News
Apil slams HSE workplace injury proposals
The Association of Personal Injury Lawyers has criticised Health and Safety Executive proposals aimed at relaxing the rules for reporting workplace injuries.
QBE’s Italian office expands D&O offering
QBE Italia has broadened its services to include primary and excess director's and officer's coverage and will cover professional indemnity liability in the coming months.
Chubb appoints Ireland claims manager
Chubb Insurance Company of Europe has appointed Tony Fitzgerald as manager of its claims business in Ireland, reporting directly to Lynn George, European claims manager
Esure targets "third revenue stream" with broker launch
Direct insurer Esure is set to launch a new venture - Esure Broker - to target additional risks as it progresses towards an initial public offering.
Nordic insurance is a vital supplement to the welfare state report finds
Fitch Ratings has found that the Nordic insurance market is becoming increasingly important as a supplement to the welfare state.
Atkinson Smith and Brit Insurance launch online self-build offering
Atkinson Smith and Brit Insurance have launched an online quote and buy system as part of their self-build (new build) and home extension/conversion scheme.
Nordic insurance is a vital supplement to the welfare state report finds
Fitch Ratings has found that the Nordic insurance market is becoming increasingly important as a supplement to the welfare state.
Solvency II drives in-depth cat models
Aon Benfield, is to highlight how recent natural hazards – coupled with Solvency II – have fuelled demand for more in-depth evaluation of catastrophe models.
Clydesdale expands corporate finance team
Clydesdale Bank Corporate & Structured Finance has appointed Paul Hambrook as director at its London office.
Evolution appoints business development boss
Commercial insurance specialist Evolution Underwriting has named ex-Towergate employee Ben Francis as its new business development executive for the South of England.
BBA abandons PPI appeal
The British Bankers' Association will not appeal the High Court judgement on the mis-selling of payment protection insurance.
Brightside director joins STM board
Cross-border financial services provider STM Group has appointed Julian Telling as non-executive chairman with immediate effect.
Barclays CEO in PPI apology as bank sets asside £1bn for claims
Barclays has decided that it will not participate in any application for permission to appeal against the High Court judgment of 20 April 2011, which dismissed the action brought by the British Bankers' Association regarding the assessment and redress of…
Munich Re still predicting 2011 profit despite €2.7bn Q1 nat cat hit
Munich Re posted a consolidated loss of €948m (£834m) for the first quarter of 2011 (previous year: profit of €485m).
Brightside director joins STM board
Cross-border financial services provider STM Group has appointed Julian Telling as non-executive chairman with immediate effect.
Hiscox UK GWP up 8% on back of direct success and Dual tie-up
Hiscox’s gross written premiums year on year reduced by 8.0% to £453.5m (2010: £504.1m)for the first quarter. The insurer added this was "expected" as the it "maintained underwriting discipline and walked away from poorly rated risks".
Munich Re still predicting 2011 profit despite €2.7bn Q1 nat cat hit
Munich Re posted a consolidated loss of €948m (£834m) for the first quarter of 2011 (previous year: profit of €485m).
Hastings' Utley, Go Compare's Parsons and Sabre's Morris all enter Rich List
Former IAG UK CEO and current Hastings chairman Neil Utley has entered the Sunday Times Rich List top 1000 today at 430= with a fortune of £160m.
Helphire share price crashes to new low after overstating cash due by £25m
Helphire's share price today crashed to 4.9 pence at the close of trading from 12.75 pence at the start of the day after a profits warning.
Chartis COR hits 119% in Q1 as insurer is hit by $1.7bn cat costs
Chartis, the non-life division of AIG, has reported a first quarter operating loss before net realized capital gains of $463 m, reflecting $1.7bn of Catastrophe losses comprised of $1.3bn for the Japan earthquake and tsunami.
Aviva unveils corporate risk team
Aviva has revealed the senior structure of its corporate risk and speciality business.
Brokers retain appeal in personal lines market
Brokers are retaining their customer appeal in personal lines despite the growth of insurance aggregators - though they must remain in tune with customer needs to stay ahead, according to new Aviva research.
CII exited tough year in "good shape"
The Chartered Insurance Institute slightly increased its overall revenue in 2010 to £33.97m from £32.32m the previous year.
NFU claims boss resigns
NFU Mutual chief claims manager John Kenny has quit the company that he joined 23 years ago.