News
Schemes let down by insurers on service
Commercial schemes are continuing to grow in popularity, according to MMA, which has found that overall premium in commercial schemes grew by 25%in the first half of this year compared with the same period in 2012.
SSP appoints Paul Webb as head of delivery
Global technology provider SSP has appointed Paul Webb to the position of head of delivery for its insurer division.
VTB Insurance's rating confirmed at BBB-
Russian insurer VTB Insurance's financial strength rating has been confirmed at BBB- and its national IFS rating at AA+(rus). The outlooks are stable.
Catastrophe reinsurance market nears strategic shift
The catastrophe reinsurance market may be on the cusp of a strategic shift, with third-party capital providers set to take on increasing amounts of peak catastrophe risk in the future.
Groupama steps closer to integrated trading with enhanced property product
Groupama Insurances has taken the first step in an overhaul of its commercial and residential property policy.
London company market aims to bring quicker processing to Europe and Asia
International Underwriting Association members have seen premium processing times cut from weeks to just days under a new initiative which will be rolled out to Europe and Asia.
Heavy rain in Beijing brings deluge of motor claims
Property and car insurers have been inundated with claims after the heaviest rain in six decades hit Beijing on Saturday.
Willis restructures international operations
Willis International has reorganised its Asia Pacific, Middle East and Africa operations amid a management resuffle.
Argo International appoints two experienced claims managers
Argo International has named Sarah Nicholls as accident and health claims manager and Judith Fumero as liability claims manager.
Willis strengthens leadership in Asia and Middle East
Willis International has created three regional business units under new and expanded leadership in recognition of the size, growth and strategic importance of its Asia Pacific, Middle East and Africa operations to Willis Group Holdings.
IFB investigations lead to arrest of trio on suspicion of identity fraud
The Metropolitan Police has arrested three suspected identity fraudsters following investigations carried out by the Insurance Fraud Bureau into the insurance records of 579 possible fraudsters.
Japan's first self-insured Iranian oil shipment loaded
Japan has reportedly loaded its first self-insured shipment of Iranian crude oil on two Japanese tankers.
Liberty Mutual launches event cancellation cover for MENA
Liberty International Underwriters and Liberty Syndicates have launched an initiative to provide a new event cancellation product for clients in the Middle East and North Africa.
MGAs WLTM insurers at 'speed dating' capacity exchange
The Managing General Agents' Association is hosting a capacity exchange event at the Lloyd's building to help members secure insurer support to expand and introduce new products.
Haste linked to Direct Line bid
Former RSA chief executive Andy Haste is heading up a private equity consortium including Blackstone, Bain and Advent, with ambitions to bid for Direct Line Group, according to The Daily Telegraph.
Bollington targets life sciences amid sales and marketing drive
Bollington has set up a new team to target the medical devices sector.
Liberty launches event cancellation policy
Liberty Mutual has launched an event cancellation product for clients in the Middle East and North Africa.
Positive outlook for Malaysia's insurance market
The outlook for Malaysia's insurance sector is positive, according to the country's Minister of Human Resource and Development.
BPL Global adds Singapore business to Asia Pacific footprint
Berry Palmer & Lyle has followed up on the opening of its Hong Kong branch last year with the launch of a Singapore subsidiary.
PSC Insurance bags sizeable stake in Carroll London Markets
The PSC Insurance Group has completed the purchase of a "significant shareholding" in Carroll London Markets.
Locals urged to contact insurers over Singapore hotel fire
Residents and businesses affected by a fire at a Singapore hotel on Monday have been offered assistance in making insurance claims from the group that owns the facility.
Pru Singapore offers wealthy clients 'highest' critical illness pay out
Prudential Singapore, the wholly-owned subsidiary of UK-based insurance group Prudential, has launched a critical illness product targeted at affluent individuals.
Allianz champions sustainability with 'first' ESG advisory board
Allianz has established an advisory board for company-wide environmental, social and governance issues which it says is the first of its kind.
Former Chartis manager Lovatt joins NIG
NIG has appointed Paul Lovatt as area underwriting manager for its Birmingham office.