News
Scor places €75m catastrophe bond
Global reinsurer Scor has placed a catastrophe bond worth €75m (£62.9m) to protect against European windstorms and Japanese earthquakes.
Consumer pressure group warns Justice Committee over Jackson
The Consumer Justice Alliance Proposed has told the Justice Select Committee that reforms to civil litigation costs will leave injured victims with no route to legal redress.
Markel strengthens retail division with two senior hires
Dave Robson and Graham Morse have been appointed as development underwriters specialising in social welfare.
Brokers braced for IMD meeting
Intermediaries will be given the opportunity to air their views on the review of the Insurance Mediation Directive at a public hearing in Brussels tomorrow.
Brokers braced for IMD meeting
Intermediaries will be given the opportunity to air their views on the review of the Insurance Mediation Directive at a public hearing in Brussels tomorrow.
Lloyd's firm Houlder receives £1.2m cash injection
Houlder Insurance Services has received a £1.2m capital injection from its parent China Merchants Group.
Towergate wins SME deal with Compare The Market
Towergate Insurance has won a long-term contract with price comparison website Compare The Market to provide insurance to SME customers.
Chaucer's international liability division opens for business
Chaucer's new international liability division is now accepting business, the company has announced.
Chaucer's international liability division opens for business
Chaucer's new international liability division is now accepting business, the company has announced.
Markerstudy extends CRIF partnership to boost fraud prevention
In collaboration with Synectics Solutions, CRIF Decision Solutions has enhanced the fraud prevention platform utilised by the Markerstudy Group to provide a consolidated view of risk for any policy application or claim.
Guest named chairman of education mutual
The higher education mutual UMAL and its partner intermediary UMSL have appointed Allan Guest as chairman of their boards.
Garantia Insurance assigned 'A-' rating
Standard & Poor's Ratings Services said today that it assigned its 'A-' long-term counterparty credit and insurer financial strength ratings to Finland-based credit insurer Garantia Insurance Company, with an outlook of stable.
Garantia Insurance assigned 'A-' rating
Standard & Poor's Ratings Services said today that it assigned its 'A-' long-term counterparty credit and insurer financial strength ratings to Finland-based credit insurer Garantia Insurance Company, with an outlook of stable.
CL launches liability fraud unit
Cunningham Lindsey has set up a dedicated unit to tackle the increase in liability fraud.
Tunnicliffe rejoins Marsh from Aon
Andrew Tunnicliffe has left Aon to head up Marsh Risk Consulting – the broker he originally left for a role at Aon Global Risk Consulting.
Ace opens new Watford office
Commercial property and casualty insurance company Ace has opened a larger premises in Watford.
Guy Carpenter awarded broking licence by Chinese regulator
Guy Carpenter has announced that it has been awarded the wholly owned foreign enterprise broking licence by the China Insurance Regulatory Commission.
Questgates wins Allianz contract
Allianz has awarded Questgates a long-term contract for the provision of motor fraud investigation services.
Law report: Slip ruling crucial as UK austerity drive kicks in
This law report was contributed by national law firm Berrymans Lace Mawer.
Law report: Supreme Court rules on without prejudice negotiations
This law report was contributed by national law firm Berrymans Lace Mawer.
Obituary: Industry mourns Shearer
Martin Shearer suddenly passed away on 30 November in hospital, following an operation. He was 53 years old.
Poor claims delivery hits our integrity, say brokers
Brokers have raised concerns that insurers' willingness to pay claims has deteriorated in the last two years, with southwest broker Higos considering blacklisting insurers that undermine its integrity with clients by not paying claims.
ABI backs Law Commission plans for consumer legislation
Law Commission proposals to update consumer insurance legislation for the first time in more than a century have gained the backing of the Association of British Insurers.
E&Y finds young claimants less likely to stay with insurers
Younger policyholders are less likely to stay with an insurer than older ones, regardless of their claims experience, a new pan-European survey has found.