News
US Solvency equivalence poll results
Find out what the market voted for on Solvency II equivalence in the US.
QBE launches travel product alongside RMCI
QBE has teamed up with yearabroadinsurance.com, a trading name of RMCI Insurance Brokers, to offer a new travel insurance product designed for students studying and working overseas.
Antares appoints new compliance chief
Lloyd’s insurance firm Antares has named Lucy Peake as its new compliance manager.
Half of UK’s brokers managing schemes
Schemes specialist insurer MMA has today revealed a new study that suggests a significant uptake in the number of brokers undertaking schemes work.
Phoney insurer stopped after Gibraltar regulator warning
The website of the alleged phoney car insurer Unique Car Insurance has been disabled after the Gibraltar Financial Services Commission warned the public the firm was not regulated as claimed.
Willis develops nuclear exclusion risk cover
Willis Group Holdings has developed insurance to cover business interruption costs for companies with key locations, suppliers or customers situated in the vicinity of a nuclear power station.
Polish insurer PZU sees profits rise after restructure
PZU SA, Poland’s largest insurer has posted profits up 33% after major restructuring.
Swiss insurance market remains stable
Fitch Ratings has said its sector rating outlooks for the Swiss life and non-life insurance sectors remain stable, despite the challenges of financial market turbulence and low interest rates.
Hurricane Irene heads towards Bahamian capital
After battering the southern islands of the Bahamas, Hurricane Irene is now just 65 miles away from the capital city of Nassau, according to the latest report compiled by AIR Worldwide.
Willis develops interruption cover in wake of recent disasters
Willis has responded to the devastating impact of the earthquake and tsunami that struck Japan in March by developing an insurance product to cover business interruption costs for companies in catastrophe hotspots.
Grant Ellis joins Prince's Trust Insurance Leadership Group
Broker Network and Countrywide Insurance Marketing chairman Grant Ellis is to join the committee of The Prince’s Trust Insurance Leadership Group.
Phoney insurer stopped after Gibraltar regulator warning
The website of the alleged phoney car insurer Unique Car Insurance has been disabled after the Gibraltar Financial Services Commission warned the public the firm was not regulated as claimed.
Ambitious broking firm opens offices in London and Cambridgeshire
Managerial appointments have been made across the board following the opening of new offices in London and Cambridgeshire by the Norfolk-based Alan Boswell Group.
Dicken switches Welsh law firms
Cardiff-based law firm New Law has poached Phil Dicken (pictured) and his team of insurance experts from rival firm Hugh James.
Irish insurer FBD reports a return to profitability
Irish insurer FBD has reported pre-tax profits of €20.5m for the six months ended 30 June 2011.
AM Best affirms Caisse Centrale de Réassurance ratings
AM Best has affirmed the financial strength rating of A++ (Superior) and issuer credit rating of “aa+” of Caisse Centrale de Réassurance (CCR) (France).
Columbus launches German website
Travel insurer Columbus Direct is taking its low cost travel products into the German market with a German website.
Ageas makes changes to group executive committee
Ageas has appointed Christophe Boizard as member of the group executive committee and as Chief Financial Officer with effect from 5 September 2011.
Columbus announces German expansion
Columbus Direct, part of the Collinson Insurance Group, is to expand its range of low cost travel products into the German market.
Willis targets Polish construction market with broker buy
Willis has bought Polish insurance broker, Brokerskie Centrum Ubezpieczeniowe (AMA) to grow in the Polish employee benefits and construction sectors.
GCube increases capacity to $680m for wind and solar projects
GCube has increased its underwriting capacity to $680m for wind energy and solar projects worldwide.
Willis strenthens Polish presence with construction acquisition
Willis Europe BV, a division of Willis Group Holdings has acquired 100% of the shares of Polish insurance broker, Brokerskie Centrum Ubezpieczeniowe Sp. Zoo.
Brunel launches wholesale PI
Professional indemnity insurance broker Brunel Professional Risks has launched a wholesale PI insurance broking service to give brokers to access a wide PI market.
New recruit for event and contingency insurance firm
Phillip Eaglestone has joined Heartland Events to assist with the development of its event insurance business.