News
$8.13bn of capital required for Indian insurers, says regulator
The chairman of India's insurance regulator has called for a capital increase of 500bn rupees ($8.13bn) into the sector.
Aegis hires Roberts to improve broker relationships
Industry veteran Nigel Roberts has joined Aegis London in the newly-created role of head of broker relations.
Aviva CEO Wilson critical of CMA findings
Aviva group chief executive Mark Wilson says the Competition and Markets Authority failed to deliver required reform in its two year investigation into the private motor insurance market.
British Insurance Awards winner video: Bollington MD Chris Patterson
To celebrate its victory in two categories at the British Insurance Awards, Bollington Insurance Brokers managing director Chris Patterson shares his thoughts on its success.
DLG chief customer officer Evans resigns
Direct Line Group has confirmed the departure of chief customer officer Darrell Evans.
Henderson grows Peterborough footprint with acquisition
Henderson Insurance Brokers has acquired Peterborough-based Richard Kiddle Insurance Brokers.
Bardet upbeat on FCA relationship following 'unsurprising' results
Swinton chief executive Christophe Bardet has heralded the high-street broker's constructive relationship with the Financial Conduct Authority 14 months after it was fined £7.4m for mis-selling.
ERS hires ex QBE casualty claims head
Non-standard motor specialists ERS have appointed Donna Willis as head of personal injury claims.
Ex-Kwik Fit Main man handed commercial director role at Ageas
Ageas Retail and Distribution has appointed former Kwik Fit Financial Services boss Bert Main as its director of commercial, with Greg Ball and James Furse landing non-executive director roles.
Allianz adds Axa underwriter to Newcastle branch
Allianz has made two new appointments to its Newcastle branch, including swooping for a Glasgow-based Axa underwriter.
Liberty expands casualty claims team with two hires
Liberty Mutual Insurance has appointed Natalie Briggs and Ian Floyd as senior claims specialists.
Quindell stumped by tumbling share price
Quindell has admitted it is unaware of what caused the firm to lose just under 25p from its share price over the last week.
Axa hires Crouch for broker partnerships role
Axa Commercial Lines and Personal Intermediary has appointed Amy Crouch as strategic relationship executive.
Helios sees H1 GWP boost through acquisitions
Helios Underwriting has attributed its increase in underwriting capacity to £21.3m for the six months ended 31 June 2014 to the acquisition of three businesses in the period.
Munich Re in director reshuffle for global marine launch
Following the appointment of John Wilkinson as head of global marine partnership, Dieter Berg has taken up a business development role for the new division.
Hong Kong still disrupted by pro-democracy protests
Work and student life has been disrupted in Hong Kong over the last week as thousands of protesters took to the streets to call for China to introduce full democracy to the SAR.
Risk appetite at seven year high among CFOs, states Deloitte report
A combination of a rebound in the US economy, UK growth and easy access to finance has led to risk appetite among chief financial officers hitting a seven year high, according to Deloitte.
Underwriting director Hall quits NIG
NIG’s underwriting director Martin Hall has quit the Direct Line-owned insurer after just under five years as director of underwriting and pricing, Post can reveal.
Swinton sees 26% 2013 profit drop
High street broker Swinton has reported post-tax profit of £14.1m for 2013, a 26% decrease on its prior year result.
Endsleigh launches motor policy for international students
Endsleigh has unveiled a new motor policy in collaboration with Zurich and Clements Worldwide.
Judges can be trusted to find 'fundamental dishonesty', claims Lord Faulks
The "fundamental dishonesty" clause proposed in the Criminal Justice and Courts Bill will lead to “more realistic claims being brought”, according Minister of State for Civil Justice Lord Faulks.
Acappella syndicate names CUO Indge as active underwriter
Pembroke Management Agency syndicate Acappella 2014 has appointed Acappella group chief underwriting officer David Indge as active underwriter following the resignation of David Bruce.
Insurance chiefs to be held 'more clearly accountable' under BoE plans
The heads of insurers will be held “more clearly accountable” as part of a new standards regime planned by the Bank of England.
BLM beefs up Irish presence by joining forces with CFS
BLM is to incorporate Northern Irish risk and insurance law firm Campbell Fitzpatrick Solicitors in a move that will result in the combined operation being bolstered by 21 legal experts, including eight partners.