News
Lawyers call for 'real debate' on whiplash
Hard questions must be put to insurers about the way they handle whiplash claims, lawyers have said ahead of a Whitehall summit with the insurance industry tomorrow.
DWF confirms Buller Jeffries merger
National business law firm DWF has completed its takeover of Buller Jeffries.
First Recovery teams up with Composite Legal Expenses
Disaster recovery company First Recovery, in association with Composite Legal Expenses, is set to launch what it says is a "unique" insurance policy at this year's British Insurance Brokers' Association conference.
S&P confirms Canopius outlook as 'stable'
Standard & Poor's has affirmed Canopius Syndicate 4444 at 2+ on news that Canopius will acquire Omega Insurance Holdings.
Sri Lanka's EAP enters insurance broking with Omani firm
EAP Group will form a joint venture with Oman-based broker Risk Management Services LLC to capitalise on the growing insurance market in post-war Sri Lanka.
Lloyd's Register exits Iran amid sanctions furore
Lloyd's Register has closed its operations in Iran, fearing a blacklisting in the US if it failed to terminate the business.
County Insurance buys Whitchurch
Brand new consolidator County Insurance North West has bought its first broker - Whitchurch Insurance Services, a £1.1m GWP business based in Shropshire.
Indian insurer will provide liability cover for tankers carrying Iranian crude
State-owned Indian insurer General Insurance Corp of India will step forward to provide third-party liability cover of up to $50m for ships bringing Iranian crude oil from Iran, according to reports.
Indian Reserve Bank says case for FDI hike exists
The Reserve Bank of India has said there is a case for raising the foreign direct investment cap in insurance in view of India's growing integration with the global economy.
Blanc reveals Newcastle has been tough for Axa, but hails improved PL connectivity
Axa Commercial CEO Amanda Blanc has admitted that Newcastle has proved the most testing of its recent branch openings.
China opens motor liability market to foreign insurers with immediate effect
Foreign insurance companies are now able to undertake the business of China's compulsory traffic accident liability insurance, according to an amended regulation.
Ace promotes Reid and Brown
Ace has made two promotions in its UK and Ireland region.
Lloyd's upbeat on prospects after low cats
Lloyd's has reported that a lack of catastrophes in the first quarter has left it on target for the year, and gave a positive outlook for growth.
Lloyds Bank makes further PPI payments of £375m
Lloyds Bank has announced that its payment protection insurance misselling has cost it a further £375m.
Cobra extends deadline for takeover bids
Broker Cobra has extended the deadline for its two potential bidders - Towergate and Alto - to make a formal offer for the group.
Private bidder eyes up Direct Line Group
The FT has reported that Edi Truell's new bid vehicle Tungsten has made an informal expression of interest to buy Direct Line Group, which analysts estimate could sell for up to £4bn.
Ex-Hiscox boss Ashley Cole launches new HNW business
Former Hiscox head of motor Ashley Cole has set up his own high net worth business, Aurum Underwriting, in the wake of his departure from the insurer.
IRDA asked to relax branch opening rules in rural areas
India's government has asked the country's insurance regulator to be more lenient when applying branch opening norms in rural areas in the hope that the presence of more insurance firms will increase insurance penetration.
IFIC appoints global sales director
International Fire Investigators & Consultants has appointed Richard Turner as UK sales director with effect from 8 May 2012.
Ace appoints former Mitsui manager Cole to risk control post
Ace has appointed former Mitsui Sumitomo casualty boss Jeremy Cole to the role of risk control account manager in the firm's UK and Ireland casualty risk engineering department.
Insurance Insight – top 10 stories
The top 10 most popular articles published on insuranceinsight.com over the past seven days.
China considering sovereign guarantees to keep oil flowing
China will review the possibility of sovereign guarantees to enable the nation's ships to import Iranian crude oil after EU sanctions come into effect in July, the head of the China Shipowners' Association has said.
Generali board confirms Galateri as chairman
The board of Assicurazioni Generali confirmed Gabriele Galateri di Genola as chairman at its shareholders meeting on Saturday.
US Solvency II equivalence suffers setback
The US National Association of Insurance Commissioners has been vocal in its opinion of the EU's aim to make the country a Solvency II equivalent.