News
Market awaits Quinn fallout
Brokers, trade bodies and insureds in the UK and Ireland were seeking further clarification as to the true financial situation at Quinn's insurance businesses as Post went to press, amid mounting speculation that intermediaries are already seeking to…
Miller hails Katkhuda capture
Broker Miller has recruited Sebastian Katkhuda to work on global programme strategy, placement and servicing for major corporate clients within the UK and Europe.
Biba cautious over FSCS announcement
Chief executive Eric Galbraith calls for compensation funding model to be addressed.
Zurich names CEO's successor
Zurich Financial Services has appointed Cecilia Reyes as chief investment officer and member of the group executive committee, effective 1 April 2010, reporting directly to chief executive officer Martin Senn.
Towergate Underwriting strikes liability deal with QBE and Novae
Towergate Underwriting Liability and Construction has launched a new special risks liability facility backed by insurers QBE and Novae.
AJ Gallagher swoops for two Lockton brokers - sources
Garry Taylor and Dave Cousar are set to join growing acquisitive broker AJ Gallagher, Reinsurance sources have said.
FSCS rules out interim broker levy for 2009/10
The Financial Services Compensation Scheme has ruled out a multi-million pound interim levy on insurance intermediaries this financial year in favour of introducing a £61m levy in 2010/11.
Zurich names CEO's successor
Zurich Financial Services has appointed Cecilia Reyes as chief investment officer and member of the group executive committee, effective 1 April 2010, reporting directly to chief executive officer Martin Senn.
Mondial Assistance names regional Benelux boss
Mondial Assistance has named current director for Northern Europe, Middle East and Africa Mike Webb as its head of the Benelux region.
Mutual outlines plans to move into the broker market
Benenden Healthcare Society, a mutual that provides healthcare to public sector workers and co-operatives such as John Lewis, plans to sell its low-cost policies via intermediaries for the first time as it aims to increase its share of the market.
Cooper Gay staff to get no bonuses in 2010
The UK broker will not issue its staff with bonus payments this year, Reinsurance has learned.
Mondial Assistance names regional Benelux boss
Mondial Assistance has named current director for Northern Europe, Middle East and Africa Mike Webb as its head of the Benelux region.
Reinsurance TV: WIF and the Bermuda Reinsurance Club
Reinsurance editor Katherine Blackler talked to the great and the good of Bermuda and London at the World Insurance Forum and Bermuda Reinsurance Club events earlier this month.
Groupama claims SME first with launch
Groupama Insurances is offering tradesman cover for part-time workers at a reduced per capita rating through its Optima Trade Plus policy.
Axa study compares GB young drivers with European counterparts
An international research study from Axa has shown that young British drivers are a better risk on the road than some of their European counterparts.
Aspen Chile quake losses up to $110m
Aspen announces its preliminary loss estimates for Chile earthquake, European Windstorm Xynthia and the Australian hailstorms and floods.
Anti-fraud group steps up battle against spurious claims
Following recent concerns about fraud in cash plans, the Health Insurance Counter Fraud Group has decided to create a new category of associate membership for all cash plan providers in the UK.
Swiss Re appoints new UK boss
Russell Higginbotham has been appointed as head of client markets for Swiss Re in the UK & Ireland.
Axa study compares GB young drivers with European counterparts
An international research study from Axa has shown that young British drivers are a better risk on the road than some of their European counterparts.
Swiss Re appoints new UK boss
Russell Higginbotham has been appointed as head of client markets for Swiss Re in the UK & Ireland.
Ex-SSP director joins Target Harlosh
Insurance software solutions provider Target Harlosh has appointed Mark Mullin as head of insurance services, to spearhead the company’s expansion plans in the UK and across Europe, Middle East and Africa and Asia Pacific.
Prudential to pay out £20m in bonuses to AIA key staff
Prudential is planning a multi-million pound bonus scheme to lock in executives at AIA, the Asian arm of AIG it is in the process of acquiring.
Chaucer outlines windstorm and earthquake estimates
Chaucer today it had completed its estimate of losses from the Chilean earthquake and European Windstorm Xynthia.
ICAB revises rental offering
Insurance Claims Accommodation Bureau has restructured its rental department.