News
Fleet UK launches telematics product for SME fleets
THB Group subsidiary Fleet UK has teamed up with sister company Cardinus, Zurich and telematics consultancy JGCH, to launch a telematics solution for small to medium sized fleets.
Lack of cat data generating "flawed" models: Marsh
Insurers are spiking premiums where businesses are generating “flawed” modelling because of limited information on supply chain and property risk exposures, according to Marsh.
Arista reports boosted £1.7m Ebitda in 2012
Commercial lines underwriting specialist Arista Insurance has posted an Ebitda of £1.709m for 2012, up from the £1.334m achieved in 2011.
Aviva acquires Perth office
Aviva has purchased its Pitheavlis building in Perth, which it previously leased and where 1300 of the insurers’ employees are based.
Axa chief urges French president to learn from British mistakes
Axa chairman and chief executive Henri de Castries has called for French president François Hollande to "learn the lessons of Britain's experience" in the 1970s and tackle the levels of debt in France's economy.
R&Q completes French acquisition
Randall & Quilter Investment Holdings has closed the acquisition of the share capital of French domiciled insurer La Réassurance Intercontinentale from MMA.
Britons warned against travel to Turkey
As Turkey is facing a wave of government protests, Britons have been warned against all but essential travel to some parts.
Fire at poultry farm in China kills over 120
A fire at a poultry farm in Dehui city, Jilin province in China has killed at least people and 70 more are injured.
Severe flooding hits Central Europe
Authorities in Central Europe have declared states of emergency after severe flooding hit cities across the region.
India's GDP growth slows
India has recorded its worst GDP growth in a decade as fears persist over high inflation and a slump in manufacturing.
Taiwan earthquake kills two
A 6.3 magnitude earthquake in central Taiwan has killed two people and injured over 20 more.
Hong Kong premiums grow 15% in Q1
Total gross premiums in Hong Kong climbed 15.2% year on year to HK72.4bn ($9.3bn) according to the Office of the Commissioner of Insurance.
Kennedys merges with aviation specialists Gates and Partners
Kennedys has agreed a merger with specialist aviation and aerospace law firm Gates and Partners.
Allianz rebrands Your Cover in bid for greater UK recognition
German insurance giant Allianz has launched a brand building campaign in a bid to make Allianz a household name in the UK.
Pressure mounts for riot damages reform
MPs and local authorities are keeping up the pressure to get a better deal for property owners and businesses in the wake of the riots of summer 2011.
DAC Beachcroft appoints former regulator to Madrid practice
International law firm DAC Beachcroft has appointed a new partner to its Madrid-based insurance regulatory practice.
Giles reports 2012 Ebitda up 3%
Independent broker Giles has reported increased earnings for the year to 31 August 2012, driven by new business launches and an acquisition.
EHIC rejection could hit travel premiums warns Columbus Direct
The use of travel insurance as a substitute for the European Health Insurance Card is starting to affect travel insurance premiums for European countries including Spain, Greece and Cyprus, according to travel insurer Columbus Direct.
BGL Group to launch ABS
BGL Group has acquired legal practice Minster Law becoming the latest insurance company to form an alternative business structure.
Travel premiums set to rise if insurance is used as substitute of EHIC
Travel insurance premiums for countries like Spain, Greece and Cyprus are set to rise if European nations keep referring people to private hospitals instead of providing the care they are entitled to under European Law, Columbus Direct has warned.
Floods hit Mexico's Pacific coast following Barbara landfall
Excessive rainfall and flooding have hit some areas of southeastern Mexico after hurricane Barbara made landfall near the state of Chiapas on Wednesday.
Lorica COO Godbold on gardening leave
Stephen Godbold has left insurance broker Lorica and is currently serving gardening leave.
Cunningham Lindsey promotes two in management shuffle
Loss adjuster Cunningham Lindsey has named new leaders for its surveying and contractor network divisions, in a bid to bring fresh ideas to its leadership.
Hong Kong no longer world's 'most competitive' economy
Hong Kong is no longer the world's 'most competitive' economy according to the International Institute for Management Development.