News
AIG reappoints Cunningham Lindsey as Tutoki fallout subsides
AIG has reinstated Cunningham Lindsey as a claims partner after dropping the loss adjuster last year over the latter’s appointment of Jane Tutoki as global CEO, Post understands.
Moorhouse issues apology over FCA findings
Moorhouse Group says it "deeply regrets" the findings of a Financial Conduct Authority investigation that resulted in a £159,300 fine for the company and has apologised to customers.
DAS and Paragon partner for legal protection
Legal expenses insurer DAS has partnered with Paragon International Insurance Brokers to provide legal protection for its policy for surgical professionals.
Doctor deregistered for false medical report evidence
A doctor was struck off the medical register for deliberately misrepresenting his medical experience and membership of professional bodies under oath and in medical reports supporting personal injury claims.
Gibraltar sees completion of first ILS transaction
Betting company Lottoland has become the first company to complete an insurance linked securities transaction in Gibraltar.
Moorhouse fined £159,300 for sales failures
Moorhouse Group has been fined £159,300 by the Financial Conduct Authority for failures around its telephone sales of commercial vehicle add-on insurance products during 2012.
Aspen ‘operating on all cylinders' in Q1
Aspen Insurance Holdings has reported a net income after tax of $128m (£85.5m) for the three months ended 31 March 2015 alongside a 7.4% increase in gross written premiums.
HSB names Stephen Morris chief underwriting officer
Specialist engineering and construction insurer HSB Engineering Insurance has appointed Stephen Morris as its new chief underwriting officer, subject to regulatory approval.
Axa and UNA Alliance strike Mini Fleet Choice deal
Axa Commercial Lines and Personal Intermediary has agreed a motor fleet deal with the UNA Alliance of brokers which should see the insurer realise approximately £4.5m of gross written premium over the next three years.
Cheung to leave Direct Asia for AIG
Adrian Cheung, regional head of actuarial, Direct Asia will leave the Hiscox-owned insurer and join AIG at the beginning of May.
Willis accelerates acquisition of French giant Gras Savoye
International broker Willis has offered €550m (£392m) to buy the remaining 70% stake it doesn't own of France giant Gras Savoye.
Claims Conference Asia: Allianz keynote Q+A
Post asks Claims Conference Asia - Hong Kong keynote speaker Chin Feng, CEO of Hong Kong & Greater China, Allianz Global Corporate & Specialty about his career, China and claims.
Restructuring leads to hold on Towergate M&A
Towergate's financial restructuring has led to a hold on the company's merger and acquisition activity while group M&A director Ryan Brown has taken on the role of finance director for Towergate Underwriting.
Insurance CEOs urged not to overlook valuable talent pool of disabled workforce
A panel of speakers from within the insurance industry, and outside it, has addressed insurance CEOs on the need to increase diversity in the Lloyd’s and London market.
Video: New Zealand earthquakes
New Zealand insurance industry leaders give Post reporter Katie Marriner an update on progress in Canterbury following the earthquakes of 2010 and 2011.
Biba joins Lloyd's diversity charter
The British Insurance Brokers' Association has become an official supporter of the Inclusion At Lloyd's initiative by signing the Lloyd's diversity and inclusion charter.
Quotas not the answer to lack of diversity says CII’s Mistry
Quotas are a form of ‘cheating’ and not the right way to increase diversity in the insurance workforce, according to the president of the Chartered Insurance Institute Ashwin Mistry.
QBE appoints O'Farrell as CUO for Europe
QBE has appointed Colin O’Farrell to the newly created position of chief underwriting officer for QBE’s European Insurance operations.
Insurance Marketing and PR Awards shortlist 2015 announced
Did you make the grade? Find out who is on the Insurance Marketing and PR Awards shortlist 2015.
Tesco reports rise in insurance profits
Tesco has posted a slight rise in insurance profits for the full year ending 28 February 2015, the company has announced.
Gallagher hires ex-NIG underwriting boss Hall as CUO
Former NIG underwriting and pricing director Martin Hall is to resurface at Arthur J Gallagher where he will take on the chief underwriting officer role vacated by Sian Fisher.
Bruce to bring much-needed retail and distribution expertise to GRP
London market consolidation business Global Risk Partners' appointment of ex-Bluefin CEO Mike Bruce is expected to provide the firm with a springboard for expansion.
Allianz to offer cyber and reputation lines in China
Allianz Global Corporate & Specialty will offer cyber and reputation risk insurance in China from June.
19,500 claims from New South Wales storm
There have already been 19,500 claims totaling A$129m (£67m) from the huge New South Wales storm according to the Insurance Council of Australia.