News
BIBA 2011 manifesto focuses on regulation and helping customers
The British Insurance Brokers’ Association has launched its 2011 manifesto outlining its priority lobbying issues for the year ahead.
Lord Sassoon: OFT is also investigating London market underwriters
The Government has admitted that the Office of Fair Trading is looking into the fees charged by London market underwriters.
Staysure launches new home and motor lines
Over 50s insurance specliast Staysure has appointed Jon Kirk to head up its new range of home and motor insurance products to be launched this month.
RIIG appoints new managing director
Resources in Insurance Group, has appointed Gordon Vater as managing director.
CGSC takes 100% holding in Mexican broker
Insurance broker Cooper Gay Swett & Crawford has moved to a 100% shareholding of Mexican reinsurance arm Cooper Gay Martinez del Rio after acquiring the shares of local senior executives.
Spanish bank sells insurer stake to Mutua Madrilena
Spanish bank La Caixa's holding company Criteria today said it is selling half of La Caixa's insurance business for Euros 1.08bn to Madrid-based insurer Mutua Madrilena.
Spanish bank sells insurer stake to Mutua Madrilena
Spanish bank La Caixa's holding company Criteria today said it is selling half of La Caixa's insurance business for Euros 1.08bn to Madrid-based insurer Mutua Madrilena.
Enoizi quits as Argo's London chief
Argo Group has appointed Andrew Carrier to the newly created position of group chief underwriting officer.
Putin pledges to battle FSA over Alfa Bank
Russian prime minister Vladimir Putin has pledged to help private Russian bank Alfa in its dispute with the Financial Services Authority, according to reports in the Russian media.
Putin pledges to battle FSA over Alfa Bank
Russian prime minister Vladimir Putin has pledged to help private Russian bank Alfa in its dispute with the Financial Services Authority, according to reports in the Russian media.
Average comprehensive car insurance prices rise nearly 40% in a year
Results of the annual and fourth quarter 2010 Confused and EMB car insurance price index has shown that consumers are paying an average of nearly £200 more for comprehensive car insurance than at this time last year.
Software and service providers to adhere to new OFT principles
SSP has stated that it has “cooperated fully” with an Office of Fair Trading investigation into whether a data analysis tool developed by Experian broke competition rules.
Eiopa to launch second Europe wide insurance stress test
The European Insurance and Occupational Pensions Authority is preparing to launch the second Europe-wide stress test for the insurance sector.
Eiopa to launch second Europe wide insurance stress test
The European Insurance and Occupational Pensions Authority is preparing to launch the second Europe-wide stress test for the insurance sector.
Citymain appoints director
The SPB Group has announced the appointment of Jean-Marie Guian as a director for Citymain, its UK subsidiary.
Citymain appoints director
The SPB Group has announced the appointment of Jean-Marie Guian as a director for Citymain, its UK subsidiary.
Travelers Ireland VP Ken Norgrove departs
Travelers Ireland vice president Ken Norgrove has left his role with the insurer, within months of joining from RSA.
Travelers Ireland VP Ken Norgrove departs
Travelers Ireland vice president Ken Norgrove has left his role with the insurer, within months of joining from RSA.
London market will be impacted by Australian floods
Neil Coulson, partner at accountancy firm, Littlejohn, has said he expects Australia to be fairly well insured, so it will generate insurance losses which will be higher in a city than in rural areas.
Zurich denies competition law breach
Zurich Insurance has said it welcomes the publication by the Office of Fair Trading of a consultation on commitments offered by seven insurers and two software providers.
Lockton opens second China branch
The China Insurance Regulatory Commission has granted approval to Lockton to open a new branch office in Beijing.
Mitsui names new claims director
Mitsui Sumitomo at Lloyd’s has appointed Jonathan Poole as claims director.
RSA competition concerns trigger OFT inquiry
The Office of Fair Trading investigation into an Experian analysis tool used by motor insurers was kicked off by RSA after the insurer raised concerns that it may enable anti-competitive practices.
Post in print: 13 January 2011
News editor Mairi MacDonald outlines the main news from this week's issue of Post.