News
Insurers urge Queensland to reconsider stamp duty rise
The Insurance Council of Australia wants Queensland's government to reconsider its 1.5% stamp duty increase on insurance products.
Ace to open office in Myanmar
Insurer Ace is planning top open a representative office in Myanmar by the end of the year.
Hong Kong government eyes more control over health insurance
The Hong Kong government wants to increase coverage and regulation in the sector.
Private Indian insurers can operate overseas
The Insurance Regulatory Development Authority in India is opening up the door from Indian insurers to have overseas operations.
Airlines to face claims after fire causes delays at Heathrow
Airlines operating out of Heathrow could face substantial claims if current delays affect tomorrow’s flights.
Triple merger takes its toll on Covea's 2012 pre-tax profit
Covea Insurance saw its pre-tax profit plummet by almost 50% last year, as merger activity took its toll on the firm’s full year results.
RSA acquires Aon’s Irish PL business
RSA has struck a deal to purchase AonInsure.ie, a personal lines price comparison site operated in Ireland by broking giant Aon.
RSA acquires Aon's Irish personal lines business
RSA Insurance Ireland has acquired Aon's Irish personal lines business.
City law firm EC3 Legal establishes real estate practice
EC3 Legal has launched a new real estate practice to support brokers, Lloyd’s agencies, managing general agents and other support providers in the insurance sector.
Allianz completes $175m windstorm and earthquake bond
Allianz has secured $175m of protection against named storms in the US, Mexico and Carribean, as well as North American earthquakes, ahead of the 2013 Atlantic hurricane season.
Barbican's PI arm appoints underwriting manager
Professional Indemnity Protect part of Barbican Group Holdings, has appointed Denise Mercer as underwriting manager.
Six Asian insurance regulators unite to help low-income families
Six Asian regulators have agreed to work together to promote insurance for low-income families in their respective countries.
Cunningham Lindsey hands Jupp major loss role
Loss adjuster Cunningham Lindsey has promoted its London and Southeast regional boss to a new role as its head of major loss.
PI Protect appoints Underwriting Manager
Barbican Group Holdings-owned Professional Indemnity Protect has appointed Denise Mercer as underwriting manager.
Sky subscribers warned against bogus insurance salesman
Residents in Cheshire are being warned not to be duped by a con-man who has been attempting to sell insurance for Sky television set-top boxes.
Asian highlights of the week
A round-up of the best articles featuring Asia on Insurance Insight this week.
Irwin Mitchell to pick up PI books from struggling law firms
Irwin Mitchell is preparing to acquire the personal injury books of law firms exiting the market as a result of the recent legal reforms, Post’s sister publication Legal Week reported.
Moore tornado losses unlikely to reach London insurers
Insured losses from the devastating tornado that hit the Oklahoma City suburb of Moore are unlikely to hit the London market.
Many uninsured renters impacted by $2bn Oklahoma tornado
The Oklahoma Insurance Department has warned that many rented households destroyed by the recent tornado may have no insurance cover, following estimates that costs could hit $2bn (£1.3bn).
Scientists warn of pandemic potential of H7N9 bird flu
The bird flu outbreak appears under control in China although scientists are warning the virus could spread between humans.
Insurance sector aids Singapore economy
Singapore's GDP expanded 1.8% in the first quarter of 2013 beating analysts' expectations of 1.4%.
Indian regulator signs global information exchange agreement
The International Association of Insurance Supervisors has added India to a regulatory information exchanging agreement which now spans 37 countries and 54% of premium volume.
Xchanging loses adjusting trio to Charles Taylor
Three senior adjusters have departed Xchanging Claims Services to join Charles Taylor, following the path of former chief adjuster Richard Cook.
US tax proposals will limit reinsurance capacity says Insurance Europe
A renewed bid to tax reinsurance ceded by non-US companies to their offshore affiliates, has been strongly condemned by trade body Insurance Europe.