News
Loss adjuster seals Kuwait tie up
Charles Taylor adjusting has entered an exclusive representation agreement with Neshami, a leading firm of loss adjusters in Kuwait to work together on major insurance losses in the country and the GCC countries.
NFU Mutual adds Leech to the board
Ian Leech has been appointed sales & agency director of NFU Mutual and has also joined the main board of the group.
Munich Re affirmed as A+ by AM Best
AM Best has affirmed the financial strength rating (FSR) of A+ (Superior) and issuer credit ratings (ICR) of “aa-” of Munich Re and its subsidiaries.
Northdoor unveils Solvency II checklist
Northdoor, the IT consultancy and solutions provider, has unveiled its ‘Solvency II checklist’.
FSA insists it will fight judicial review of PPI complaints
The Financial Services Authority has insisted it will contest the British Bankers’ Association’s judicial review of new payment protection insurance (PPI) complaints handling measures.
Jubilee promotes claims boss
Lloyd’s insurer Jubilee Managing Agency has appointed Duncan Cornwell to the new role of agency claims manager.
BGL profit up as meerkat boosts performance
BGL Group has recorded an increased pre-tax profit of £62m for the year ending June 2010 (2008/9: £54m).
Axa names mid-corporate casualty boss
Axa Insurance has appointed Neil Hammond as casualty manager of mid corporate risks.
Zurich expands Middle Eastern operation with swoop
Zurich has signed an agreement to acquire 99.98% of Compagnie Libanaise D’Assurances SAL, a privately owned Lebanese insurer with branch operations in the United Arab Emirates (UAE), Kuwait and Oman.
JLT employs group strategy director
Jardine Lloyd Thompson has announced that James Twining is joining the group executive committee as group strategy director.
Rok wins highlands building contract
Maintenance and building services group Rok has won a framework contract for Highlands and Islands Enterprise, the Scottish government's economic and community development agency.
Zurich expands Middle Eastern operation with swoop
Zurich has signed an agreement to acquire 99.98% of Compagnie Libanaise D’Assurances SAL, a privately owned Lebanese insurer with branch operations in the United Arab Emirates (UAE), Kuwait and Oman.
MGAA calls for support ahead of launch
The Managing General Agents Association has published its membership proposals in a bid to raise members and funding ahead of its formal launch in November.
ABI: Insurers committed to asbestos compensation
The Association of British Insurers has claimed that insurance companies are still committed to compensating asbestos victims despite today’s critical Court of Appeal ruling.
Apil rallies against EL insurance compensation "lottery"
The Association of Personal Injury Lawyers has called for insurers to “play by the old rules” regarding employers’ liability compensation in mesothelioma cases until there is a hearing at the Supreme Court.
Legal & General reveals that Finch will take over as general insurance MD
Legal & General has revealed that Duncan Finch will replace Peter Graham (pictured) as managing director of its general insurance business.
Exclusive content now available on Post Europe
Post Europe’s weekly update is now live with a look at the European energy market, as well as a View From the Top opinion on why specialist understanding must come over pricing.
Zurich adopts Accenture solution
Accenture’s underwriting solution has been selected to support Zurich’s property and casualty insurance operations globally.
Johnson named shadow chancellor
Alan Johnson has been named shadow chancellor by the new leader of the Labour Party, Ed Milliband.
Aviva ordered to pay £170k claim
Aviva has been forced to pay £170 000 to a personal injury claimant after pressure from the Financial Ombudsman Service, according to reports.
Exclusive energy market content now available
Insurance Insight’s weekly update is now live with a look at the European energy market, as well as a View From the Top opinion on why specialist understanding must come over pricing.
Broker BMS names London CEO
Independent broker BMS has appointed former Glencairn chief executive Nick Cook to the newly created position of London market wholesale CEO.
Equitas to offer ex-gratia mesothelioma payments
Equitas has said it will make payments to mesothelioma victims in situations where they would have been compensated by a Lloyd’s policy but the company no longer exists or cannoth be traced.
Turkey and Russia upgraded by Coface
Coface has upgraded two of the largest emerging European countries. Turkey has come out of the crisis with a better risk rating and Russia, which was hard hit, has recovered to its pre-crisis level.