News
Google launches car insurance service
Motorists can now buy car insurance online from Google's comparison site.
Iran praises sanctions for kickstarting insurance market
Iran's insurers are ready to offer cover to foreign ships traveling through Iranian waters, according to Seyed Karimi, president of Iran's insurance regulator Bimeh Markazi.
Brokers to receive increased commission under new government initiative
Members of the British Insurance Brokers' Association will receive commission levels up to 15% when they place trade credit insurance through the UK Export Finance Initiative, with immediate effect.
Guernsey signs tax agreements with Italy and Latvia
Guernsey has signed tax information exchange agreements with Italy and Latvia in an effort to increase transparency with the two European Union member states.
Giles director Hazel McIntyre quits
Giles' mergers and acquisitions director Hazel McIntyre has left the business after five years to pursue other opportunities.
Miller sees pre-tax profits triple in FY 2012
The broker has reported a dramatic improvement in profits in its results for the year ended April 2012.
Shortlist revealed for Underwriting Service Awards 2012
Risk-pricing skill, understanding of clients' needs and quality of service are all vital to insurers' long-term success.
FOS receives 1500 PPI complaints a day
Mis-sold payment protection insurance complaints reached 1500 a day in the first six months of 2012, according to the Financial Ombudsman Service.
Aspen appoints group CFO
John Worth will replace Julian Cusack, who took the role on an interim basis after the February departure of Richard Houghton.
Yorkshire policyholders lose flood cover
Commercial policyholders in Yorkshire have accused insurers of jeopardising their futures by failing to provide them with flood cover.
Insurance recruitment up in Asia despite slow economy
Asia's insurance firms are still hiring despite the current economic slowdown, bucking the trend of financial services firms across the region, according to Reuters.
Head of AIG's India joint venture leaves to join Mercer
Mercer has appointed Gaurav Garg as region leader for growth markets, incorporating Mercer's businesses in Asia, the Middle East, Africa and Latin America.
Lloyd's launches jewellers' insurance in Shanghai
Lloyd's Insurance Company (China) has launched a block insurance programme designed for the diamond and jewellery trade in Shanghai.
Generali seeks improvements with management reshuffle
Italian insurer Generali has reorganised the management structure for its Country Italy and Corporate businesses in an effort to improve growth and profitability.
Poor data quality and modelling tools make emerging markets risky
Reinsurers pursuing growth in emerging markets must be alert to the unique challenges these countries present, Guy Carpenter has warned.
US Treasury recovers £8bn after AIG stock sale
The US government made a profit of $12bn (£7.5bn) after selling $18bn worth of stock in America International Group on Monday.
James Hallam buys broker's commercial book
Insurance broker James Hallam has acquired the commercial book of business of Essex-based intermediary Coppergate.
Lockton appoints solicitors practice risk head
Lockton has named Calum Maclean as a new risk manager, working with clients of its UK solicitors practice.
Chartis makes cyber risk appointment
Chartis has appointed Jamie Bouloux to the newly created role of cyber liability underwriting manager for Europe.
Antony Hodari acquires Liverpool law firm
Manchester personal injury law firm Antony Hodari has bought Paul Rooney Partnership.
Allanfield eyes deals as operating profit hits £1m
Allanfield has its eye on acquisitions in the property and broking spaces having reported a 33.5% increase in net revenue to £2.1m (H1 2011: £1.6m) in the first half of the year.
MoJ yet to announce who will bear Djanogly's workload
The insurance industry has yet to learn how the former Parliamentary Under-Secretary of State's responsibilities will be allocated following the Cabinet reshuffle last week.
BGL adds to Fusion team
BGL Group's Fusion contact centre has hired Dyfrig Jenkins, pictured, as senior manager for training and development.
QBE confirms reinsurance restructure
QBE European Operations has finally announced a restructure of its European reinsurance business, which takes effect on 30 September 2012.