News
Crash for cash gang guilty of orchestrating fatal collision
Five men have been found guilty for their part in a 'crash for cash' collision in which an innocent motorist was killed.
Thai buyer "has the necessary resources" to buy Ping An stake
Charoen Pokphand Group has refuted suggestions in the media that a lack of funds is threatening to scupper its acquisition of HSBC’s stake in Chinese insurer Ping An.
Wildfires wreak havoc in Australia
Insured losses from wildfires in Tasmania are currently estimated at just under £35m, an Insurance Council of Australia spokesman has said.
Flightsurance bought by 2e Systems
Travel insurance start-up Flightsurance has been acquired by 2e Systems, a technology provider for the travel industry with offices in London and Frankfurt, for an undisclosed fee.
Validus launches anti-fraud software
Validus-IVC has launched its own credit hire anti-fraud software following a two-year trial period with 21 insurance clients.
Motor tax to hit French policyholders
French policyholders will bear the brunt of a new motor premium tax according to consultancy Fiscal Reps.
Ironshore adds Calnan to international offshore energy team
Ironshore Europe has appointed Paul Calnan to lead its international offshore energy expansion.
Ex-Aon director joins Kane as US MD
Kane has appointed Carlos Oliveras as managing director of Kane USA.
Venezuelan economic crisis could increase expropriations
The chances of nationalisation of major private assets in Venezuela are increasing as an economic crisis in the country looms according to risk analysts.
India considers allowing sub-brokers to sell insurance
Plans are under review by the Indian insurance regulator to allow sub-brokers to sell insurance in India.
Axa Assistance selected by Admiral to provide new forms of cover
Axa Assistance UK has secured a contract to provide Admiral with its first home emergency and legal expenses covers as part of the insurer’s new household insurance product offerings.
Hastings Direct creates 200 new roles on the South Coast
Bexhill-based broker Hastings Direct will create 200 new posts on the South Coast over the coming 12 months, as part of ambitious new expansion plans.
R&Q completes £500k Hickson deal
Randall & Quilter has completed its £525 000 acquisition of the entire issued share capital of Isle of Man-domiciled captive insurer Hickson Insurance.
Japanese car premiums set to rise
Premiums for compulsory automobile liability insurance to rise from April in Japan.
Bomb blasts rock Pakistan
Powerful bombs in the cities of Quetta in southwest Pakistan, and Mingora in Pakistan's north-western Swat valley, killed over 100 people and wounded 200 more on January 10.
Many Asian hedge funds without D&O and PI insurance
Only 64% of Asian hedge fund managers have insurance for directors and officers' liability and professional indemnity according to a survey by Citigroup.
New India fined for two year delay paying medical claim
Unit Trust of India Technology Services and The New India Assurance Company have been fined Rs 25,000 after incorrectly deducting money from a policyholders medical claim.
Open GI names South West account manager
Systems provider Open GI has moved to bolster its sales department with the appointment of a new account manager dedicated to the south west of the UK.
Cunningham Lindsey asseses Tasmanian bushfire damage
More than 130 homes as well as farming and commercial properties have been destroyed in bushfires that are ravishing parts of Tasmania.
Hood Group makes Milbourne risk and compliance director
The Hood Group has appointed Sheila Milbourne to the role of risk and compliance director.
Dispatches insurance whistleblower Andrew Moody confirmed for Motor Claims 2013
The man who provided the evidence that sparked Monday night’s Dispatches: Secrets of Your Car Insurance has been confirmed as a speaker at the upcoming Post event, Motor Claims 2013.
"March madness" awaits EU motor insurers
Insurers that fail to embrace telematics in the wake of gender neutral pricing rules will see massive volumes go to more "switched-on" peers, according to Coverbox.
UAE insurers baulk at medical tariff rise
A standoff between insurers and one of the largest healthcare groups in the UAE may leave patients footing the bill for medical care from next month.
UK PMCs in Sri Lanka could find insurance invalidated
The Sri Lankan government's decision to mandate the use of offshore armouries could potentially invalidate UK private maritime security companies' insurance and affect their ability to win or retain security contracts from ship owners.