News
XL set to slash solicitors' PI market share
XL has confirmed it will “significantly reduce” its market share in the solicitors' professional indemnity market in the upcoming renewal season.
MIB denies reports it instructed private eyes on injured teenager claim
The Motor Insurers’ Bureau has vigorously denied allegations made by a number of national newspapers that it engaged the services of private investigators to ‘blag’ employment histories, benefit and telephone records of an injured teenager and her…
Markel takes more space in Walkie Talkie after Alterra acquisition
Markel International has finalised terms to pre-let additional space in 20 Fenchurch Street or the 'Walkie Talkie' building after completing its acquisition of Alterra.
AIA appoints Teow in agency role
AIA Group has appointed Patrick Teow to the position of CEO, group agency distribution.
Kerry London marks Lloyd's accreditation with MD hire
The accreditation of Kerry London as a Lloyd’s broker has coincided with the appointment of Marsh’s Nick Pay as managing director.
Peak Re makes gains at renewal season
Hong Kong-based reinsurer Peak Re said it welcomed a good 1 July renewal season in the Asia-Pacific region.
Philippines embraces microinsurance guidelines
The Philippine Insurance Commission has issued concrete guidelines to implement the Alternative Dispute Resolution for Microinsurance framework.
Nepal in microinsurance move
Nepal Insurance Board and the German Development Cooperation program have collaborated to help improve the country's microinsurance program.
Hong Kong and South China brace for Tyhoon Utor
The typhoon which struck the Philippines leaving at least two dead and 44 missing is heading towards South-East China and Hong Kong.
Insurers urged to get women in boardroom before legislation mandates it
Insurers have been advised to act on boardroom diversity before they face legislation.
Biba vents concerns over flood cover in consultation response
The British Insurance Brokers' Association is concerned small businesses currently covered under the Statement of Principles will not be covered by the four proposals outlined in the government consultation on the future of flood cover.
Endsleigh: 44% of students do not have insurance
Just under half of all UK students do not have an insurance policy covering their possessions according to research from Endsleigh and the National Union of Students.
Limited impact from European Floods sees Kiln raise name syndicate forecasts
Kiln has boosted its return on capital forecasts for Lloyd’s names-backed non-life syndicates following strong performance.
Catlin sees pre-tax profits tumble 37% after investment returns plummet
Catlin has seen its first half profits for 2013 scythed by more than one-third following a steep drop in its net investment income.
UK regulator warns on Axa clone
The Financial Conduct Authority has warned that a firm branding itself as Axa Isle of Man Limited has no ties with the French insurer.
XL Group appoints RSA's Jenkins as underwriting manager
XL Group has appointed Simon Jenkins as its underwriting manager for general property in the UK.
Ecclesiastical in top 10 UK charity donor list
Ecclesiastical has been named the eighth biggest donor to charity in the UK, ahead of other household names such as Marks and Spencer and Virgin Atlantic.
NCI Vehicle Rescue posts 287% increase in pre-tax profit
NCI Vehicle Rescue has posted a pre-tax profit of £974 486 for full year 2012- 2013, up 287% year on year.
Colmenares appointed chief of staff at Zurich's Latin American operations
David Colmenares, general insurance chief claims officer, Asia-Pacific at Zurich, will head up the insurer's Latin American operations as chief of staff from 20 August.
Insure The Box teams up with brokers for policy partnership
Telematics provider Insure The Box and its sister brand Drive Like a Girl have partnered with five brokers to sell their policies.
Kiln appoints Naganuma active underwriter for Syndicate 1880
Lloyd’s insurer Kiln has appointed Satoshi Naganuma as active underwriter of Tokio Marine Kiln Syndicate 1880.
Kiln appoints active underwriter for Syndicate 1880
Kiln has appointed Satoshi Naganuma as active underwriter of Tokio Marine Kiln Syndicate 1880.
Rias repositions with TV advertising campaign
Over 50s insurer Rias has launched a TV advertising campaign 'Where experience counts’ to reflect the modern face of the UK’s 23 million over 50s.
FCA warns on Axa clone
The Financial Conduct Authority has warned that a firm branding itself as Axa Isle of Man Limited has no ties with the French insurer.