News
Allianz launches on Go Compare
Allianz Insurance’s online-only car insurance offering, Your Cover insurance, is now available Go Compare.
Hannover Re buys Scottish portfolio
Hannover Re has agreed to buy a reinsurance portfolio from Scottish Re (US).
Giles to sell life sciences business
Giles Insurance Brokers is to withdraw from the life sciences insurance market.
Axis Claimspro targets global expansion
Axis Claimspro, the UK and International specialist loss adjusting operation and European division of Canada’s SCM Insurance Services, is targeting expansion of its specialist cash in transit dedicated claims support service on a worldwide basis
Hastings unveils partnerships division
Hastings Insurance Services has launched a new specialist division to handle the company’s affinity and partnership business.
Lloyd’s confirms Nelson appointment
Lloyd’s has confirmed that John Nelson will become chairman of the insurance market in October replacing Lord Levene.
Parliament cracks down on uninsured drivers
A new system to tackle uninsured driving has moved a step closer with road safety minister Mike Penning laying the final regulations in Parliament.
Hannover Re buys Scottish portfolio
Hannover Re has agreed to buy a reinsurance portfolio from Scottish Re (US).
HDI-Gerling swoops for Ace manager to open second UK office
Industrial insurance company HDI-Gerling has announced the creation of its second UK regional hub in Birmingham, England.
Lloyd’s lines up next chairman
John Nelson, the former investment banker who chairs Hammerson, the FTSE 100 property company, is being lined up as the next chairman of Lloyd's of London, according to Sky News.
Chaucer estimates Japan losses at between £27m and £35m
Chaucer Holdings has revealed an exposure to the Japanese tsunami-earthquake on 11 March 2011 of between £27.5 - £35m. As a result of this and other recent natural catastrophe events, Chaucer said it is to seek a “marked rise” for its catastrophe cover.
Kiln launches first carbon credit insurance product
A carbon credit insurance product developed by Parhelion Underwriting was underwritten by Kiln for a major international bank last week.
Moody's keeps Dutch outlook at negative
The outlook for the Dutch insurance industry remains negative as a result of a continuous decline in insurers’ revenues, according to rating agency Moody’s.
Lockton aims for “uninsurable” risks
Lockton is to launch enterprise disruption contingency insurance, designed to help companies cope with previously “uninsurable” risks.
TGSL hires commercial director
Transactor Global Solutions Limited has appointed Chris Newman as commercial director, with responsibility for sales and marketing activities, and the expansion of TGSL into additional insurance markets.
NIG underwriter joins Plum
Household insurance specialist Plum Underwriting has hired two underwriters.
Kiln launches first carbon credit insurance product
A carbon credit insurance product developed by Parhelion Underwriting was underwritten by Kiln for a major international bank last week.
Moody's keeps Dutch outlook at negative
The outlook for the Dutch insurance industry remains negative as a result of a continuous decline in insurers’ revenues, according to rating agency Moody’s.
Sean Quinn rues "mistakes” across empire
Sean Quinn admitted he "made mistakes" in his business career while thanking supporters for the role they played in helping keep Quinn Group in business.
Axa: Men more likely to exaggerate an insurance claim than women
Axa has reported a rising trend in exaggerated claims.
Dual MGA enters property market
VK Underwriting has taken its first steps towards expanding its product range beyond its core specialty lines by entering the property market.
Towergate appoints non-exec chairman
Towergate has named Alastair Lyons as its non-executive chairman.
Insurers facing £38.6m ARP cash call
Solicitor’s professional indemnity qualifying insurers will have to pay £38.6m to fund the assigned risks pool this year.
IUA issues Bribery Act warning
The International Underwriting Association has urged insurers to make certain that they are managing the risks associated with the new Bribery Act.