News
QBE confirms reinsurance restructure
QBE European Operations has finally announced a restructure of its European reinsurance business, which takes effect on 30 September 2012.
QBE Europe restructures reinsurance business
QBE Europe has announced a restructure of its reinsurance arm which will take effect on 30 September 2012.
Axa France direct boss to head up UK arm
Axa UK has appointed Yves Masson as CEO of personal direct and partnerships.
Axa UK names personal direct and partnerships CEO
Yves Masson will take the role, joining from Axa Direct Assurance in France.
Marsh creates insurance services business president role
Marsh has appointed Liz Flynn to the new position of president of its insurance services businesses, a group of the intermediary's brands.
Perils AG to provide satellite-based flood footprints
Perils AG, a Zurich-based provider of European catastrophe insurance data, will make satellite-based flood footprints available during and after major flood events, as part of an initiative in collaboration with the insurance industry and the European…
Capita creates schemes role
Capita Specialist Insurance Solutions has appointed Hazel White to the newly created role of schemes development manager.
Midas launches EDI home product with SSP
Midas Underwriting has expanded the range of risks it covers with the launch of a non-standard full-cycle EDI home product.
Qatar dispute resolution plans launched
Pinsent Masons and the Qatar International Court and Dispute Resolution Centre hope to launch a special resolution scheme, the first of its kind in the Middle East.
Italy increasingly important for London market
Italy is becoming a more important jurisdiction for the London insurance community, according to international law firm Norton Rose.
Defra considers Statement of Principles replacement
The Department for Environment, Food and Rural Affairs has broken its silence about flood insurance and is still considering options for a replacement to the Statement of Principles.
Marsh appoints global energy leader
Global broker Marsh has appointed Richard Higgins as global upstream and midstream leader in the firm's energy practice.
Tawa puts itself up for sale
Specialist insurance investor Tawa has unveiled plans to sell the business and is seeking potential offers.
Cremin climbs career ladder at Garwyn
Liability loss adjuster Garwyn has promoted Paul Cremin to branch manager at its Bristol office.
AIA reportedly in talks with Aviva for Sri Lanka insurance arm
Hong Kong-based insurance giant AIA has reached the final stages of negotiations for Aviva’s stake in Sri Lankan insurer NDB-Aviva Insurance, according to reports in the Sri Lankan business press.
Allianz names operations head for claims division
Jeremy Trott has been appointed head of operations for Allianz's claims operations, which consists of five claims handling centres and a central operations function.
Marsh appoints global upstream and midstream energy head
The broking giant has appointed Lloyd and Partners' Richard Higgins to the new role of global upstream and midstream energy leader.
RSA enters P&I market with start-up Lodestar Marine
RSA has teamed up with protection and indemnity start-up Lodestar Marine for a new fixed premium P&I venture.
More than $3.5bn Perils-based limits at risk
Perils AG has hailed the success of its industry loss index service, with the firm’s head of products describing it as “the industry loss trigger of choice” for transferring European storm risk to reinsurers and capital markets.
FSA approval time hits record high
The Financial Services Authority's deeper scrutiny of new business plans means that start-ups face record waiting times for regulatory approval, according to City law firm Reynolds Porter Chamberlain.
Insured losses from China quakes very low
Two magnitude 5.6 earthquakes that struck southwest China on Friday caused little to no insured losses, according to catastrophe modelling firm Eqecat.
GCC reinsurance markets to see price improvements
The outlook for reinsurance markets in the Gulf region remains positive, according to the third Gulf Cooperation Council Reinsurance Barometer published today.
Reinsurance market is united, says Guy Carpenter
Guy Carpenter & Company has praised the reinsurance industry for "coming of age" and finally "converging".
Willis attracts 12 new network members
Willis has attracted 12 new members to its UK broker networks.