News
Tay joins Axa as Asia chief risk officer
Annie Tay has joined Axa in Asia as the chief risk officer for the region.
Week in Post: CMC impersonators, NED worries, and a Team GB gold medal winner
Sitting in my front room on Saturday morning I took a phone call from a claims management company.
Elite Insurance sees pre-tax profit soar with 140% increase
Elite Insurance has reported strong H1 results for 2016, with a 140% increase in pre-tax profit and a 20% increase in net assets.
XL Innovate backs peer-to-peer start-up Lemonade with 'significant investment'
XL Innovate has made a "significant investment" in peer- to-peer insurance company Lemonade.
Italian earthquake 'will not lead to significant insurance losses'
Though clearly a massive humanitarian impact event, Wednesday’s earthquake in central Italy will not lead to significant losses for insurers, risk modelling firm RMS said.
CII makes three roles redundant following internal review
The Chartered Insurance Institute has made three senior staff roles redundant following an internal review.
Covent Bridge makes second acquisition in six months
Covent Bridge has acquired R-ISC Investigation and Surveillance Company in the group’s second UK acquisition in just six months.
Redundancies contribute to £4.9m savings for Towergate
Towergate has saved £4.9m partly due to redundancies following the closure of its Milton Keynes retail business.
Video: Rio gold medallist Ed Clancy talks insurance
He may have just got back from Rio, where we was busy winning gold at the Olympics, but GB cyclist Ed Clancy still had the time to talk to Post about insurance.
Jackson Lee gains Lloyd's coverholder status and signs deal with Sompo Conopius
Jackson Lee Underwriting had secured Lloyd’s coverholder status as it signs new deal with Sompo Canopius.
IFB extends contract with BAE systems after 10 years of partnership
The IFB has decides to keep BAE Systems NetReveal as its next generation fraud detection platform until 2020.
Slater & Gordon set for A$1bn loss
Slater & Gordon is set to make losses of A$1.01bn (£587m) for the past financial year.
German non-life premiums to continue rising to offset declining investment yields
German non-life insurers will continue to increase premiums to offset declining yields on their investment portfolios, Fitch Ratings has predicted.
Greenwood takes on international role at CII
Mark Greenwood, the Chartered Insurance Institute's Asia-Pacific regional director, has taken on the new role of international director.
Towergate records £16.7m EBITDA in first half; revenue falls 7%
Towergate's profits before amortisation, interest and tax climbed to £16.7m in the first half of 2016 compared to a loss of £14.7m in H1 2015.
Six 'driverless' taxis take to the road in Singapore
US software company Nutonomy is offering free rides in six 'driverless' taxis in Singapore from today.
XL Catlin bolsters Asia-Pacific political risk team
XL Catlin has made a senior underwriting appointment in Sydney.
Biba accountant who stole £24,000 is jailed for 18 months
An accountant for the British Insurance Brokers’ Association has been jailed for 18 months.
AIG tipped to sell stake in Ascot Underwriting
American International Group is in discussions to sell its shares in Ascot Underwriting.
FCA approves Tech Mahindra's acquisition of Target
The Financial Conduct Authority has confirmed that it has formally approved the acquisition of Target Group by digital transformation specialists Tech Mahindra.
Liberty Specialty Market expands its presence in Italy
Liberty Specialty Markets will expand its presence in Italy through the acquisition of the Italian Lloyd’s coverholder, Wholesale Binding Authorities.
Van premiums rise by 11%, motor index finds
The average van premium has risen by 11% to £967 a year since 2015, new research from Consumer Intelligence has revealed.
Steadfast's profits and revenues climb in 2015/16
Steadfast, the Australian general insurance broker and broker network, had a solid year of growth in the financial year ending 30 June 2016.