News
Questgates joins oil spill response association
Questgates has joined the UK Spill Association as an associate member, becoming the first loss adjuster in its ranks.
CII to offer more international-only qualifications
The Chartered Insurance Institute has broadened its options for international insurance agents with new international-only qualifications.
Covéa appoints UK commercial lines director
The UK underwriting arm of French mutual Covéa has appointed Simon Cooter as commercial lines director.
Airmic members predicting two-year rise in casualty rates
Risk managers are expecting to see an increase in casualty insurance rates over the next two years, despite a recent Airmic survey showing rates remaining flat.
HSB strengthens Manchester office
HSB Engineering Insurance has appointed Paul Cuddihy as business development manager.
Antares forms partnership with Japan's Itochu Corporation
Antares has formed a strategic and financial alliance with Japanese trading organisation Itochu Corporation.
Insurers' profits down 12% over two years
Insurers' profits are expected to have fallen 5% in 2012, Ernst & Young said today, as the firm forecast another difficult year for the financial services industry.
Antares syndicate wins Japanese funding
Antares has completed a deal with Japanese trading organisation Itochu for investment in its syndicate.
Ex-Brit director Cooter resurfaces at Covéa following QBE exit
Covéa Insurance has appointed former Brit director of market management and regional operations Simon Cooter as commercial lines director.
R&Q selects Sequel software
Randall & Quilter Managing Agency has implemented Sequel's Eclipse Underwriting software to form part of its newly launched Syndicate 1991 operating platform.
Guy Carpenter takes on two GC Securities MDs from Aon Benfield
Guy Carpenter & Company has made a double recruitment swoop on Aon Benfield with the appointment of Andrew Beecroft and Paul Rayner as managing directors of GC Securities.
Direct Line launches multi-product discount
Direct Line has launched Together, a multi-product discount designed to reward customer loyalty and attract new policyholders.
Amlin Corporate reborn as Amlin Europe
Amlin Corporate Insurance is now operating under the name Amlin Europe, according to a statement on the company's website.
Punjab National Bank gets go-ahead for Metlife acquisition
Punjab National Bank has received approval to acquire a 30% stake in insurer Metlife India Insurance.
Achmea completes OVO acquisition
Dutch insurer Achmea has completed the acquisition of mutual government insurer Onderlinge Verzekeringen Overheid.
Ergo launches modular home contents policy
Munich-Re owned Ergo Insurance has launched a new home contents policy for the German market.
Giles broker of choice for roofing confederation
Giles Insurance Brokers has been appointed as the exclusive broker of choice for the Confederation of Roofing Contractors.
Perils puts windstorm Andrea loss at €336m
Independent Zurich-based organisation Perils today disclosed its final loss estimate from Windstorm Andrea as €336m.
Lloyd's syndicate launches indie film cover
Syndicate ProSight 1110 is to offer insurance to independent film makers covering filming mishaps and failure to complete a film on time and on budget.
BMS takes Asia Pacific plunge with launch of Sydney office
Independent global broker BMS Group is celebrating a "significant strategic goal" after opening an office in Sydney, its first in the Asia Pacific region.
IRDA relaxes residence requirements for micro-insurance buyers
India's Insurance Regulatory and Development Authority has relaxed a rule requiring micro-insurance applicants to provide a confirmation letter from their bank, describing it as a barrier to financial inclusion.
Co-operative Bank fined over PPI claims handling
The Financial Services Authority has fined The Co-Operative Bank £113 300 for failing to handle payment protection insurance claims fairly.
April Group to hire Orkney-based business consultant
The UK arm of France's April Group is looking to appoint a permanent business consultant in the Orkney Islands after growing demand for its medical and income protection policies.
Zelle Hofmann opens London office
Law firm Zelle Hofmann Voelbel & Mason is opening a London office in January to address the growing needs of clients in the London and European insurance markets.