News
German regulator seeks insurance supervisor head
Bafin, the German financial regulator, is seeking a new head of insurance supervision.
Time called in Chester as Garwyn moves to Manchester
Specialist liability adjuster Garwyn has closed its Chester office and replaced it with a branch in Manchester.
Solarif and HDI Gerling partner with LDK Solar for complete PV cover
Solar insurance and finance firm Solarif has partnered with solar photovoltaic manufacturer LDK Solar to offer customers what it claims is the first full insurance package at the system level.
Riverstone Group to acquire Brit Insurance Limited
Brit Group has agreed the sale of its FSA-regulated insurance company, Brit Insurance Limited, to Riverstone Group.
Drunken holidaymakers invalidate travel insurance, research reveals
Travellers have been warned that they could invalidate their travel insurance if they have an incident on holiday while under the influence of alcohol or non-prescription drugs.
Indian insurance employees' association calls for public merger
The All-India Insurance Employees' Association has called for the merger of four public sector general insurance companies to help bring down costs.
Axa moves to loans to diversify investment portfolio
Insurance group Axa will offer loans to mid-cap companies in France as the firm looks to diversify its investment portfolio.
Brit offloads legacy liabilities to Riverstone
Brit Group has agreed the sale of its Financial Services Authority-regulated Brit Insurance Limited to Riverstone Group.
Esure and Shelias' Wheels go live with smartphone apps
Esure Broker and Sheilas' Wheels Broker have launched insurance apps enabling existing customers to access their accounts and generate new quotes.
Japan's lower house passes Iranian oil tanker bill
Japan took a major step towards circumventing the imminent EU sanctions against Iranian oil on Friday after its lower house passed a bill to provide government guarantees on insurance for Iranian crude cargoes, Reuters reported.
Mapfre to provide assistance services for Dominicana Compañía de Seguros
Mapfre Asistencia's Dominican Republic-based subsidiary will offer an assistance scheme for motor insurance cover to customers of general insurance firm Dominicana Compañía de Seguros.
RSA ruling to create added costs in motor repair, says Groupama
The High Court's decision to rule in favour of RSA on subrogated motor repairs will cause "confusion" and "frictional expense", according to Groupama.
Ageas Insurance Solutions appoints senior management duo
Ageas Insurance Solutions has reiterated its determination to pursue further growth following the appointments of Colin Butler as senior insurer development manager and Chris Quayle as head of finance.
RSA wins subrogation case while Allianz fears motor premium hike
RSA has won a High Court battle defending its policy of adding up to 25% to motor repair bills passed on to rival insurers through subrogation, much to the disappointment of Allianz and Provident Insurance, which were involved in the litigation and…
Keychoice and Aviva extend partnership
Keychoice and Aviva have extended their general insurance distribution agreement.
Thistle Insurance manager Comerford joins MGAA as general manager
The Managing General Agents Association has appointed Thistle Insurance boss Jane Comerford as general manager.
Quindell set to boost growth with potential further acquisition
Quindell has reached an agreement to partner with Intelligent Claims Management, a cloud-based claims management network in the UK.
UK insurers face capital hike under RMS v11
UK insurers may see increases of up to 97% in their capital requirement for catastrophe exposures under Solvency II rules when making calculations under the new RMS model version 11, with French and German insurers facing similar though not quite so…
Ten Insurance launches scheme for amateur radio enthusiasts
Broker network Ten Insurance has launched a new scheme for The Radio Society of Great Britain, the not-for-profit national organisation for amateur radio enthusiasts.
Oman Insurance signs bancassurance deal with CBI
The Oman Insurance Company has signed a deal with Commercial Bank International to provide a range of insurance products.
Olympics Countdown: Plotting the profits of the games
While insurers may coin it as companies take on additional cover during the games, increased profits for leisure businesses are far less certain.
Mobile phone insurance 'unnecessary', says Virgin Media survey
Virgin Media director of mobile Jamie Heywood has challenged the mobile industry to highlight the importance of insurance following a "shocking" survey which found that 72% of those polled are not insuring their phones.
Xchanging makes sales hire as part of North America push
Xchanging has appointed Jenna Fontaine as director of sales for the firm's North American operation to engage with new and existing customers and drive growth.
BGL invests £1m in Fusion service centre technology
Fusion Contact Centre Services, part of the BGL Group, is to spend £1m enhancing its technology platform.