News
Spanish bank sells insurer stake to Mutua Madrilena
Spanish bank La Caixa's holding company Criteria today said it is selling half of La Caixa's insurance business for Euros 1.08bn to Madrid-based insurer Mutua Madrilena.
Spanish bank sells insurer stake to Mutua Madrilena
Spanish bank La Caixa's holding company Criteria today said it is selling half of La Caixa's insurance business for Euros 1.08bn to Madrid-based insurer Mutua Madrilena.
Enoizi quits as Argo's London chief
Argo Group has appointed Andrew Carrier to the newly created position of group chief underwriting officer.
Putin pledges to battle FSA over Alfa Bank
Russian prime minister Vladimir Putin has pledged to help private Russian bank Alfa in its dispute with the Financial Services Authority, according to reports in the Russian media.
Putin pledges to battle FSA over Alfa Bank
Russian prime minister Vladimir Putin has pledged to help private Russian bank Alfa in its dispute with the Financial Services Authority, according to reports in the Russian media.
Average comprehensive car insurance prices rise nearly 40% in a year
Results of the annual and fourth quarter 2010 Confused and EMB car insurance price index has shown that consumers are paying an average of nearly £200 more for comprehensive car insurance than at this time last year.
Software and service providers to adhere to new OFT principles
SSP has stated that it has “cooperated fully” with an Office of Fair Trading investigation into whether a data analysis tool developed by Experian broke competition rules.
Eiopa to launch second Europe wide insurance stress test
The European Insurance and Occupational Pensions Authority is preparing to launch the second Europe-wide stress test for the insurance sector.
Eiopa to launch second Europe wide insurance stress test
The European Insurance and Occupational Pensions Authority is preparing to launch the second Europe-wide stress test for the insurance sector.
Citymain appoints director
The SPB Group has announced the appointment of Jean-Marie Guian as a director for Citymain, its UK subsidiary.
Citymain appoints director
The SPB Group has announced the appointment of Jean-Marie Guian as a director for Citymain, its UK subsidiary.
Travelers Ireland VP Ken Norgrove departs
Travelers Ireland vice president Ken Norgrove has left his role with the insurer, within months of joining from RSA.
Travelers Ireland VP Ken Norgrove departs
Travelers Ireland vice president Ken Norgrove has left his role with the insurer, within months of joining from RSA.
London market will be impacted by Australian floods
Neil Coulson, partner at accountancy firm, Littlejohn, has said he expects Australia to be fairly well insured, so it will generate insurance losses which will be higher in a city than in rural areas.
Zurich denies competition law breach
Zurich Insurance has said it welcomes the publication by the Office of Fair Trading of a consultation on commitments offered by seven insurers and two software providers.
Lockton opens second China branch
The China Insurance Regulatory Commission has granted approval to Lockton to open a new branch office in Beijing.
Mitsui names new claims director
Mitsui Sumitomo at Lloyd’s has appointed Jonathan Poole as claims director.
RSA competition concerns trigger OFT inquiry
The Office of Fair Trading investigation into an Experian analysis tool used by motor insurers was kicked off by RSA after the insurer raised concerns that it may enable anti-competitive practices.
Post in print: 13 January 2011
News editor Mairi MacDonald outlines the main news from this week's issue of Post.
Eiopa names first chairman
The European Insurance and Occupational Pensions Authority has named Gabriel Bernardino as its first chairman.
Eiopa names first chairman
The European Insurance and Occupational Pensions Authority has named Gabriel Bernardino as its first chairman.
Man arrested after Regent Street police siege
A man was arrested this morning after barricading himself in the Accessorize store on Regent Street threatening to blow himself up.
ABI responds to OFT competition concerns
The Association of British Insurance has responded after seven insurance companies and two IT software and service providers agreed to an Office of Fair Trading request to limit the data they exchange between them ain light of competition law concerns.
RBSI "stopped using" Experian tool before OFT inquiry
Royal Bank of Scotland Insurance has confirmed that it no longer uses an Experian analysis tool at the centre of an investigation by the Office of Fair Trading.