News
Ingosstrakh responds to PPF alleged fraud developments
Mikhail Volkov, deputy chairman of the board of directors at OJSC Ingosstrakh has responded in a statement to the ongoing PPF fraud case.
Court upholds arrest of accused PPF $15m fraudster
The Moscow City Court has upheld the arrest of Yekaterina Alabuzhina, accused of defrauding Мartin Schaffer, a representative of the PPF Group, of $15m, the court's press office told the Russian Agency for Legal and Court Information.
Canopius acquires K Drewe and Look
The largest privately owned Lloyd’s company, Canopius, has acquired the businesses of K Drewe Insurance Brokers Limited and Look Insurance Services Limited.
Portuguese broker MDS targets Spain
Portuguese retail broking giant MDS has confirmed expansion plans for Spain.
Oval backs Olympic hopeful
Oval is to sponsor Tom Allen, an 18 year-old Olympic swimming hopeful from Wales.
Reforms to civil litigation costs will block road to justice
Ken Clarke’s announcement today that the Government will press ahead with reforms to the civil litigation system has been met with disbelief and serious concerns.
JLT predicts construction growth in the Nordic region
JLT Specialty Limited predicts construction growth in the Nordic region over the next three years supporting a recent report from Veidekke, one of the Nordic Region's largest contractors.
JLT predicts construction growth in the Nordic region
JLT Specialty Limited predicts construction growth in the Nordic region over the next three years supporting a recent report from Veidekke, one of the Nordic Region's largest contractors.
Fitch upgrades Italian insurance market
Fitch Ratings has revised the rating outlook for the Italian non-life insurance market to stable from negative, on the grounds of improving profitability driven by premium rises and better risk selection.
Axa hires Stewart as commercial director
Axa has hired Alasdair Stewart, formerly of the Chartered Insurance Institute (pictured right), to the position of commercial director.
RBSI names Palmer as NED
Royal Bank of Scotland Insurance has appointed former Legal & General finance director Andrew Palmer as a non-executive director.
Clarke outlines CFA plans
Justice secretary Ken Clarke has confirmed that the government will modify ‘no win, no fee’ arrangements with its implementation of the Jackson Review.
Let Alliance appoints Ian Shackell to the board as non-exec
Let Alliance Ltd has appointed a new non-executive director Ian Shackell to its board of directors.
Fitch upgrades Italian insurance market
Fitch Ratings has revised the rating outlook for the Italian non-life insurance market to stable from negative, on the grounds of improving profitability driven by premium rises and better risk selection.
Lockton Middle East subsidiary gains chartered status
Lockton subsidiary Lockton MENA Limited has succeeded in its application to achieve Chartered Broker status from the Chartered Insurance Institute.
Momentum signs up to Aldermanbury Declaration
Momentum Solutions, the broker network headed by former Oval managing director Howard Pepper, has signed up to the Aldermanbury Declaration.
Towers Watson expands in Turkey
Towers Watson has expanded its presence in Turkey by establishing a new subsidiary - Towers Watson Danışmanlık Ltd. Şti - in Istanbul. It has also appointed Süha Alıcı, who has been with Towers Watson since 2007, as managing consultant.
Personal injury fraudster jailed
A man who made a £1.35m claim for damages for injuries in a car crashhas been jailed for a year after a court found him guilty of contempt of court.
S&P confirms Allianz' Japan rating
Standard & Poor's has confirmed its AA- (stable) rating of Allianz Fire and Marine Insurance Japan.
Insurers landed with $43bn cat bill
The insurance industry was hit with a $43bn (£26.8bn) exposure for natural catastrophes and man made disasters during 2010, research from Swiss Re has revealed.
Towers Watson expands in Turkey
Towers Watson has expanded its presence in Turkey by establishing a new subsidiary - Towers Watson Danışmanlık Şti - in Istanbul. It has also appointed Süha Alıcı, who has been with Towers Watson since 2007, as managing consultant.
Brightside reports 48% rise in revenue
Brightside increased its revenue by 48.1% to £66.2m in 2010 (2009: £44.7m).
S&P confirms Allianz' Japan rating
Standard & Poor's has confirmed its AA- (stable) rating of Allianz Fire and Marine Insurance Japan.
Generali responds to stock market request on PPF
In response to a request by Consob Italy’s stock market regulator, insurance group Assicurazioni Generali has issued a statement detailing the terms of its deal with Czech-based financial business PPF Group.