News
CVC Capital Partners takes majority stake in loss adjuster Cunningham Lindsey
CVC Capital Partners has acquired a majority stake in global claims and loss adjusting firm Cunningham Lindsey.
Bluefin appoints Reich's Capel
Axa-owned insurance broker Bluefin has appointed John Capel as regional managing director.
Germany's GI sector stable, says Fitch
The rating outlook for the German non-life insurance sector remains stable, with motor rates expected to continue recovering in 2013, according to Fitch.
CVC buys majority stake in Cunningham Lindsey
Private equity house CVC Capital Partners has bought a majority stake in loss adjusting giant Cunningham Lindsey.
Witteus joins Lockton to develop Nordic region
Broker Lockton has appointed Nordic insurance and risk management expert Christer Witteus to its London-based major accounts team.
Covéa launches in UK
Covéa Insurance, the business created from the merger of MMA Insurance and Provident Insurance, launched today, promising to deliver "the quality, consistency and financial reassurance that our broker partners and customers value".
Covéa Insurance CEO Reader looking ahead following official launch
Covéa Insurance, the business formed following the merger of MMA Insurance and Provident Insurance, has been officially launched today.
Liberty Syndicates boosts new speciality products team
The Lloyd's operation of Liberty Mutual has recruited Simon Stokoe to its recently launched speciality business.
Torus gets Buffett backing
International insurer and reinsurer Torus has received a capital injection from National Indemnity Company, a subsidiary of Berkshire Hathaway.
Post Blog: Keeping up with customers
Policyholders are au fait with the world of real-time publishing, so isn't it time the insurance industry caught up? James Mullarney explains.
Typhoon Jelawat becomes third to hit Japan this year
Typhoon Jelawat made landfall in Okinawa this weekend, before reaching Japan's main island of Honshu, the third typhoon to do so this year.
Grant Thornton appointed as Gibraltar insurer Lemma goes into liquidation
Lemma Insurance Company has gone into liquidation, the Gibraltar Financial Services Commission has confirmed.
DLG to miss out on FTSE 100 listing
Direct Line Group is unlikely to join the FTSE 100 when it lists on the London Stock Exchange this month.
Francis accepts nomination for Swiss Re board
Mary Francis has been proposed for election to Swiss Re's board of directors at its next annual general meeting in April 2013, and to join the board of directors of Swiss Reinsurance Company on 1 October 2012.
Zurich GI UK yet to finalise gender-neutral pricing strategy
Zurich General Insurance UK has yet to set a date for the implementation of gender-neutral pricing, as its UK life division reveals a planned time-frame.
DLG publishes IPO prospectus
Direct Line Group published its prospectus this afternoon for an initial public offering.
QBE hopes to further bolster '100%' capacity arrangement with RMP
QBE director Craig Bennett has reaffirmed his company's commitment to a capacity arrangement with AJ Gallagher International managing general agent RMP, despite suggestions that public sector pressures could lead to a pull-out.
Polish treasury wants $1.6bn in dividends from state-owned firms
Poland's treasury ministry plans to receive PLN5bn ($1.6bn) in dividends next year from companies under its control in order to help plug the budget gap, treasury Minister Mikolaj Budzanowski said on Friday.
OFT decision hit DLG float pricing, say analysts
The referral of the motor market to the Competition Commission has had a direct impact on Direct Line Group's pricing estimations as the company continues plans to float up to 33% of total share capital.
'Signposting' agreement has not worked, says Age UK
The 'signposting' agreement introduced by the Association of British Insurers in April is not working effectively, according to a leading age charity.
Law firms hail OFT for looking at bigger picture beyond whiplash
Lawyers have continued to highlight their support for the Office of Fair Trading's decision to refer the motor insurance industry to the Competition Commission.
DLG expects £2.7bn value on flotation
Direct Line Group has announced a price range for its planned initial public offering of 160p to 195p per share.
NHBC names Mike Quinton as CEO
Mike Quinton has been appointed chief executive of the National House Building Council.
Hannover Re develops reinsurance for Ukraine market
German insurer Hannover Re has developed a bespoke reinsurance programme for the Ukranian market, according to a report by Romania-based news agency Xprimm.