News
Munich Re receives funding from German ministry for climate change initiative
Munich Re has teamed up with the Caribbean Catastrophe Risk Insurance Facility and specialist microinsurance broker Micro Ensure to develop insurance solutions developing countries vulnerable to climate change.
Aviva falls foul of broadcasting code
Broadcasting regulator Ofcom has ruled that Aviva's sponsorship of ITV's hit drama Downton Abbey strays too close to being advertising.
RK Harrison completes MWA acquisition
RK Harrison Group has completed the acquisition of specialist high net worth broker Mercury West Associates following due diligence and the approval of the transaction from the Financial Services Authority.
XL and Aon launch e-accounting system
The insurance segment of XL Group has launched an e-accounting system with broker Aon.
NIG names three in SME push
Broker-only commercial insurer NIG has appointed area business development managers at its regional headquarters in Bristol, Maidstone and Watford.
IUA calls for market solution to green risks
Market-driven solutions to environmental liability risks should take precedence over possible EU-enforced compulsory financial requirements, the International Underwriting Association has argued.
Slingsby returns to RSA as director of Global speciality lines
Former RSA executive Steve Slingsby is returning to the insurer as programme director for global speciality lines, after a two-year stint at rival QBE.
Challenges lie ahead for China's insurance market
The Chinese insurance market’s share of world insurance premiums has grown from 1% to 4% in the space of a decade, but with rapid growth come new challenges, according to an Aon Benfield report.
Slingsby rejoins RSA after QBE role
RSA has named former QBE UK and Europe head of operations Steve Slingsby as global programme director for global specialty lines.
China’s P&C growth behind average
Reinsurance broker Aon Benfield says China’s property and casualty insurance growth has been too slow.
Insurers cannot rely on internal models
Two-thirds of insurers aim to use independent experts to validate market risk assumptions in internal models, according to a survey from Towers Watson.
Control Risks warns of political instability
Businesses face worldwide risks from political instability and economic uncertainty from governments and from below by social protest and increasing scrutiny of corporate practices, Control Risks has warned.
Legal and tax issues top Airmic worries
Global economic and political uncertainty has had little impact on global insurance programmes, the second annual Airmic casualty benchmarking survey has found.
Hastings replaces Parry with Latter
Hastings Direct has appointed Liz Latter as head of insurer development to allow Adrian Parry to step down from the role next year.
China’s P&C growth behind average
Reinsurance broker Aon Benfield says China’s property and casualty insurance growth has been too slow.
TIP recruits and targets care homes
The Insurance Partnership has taken on three staff to bolster existing operations and aid its expansion into the care home sector.
DAS continues to provide legal expenses for Sterling
DAS has extended its contract to provide Sterling Insurance customers with legal expenses cover.
5 December: Come fly with me?
Completing the first year of an undergraduate course is certainly cause for celebration.
4 December: High-end handbag
Boasting what is said to be one of the most diverse game-viewing experiences in Africa, Mrs Policyholder and her family could barely contain their excitement at visiting Kruger National Park.
3 December: Putting the boot in
On a day out in the countryside with his family, Mr Policyholder was delighted to come across a parking space in the notoriously busy car park of a local beauty spot.
Accident Exchange success as spot rate cases appeal granted
Accident Exchange is claiming success after claimants in four credit hire spot rates cases were granted permission to appeal.
Lloyd's insurers to see popstar Michael Jackson papers
Lloyd’s insurers for Michael Jackson’s ‘this is it’ London tour can study the popstar’s medical records.
OFT accepts insurer commitment to limit data exchange
The OFT has accepted formal commitments from six insurance companies and two IT software and service providers to limit the data they exchange between them.
'We provided good evidence,' says IFB on BCR fraud case
The Insurance Fraud Bureau is standing by its decision to provide information on the investigation into BCR Legal but City of London Police is “disappointed” the case fell through.