News
Charles Taylor sees £9.2m revenue jump in ‘strong' 2014
Charles Taylor saw its revenue increase by £9.2m for the year ended 31 December 2014 to £122.8m.
Charles Taylor launches £30.6m rights issue
Professional services firm Charles Taylor is launching a rights issue to raise approximately £30.6m in gross proceeds.
Deveboise hires Asia disputes lawyer Johnson
Legal firm Debevoise & Plimpton has appointed Mark Johnson as a litigation partner in its Hong Kong office.
FBI investigates insurer cyber attack
US intelligence service the FBI is investigating a hack attack on US health insurer Premera.
Crawford's Muress thanks staff and clients as CMA signs off on GAB Robins deal
The Competition and Markets Authority has unconditionally cleared the acquisition of GAB Robins by Crawford and Company after concluding its review of the purchase ahead of schedule.
FCA may be more open about interventions - report
The new head of supervision at the Financial Conduct Authority has hinted that the watchdog may provide more information about its interventions.
Quindell still in talks over £640m business arm sale
Quindell has told the stock market that it is still involved in talks to sell its professional services arm, and has given details of a potential price of the deal for the first time.
What issues top the GI industry's 2015 budget wish-list?
As Chancellor of the Exchequer George Osborne prepares to deliver his annual budget tomorrow (18 March), Post found out what the general insurance industry hopes to fin inside the famous old briefcase.
Palatine completes £14m MBO of Towergate Financial Planning and John Charcol
Palatine Private Equity has completed the management buy-out of Towergate Financial Planning and mortgage broking business John Charcol.
Rate hikes touted as product recall review points to increased insurer exposure
A review into the way companies handle product recall could trigger premium inflation and compound administrative burden as insurers' exposure to recall costs increases significantly, legal experts have warned.
Spanish MGA launches with Partner Re support
Spanish managing general agent Iberian Insurance Group has launched as part of a five-year commercial agreement with Partner Re Wholesale.
Laspo benefits questioned as industry rallies behind Aviva whiplash proposals
Insurers have backed Aviva's proposals to reduce the volume and cost of whiplash claims against a backdrop of criticism around the effectiveness of the government's civil justice reforms and aggressive tactics by third parties.
Swinton provides travel cover with no upper age limit
Swinton has launched a travel insurance product with no upper age limit on single trips and additional cover for cruises included as standard.
New underwriting agency launched for waste management sector
A new underwriting facility backed by Lloyd's capacity has been launched to deliver a range of products targeted at the UK, Ireland and Germany.
RSA looking to offload Latin American arm - report
RSA has instructed Goldman Sachs to sell its Latin American business, according to a report.
Aviva's Wilson sees 2014 bonus rise 15%
Aviva group CEO Mark Wilson was awarded a £1.27m bonus for 2014; a 15% increase on his 2013 bonus.
Brokerbility next to pilot Axa claims tool
A web-based claims tracking tool for brokers is entering its second pilot phase with members of the Brokerbility network with a wide release planned for the second quarter of this year.
Berkshire recruits from Zurich in Singapore
Berkshire Hathaway Specialty Insurance has appointed Min Ong regional head of energy for Asia.
Singapore's Stamford Law partners with Morgan Lewis
US law firm Morgan Lewis & Bockius is combining, but not merging, with Stamford Law in Singapore.
Lloyd's opens licensed Beijing branch
Lloyd's has opened a branch in Beijing to capitalise on growth opportunities in China.
QBE leads Hong Kong underwriting profitability for 2014
QBE made a $41m (£27.6m) underwriting profit in Hong Kong last year according to provisional figures released by the Office of the Commissioner of Insurance.
Swinton appoints Rob Harding as chief financial officer
Swinton has appointed Rob Harding as its chief financial officer following the resignation of Chris Plumer, pending regulatory approval.
Insurers fear 'floodgates' will open if scope for psychiatric claims is widened
Insurers have expressed concern that Association of Personal Injury Lawyers proposals to broaden the scope of who is able to lodge a claim for psychiatric harm could “open the floodgates” to spurious claims.
Smith verdict due in May - report
An employment tribunal will reconvene in May to deliver its findings into Philip Smith's departure from RSA Ireland.