News
Laspo and new MoJ consultation to create litigation funding gap
Claimants without legal expenses insurance will face significant deductions from damages from the introduction of Legal Aid, Sentencing and Punishment of Offenders Act and findings from the Ministry of Justice’s consultation on law firms' cost recoveries…
Liberty Mutual unveils new general manager
Liberty Mutual Insurance has appointed Neil Findley, to the newly created role of general manager for the regions.
Towers Watson adds to M&A team in Singapore
Professional services firm Towers Watson has appointed Alan Merten (pictured) as director, risk consulting & software, and a member of its Asia Pacific leadership team.
Halifax warns of £32bn technology insurance black hole
More than one in 10 people do not have sufficient insurance for their technology devices, creating a £32bn insurance black hole, according to the Halifax.
Meteor damages 3000 Russian homes and businesses
Broken glass from the impact of a meteor has damaged more 3000 homes and businesses in Russia.
Landslides and floods in Indonesia kill 15
Seven hamlets were left devastated by landslides and floods in Manado, the capital of North Sulawesi province in Indonesia, after torrential rain.
United India Insurance targets rural retail growth
The United India Insurance chairman and managing director wants to increase premiums to 10bn rupees ($1.84bn) by the end of the fiscal year.
Novae seeks insight into the future of insurance
Novae Group has launched its first industry survey into the future of the insurance industry.
Zurich and Generali linked with Spain's "bad bank"
Italy’s Generali and Switzerland’s Zurich will invest in a Spanish bank set up by the government to manage toxic property assets, according to Reuters.
RTA Portal's protocols, forms and rules to be decided in March
The Ministry of Justice has confirmed the meeting to decide on the final form of the protocols, forms and rules will take place on 8 March 2013.
Crash for cash fraudsters jailed over fatal collision
Three men who orchestrated a crash for cash scheme that led to the death of an innocent motorist have been jailed.
AIG hires EMEA large limits exec
AIG has appointed Sami Sayegh as large limits executive, property for Europe, Middle East and Africa.
Bruce returns to market with RSA role
Cathie Bruce has joined RSA as distribution manager, four months after leaving UK General where she was managing director of commercial insurance for just under a year.
UK General backs Chinese restaurant insurance scheme
UK General has set up a scheme with Sunderland-based broker Newton Lee to provide insurance cover to the Chinese restaurant and takeaway sector.
Ace's Clabby to deliver keynote at ISE 2013
Insurance Insight has confirmed the first speakers for its 2013 Insurance Strategy Europe conference.
Bluefin signs software deal with CDL for Leeds hub
Bluefin appointed insurance software provider CDL for its personal lines platform in Leeds.
Flood-ravaged 2012 leaves insurers picking up £1.19bn bill
The Association of British Insurers has heaped praise on firms for their part in helping more than 1300 UK customers a day deal with the disruption caused by the second wettest year on record.
Willis deputy chairman to step down
Willis Group’s deputy chairman Martin Sullivan will leave the firm in May 2013 to pursue other interests.
BGL swoops for RSA compliance boss
BGL group has announced that RSA’s head of UK regulatory risk and compliance is to join the insurance group to head up compliance.
Lewis calls for rate action after Zurich commercial lines manages 6% rise in 2012
Zurich general insurance chief executive Stephen Lewis has defended his firm's "sound underlying core" performance after operating profit fell by 46% in 2012.
Willis deputy chairman Sullivan exits
Willis Group’s deputy chairman and global solutions chief executive Martin Sullivan is to depart the broker in May.
Russian meteor explosion injures 250
The explosion of a meteor above the Ural mountains in central Russia has left 250 people injured, three seriously, according to reports.
7-Elevens to sell insurance in Thailand
Insurance with a maximum value of 1 000 baht will be sold at 7-Elevens across Thailand.
Three bids for major Turkish insurance business
Allianz, Dai-ichi Life and Zurich are in the process of making bids for Yapi Kredi Sigorta, the insurance arm of Yapi Kredi Bank in Turkey, according to senior banking sources.