News
Aon replaces leader of Aon France
Aon said it has added Damien Guermonprez chief executive officer of its Aon France unit to replace the outgoing Vincent Redier.
Sidley Austin hires four new insurance partners
Sidley Austin, the law firm, has announced the promotion of four insurance and financial services group lawyers as among the 34 lawyers which it has elevated to partnership in the firm effective 1 July.
MOJ personal injury response today
The Ministry of Justice response to the case track limits and the claims process for personal injury claims is out to today, Post can confirm.
Towergate raises £100m for latest acquisition spree
Towergate Financial today announces that it has raised over £100m to pursue its plans to acquire regional Independent Financial Advisers. Funding for the deal has largely been provided by The Royal Bank of Scotland, Lloyds TSB Corporate Markets and…
Axa UK: £720m more needed for adequate flood protection
Axa has called for "clear accountability and increased investment" to deal specifically with drainage problems that cause flooding, along with a larger financial commitment from central and local government to address infrastructure issues.
MoJ: No extensions for decisions on liability for insurers
The Government has concluded that there should be no extensions for decisions on liability for insurers.
Judge Richards sanctions schemes of arrangements by insurance pools
Mr Justice Richards has sanctioned all schemes of arrangement proposed by 82 companies in relation to their participation on four EW Payne Pools.
ACE completes redomiciliation to Switzerland
Ace Limited said it has completed the previously-announced re-domestication of the Company from the Cayman Islands to Zurich, Switzerland.
progress from Royal Liver enhances adviser extranet site
progress from Royal Liver will be introducing a number of system enhancements to its adviser extranet site on July 21st.
Aon appoints new managing director of ebusiness and market reform
Aon UK has appointed Ian Summers as managing director of ebusiness and market reform.
Czech risk managers join Ferma
The Association of Insurance and Risk Management Experts of the Czech Republic has been accepted as a member of the Federation of European Risk Management Associations.
Board changes at claims company
Geoff Somervail has stepped down from the board of claims facility provider, Resources in Insurance Group, the company announced today.
Eco-friendly travellers to benefit from new launch
Voyager Insurance Services says that the launch of www.responsibletravelinsurance.co.uk will offer a simple but effective solution according to the company. Travellers will be able to put something back when buying travel insurance as all policies will…
State Farm says has filed for 47.1% increase in Florida rates
State Farm, the US insurance giant, said that it has filed for a 47.1% increased in Florida rates.
APC extends restaurant and café product
Commercial insurance underwriting agency Anglo Pacific Consultants (APC) has launched a restaurant and café product, which it says can also provide additional protection for proprietors providing entertainment for customers.
CEA warns on block exemptions
The CEA, the European insurance and reinsurance federation, has reiterated why the insurance industry strongly believes that the current insurance block exemption regulation should be renewed beyond its current 2010 deadline.
Lloyd's reform order laid before parliament
Economic Secretary to the Treasury, Kitty Ussher MP, yesterday laid before parliament a draft Legislative Reform Order taking forward proposals to modernise the operation and governance of Lloyd's of London.
RSA launches More Than Select in league with broking group
Junction, the BGL Group’s affinity partnerships arm, today announced a new relationship with RSA's direct business More Than which will see the launch of a new motor brand.
Expats left underinsured by employers, warns Hiscox
British professionals abroad are dangerously underinsured, Hiscox has warned.
Analysts predict bodyshops in steep decline
Research company Trend Tracker has forecasted a decline of over one-fifth in the number of body shops over the next five years, leading to seasonal and regional shortfalls in repair capacity by 2010.
Lloyd's Brazil head named
Lloyd's has appointed Marco Antonio de Simas Castro as managing director, Lloyd's Brazil.
Guy Carp: prices 10-20% down at 1/7
Excess capital has caused soft market conditions to persist at July property and casualty reinsurance renewals, according to a briefing released by reinsurance broker Guy Carpenter.
Cooper Gay secures £31.6m debt financing facility
Cooper Gay has signed a £31.6m senior debt financing facility with National Australia Bank, London, which it said will support its ongoing acquisition strategy.
Hiscox overhauls HNW offering
Hiscox has announced changes to its art and private client offerings.