News
Ace research exposes lack of terrorism cover among UK corporates
More than a third of UK corporates do not have specific insurance cover in place for terrorism and political violence risk, according to a survey undertaken by Ace.
Manulife plans Asia expansion
Candadian insurer Manulife Financial plans to double its insurance agents in Asia to about 100,000 in the next five years and boost the region's share of profit to 40%.
CFC launches excess underwriting capability
CFC underwriting director Andrew Holmes, pictured, described his firm's decision to launch an excess underwriting capability as a "natural extension of our overall proposition".
Mapfre to supply motorcyle cover for Peugeot in Italy
Mapfre Asistencia's Italian arm has entered into an agreement with Peugeot Citröen Group to provide roadside assistance and customer services to Peugeot Scooters, the group's specialist motorcycle unit.
Griffith-Jones appointed non-exec chairman of incoming FCA
KPMG chairman John Griffith-Jones will join the FSA board on 1 September as non-executive director and deputy chairman, before becoming non-executive chairman designate of the soon-to-be-introduced Financial Conduct Authority.
EA issues flood warnings across England and Wales
The Environment Agency has issued 36 flood warnings in England and Wales.
Lumley Jacobs extends forensic coding deal with Home & Legacy
Lumley Jacobs has signed a three-year extension to its agreement with Home & Legacy to supply forensic coding to high net worth customers.
MP draws link between doctors' roles and rising motor premiums
A Bradford MP has told the medical profession that it must accept its role in the rising cost of motor insurance after a doctor at Doncaster Royal Infirmary was accused of helping a staged patient write a false claim.
Footballer found not guilty of insurance fraud
Scotland striker Garry O'Connor has been cleared of attempting to defraud Aviva over a £93 500 claim on his crashed Ferrari.
Gallagher buys Missouri business
Arthur J Gallagher has acquired Missouri employee benefits and consulting business, Broker Benefit Services.
Japan to allow sovereign guarantees for tankers
Japan's cabinet plans to approve a bill giving sovereign guarantees for the nation’s oil tankers, circumventing sanctions aimed at stalling Iran's nuclear programme, according to Bloomberg.
RSA fills Asia and Middle East legal role with ex-Fortis Bank GC
General insurer RSA has appointed Christina Tham as legal, risk and compliance director for the Asia and Middle East region.
Aon estimates €5bn loss from Italian quake
The magnitude 6.0 earthquake in Italy's Emilia-Romagna region last month caused an estimated €5bn in economic losses, according to Aon Benfield's monthly global catastrophe report.
Crawford opens office in Guam
Crawford & Company is expanding its reach in the western Pacific with the opening of a new office on the US Pacific island of Guam.
Allianz France agrees deal for Groupama's Gan Eurocourtage
Groupama has agreed to sell the property and casualty brokerage-related activities of its Gan Eurocourtage subsidiary to Allianz France for an undisclosed sum.
ILAA and CILA reconcile over training techniques
Bosses at the Chartered Institute of Loss Adjusters and the Independent Loss Adjusters Association have vowed to "build bridges" with a view to sharing training and education initiatives.
Vijay Raghaven promoted to CEO of Ace Arabia
Ace Group today made several appointments to its Middle East and North Africa team.
XL to write political and trade credit risks via Lloyd's platform
XL Group has received approval from Lloyd's to write political and trade credit risks using the Lloyd's platform via XL Group's Lloyd's Syndicate 1209.
Burton to head Coface's Asia Pacific platform
Richard Burton has been appointed manager for Coface's Asia Pacific platform.
Aviva and Broker Network "mutually agreed" that arrangement could not work
Speaking to Post following the news that Aviva has decided to end an arrangement with Broker Network as its preferred partner, David Skinn, head of broker performance management at Aviva, stressed that this does not change its relationship with member…
Ex-Willis man Mikrut takes up JLT Re executive VP role
JLT Reinsurance has appointed Henry Mikrut as executive vice president.
Fondiaria-Unipol merger suffers further setback
Jonella and Paolo Ligresti, two of the principal owners of Italian insurer Fondiaria-SAI, have refused to agree to conditions necessary to waive a mandatory bid on minorities in a planned merger with rival Unipol, threatening to scupper the deal,…
Generali on negative watch after CEO change
Ratings agency Standard and Poor's has placed Italy's Generali on negative watch following the removal of Giovanni Perissinotto and his replacement with Zurich head of general insurance Mario Greco.
Olympics Countdown: Q&A with Corinna Lawrence
Beazley-sponsored fencer Corinna Lawrence talks to Post about inspirational siblings, her second life as a private tutor and her green belt in taekwondo.