News
Barbon chairman Tim Redburn steps down
Tim Redburn has resigned from his role as chairman of property insurance broker Barbon after five years.
Quindell buys Intelligent Claims Management
Quindell has acquired cloud-based claims management network Intelligent Claims Management.
LV wins tennis sponsorship deal
LV has agreed a new tennis sponsorship deal with IMG-owned Statoil Masters Tennis.
Merlin director Russell Crewe joins Direct Group
Former Merlin director Russell Crewe has joined Yorkshire-based insurance solutions provider Direct Group seven months after LAS Claims stated he would be joining its team in 2013.
Thai officials confident of securing reinsurance for £1bn flood fund to meet demand
The Thai Office of the Insurance Commission is to seek extra reinsurance from international players to meet demand for the state-owned natural catastrophe fund.
Thai insurers back new E-claim service for RTAs
Victims of car accidents in Thailand will be treated by hospitals whether they have insurance or not under a new scheme launched by local insurers and the Office of the Insurance Commission.
Oxygen Holdings goes into liquidation
Oxygen Holdings has gone into liquidation 10 months after selling much of its business.
Markel UK recruits broker manager from Chartis
Markel International has appointed Julia Churchill as broker development manager for the southern region.
Chinese financial institutions need to improve risk management
Competition in the industry and a more complex financial environment now outweigh regulatory factors as key considerations for risk management at large financial institutions in China, according to a survey.
Lorica makes senior hires as recruitment drive continues apace
Lorica has unveiled a string of appointments this afternoon, including a branch director for its newly opened Leeds operation.
QBE Europe teams up with Autoglass
QBE Europe has signed a deal with Autoglass for its core glass services.
QBE teams up with Autoglass for repair and replacement
QBE Europe has appointed Autoglass as preferred supplier for its core glass services.
RK Harrison recruits cyber specialist from Marsh
RK Harrison has appointed David Rees as head of cyber practice in its specialist casualty team.
Groupama achieves record 20% rise in profits for H1
Groupama has recorded a 20% rise in profits before tax for the first six months of 2012 to £22.2m.
Italy's drought crop damage close to $1bn
Italian farmers have suffered nearly €1bn ($1.23bn) in crop damage from drought, according to farm industry organisation Confagricoltura.
Top five Asian news stories
The top five Asian stories from www.insuranceinsight.com over the past seven days.
Top five European news stories
The top five European stories from www.insuranceinsight.com over the past seven days.
Chaucer appoints Barter as head of catastrophe risk
Lloyd's insurance group Chaucer has appointed Nick Barter as head of catastrophe risk.
Axa extends commercial property contract with GAB Robins
Axa has today confirmed the renewal of its commercial property loss adjusting contract with GAB Robins, which will continue to manage all claims up to a value of £250 000.
Wholesale expansion underway at Lucas Fettes
Lucas Fettes is aiming to bolster its wholesale division following the acquisition of south coast underwriting agency Cougar Underwriting.
Drop in profit for Bahrain Kuwait Insurance Co after increased motor claims
Bahrain Kuwait Insurance Company has posted net profit of BD1.5m ($3.9m) for the quarter ended 30 June 2012 (2011: BD 2.6m).
Now Health launches China proposition in Shanghai
International health insurance provider Now Health International has opened an office in Shanghai after signing a partnership agreement with Minan Insurance in 2011.
Haikui causes $230m of insured damage in China
Damage from Typhoon Haikui, which hit China last week, has been assessed at ¥1.046bn ($230m).
Scottish police roll out campaign against uninsured drivers
Police in Scotland have launched a three-day clamp-down on uninsured and unlicensed drivers, following a survey stating that there are currently around 1.2 million uninsured drivers nationwide.