News
Crawford Q1 net income up 60%
Loss adjusting giant Crawford has reported soaring net income, with UK earnings cited as helping to driving growth in revenues.
Ecclesiastical appetite for new lines dependant on market demand
The new group chief executive officer of Ecclesiastical has not ruled out taking the insurer in a brand new direction.
Queen’s speech promises mesothelioma bill
The Queen has today said the next parliament will see legislation to provide payments to mesothelioma suffers when no liable employer or insurer can be traced.
Allianz revenues jump 6.6% in Q1
German insurance giant Allianz recorded revenues of around €32bn in the first quarter of 2013, up 6.6% on the previous year.
Simplyhealth appoints HR director as new CEO
Healthcare provider Simplyhealth has promoted its HR and corporate affairs director to a new role as chief executive.
HCML unveils physio network
A rehabilitation and case management specialist has unveiled a new network of physiotherapy clinics.
DAS joins MGAA as insurer member
Legal expenses and assistance insurer DAS has joined the Managing General Agents Association as an insurer member.
Willis exec slams risk management disconnect
The risk management functions of a significant number of insurers have little direct connection to the decision-making that drives those organizations, Dave Ingram, executive vice president of Willis Re has claimed.
UAE insurance sector expected to grow in 2013
The regulatory environment for insurers in the United Arab Emirates is challenging but should not scupper growth in the short term, according to AM Best.
Coverbox appoints ex-accountant Beckingham as finance director
Telematics-based insurer Coverbox has added to its management team with the arrival of Neil Beckingham as finance director.
Aviva pens seven year supplier contract with Innovation Group
Software solutions and outsourcing business the Innovation Group has signed a new contract with Aviva that will see the insurer supplied with the firm’s claims scoping and supplier management solution.
Unrated Icelandic insurer’s flood risk venture sparks passporting debate
Broker looks to fill gap left by Statement of Principles indecision
Settlement fairness failing to meet customer expectations
Personal lines customers demand better claims advice
ING plots European IPO
Dutch financial giant ING is preparing a case for an initial public offering of its European insurance business, with a target of going to market in 2014.
ING pressing ahead on European IPO
Dutch financial giant ING is preparing a case for an initial public offering of its European insurance business, with a target of going to market in 2014.
Esure to re-enter parts of motor market as GWP grows 1.6%
Esure is gearing up to re-enter less profitable parts of the motor insurance market as a result of recent personal injury reforms.
Australian adjuster kicks off UK recruitment drive
Stream Group Australia is planning to expand its UK operation by entering the Manchester and Bristol markets.
Lloyd’s and XL back shariah-compliant MGA to succeed where others failed
The boss of a new shariah-compliant underwriting agency has vowed to succeed where previous Islamic insurance propositions have failed by focusing solely on the commercial market.
Gallagher rules out mass redundancies after Barbon broking acquisition
Gallagher International chief executive David Ross has ruled out a “slash and burn” programme following its acquisition of Barbon Insurance Group’s five property and commercial businesses.
Plum furnishes Homeworks product with contents cover
Household insurance provider Plum Underwriting has unveiled a redesigned Homeworks product, designed to include cover for the property owner’s general contents.
Container ship hits port in Genoa killing seven
A container ship crashed into the Italian port of Genoa late on 7 May killing seven people.
HKFI urges Hong Kong to attract more marine trade
The Hong Kong Federation of Insurers has released a report into how to make its international maritime centre more competitive through tax incentives.
Survey: Natural disaster risk planning needs improvement
Although there is a greater recognition of the threat from natural disasters, there are still insufficient mitigation plans in place from companies.
Bird flu deaths rise to 31
The number of deaths from H7N9 has risen to 31 with the total number of victims climbing to 129.