News
Solvency II poll result
Barnett Waddingham has criticised insurance firms over Solvency II readiness.
RSA reorganises speciality business
RSA has consolidated its global speciality business in a bid to link brokers and customers seeking global expertise and capacity.
BIBA 2012 Video: Freebies, nights out and reflections on the conference
We ask attendees how successful they think the conference was and lift the lid on what they got up to in the evenings.
Helvetia grows occupational benefits premium in 2011
Helvetia Switzerland increased premium income in its occupational benefits business by 18.7% to CHF2.48bn in 2011.
Xchanging names Reynolds to lead sales
Business process and technology services provider Xchanging has appointed Mike Reynolds as global sales director of insurance with immediate effect.
Lorega backs policyholder legal battle with Davies
A Welsh policyholder's four-year dispute with Davies Group over its alleged mis-management of his property claim represents "the tip of the iceberg", according to Lorega chairman Malcolm Harvey, who has agreed to take up the case free of charge.
ALC increases Prima cover limits
Global medical insurer ALC Health has increased the annual limits of its Premier, Classic and Ibérica plans as part of a review of the Prima range of medical insurance plans.
Magnitude 6.0 earthquake strikes northern Italy
An earthquake that struck the Emilia-Romagna region of northern Italy in the early hours of 20 May was the strongest in the country since the magnitude 6.3 L'Aquila quake in 2009.
RSA puts specialty into three divisions
RSA has reorganised its speciality businesses around the world into three key divisions to join up brokers and customers seeking global expertise and capacity.
Aon's Jones to chair Average Adjusters
Keith Jones has been elected chairman of the Association of Average Adjusters following its annual general meeting. He takes over from Paul Silver, pictured, of Richards Hogg Lindley.
McLoughlin returns to Sevitt as project director
Setanta Insurance's former Ireland general manager, Deirdre McLoughlin, has returned to Sevitt Group as project director.
Italy quake: Low level of insurance claims expected
The insurance industry has avoided significant losses from the 6.0 magnitude earthquake that hit northern Italy on Sunday morning due to low take-up of personal property cover in the area.
Merlin rejects administration claims
Merlin has "categorically" denied claims that the company is going into administration.
Young driver car insurance amounts to a fifth of salary
Young drivers can pay nearly 20 per cent of their annual salary in car insurance, according to Confused.com.
Insurers pay out £1m a week for metal theft
Incidents running at 1,000 a week, according to the Association of British Insurers.
Former Setanta boss McLoughlin joins Matthews at Sevitt
Deirdre McLoughlin, Setanta Insurance's former general manager in Ireland, has returned to the recently expanded Sevitt Group as project director.
MSI Management cites 'favourable business environment' following Dublin move
Mitsui Sumitomo service company MSI Management UK and Ireland is to open a Dublin headquarters to be the intermediary hub for regional underwriting business, underwritten by Syndicate 3210 at Lloyd's.
DAC Beachcroft teams up with Canadian law firm
DAC Beachcroft and Canadian law firm McCague Borlack have entered into a formal association working with international clients.
Kiln forecasts profits in non-aligned syndicates for 2010 and 2011 accounts
R J Kiln & Co has forecasted profits for its four non-aligned syndicates with catastrophe losses for the 2010 and 2011 years of accounts.
Towergate withdrawal leaves Cobra boss Stephen Burrows as only bidder for broker
Towergate has pulled out of buying troubled AIM-listed broker Cobra, leaving the way clear for Alto, the buyout venture backed by Cobra boss Stephen Burrows, pictured.
Departing migrant workers make EL claims as they leave, warns Allianz
Allianz UK boss Andrew Torrance has blamed east European construction workers returning home for a spike in employers' liability claims.
BIBA 2012: MGAs 'make sense', say insurers and brokers
Insurers, brokers and managing general agents believe that delegated authority "makes sense" if parties have the same interests, but some MGAs lack the skills to work effectively.
Mitsui Sumitomo at Lloyd's opens in Dublin and creates 30 jobs
MSI Management UK and Ireland, the new service company of Mitsui Sumitomo at Lloyd's, is opening a Dublin headquarters.
Commercial lines hurt Allianz's Q1 COR
Allianz has reported UK Q1 gross written premiums up 6.8% over same period in 2011 and a marginally worse combined operating ratio of 97.1% giving the firm its 37th consecutive quarter with a sub-100% COR.