News
Aegis London moves into livestock
Aegis London has moved into livestock underwriting with the appointment of underwriter, Sophie Dunkerley.
IUA warns of regulatory threat to London’s competitiveness
The International Underwriting Association has revealed its fears that a revamp of the UK regulatory structure could cost London its place as a worldwide financial services hub.
Allianz pre tax profit drops to £158.5m
Allianz said the operating profit is “slightly ahead of plan” but below the 2009 level due to lower investment income and lower reserve releases.
QBE Europe improves COR
QBE Insurance Europe has announced an improved combined operating ratio of 90.5% (2009: 91.3%) despite being hit by the Chilean earthquake and Deepwater Horizon drilling rig incident.
QBE Europe improves COR
QBE Insurance Europe has announced an improved combined operating ratio of 90.5% (2009: 91.3%) despite being hit by the Chilean earthquake and Deepwater Horizon drilling rig incident.
LMA backs ban on referral fees
The Lloyd’s Market Association has backed government proposas to end recovery of conditional fee arrangements success fees and after-the-event premiums in its bid to reduce civil litigation costs.
Utley gears up for IPO
Neil Utley is stepping up his plans for a flotation of motor and home insurer Hastings Direct, according to newspaper reports.
GAB launches claims training course
GAB Robins has launched a training scheme for its loss adjusters and claims handling staff designed to reduce the claims lifecycle and costs of fire and water damage property claims.
Catastrophe exposure hits Hiscox profits
Hiscox has reported a fall in profits of more than £100m for 2010 after being hit a number of global catastrophes.
Questgates appoints fraud specialist
Questgates has expanded its counter fraud division with the appointment of Robin Hayward as senior investigator.
Montalvo named Eiopa executive director
The European Insurance and Occupational Pensions Authority has selected Carlos Montalvo to become the authority’s first executive director.
Montalvo named Eiopa executive director
The European Insurance and Occupational Pensions Authority has selected Carlos Montalvo to become the authority’s first executive director.
Insurers urged to join ELTO following FSA regulations
The Employers’ Liability Tracing Office has urged insures to sign up as members to the body in the face of new Financial Services Authority regulation.
Jobs lost in Markerstudy Auto Windscreens purchase
Markerstudy Group company Trifords has acquired the Auto Windscreens brand name resulting in more than 1000 redundancies at the repair firm.
Four charged in crash for cash case
A further three people have been arrested in connection and are due to be interviewed today.
Keychoice Underwriting unveils new Ace-underwritten products
Keychoice Underwriting has launched a host of new products to be underwritten by Ace Europe.
Keychoice Underwriting unveils new Ace-underwritten products
Keychoice Underwriting has launched a host of new products to be underwritten by Ace Europe.
Specialty markets’ significantly contribute to Axa Corporate Solutions global turnover
Axa Corporate Solutions’ specialty markets in 2010 contributed approximately one-third of the company’s global turnover of €1.931bn, with marine business amounting to 23%, and aviation and space to 10%.
Specialty markets’ significantly contribute to Axa Corporate Solutions global turnover
Axa Corporate Solutions’ specialty markets in 2010 contributed approximately one-third of the company’s global turnover of €1.931bn, with marine business amounting to 23%, and aviation and space to 10%.
Exclusive aggregator content now available
Insurance Insight’s weekly update is now live with an article discussing the potential for aggregator growth in France; and XL's Stuart Essex on the pitfalls of European expansion.
Exclusive aggregator content now available on Post Europe
Post Europe’s weekly update is now live with an article discussing the potential for aggregator growth in France; and XL's Stuart Essex on the pitfalls of European expansion.
Cunningham Lindsey sets up centralised claims hub
Cunningham Lindsey UK is restructuring its international claims handling process for mid to large corporate and multinational companies with the launch of a centralised claims hub based in London.
Cunningham Lindsey sets up centralised claims hub
Cunningham Lindsey UK is restructuring its international claims handling process for mid to large corporate and multinational companies with the launch of a centralised claims hub based in London.
Aon Benfield: 95% of Chile quake loss reinsured
Broker Aon Benfield has revealed that 95% of the $8.5bn (£5.3bn) losses suffered during the Chile earthquake was covered by reinsurance.