News
XL's environmental programme goes global
XL Group's insurance arm is launching global environmental cover for the first time.
Giles Insurance boosts Falkirk branch with new hires
Ian Smith has joined the broker as branch director, while two development executives have also been recruited.
VRS and Woodgate & Clark lead the way in Loss Adjusting Awards 2012 shortlist
The shortlist for the 2012 Loss Adjusting Awards is now live.
Lloyd's names Vandendael as international markets director
Zurich's Vincent Vandendael appointed to the role, sitting in London.
UK P&I Club restructures ahead of Solvency II
The UK P&I Club has reorganised its structure to establish UK Europe as the sole provider of direct insurance business to UK Club Members.
Ten Insurance completes Aylesbury relocation
The broker network has expanded its headquarters by relocating from Princes Risborough to a new Buckinghamshire base.
Allianz poised for sub-Saharan growth with new CEO appointment
Allianz Global Corporate & Specialty is to establish a significant local presence in sub-Saharan Africa with the appointment of Delphine Maidou as chief executive of its regional subsidiary.
RBS' Van Saun joins Lloyd's Franchise Board
Lloyd's has appointed Bruce Van Saun to independent non-executive director on the Lloyd's Franchise Board.
ABI to contest legal decision to bring forward 10% damages rise
The Association of British Insurers has requested a review of the Court of Appeal's decision to bring forward a rise in damages by 10% from April next year.
EU and Asian insurers holding out on Chinese D&O cover
Fears of claims following low-price buy outs on the NYSE are making insurers think twice about offering D&O cover to listed Chinese companies.
Surging US APH claims likely to hit European insurers
European insurers have been urged to manage their asbestos, pollution and health hazard liabilities as the US sees an upsurge in claims.
Merlin CEO Webster resurfaces at Morgan Sindall
Former Merlin chief executive Richard Webster has been appointed managing director at construction group Morgan Sindall just weeks after the loss adjuster went into administration.
MAS says reforms could mean capital hike for insurers
The Monetary Authority of Singapore has admitted that some insurers may need to hold more capital under the risk-based capital system currently being devised.
Ping An to use gaming platform to sell insurance for virtual items
Chinese insurer Ping An has joined forces with Chinese technology firms Alibaba Group and Tencent Holdings to offer specialized internet insurance policies.
AGCS boosts Africa footprint with new hire
Allianz Global Corporate & Specialty is to establish a local presence in sub-Saharan Africa with the appointment of Delphine Maidou, pictured, as chief executive of its regional subsidiary AGCS of Africa.
Liberty Mutual names Manchester broker manager
Liberty Mutual’s commercial lines division has appointed Richard Chapman, pictured, to broker account manager for its Manchester operation.
Towergate confirms departure of Broker Network MD Houghton
Towergate has this morning confirmed Broker Network and Countrywide managing director Nick Houghton has resigned after revealing his intention to run an independent broking business.
Helvetia posts reduced profit for H1
Swiss insurer Helvetia posted profit of CHF162.7m (€135.4m) for the first half of 2012, down from CHF171.5m in the first half of 2011.
Markel hires ex-RSA marine underwriter Cannock
Markel International has appointed Matthew Cannock, pictured, as marine underwriter for its Singapore office.
Questgates snaps up third Merlin adjuster ahead of Scottish market push
Questgates has underlined its Scottish presence by opening an office in Livingston and recruiting former Merlin adjuster Ashley Clancy to bolster its team north of the border.
Markel appoints Cannock as marine underwriter for Asia-Pacific
Markel International has appointed Matthew Cannock as marine underwriter in its Singapore office.
Tsunami warning after 7.6 magnitude earthquake hits The Philippines
A major earthquake struck off the town of Guiuan in Samar province at 12:47 UTC yesterday.
DLG 'essentially' operating as a standalone business, claims Geddes
Direct Line Group chief executive Paul Geddes believes the business has "essentially achieved its goal" of operating as a standalone company, following the news it has set a return on tangible equity target of 15%.
Open GI appoints regional account manager for south east
Systems provider Open GI has appointed former accident management company boss Matthew Scott to the role of account manager for the south east region.