News
Equity Claims appoints WNS
Equity Claims has appointed WNS Assistance to handle its approved repair scheme for private car and light commercial vehicle accidents across the UK outside London.
Coene appointed Europe MD for QBE
QBE has appointed Patrick Coene as managing director, European Markets.
Scor acquires 100% of the capital of Solareh SA
Scor Global Life SE, a subsidiary of Scor SE has acquired the remaining 50% of Solarah SA shares by purchasing shares from Solareh International.
Scientific research improves extreme weather planning
Insurers and commodity markets can make better risk decisions thanks to increased scientific knowledge about the twin climate cycles, El Niño and La Niña.
QBE raids Amlin for new European boss
QBE has appointed Patrick Coene as managing director, European Markets.
Ferma: no more EU corporate governance rules needed now
The Federation of European Risk Management Associations has told the European Commission that it should start with “implementation and robust enforcement” of existing EU corporate governance rules on risk management, rather than creating new ones at the…
Kiln builds aviation team in Singapore
An underwriting team dedicated to aviation risks in Singapore has been formed by Kiln.
Airline carriers see lowest losses in six years
The airline industry experienced an eerily quiet first half of the year, with losses of just $400m, the lowest total in six years, according to the latest report from the Aerospace division of Willis Group Holdings.
Airlines enjoying "calm before the storm" according to Willis report
A low level of airline industry losses recorded in the first half of 2011 could be the “calm before the storm”, according to Willis’ aerospace division.
Groupama launches security product
Groupama Insurance has launched the latest ‘exclusively’ product for commercial brokers.
Aon claims the aviation market remains stable, with premiums up 1%
Aon Risk Services has reported that average lead hull and liability prices in the airline insurance market have been relatively stable so far in 2011, held in check by the low level of losses and abundant market capacity.
Fraudsters jailed for £100 000 insurance scam
A team of fraudsters who attempted to cheat insurers out of £100 000 have been warned by a judge that a message "must go out" that people involved in large-scale insurance fraud will receive prison sentences.
AM Best Europe recruits new MD
Stefan Holzberger has joined AM Best’s European business in the role of managing director, analytics.
Brit still in profit at H1 2011 despite 15.5% COR hit for major claims
Brit Insurance has this morning reported that its profit before tax was £6.8m for the first six months of 2011 (30 June 2010: £77.5m). Excluding the effect of foreign exchange on non-monetary items it was £1.6m (30 June 2010: £72.8m).
AM Best appoints Holzberger as EMEA MD
AM Best has appointed Stefan Holzberger as managing director, analytics.
BGL Group expands board
BGL Group has made a series of appointments to its main board as part of a restructure that establishes four operating groups.
Sean Quinn’s new venture has no Malta licence
The Malta Financial Services Authority has denied reports that Sean Quinn has a Malta- based insurance licence for his new insurance company, Q2, according to sister publication Insurance Age.
Bluefin opens Cardiff office
Bluefin Insurance Services is opening a new branch of its Professions operations in Cardiff.
Towergate Scotland appoints MD
Towergate Insurance in Scotland has appointed Gordon Crosbie as managing director of its Perth and Stirling businesses.
Farm Web recruits area underwriting manager
David Harrison has been appointed area underwriting manager for Farm Web. He takes up the post with immediate effect.
Allianz launches three new account development roles
Three new roles dedicated to providing clients with a direct point of contact for specialised technical advice have been rolled out at Allianz Engineering.
LIU Europe appoints environmental liability underwriter for France
Liberty International Underwriters in Europe (LIU Europe) has appointed Audrey Mondin as environmental impairment liability underwriter in its Paris Office.
RFIB recruits new international boss from Price Forbes
RFIB Group, the Lloyd’s insurance and reinsurance broker, has recruited Andrew Hutchings as divisional director in RFIB International.
Mapfre Re financial strength rating affirmed
AM Best Europe has affirmed the FSR of A+ (superior) and issuer credit rating of “aa-” of Mapfre Re, Compania de Reaseguros, SA. The outlook for both ratings remains negative.