News
Hardy acquisition completed
Hardy has ceased trading on the London Stock Exchange as of today following completion of its acquisition by CNA Financial.
Talanx completes Warta aquisition
Talanx International AG has completed the acquisition of Polish insurance company TUiR Warta SA from KBC.
Axa Corporate Solutions CEO takes Asia job
Axa Corporate Solutions UK chief executive Emmanuel Nivet is to become CEO of Axa Affin General Insurance in Malaysia.
Helvetia bidding for Groupama's French marine portfolio
Swiss Insurance Group Helvetia Group has confirmed it has entered into exclusive negotiations with Groupama to acquire its French marine insurance portfolio.
Avivia, Axa and DLG on cover for Oldham explosion
Direct Line Group, Aviva and Axa have confirmed they insure some of the properties damaged in the Oldham explosion on but not the house in which two-year-old Jamie Heaton died.
Liberty hires new assistant vice president
Liberty International Underwriters Europe has appointed Mark Esdaile as assistant vice president in the company’s trade credit and political risk team.
RSA claims boss Ian Thompson quits
RSA personal motor claims director Ian Thompson, pictured, has stepped down after 19 years with the group to “pursue career opportunities” outside the company.
Liberty appoints trade credit and political risk VP
Liberty International Underwriters Europe, part of Liberty Mutual Insurance Group, has appointed Mark Esdaile as assistant vice president for trade credit and political risk.
Marsh appoints global energy practice leader
Broker Marsh has appointed Andrew George to be chairman of its global energy practice
Aviva's Lord Sharman retires
Aviva chairman Lord Sharman of Redlynch has retired just days before the insurer’s highly anticipated investors meeting.
Management reshuffle within Marsh's energy operation
Marsh has rejigged its global energy management line-up, with Andrew George succeeding Jim Pierce as chairman.
Interest in India’s domestic market wanes amid rising costs
Several prospective entrants to India’s domestic insurance market have put plans on hold due to rising costs as a result of new guidelines from the Insurance Regulatory and Development Authority.
Singapore's rich vastly underinsured, research shows
Singapore's rising rich are exposing themselves to unnecessary financial risk due to inadequate insurance provisions, according to recent research.
Interns begin CILA summer placement
University students have kicked-off their month-long internship scheme arranged by the Chartered Institute of Loss Adjusters.
Analyst rules out North American sale ahead of Aviva meeting
Aviva has been warned against the disposal of its US and Canadian divisions as there are too few buyers in the marketplace.
Zurich launches travel products for UAE residents
Zurich Insurance Group has launched a suite of travel insurance products specifically tailored for residents of the United Arab Emirates.
CNA Europe recruits casualty underwriter from Chartis
CNA Insurance Company has appointed Justin Godman as casualty underwriting manager.
MDS offers self insurance facilities with launch of PCC
European insurance and reinsurance broking and risk consulting provider, MDS Group has launched of High Dome PCC, a protected cell company (PCC) to provide alternative risk financing services including self insurance facilities, access to reinsurance…
Ex-Zurich boss Lewis heads to Capita GI business
The former chief executive of Zurich’s Global Corporate UK business Wayne Lewis has joined Capita’s general insurance business.
Changes to client money rules pose threat to unprepared brokers
Brokers that lack the necessary tools to handle compliance changes will struggle if proposed rules governing client monies are implemented by the Financial Services Authority, according to insurance software specialist Sequel.
Amlin unveils management changes
Amlin has appointed Simon Beale to the new role of group chief underwriting officer.
Aviva's US business tipped to be on the line in turnaround stategy
Aviva could close or sell as many as 15 divisions as part of its turnaround strategy, according to reports.
Shareholders advised to take 20p per share following Cobra takeover
Directors at Cobra have this afternoon reached an agreement over the protracted takeover by the Stephen Burrows-backed Alto Intermediary Group.
Crawford team allowed access to homes following Oldham explosion
Crawford & Company's major loss team has been among the first from the industry to visit homeowners in Oldham, following an explosion which claimed the life of a two year-old boy.