News
Ace reshuffles EMEA claims team
Ace Group has reshuffled its accident and health team for Europe, the Middle East and Africa.
Ace shuffles EMEA claims leadership
Ace has restructured the leadership of its EMEA claims management team with three promotions and a recruitment.
BLD names former Drive Assist supplier management head as CFO
Claims management firm BLD Group has named head of supplier management and claims liaison David Hancox as chief financial officer.
Teen 'ghost broker' sentenced to 12 months
A teenager who sold worthless vehicle insurance on Gumtree has been handed a 12-month conditional discharge at City of London Magistrates' Court.
Acturis launches free reporting dashboard for brokers
Insurance technology provider offers software that analyses the causes of business performance problems.
Software firm launches Solvency II tool for Lloyd's market
Insurance investment information specialist Camradata has introduced Solvency II-compliant software to its Lloyd's clients for reporting and accounting.
Jakarta grinds to a halt after widespread flooding
At least four people were killed and 20,000 evacuated on Thursday as widespread flooding hit the Indonesian capital of Jakarta.
Aviva sells stake in Malaysian venture
Aviva has reached an agreement to sell its 49% stake in two Malaysian ventures to Sun Life Assurance.
Chinese broker association formed
China's first international insurance brokerage association was established in Beijing on Thursday, China Daily reported.
New Tasmania fire destroys 30 homes
A bushfire sparked on 13 January has led to evacuations of Tasmanian residents as the island fights to recover from blazes which racked the state earlier in the month.
Thatcham unveils Zurich's Emms as chairman
Zurich's chief claims officer for the UK, Tony Emms, has been appointed chairman of the board at automative research centre Thatcham.
Axa $850m subordinated notes assigned BBB by S&P
Standard & Poor's has assigned its BBB long-term issue rating to the $850m perpetual subordinated notes issued by French holding company Axa (A-/Stable/A-2).
Singapore wants higher entry level for financial advisers
Singapore's Financial Advisory Industry Review committee is looking to improve the financial advisory industry through higher educational standards.
Thai insurer opens flood credit line
MSIG Insurance (Thailand) has opened a Bt1bn ($33.5m) emergency credit line to help pay out Bt2bn ($67m) for flood damage.
AMMB Holdings seeks partners in Malaysia
Malaysian financial services group wants partners for AMLife and AMFamily Takaful by June.
Australia fire season could worsen
The Insurance Council of Australia has warned that the country could be in for a difficult fire season, after fires ravaged Tasmania and the mainland and caused tens of millions of dollars in insured losses.
Metal theft falls to lowest level in six years - but funding could be withdrawn
A parliamentary group aimed at combating metal theft has called for a renewed commitment to funding, despite insurer figures showing that theft from churches has fallen to its lowest level since 2006.
Investing in the profession: Biba gains CPD accreditation
The British Insurance Brokers' Association has received Continuing Professional Development accreditation from the Chartered Insurance Institute.
Smith to spearhead Ageas growth with three-year plan
Ageas UK's new chief executive Andy Watson has stressed that the firm will keep an active eye on potential acquisitions after taking the reins from Barry Smith, who has stepped up to become the group’s first chief operating officer.
Investing in the profession: Allianz scholarship set for second-year intake
Allianz Commercial's scholarship programme, aimed at supporting broking staff in achieving a Chartered Insurance Institute diploma, has opened for applications.
Marchington aims high with new broker
Andrew Marchington's start-up broking venture Highworth Insurance is aiming to achieve £5m to £10m gross written premium within three years, targeting the mid to high net worth and non-standard home insurance market.
Law report: Judge's decision reflects court's reluctance to depart from 2.5% discount rate
Law reports contributed by law firm Berrymans Lace Mawer.
Law report: Inconsistent accident account sees injury case thrown out
Law reports contributed by law firm Berrymans Lace Mawer.
Law report: Res ipsa loquitur case fails
Law reports contributed by law firm Berrymans Lace Mawer.