News
Insure The Box launches "girlish" brand
Telematics specialist Insure The Box has launched a new brand, Drive Like a Girl, that it claims can help "young female drivers beat the EU price hike in car insurance" by rewarding young drivers, regardless of gender, who can "prove" they drive safely…
Mitsui backs Dual with Singapore capacity
Insurer Mitsui Sumitomo has completed a deal to provide financial lines capacity for Hyperion-owned underwriting agency Dual in Singapore.
Insurers hit back at accusations of stricter policies on claims payouts
Tensions have erupted between the broker and insurer trade bodies after the British Insurance Brokers' Association took to breakfast television to air members' complaints about insurer policies on paying claims.
Weather and emerging markets key 2013 risks, warns Willis
Extreme weather and a new generation of emerging markets are among a new list of risks faced by businesses over the next 12 months identified by Willis.
Eiopa to review long-term guarantees proposals
The European Insurance and Occupational Pensions Authority will look into the treatment of long-term guarantees in a study starting next week.
Claims Portal progress awaits MoJ verdict
Claims Portal Limited said that it is reliant on draft protocols, forms and rules as it prepares the software for the Ministry of Justice's 1 April deadline for the planned extension to the Claims Portal.
Hyperion future acquisitions not dependent on IPO 'stepping stone'
Hyperion's future growth is not reliant on realising its ambitions to launch an initial public offering, according to management, which has confirmed that these plans could be on hold until next year.
Second phase of Aviva 'diet' to target cash generation
The second phase of the Aviva restructuring process will put the 'slimmed down' insurer on a fitness regime with a view to generating more cash, according to analysis carried out by Investec.
AML targets restaurants with new policy
AML Underwriting has launched a policy aimed at restaurants and similar establishments.
China solar exports insurance payouts surge in 2012
Chinese solar exporters were hit in 2012 by tariffs, poor economic conditions and fair trade investigations leading to a 161% surge in short-term insurance payouts, a total of $150m.
Singapore edges closer to contract certainty
The Contract Certainty Working Group met this week to discuss guidelines for the Singapore Reinsurance Market Contract Certainty initiative.
Top five Asian news stories
The top five Asian stories from www.insuranceinsight.com over the past seven days.
Revenues rise 42% at Hyperion
Hyperion has seen total group revenues reach £111m for the year ending 30 September 2012, up 42% from last year's equivalent of £78m.
Top five European stories
The top five European stories from www.insuranceinsight.com over the past seven days.
Aon revisits bonus payout decision
Insurance broker Aon is considering backtracking on an offer to delay payment of employee bonuses until the start of the new tax year, according to reports.
Escort service sails through troubled waters
Typhon has launched a marine convoy escort service designed to enable ship operators to transit the Gulf of Aden, Arabian Sea and Indian Ocean in safety.
Top Mark and Claim Reaction launch Northern Ireland venture
Top Mark has joined with loss adjuster Claim Reaction to form a new Northern Ireland operation.
Delta makes three hires
Delta Claims Services has started 2013 with a spate of new additions.
Axa UK recruits new execs from Italian and French arms
Axa Insurance has raided Europe to appoint two new senior executives for its UK Direct & Partnerships arm.
Lonmar hires Towergate MD
Lonmar Global Risks has recruited former Towergate MD Martin Hughes to support its growing presence in the UK broker and MGA market.
Aviva names underwriting effectiveness director
Aviva has appointed Nick Hankin as underwriting effectiveness director.
Two executive level hires for Axa
Axa Insurance has announced two new senior executive level appointments.
Identity cards compulsory for Singapore agents
Insurance agents in Singapore must carry a special identity card before they can conduct business, to help customers identify authorised and registered insurance agents.
CV Starr underwriter joins Argo International
Argo International has appointed James Cassidy as an underwriter in its general liability team.