News
DLG boss expects reforms to prompt limited benefit in tough market
Direct Line Group chief executive Paul Geddes has vowed to adopt a conservative outlook on legal reform within the motor market and has suggested financial gains will be enjoyed by consumers as opposed to insurers.
Mapfre's Q1 revenue boosted by international business
Spain’s Mapfre increased its first quarter revenues by 1.6% to reach €6,942m, driven mainly by the international business.
AIG targets London market as it reveals its 2012 results
AIG UK is past its crisis and ready to hit the London market hard, according to its UK managing director Nicolas Aubert.
Hiscox pairs with Abbeyfields in wedding cars scheme
Hiscox and broker Abbeyfields have come together to launch a new niche cover for wedding car hire.
General Legal Protection steps into lettings market
General Legal Protection has launched a landlord rent guarantee insurance product designed for the letting agent market.
LV’s ABC home launches on Kwik-Fit panel
LV Broker has launched its ABC home product on the Kwik-Fit insurance panel.
Aviva undertakes overhaul of external legal panels
Aviva is inviting law firms to pitch for a place on its global and UK panels as part of an overhaul of the insurer’s external legal advice set-up.
Competitive motor market sees GWP at DLG slide 4.5%
Tough market conditions have been identified as the root cause behind a 4.5% slump in the Direct Line Group’s gross written premium for ongoing operations in the first quarter of 2013.
Crawford training investment sees 47 staff win Cila and CII certificates
Almost 50 staff at Crawford’s UK operation have completed professional certification with the Chartered Institute of Loss Adjusting and the Chartered Institute of Insurance, 18 months after the loss adjuster boosted spending on training.
Hong Kong's regulator comments on RBC timetable
As Hong Kong's insurance industry prepares for a risk-based capital regime, Insurance Insight asks Annie Choi, Commissioner of Insurance at the Office of the Commissioner of Insurance Hong Kong, about the implementation timetable.
Euler Hermes signs trade credit insurance agreement with HSBC
Euler Hermes is to become the exclusive supplier of trade credit insurance to HSBC's commercial banking customers.
SARS-like virus kills five in Saudi Arabia
Five people have died and two are ill in Saudi Arabia after contracting a SARS-like virus.
Dual revamps senior management team
Hyperion Insurance Group’s underwriting arm Dual has made three senior appointments within its UK operation.
SRA chief Townsend to step down
Solicitors Regulation Authority chief executive Antony Townsend will leave his role later this year.
Ex-Groupama claims director Wills joins Nationwide accident repair firm
Former claims director at Groupama Insurances, Darren Wills, has been appointed operations director of Nationwide Network Services’ accident management division.
Arag hires trio to join before-the-event claims team
Legal expenses insurer Arag has boosted its claims department with the addition of two new claim handlers and a senior claims handler.
Allianz eyes international health top spot
Allianz plans to be the number one international health insurer by 2014, the chief executive of Allianz Worldwide Care has revealed.
AI: More prosecutions would help the fight against insurance fraud
Insurers' appetite for prosecution could help reduce motor fraud, David Montgomery, chief executive at Armour Intelligence said.
First Title recruits from Law Society for business development boss
Legal indemnity provider First Title Insurance has recruited former Law Society brand boss Neil Skinner to lead business development in Scotland and Ireland.
UK General to launch niche motor scheme alongside Enterprise
UK General is preparing to launch itself into the non-standard motor arena with a scheme for brokers, in partnership with Gibraltar-based motor and general insurer Enterprise Insurance.
Swiss Re "on target" after $1.4bn Q1 net income
Swiss Re is “on track to achieve its financial targets” after posting net income of $1.4bn for the first quarter, up 21% on the prior year period.
Swiss Re Q1 income jumps 21%
Swiss Re is “on track to achieve its financial targets” after posting net income of $1.4bn for the first quarter, up 21% on the prior year period.
Bought By Many and Travel Adder to offer travel insurance for over 65s
Social media powered insurance intermediary Bought By Many has partnered with Travel Adder to launch a travel insurance policy for over 65 year-olds.
Former IFB and Groupama director Phil Bird returns as a broker with Coversure
Former Groupama Insurances claims and non-motor & SME underwriting director director Phil Bird is to return to the insurance market in June as a broker with Coversure based in Essex.