News
Nat cats caused economic losses of $380bn in 2011
Natural catastrophes resulted in 27,000 deaths and $380bn in economic losses during 2011, according to data compiled by Munich Re and analysed by the Worldwatch Institute.
Polish watchdog wants Talanx bourse listing
Poland's financial watchdog is trying to persuade German insurance group Talanx to get a secondary listing on the Warsaw bourse before it agrees to takeovers that will make the company Poland's second-largest insurer, according to Reuters.
Hastings says motor premium rises ending
Hastings boss Edward Fitzmaurice has claimed the massive price hikes in motor insurance premiums are tailing off.
Guidance published for planning in flood risk areas
The Association of British Insurers and the National Flood Forum have published guidance for local authorities on planning in flood risk areas.
Equity starts performance-related pay
Equity Insurance's head of compensation and benefits, Ricky D'Ash, has revealed plans to introduce a grading system and performance-related pay for all 1,200 staff.
Paton eyes international growth at DAC Beachcroft
Incoming DAC Beachcroft claims solutions group chief executive Bill Paton has vowed to use his "extensive" contacts across the world to grow the law firm's presence in the Asia Pacific and Latin America markets.
Baltic Exchange injured commemorated
The 20th anniversary of the IRA bombing of the Baltic Exchange is being commemorated with a charity dinner next week on the site of the tragedy – the Gherkin.
Martin Oliver returns to personal lines with new role at Allen & Allen Group
Outgoing Barbon Group CEO Martin Oliver is to return to the personal lines market as UK CEO of the Allen & Allen Group.
Insurance Insight – top 10 stories
The top 10 most popular articles on insuranceinsight.eu over the past seven days.
Ex-Heath Lambert employee lands Bluefin marketing role
Bluefin has appointed former Heath Lambert and Churchill employee Amy Smith to the role of corporate division marketing manager.
Law Society members encouraged to demand broker commission details
The Law Society is embarking on a change to the way its members are attracted to brokers after stating that being on the society's list of brokers did not necessary make firms 'Law Society approved'.
Barbon CEO Oliver to quit
Barbon chief executive Martin Oliver is to leave the group in six months.
FSA conducted over 20 police dawn raids in 2011
The Financial Services Authority conducted over 20 police dawn raids in 2011, according to data obtained by law firm Reynolds Porter Chamberlain.
Wesleyan warns of underinsurance risk
A large number of professionals could find themselves significantly underinsured on their buildings and contents insurance, according to Wesleyan Assurance Society.
Swiss Re launches into Middle East after being granted licence for DIFC
Swiss Re Corporate Solutions has received a licence from the Dubai Financial Services Authority to operate in the Dubai International Financial Centre.
Lockton launches global partnership
Broker Lockton today announced the formation of the Lockton Global partnership.
Charnaud apppointed chairman of Marsh's infrastructure practice
Marsh has named Edwin Charnaud as chairman of its Global Infrastructure Practice.
Indian insurers praise deductibles hike
An increase in deductibles for third-party motor premiums by the Insurance Regulatory and Development Authority has been praised by the insurance industry, despite frustrating consumers.
DAC Beachcroft hands ex-Zurich boss Paton claims chief exec role
DAC Beachcroft has this morning confirmed the appointment of former Zurich Financial Services European claims director Bill Paton as chief executive of the law firm's claims solutions group.
Taiwan allows insurers to invest in foreign stocks
Taiwan has passed a regulation allowing insurance firms to invest in overseas stocks, provided they meet certain risk-based capital criteria.
Axa warns of Easter accidents claims peak
Axa Personal Lines has warned of costly DIY accidents over the double Bank Holiday weekend, warning that claims peak on Easter Monday.
Paperwork delays payment of Thai flood claims
Japanese firms waiting for claims payment following the flooding in Thailand face delays owing to the volume of paperwork for insurance companies.
JLT appoints Steve Exwood as Nottingham partner
JLT Specialty has boosted its Nottingham risk practice team with the appointment of new partner - and former Towergate employee - Steve Exwood.
Aspen hires chief underwriter for northern region
Aspen Risk Management has appointed Steve Cheshire as head of underwriting for its business in the north of England.