News
Regulation tops London market agenda
Uncertainty around regulatory issues - from the replacement of the Financial Services Authority to a global focus on the perceived systemic risks of the insurance sector - remain top of the agenda for London company market insurers.
Axa ready for referrals ‘hurt’ - Insurance News Now – 30 June 2011
Post news editor Mairi MacDonald outlines this week's major general insurance stories including the response of Axa personal lines boss Steve Hardy, on the insurer’s decision to stop accepting referral fess from personal injury lawyers.
Regulation tops London market agenda
Uncertainty around regulatory issues - from the replacement of the Financial Services Authority to a global focus on the perceived systemic risks of the insurance sector - remain top of the agenda for London company market insurers.
Axa ready for referrals ‘hurt’ - Insurance News Now – 30 June 2011
Post news editor Mairi MacDonald outlines this week's major general insurance stories including the response of Axa personal lines boss Steve Hardy, on the insurer’s decision to stop accepting referral fess from personal injury lawyers.
Senior claims trio leaves Axa
Three directors from Axa Personal Lines claims division including managing director Tony Peppard have stepped down from their roles.
Claims solution targets London market
IT provider Scyllogis Consulting has formed a partnership with Fineos Corporation to support the integration and implementation of new automated claims related software aimed at the London market.
Solvency II white paper addresses importance of operating efficiency
A white paper addressing the importance of operating efficiency in the build up to the revised regulatory requirements of Solvency II, has been published by DST Global Solutions.
JLT launches European Real Estate Group
Real estate experts from the JLT Specialty in London will team up with network partners throughout Europe following the formation of a new European Real Estate Practice Group.
Solvency II white paper addresses importance of operating efficiency
A white paper addressing the importance of operating efficiency in the build up to the revised regulatory requirements of Solvency II, has been published by DST Global Solutions.
JLT launches European Real Estate Group
Real estate experts from the JLT Specialty in London will team up with network partners throughout Europe following the formation of a new European Real Estate Practice Group.
Mitsui appoints P&C head
Mitsui Sumitomo at Lloyd’s has appointed Graeme Rayner as head of underwriting, property and casualty, as part of a plan to expand ni the UK and Irish markets.
Aspen names head of distribution
Aspen Insurance has appointed Jonny Atkinson as manager, distribution and business development in the UK.
Chaucer outlines delisting timetable after scheme sanctioned
Following an application by Chaucer to the UK Listing Authority, it is expected that trading of Chaucer Shares on the main market of the London Stock Exchange will be suspended from 4:30pm on 30 June 2011.
Wemmer to leave by the end of the year, says Zurich
Zurich has announced that Dieter Wemmer, its chief financial officer and regional chairman of Europe, is to leave the group by the end of the year to pursue new opportunities outside of the insurer.
Wemmer to leave by the end of the year, says Zurich
Zurich has announced that Dieter Wemmer, its chief financial officer and regional chairman of Europe, is to leave the group by the end of the year to pursue new opportunities outside of the insurer.
Kwik-Fit appoints head of compliance and risk
The former director for the Bank of Ireland and Clydesdale Bank Ricky McCracken has been appointed to new head of compliance and risk for Kwik-Fit Financial Services.
Professional indemnity Q&A in association with Zurich
With the solicitors' professional indemnity renewal date approaching, Jenny Screech, legal professions manager at Zurich, discusses the current PI climate with John Malpas, the editor-in-chief of Post's sister title Legal Week.
Axa bans referral fees
Axa said that it will no longer accept referral fees from personal injury lawyers and has called for whiplash injury reform to eliminate fraud within the industry.
Another Aviva exec departs as Marsh is hit with new lawsuit
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ICO to investigate Jack Straw’s claims
A spokesman for the Information Commissioner’s office has confirmed that it is launching an investigation into claims from Mr Straw that motor insurers who sell clients' details to personal injury lawyers are breaking the law.
Financial services firms to see surge in PE investment, report says
According to new research from accountancy firm Grant Thornton, more than two thirds of private equity houses are set to invest in financial services firm in the next twelve months.
Financial services firms to see surge in PE investment, report says
According to new research from accountancy firm Grant Thornton, more than two thirds of private equity houses are set to invest in financial services firm in the next twelve months.
Helphire issues profit warning after revealing £29m accounting error
Credit hire firm Helphire has issued a profits warning after revealing a financial overstatement of £29m relating to credit hire and repair.
Mapfre wins Avanti deal
Mapfre Assistance has been awarded a contract to provide travel insurance and assistance services to Avanti Travel Insurance.