News
Legal services insurers in pole position to meet new generation's needs
Insurers are ideally placed to take advantage of the changing market environment, according to the new president of the International Association of Legal Protection Insurance (RIAD).
Global insurance market continued firming in Q3
Global insurance prices continued to rise in the third quarter of 2012, continuing a slow but steady trend that began in the second half of 2011.
Japanese insurers cease China riot cover
Some Japanese insurers are believed to have stopped covering firms against riots in China.
Blumer to exit Swiss Re
Swiss Re's chief investment officer, David Blumer, will leave the company in November, a statement on the firm's website revealed today.
HSB Engineering names senior underwriter in Ireland
Specialist engineering and construction insurer HSB Engineering Insurance has appointed Hazel Keegan as senior underwriter.
Swiss Re's Hartmann to strengthen VIG Re board
Johannes Martin Hartmann has been appointed to the managing board of VIG Re with effect from 1 October.
RMS updates Japan earthquake model
RMS has released an update to its Japan Earthquake Model, incorporating a re-characterisation of hazard resulting from the 2011 Great East Japan (Tohoku) earthquake and tsunami.
Motor subrogration appeal against RSA likely to fail, says top judge
A High Court judge has ruled in favour of the motor repair subrogration costs RSA charged Allianz and Provident, stating that the charges were reasonable even if the insurer had used its own repair network.
IRDA to penalise insurers refusing third-party motor cover
India's Insurance Regulatory and Development Authority will take "severe" penal action against general insurance companies refusing third-party motor insurance.
Economic loss from Asia flooding nears $8bn
Flooding in Asia, and particularly China, has generated economic losses of more than $7.5bn, according to Aon Benfield.
AA to cut 400 insurance jobs in Wales
The AA is to focus its insurance call centre activity in Newcastle with the transfer of almost 200 jobs to the north east from Cardiff.
Global insurance market firming, says Marsh
Insurance prices have continued to rise in the third quarter, according to Marsh, continuing a trend that began in the second half of 2011.
India's cabinet approves FDI hike
India's government has approved the long-awaited increase in the cap on foreign direct investment in Indian insurers.
Pioneering insurance professor passes away
Emeritus professor Robert Carter, a pioneer of university teaching and research in insurance and risk management, has died.
Ex-JLT property brokers join Miller
Two former JLT property specialists have left the firm to join Miller.
Hill Insurance enters administration following 'external fraud'
Hot on the heels of the news that Lemma Insurance faces liquidation, it has emerged that a second Gibraltar-domiciled firm is entering administration.
Two thirds of organisations fear raised 'fee for intervention' costs
The incoming 'fee for intervention' scheme has more than 65% of organisations fearing increased health and safety costs, according to a survey by DAC Beachcroft.
Miller poaches JLT brokers
International broker Miller has expanded its property team with two senior hires.
QBE and Institute of Risk Management enter partnership
QBE has entered into a partnership with the IRM involving sponsorship of the risk leaders' conference, the Professional Development Forum and special interest groups.
Aviva calls for more rigorous driving tests
Aviva has backed the Association of British Insurers' campaign to introduce changes to driving qualifications in a bid to improve road safety.
Axa launches Simple second wave
French insurer Axa has expanded its Simple product range designed to be traded online.
Dual appoints UK chief operating officer
Dual UK has appointed Judit Petho as chief operating officer.
Skuld forms P&I partnership with Alandia
Norwegian mutual insurer Skuld has joined forces with Alandia Marine to bring Skuld's protection and indemnity products to Alandia's members and clients.
BLM appoints head of fraud intelligence
Berrymans Lace Mawer has promoted fraud intelligence analyst Ben Fitzhugh to national head of intelligence.