News
Operational risk management raises profile in Germany
Operational risk professionals from across Germany have launched an organisation in Frankfurt am Main dedicated to strengthening their ability to reduce the likelihood and impact of threats on business and financial services.
PRA insurance role to be outlined
The Prudential Regulation Authority has been confirmed as the supervisory body for insurance companies with a detailed guide on its work with the industry to be published next month.
Legislation set to impact international reinsurers' exposure to Japanese earthquake damage
City law firm Reynolds Porter Chamberlain will explain the important areas of a new Japanese insurance law that will affect reinsurers' exposure to the Japanese earthquake damage at a talk on Friday 20 May.
Chartered: A Broker's view: Barnett & Barnett
In the second of a three part series Post and Insurance Age editor-in-chief Jonathan Swift talks to Barnett & Barnett Compliance and training manager Toni Richardson about the benefits for a broker in being chartered.
Guernsey given green light by Hong Kong Stock Exchange
Guernsey has received the green light for its companies to list on the Hong Kong Stock Exchange.
Amlin AG appoints new board member
Professor Stefan Materne has been appointed to the board of directors of Amlin AG in Zurich.
Lloyd’s recreates underwriting room in Warsaw
The historic Lloyd's Underwriting Room has been recreated in Warsaw at an event in Poland.
Guernsey given green light by Hong Kong Stock Exchange
Guernsey has received the green light for its companies to list on the Hong Kong Stock Exchange.
Amlin AG appoints new board member
Professor Stefan Materne has been appointed to the board of directors of Amlin AG in Zurich.
Lloyd’s recreates underwriting room in Warsaw
The historic Lloyd's Underwriting Room has been recreated in Warsaw at an event in Poland.
Direct Line hails death of the aggregator
Responding to an investigation from consumer magazine Which? that claims aggregators display a lack of transparency to the consumer Direct Line has said that providers in this space “are not always what they seem”.
Prostitutes invited to Munich Re-owned Ergo party
Munich Re has confirmed that one of its business units invited 20 prostitutes to a Budapest party to reward the insurer’s high- performing agents.
Lloyds execs to hand back bonuses
Lloyds Banking Group is taking back part of the bonuses awarded to senior executives as a result of the £3.2bn hit the bank took for mis-selling payment protection insurance.
Dexia Insurance Belgium's parent Eurco sees ratings upgraded
The position of Dexia Insurance Belgium is now viewed with more certainty, as it is parent Eurco has its rating upgraded.
Prostitutes invited to Munich Re-owned Ergo party
Munich Re has confirmed that one of its business units invited 20 prostitutes to a Budapest party to reward the insurer’s high- performing agents.
Dexia Insurance Belgium's parent Eurco sees ratings upgraded
The position of Dexia Insurance Belgium is now viewed with more certainty, as it is parent Eurco has its rating upgraded.
Chaucer bolstered by rate rises across UK and energy portfolios
Chaucer this morning reported gross written premium income of £274.1m for the first quarter of 2011 (2010 Q1: £250.1m).
UK hailed as whiplash capital of Europe
The Association of British Insurers has today called for a clampdown on the UK’s "pain in the neck culture" that it says has made the UK the whiplash capital of Europe.
Hebburn and Hiscox among winners at first ever Claims Awards
Roy Hebburn, divisional claims manager (technical) at Allianz was handed the inaugural achievement award at last night’s Claims Awards ceremony.
UK hailed as whiplash capital of Europe
The Association of British Insurers has today called for a clampdown on the UK’s "pain in the neck culture" that it says has made the UK the whiplash capital of Europe.
Biba 2011: Aon president dismisses contingent commission concerns
Aon president Greg Case has stressed that the issue of contingent commissions in the US was never a major issue as the broker instead focuses on the "transparency" it offers its clients.
Hill Dickinson merges practices after strategic review
Hill Dickinson has merged its insurance and professional risk practices following a strategic review of the business. As a result of the changes, Ruth Lawrence, who joined the Liverpool-headquartered firm 20 years ago as a solicitor, assumes the role of…
Greenwoods tackles fraud
Greenwoods Solicitors has become the first law firm to join the Telecommunications UK Fraud Forum, a body for the exchange of information and promotion of united efforts against such fraud.
Simia run-off will have 'little effect'
The Solicitors Regulatory Authority has downplayed the effect of the Solicitors' Indemnity Mutual Insurance Association's decision to go into run-off.