marine classes of business.
Charles Taylor adjusting and RBL Italia enter loss adjusting association in Italy
International loss adjuster, Charles Taylor adjusting, has entered an exclusive association agreement with RBL Italia in Italy to work together on all non marine classes of business.
Financial services poll
Is a “paradigm shift” needed to restore confidence in Europe’s financial services?
Europa placed on positive watch ahead of acquisition
Europa has had its rating watch upgraded in high of its proposed takeover by Talanx.
EC data protection regulations could generate opportunities for cyber insurers
Draft regulations from the European Commission on data protection will impose significant demands on businesses and could generate new opportunities for cyber insurers, according to law firm DAC Beachcroft.
Motor insurers challenged to ditch mainstream methods for competitive advantage
Motor insurers must challenge mainstream thinking and draw from experiences in other industries if they are to truly gain competitive advantage over their peers according to a report out today.
Scor expects €140m in Thai flood losses
French reinsurer Scor estimates its losses from the floods in Thailand at €140m net of retrocession and before tax.
Data protection measures could increase demand for cyber risk products
DAC Beachcroft said that draft regulations from the European Commission on general data protection which recently appeared online will introduce “wide ranging changes” to the data protection regime in Europe.
Partner Re to take $88m charge from Tohoku quake
PartnerRe is set to record a charge of approximately $88m (€67.2m) to reserve the full limit of its Tohoku Earthquake exposure related to its largest Japanese cedant.
Kennedys invests in transport and logistics with key appointment
Kennedys today confirmed the appointment of Christine Branton, in a move which is expected to boost the international litigation firm’s transport and logistics practice.
FSA appoints Peter Vipond
The Financial Services Authority has appointed former ABI employee Peter Vipond as head of department, insurance division.
Insurers respond to proposed dangerous dogs guidelines
Yesterday judges published the first proposed sentencing guidelines for people convicted for dangerous dog offences in England and Wales.
Quinn loan saga continues
The wife of bankrupt businessman Seán Quinn claims she does not have to repay a €3m bank loan, according to the Irish Times.
Allianz Engineering steps up surveyor recruitment
Allianz Engineering has increased its engineer surveyor workforce with an additional 21 surveyors entering the field in the past quarter, bringing the total to 34 for the year.
Homeserve hires non-executive director
Homeserve has appointed Ben Mingay to the board as a non-executive director from 1 January 2012.