News
Aon France director joins Miller
Aon France has lost its head of political risks, Arnaud Froideval, to Miller where he has joined the marine team.
Philippines economy grows 7.8% in Q1
GDP growth of 7.8% beats analysts' expectations and last year's Q1 rate of 6.5%.
Singapore insurance workers can expect 5% pay rise in 2014, according to the Hay Group
According to management consultancy the Hay Group, insurance workers in Singapore can expect an average 5% pay rise next year.
Chinese to develop London's Royal Albert Docks
The Mayor of London Boris Johnson has signed a £1bn ($1.5bn) deal with Chinese developer Advanced Business Parks China Holding Group to renovate the Royal Albert Docks as a business district.
Miller adds French political risk specialist to marine team
Miller has added to its marine team with the hire of political risk production and broking specialist Arnaud Froideval.
Arista hires ex-Axa underwriter for senior development role
Commercial lines underwriting specialist Arista has appointed Claire Morris as senior development underwriter to its Southampton office.
APC lifts its limits to quote up to £50m risks online
Commercial insurance underwriting agency, APC, has increased the limits on the majority of its public and products liability risks to £10m and property risks to £50m, in a bid to help smaller brokers snare larger clients.
London market's global needs drive innovation says Xchanging
Technological innovation is needed to ensure it is “as easy to do business in London as it is anywhere else”. This was the key message from Xchanging’s Services and Innovation Market Forum today.
Ace appoints Bartolo as UK & Ireland environmental risk manager
Ace Group has hired environmental consultant Emma Bartolo to manage its UK & Ireland environmental liability book.
Post Audio Supplement - 30 May 2013
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Confused to unveil new branding this weekend
Confused is ready to launch a multi-million pound re-brand with views to re-positioning the brand on the market. The first advertising spot will be aired this Saturday, 1 June, during Britain’s Got Talent.
Insurance ombudsman complaints at highest level since 2000
The number of insurance complaints, excluding payment protection cover, has reached its highest level since the launch of the financial ombudsman in 2000 according to figures published today.
Google to face ‘formal charges’ for breaking EU law
European Commissioner Joaquin Almunia has warned Google that it is likely to face formal charges for violating European competition law, the New York Times reported.
APC extends liability limits
Underwriting agency APC has increased the limits on the majority of its public and products liability risks to £10m and property risks to £50m in a move that it claims will help smaller brokers win larger clients.
Intense hurricane season warning for US
Insurers have been warned that above-average hurricane activity is on the way for the period between 1 June and the end of November.
AIG extends oil and gas cover
AIG has expanded its oil and gas product to offer increased limits and cover, coupled with stronger specialist loss control services.
Lockton recruits general counsel from Towergate
Lockton has swooped to recruit Towergate’s head of legal and secretariat.
Carlier named Cooper Gay Re CEO
Former RK Carvill and Minet Re chief executive Ron Carlier is to return to the industry leading the reinsurance subsidiary of Cooper Gay Swett & Crawford.
Ai Claims wins Honda contract
Honda has appointed Ai Claims Solutions to handle accident management and credit hire for the motor manufacturer’s UK customers.
Insurers raise concerns over inadequate cover for amateur football players
Mandatory insurance enforced by FA covers only ‘extremely rare’ incidents
Insurers’ closed third-party phone lines add to claim settlement times
Zurich to consider litigation if subrogation times are ‘unreasonable’
Allianz investigates possible employers’ liability fraud rings
Insurers must do more to clamp down on fraudulent employers’ liability claims before organised fraudsters take the “next logical step” into the EL sector, according to Allianz fraud manager Mihir Pandya.
Claims rise adds to fears fraudsters are targeting EL
Employment arena is ‘fertile’ ground for organised fraud
Forecasters predict high hurricane levels as Oklahoma reels from tornado
‘70% chance’ of above-average hurricane activity between July and November