News
Swiss Re unveils senior appointments
John Dacey, Swiss Re's head of group strategy and strategic investments, is to join the group executive committee from 1 November.
Autonet recruits Carole Nash HR boss
Van insurance broker Autonet Insurance has appointed Penny Copeland, pictured, as director of human resources with immediate effect.
BrokersLink offers supply chain risk advice
International broker network BrokersLink has launched a supply chain risk management service for its members.
ING reportedly close to sale of Thailand and Hong Kong units
ING Group is nearing an agreement to sell its Hong Kong and Thailand insurance businesses to Richard Li, Reuters reported today, quoting sources close to the matter.
Pakistan working to develop microinsurance guidelines
Pakistan's Securities and Exchange Commission is formulating a regulatory framework for the micro-insurance sector to meet the needs of low-income citizens.
Axa Insurance Gulf opens Dubai branch
Axa Insurance Gulf is opening new offices for the UAE and regional operations in Dubai.
Mapfre eyes Middle East expansion with Turkish acquisition
Mapfre Genel Sigorta, the Spanish insurer's Turkish subsidiary, has acquired 51% of Genel Servis, a motor services firm.
Fraud 2012: Fraud register will be extended to loss adjusters
The Insurance Fraud Register could be used as a template by the Home Office to roll out a UK-wide anti-fraud checking service.
Fraud 2012: False hearing loss claims 'easy to disprove'
The insurance industry faces an increase in fraud relating to hearing loss, pet and gadget insurance and arson over the next two years, and has been urged to challenge these threats in a post-Jackson world.
Fraud 2012: IFED courts Lloyd's players
Nine Lloyd's syndicates are in talks with the Association of British Insurers with a view to signing up to use the Insurance Fraud Enforcement Department.
Nearly half of insurers won't be Solvency II ready by 2014
While 57% of insurers across Europe think they are on track to comply with Solvency II by January 2014, readiness varies significantly by country, according to Ernst & Young.
Solvency II unlikely to be implemented until 2016
Solvency II rules may not take effect until 2016, Gabriel Bernardino told The Wall Street Journal this week.
Towergate recruits Aspen audit head
Towergate Insurance has named Jackie Gray as group internal audit director, joining from insurer and reinsurer Aspen where she also headed up internal audit.
First Assist launches non-standard travel insurance service
White label specialist First Assist Insurance Services has launched a non-standard risk service for people who exceed medical thresholds or age limits.
Beazley buys Lloyd's small business unit
Beazley has acquired the team that underwrites the Lloyd's Small Business Consortium, which has been managed by SA Meacock Syndicate 727 for nine years.
BrokersLink adds 13 to membership
BrokersLink has expanded its membership with members from territories including Russia, Ukraine, Latvia, Central Asia, the Middle East and Africa.
Almost half of insurers struggling with Solvency II deadline
Some 43% of European insurers are unlikely to be prepared for Solvency II by 2014, research by Ernst & Young has revealed.
BrokersLink adds 13 new members
BrokersLink today announced the addition of 13 new members at its fourth annual conference in Madrid.
BGL sees gross profits rise 22%
BGL group has reported pre-tax profits of £88m for the year ending June 2012.
'Confident' JLT eyes international employee benefits expansion
Jardine Lloyd Thompson is "well positioned to deliver sustainable growth" and will continue with plans to develop its employee benefits business in 2012, according to the broker's interim management statement.
Investing in the Profession: CFC staff raise £5000 for charity in gruelling triathlon
Around half of the CFC underwriting team proved to be 'in the pink' after raising more than £5000 for charity by completing a gruelling triathlon comprising a 750m open water swim, a 20km bike ride and a 5km run.
Investing in the Profession: Young Questgates employee gains accredited counter-fraud specialist status
Questgates has become the latest firm to demonstrate its commitment to employee progression after proudly declaring last week that a young member of its counter-fraud team has been granted accredited counter-fraud specialist status.
Claims Event: Insurance industry instructed to see recession as the 'norm'
The insurance industry has been told to accept the global financial crisis as the "new normal" and embrace social media by working closely with third parties.
Claims Event: Loss adjusters claim logistics hinder further collaboration in surge events
Three loss adjuster chief executives have jointly defended any lack of collaboration on surge events compared with other sections of the insurance industry on claims issues.