News
Public divided on driverless cars, study reveals
Over a third of the public are sceptical of driverless cars, with only four in 10 ready to embrace the technology.
Markel appoints Deepika Mathur to lead entry into Indian market
Markel International has appointed Deepika Mathur to lead its entry into the Indian market.
Tey swaps Chubb for Beazley in Singapore
Nicholas Tey has left global insurer Chubb to join Beazley in Singapore.
Majority of Kaikoura claims to be paid by end of year, says ICNZ
The majority of claims will be paid out for last year's deadly Kaikoura earthquake on South Island by the end of the year according to the Insurance Council of New Zealand.
Aon completes share sale in India joint venture
Global broker Aon has completed the sale of a 26% stake in Indian broker Aon Global Insurance Brokers to its joint venture partner Global Insurance Services.
QBE identifies significant liability gap in four Asian countries
Australian insurer QBE has published research suggesting a significant liability insurance gap for businesses in Hong Kong, Indonesia, Malaysia and Singapore.
Broker Network saw revenue rise over 2016
Broker Network saw revenue increase to £10.3m in 2016, up from £8.8m in the previous year.
Beazley's H1 profit up 6% thanks to speciality lines and investment gains
Lloyd's of London insurer Beazley reported a 6% rise in first-half pre-tax profit, thanks to growth in its US specialty lines business and investment gains.
This week: Planning, predictions and packing
I am most definitely a planner. Being organised usually tops my list of attributes in appraisals and most of my life as a busy working mum is run by lists. In fact the holiday I'm just about to fly off to has been two years in the planning.
UK government releases final ILS regulations
The UK government has published regulations that will introduce a competitive regulatory and tax regime for Insurance Linked Securities.
Hannover Re completes acquisition of Lloyd's syndicate
German reinsurance giant Hannover Re has completed the acquisition of the UK holding company Argenta Holdings.
Insurtech funding hits $985m, up 248% in Q2
Funding for Insurtech start-ups saw a 248% increase to $985m during the second quarter of 2017, said Willis Re.
FSCS refunds £8.3m to Gable policyholders
Premiums worth £8.3m have been returned to former policyholders of Gable Insurance through the Financial Services Compensation Scheme.
Insurance could cut natural disaster bill for developing nations by $11bn, says RMS
New types of insurance could cut the costs of natural disasters for poorer countries and reduce the amount of humanitarian aid needed, according to a new report.
Nexus enters US market with Zon Re deal
Specialty managing general agent Nexus Group has acquired US personal accident treaty reinsurance MGA Zon Re.
Questgates appoints Ganson to its board
Colin Ganson has been appointed to the board of Questgates after taking part in the restructure and reorganisation of the firm’s property division.
Reinsurance rates fall in June and July renewals
Reinsurance market pricing has maintained the downward trend seen at the January and April renewals, despite first quarter deterioration for many reinsurers’ results, according to Willis Re.
Castel Specialty enters construction market
Castel Specialty has expanded its book of business with the launch of a construction portfolio.
Cunningham Lindsey names UK operations directors
Global loss adjuster Cunningham Lindsey has appointed two UK operations directors, Stephen Kerr and Scott Cameron in the South and North of the UK respectively.
Insurers face $22bn bill from first half nat cat losses, says Aon Benfield
The $22bn (£16.9bn) in insurer payouts from first half nat cat losses is 35% lower than the ten year average of $35bn according to Impact Forecasting - Aon Benfield's catastrophe modeling team.
On-demand insurance provider receives £1.2m in funding
Pay-as-you-go insurance provider, Zego has raised £1.2 million in a seed funding round following the launch of its first product led by Aviva.
Swinton names Walker insurer development director
Broker Swinton has appointed Kirsty Walker as its new director of insurer development and product.
Flood Re to grow policies by 50%
Flood Re will increase the number of policies by 50% by next year, its CEO said.
134 staff cut as Call Connection goes into administration
Insurance lead generator Call Connection has gone into administration, cutting 134 staff.