News
Former Axa boss Hardy on six months' gardening leave
Ex-Axa personal lines chief executive and Swiftcover founder Steve Hardy is on gardening leave for six months, Post has learned.
Ex-Swinton CEO Halpin eyes imminent market return
Former Swinton chief executive Peter Halpin has announced that he expects to plunge back into the market in the coming months alongside two former executive board colleagues.
Jelf boosts its schemes and affinities team
Jelf Insurance Brokers has appointed James Balfour as schemes account executive to join the company's newly established schemes and affinities team.
Cobra takeover deadline extended for fifth time
The Cobra takeover deadline has been extended for the fifth time, as chief executive Stephen Burrows continues to push through a deal.
Bharti Axa plans to grow business in India's west zone
Axa's Indian joint venture, Bharti Axa General Insurance Company, grew its gross written premium by 60% in 2011-12 to Rs 892 crore, according to the Times of India.
Aviva's relationship with Willis Networks tipped to be under review
Aviva is reviewing its partnership with Willis Networks, Post understands.
MAS to consult on risk-based capital framework in Singapore
The Monetary Authority of Singapore has released a consultation paper on the review of the risk-based capital framework for insurance business.
People's Insurance Company of China given green light for Hong Kong IPO
The state-owned People's Insurance Company of China, one of the country's biggest insurers by premiums, received Hong Kong regulatory listing approval on Thursday for its IPO, The Wall Street Journal reported.
Mapfre signs deal with Ford Italy for insurance on second-hand vehicles
Mapfre Asistencia has signed an agreement with the Ford vehicle brand in Italy to offer road cover and assistance schemes to customers buying used vehicles.
China to allow insurers to manage offshore yuan funds
China has agreed to allow insurers to manager offshore yuan funds, along with fund houses and brokerages, Shanghai Securities News reported.
Ecclesiastical makes Archdeacon Wilson non-executive director
Specialist insurer Ecclesiastical has appointed the Venerable Christine Wilson to non-executive director of the board.
UK companies unprepared to deal with cyber crime
A workshop hosted by QBE has revealed that UK companies are ill-equipped to deal with cyber crime, despite its costing UK business £27bn a year.
Endsleigh ties up IBM web analytics deal
Endsleigh bosses hope to improve the completion rate of online insurance applications after signing up to IBM's Coremetrics Web Analytics.
RSA joins forces with UN to promote sustainable insurance
RSA is one of 30 companies and associations across the insurance industry to join a United Nations-backed set of Principles for Sustainable Insurance.
Risk Technology partners with Fresh Insurance for telematics launch
Risk Technology has joined forces with Fresh Insurance to offer a telematics car insurance product called Autosaint.
LV hires new chief investment officer
LV has appointed former Unilever fund manager Wendy Mayall as chief investment officer.
MGAs need to focus on EL and PL changes, BLM urges
Managing general agents have been urged to consider the implications of changes in costs regimes and processes for handling employers' liability and public liability claims, due to be implemented in 2013.
Allianz makes string of new hires
Allianz has boosted its commercial and legal protection divisions with four new appointments.
Olympics Countdown: Q&A with Hannah Cockroft
With just a month to go to the games, Caravan Guard-sponsored wheelchair racer Hannah Cockroft talks McFly, heterochromia and spaghetti bolognese.
Axa and Aviva join UN sustainable insurance group
General insurance giants Axa and Aviva have signed up to the UN-backed Principles for Sustainable Insurance.
RSA signs up to UN sustainable insurance initiative
RSA has joined an UN-backed set of Principles for Sustainable Insurance which aims to provide tools for risk management in support of environmental, social and economic sustainability.
European investors warned over hidden flood exposures in international interests
European investors in emerging markets and their insurers need to be more aware of possible exposure to flood risk, according to Swiss Re's head of flood risk.
Ecclesiastical pledges support for new scrap metal bill
Church insurer Ecclesiastical has welcomed a private member's bill clamping down on metal theft by giving police and councils more power.
Ace appoints president for personal lines and commercial
Ace Group has appointed Darryl Page as division president for international personal and business insurance.