News
Lloyd's chair acclaims "massive benefits" of MGAs investing in China
Bank of China, China Re Group, China Insurance Regulatory Committee and the PICC were among the firms and organisations courted by Lloyd's last week as part of an event held in Shangai.
Biba devises alternative FSCS funding model
The British Insurance Brokers' Association has proposed an alternative structure for the Financial Services Compensation Scheme funding model.
BP Marsh assessing Finnish purchase
Venture capital firm BP Marsh is weighing up the acquisition of a broker in Finland, according to chairman Brian Marsh.
UK out of recession, but SMEs remain concerned
Over four-fifths of small to medium sized companies remain concerned about the economic climate, according to Zurich, despite declarations that the UK economy has returned to growth.
UK insurance group eyes Turkey and India acquisitions
UK insurance group BGL Group is to target Brazil, India and Turkey in a bid to widen its international footprint.
Hyperion 2013 IPO in doubt
A proposed initial public offering for Hyperion could be pushed back to 2014, says BP Marsh chairman.
Rugby legends touch down as QBE launches autumn international sponsorship deal
Legends from the world of rugby rubbed shoulders with QBE staff and brokers this morning as the insurer officially unveiled its four-year sponsorship deal of England's autumn international series against the southern hemisphere's top teams.
Beazley swoops for Allianz Re regional manager for Singapore role
Beazley is expanding its reinsurance team into Singapore with the appointment of Ben Liang.
Cunningham Lindsey plans further LMC expansion following double hire
Cunningham Lindsey Liability Services is plotting further growth following a double appointment in its London market casualty business in the form of ex-Garwyn loss adjuster Debra Smart and in-house claims management expert Andrea Keyworth.
Axa reports P&C growth in Turkey, Mexico and Gulf with Q3 results
Axa Group has reported total revenues up 1% to €68.4bn for the first nine months of 2012.
Equinox Global launches credit top up solutions
Continuing economic uncertainty is generating appetite for stable and reliable trade credit insurance solutions, according to Equinox Global.
AHA teams up with DiGi to launch mobile phone cover in Malaysia
American Home Assurance Company Malaysia has teamed up with mobile phone network operator DiGi to promote an insurance scheme for handsets in Malaysia.
Axa revenues up 3.7%
Axa group results show improvement in revenues across the business, with P&C growing just over 5%.
Aspen insurance segment drives GWP growth
Aspen has reported a 12.7% increase in gross written premium in the third quarter to $558.4m, the majority of the growth resulting from a 36.2% increase in the insurance segment.
Everest Re reports Q3 income surge
Bermudian insurer and reinsurer Everest Re has seen takings swing sharply upwards in its third-quarter results.
Investing in the Profession: Asta moves to new premises
Asta Managing Agency has moved to a new office to make room for potential expansion.
Investing in the Profession: Chartis scheme gains CII approval
Chartis' multinational broker training academy has been accredited by the Chartered Insurance Institute.
Law report: Zero-hour staff can be employees
Law reports contributed by national law firm Berrymans Lace Mawer.
Law report: Subsidence verdicts not at odds on 'foreseeability' question
Law reports contributed by national law firm Berrymans Lace Mawer.
Law report: Nursing and Midwifery Council’s explanation for nurse suspension ruled inadequate
Law reports contributed by national law firm Berrymans Lace Mawer.
Start-up chief promises to learn from past mistakes as launch is delayed
The team behind start-up venture Quotall is due to begin previews of its insurance broker software next month.
Lloyd's syndicates queue up to use IFED services
At least nine Lloyd's syndicates are understood to be in talks with the Association of British Insurers and the Insurance Fraud Enforcement Department with a view to using the service.
SRA warns industry to take new referral fee rules seriously
The Solicitors Regulation Authority has warned the industry that it will clamp down on any firms that breach new rules governing referral fees due to come into force in April.
Casserley appointed Willis CEO as Plumeri departs
McKinsey and Company partner Dominic Casserley, pictured, has been named as the next chief executive of Willis, following the news that CEO and chairman Joe Plumeri is due to step down after 12 years in the role.