News
Harrison to head Travelers’ risk control
Richard Harrison has switched from Chubb to lead the risk control function for Travelers in the UK and Ireland.
Money Supermarket launches car insurance app
Money Supermarket has launched a “front-end” motor insurance app for the Iphone.
Hotter, wetter and windier weather poses a threat to insurers
The Inter-governmental panel on climate change has identified rising temperatures, heavier rain and stronger winds as threats to insurers.
JLT Re recruits MD for Asia Pacific expansion
JLT Reinsurance Brokers has appointed Stuart Beatty as managing director, Asia Pacific, JLT Re Fac.
Keoghs grows with two appointments
Insurance claims law firm Keoghs has hired two new partners – insurance fraud specialist Paul Smith and risk and compliance director Philippa Hayes.
CII president calls for focus on youth
Chartered Insurance Institute president Julian James has laid out an ambitious manifesto for his CII centenary term of office aimed at bringing in new blood to the industry.
Climate Wise reports zero improvement
Climate Wise member firms' compliance with the climate change group’s principles has stagnated at 88% after three years of improvements from a starting score of 65%.
Insurance Insight Update - 18 November
Insurance Insight’s weekly update is live with an article on the importance of insurance policies keeping pace with the evolution of risk; and a View from the Top on how new players can take advantage of opportunities in the Swedish non-life market.
Outside investment poll result
Is outside investment the solution to Groupama’s woes?
Omega 2011 catastrophe losses increase by $6m
Omega Insurance results for the nine months to 30 September 2011 show gross written premiums down to $258.5m (2010: $308.5m).
RFIB opens in Saudi Arabia
Lloyd’s broker RFIB has opened its office in Saudi Arabia, after being granted an intermediary license by the Saudi Arabian Monetary Agency to conduct insurance and reinsurance business earlier this year.
Insurers unite on winter tyres
The Association of British Insurers is set to unveil a list of major motor players that have agreed not to charge an additional premium to policyholders for the fitting of winter tyres.
Willis names global analytics CEO
Willis Group Holding has named Rowan Douglas as CEO of its Global Analytics division.
Catlin and China Re join forces to create special purpose syndicate
Lloyd’s reinsurer Catlin has formed a strategic partnership with China Reinsurance Corporation, the country's only state-owned reinsurance group.
Vienna Insurance reports 4% premium increase for first nine months
Austrian insurer Vienna Insurance Group reported consolidated written premiums of €6.8bn in the first nine months of 2011, a 4% increase year on year.
RFIB appoints Anthony Harris to run Saudi Arabian office
Lloyd’s broker RFIB Group has announced that Anthony Harris will be heading up the firm’s newly opened office in Saudi Arabia.
Kiln reports 2009 is on track, but 2010 outlook is bleak
Kiln has revealed its 2009 year of account is on track to deliver ‘excellent’ returns, but the unprecedented level of catastrophe activity and reduced investment income has left its 2010 year of account depressed.
UKRC calls for better provisions for sick staff
The UK Rehabilitation Council is demanding the introduction of proactive return-to-work strategies for sick staff, as the Department for Work and Pensions prepares to publish its sickness absence review on Monday.
Hiscox London Market announces two appointments
Hiscox London Market has welcomed two new recruits - Guillaume Bonnissent joins the specialist insurer as line underwriter for personal accident and Rob Ashton comes on board as line underwriter for special risks and personal accident XL Reinsurance.
Eiopa president urges caution on counter-cyclical tools
Eiopa president Gabriel Bernardino used his key-note speech at its first annual conference to urge caution with regard to the use of counter-cyclical tools in insurance.
Post Blog: Fail to prepare and prepare to fail
The revised deadline for Solvency II compliance for European Insurers is 1 January 2014. Despite the delay in start date, the reality is insurers cannot afford to be complacent with their plans.
Catlin partners with China Re
Property and casualty insurer Catlin has formed a strategic partnership with China Re to establish Lloyd’s syndicate – the first time a Chinese insurer has directly invested in the market.
Ace snaps up former Chubb regions boss
Ace has today unveiled former Chubb Insurance UK regions manager Carolyn Hamilton as the firm’s new corporate risks regional development manager.
Hastings Direct creates Premier brand
Hastings Direct has launched premier car and motorbike insurance products with additional features and benefits as standard.