News
Singapore's Stamford Law partners with Morgan Lewis
US law firm Morgan Lewis & Bockius is combining, but not merging, with Stamford Law in Singapore.
Lloyd's opens licensed Beijing branch
Lloyd's has opened a branch in Beijing to capitalise on growth opportunities in China.
QBE leads Hong Kong underwriting profitability for 2014
QBE made a $41m (£27.6m) underwriting profit in Hong Kong last year according to provisional figures released by the Office of the Commissioner of Insurance.
Swinton appoints Rob Harding as chief financial officer
Swinton has appointed Rob Harding as its chief financial officer following the resignation of Chris Plumer, pending regulatory approval.
Insurers fear 'floodgates' will open if scope for psychiatric claims is widened
Insurers have expressed concern that Association of Personal Injury Lawyers proposals to broaden the scope of who is able to lodge a claim for psychiatric harm could “open the floodgates” to spurious claims.
Smith verdict due in May - report
An employment tribunal will reconvene in May to deliver its findings into Philip Smith's departure from RSA Ireland.
Insurers told to expedite sales call backs
Customers that have requested a call back from a contact centre about an insurance purchase will lose interest in the sale if they wait more than 24 hours for the call, research from Callstream has found.
Memorial service planned for centenary CII president Kellett
Former industry colleagues of the Chartered Insurance Institute’s centenary president Bryan Kellett have been invited to attend a City memorial service following his passing in January.
DLG director Jones to step down at AGM
Direct Line Group senior independent director Glyn Jones will not be submitting himself for re-election as a director at the company's 2015 annual general meeting.
Zurich unveils cyber policy
Zurich has launched its new cyber protection policy in the face of international demand for such a product.
Staff on shared paternal leave from Aon to receive enhanced pay
Aon has introduced enhanced pay for shared parental leave for all its employees ensuring that parents can receive enhanced pay in a similar way to enhanced maternity pay.
Flood campaign urges defence spending boost in Budget
The Association of British Insurers' Flood Free Homes campaign is urging government to increase spending on flood defences and maintenance ahead of the Budget announcement on 18 March.
Apollo-backed bid for Chaucer motor book stalls as Markerstudy revs up interest
Markerstudy is in pole position to tie-up a deal for Chaucer’s UK motor business after a $300m (£203m) bid backed by private equity house Apollo stalled, Post understands.
Helvetia celebrates ‘very good' performance for 2014
Helvetia Group has reported an increase in underlying earnings after tax and a lower combined ratio for 2014.
Vince Cable presses FCA to reveal results of Quindell investigation - report
MPs have put pressure on the Financial Conduct Authority to reveal details of its investigation into alleged market abuse by Quindell.
Brightside rebrands as it readies for expansion
Broker Brightside has rebranded in preparation for building its own insurance portfolio rather than acting as an umbrella for other brands.
Davies promotes Kearney to group role
Davies Group liability director Suzanne Kearney has been promoted to a group-level role responsible for developing UK-wide broker nominations.
Vanuatu rocked by "monster" cyclone
Category 5 Cyclone Pam has left devastation in the Pacific island country of Vanuatu.
Lloyds' private equity house backs SSP management buyout
Lloyds Banking Group's private equity arm LDC is backing a £207m management buyout of technology house SSP.
Cyclone Marcia claims rise above A$400m
Claims from Cyclone Marcia in Queensland have risen above A$400m (£207m).
Oliver promoted to Ace Asia-Pacific role
Ace has promoted Shaun Oliver to the role of head of casualty, energy and construction, Asia-Pacific.
Insurance giants ready India investment after FDI law passed
There is expected to be a flurry of movement in the Indian insurance market following India's government decision to increase the FDI cap.
Visa delays stop Vassanelli taking interim Towergate role
Towergate has appointed Oliver Corbett as its interim chief financial officer after visa delays prevented US-based Marc Vassanelli taking on the role.
ICO raids call centre making millions of daily PPI calls
The Information Commissioner's Office has raided a call centre in Hove thought to be responsible for making millions of nuisance calls about payment protection insurance and debt management.