News
Cega expands PA team
Cega has strengthened its personal accident claims team with the appointment of three new PA claims specialists.
Sterling promotes broker development manager
Sterling Insurance Company has promoted senior development manager James Guthrie, to associate director responsible for broker development.
Asda signs up Leeds law firm for liability work
The Leeds office of Forbes Solicitors has announced that Asda has become a new client of the firm.
Gallagher International announces latest acquisition, SBA
Gallagher International has acquired Australia-based natural resources risk management provider Specialised Broking Associates for an undisclosed sum.
Aggregators “dominating” personal lines market
Research by advisory firm Deloitte has revealed that 40% of consumers have purchased a non-life insurance policy via a comparison site in the last year.
Aon results highlight 8% fall in broker's UK revenue
Broking giant Aon today reported an 8% decline in commission and fees for its UK arm, in the second quarter of 2010 to $167m (Q2 2009: $181m).
Markerstudy fraud investigator joins IFIG board
Markerstudy’s Andrew Davies has been named as a board member of the Insurance Fraud Investigators Group (IFIG).
Aon results highlight 8% fall in broker's UK revenue
Broking giant Aon today reported an 8% decline in commission and fees for its UK arm, in the second quarter of 2010 to $167m (Q2 2009: $181m).
Fitch revises VTB Insurance outlook to positive
Fitch Ratings has revised the outlook of Russian VTB Insurance to positive and affirmed its ratings at insurer financial strength 'BB' and National IFS 'AA-(rus)'.
Oxygen Corporate Risks confirms new Leeds boss
Oxygen Insurance Brokers, a subsidiary of Oxygen Holdings, has appointed Simon Rowlands to head up its Leeds office.
Post Europe Live: General insurers protect finance raising in Spain
This week broker Marsh’s Fernando Claro discusses the risks faced by Spanish firms wanting to do an initial public offering.
Fitch revises VTB Insurance outlook to positive
Fitch Ratings has revised the outlook of Russian VTB Insurance to positive and affirmed its ratings at insurer financial strength 'BB' and National IFS 'AA-(rus)'.
General insurers protect finance raising in Spain
This week broker Marsh’s Fernando Claro discusses the risks faced by Spanish firms wanting to do an initial public offering.
Deloitte urges insurers to begin IFRS planning
Deloitte has called on insurers to begin working on the International Accounting Standards Board proposals for a single International Financial Reporting Standard for insurance contracts.
Marsh Germany hires D&O expert
The German operation of insurance broker Marsh has hired directors' and officers' specialist Stefan Steinkühler.
Italian insurance regulator to act on high motor premiums
The Italian insurance regulator ISVAP has promised that it will take action to reduce the higher than European average motor premiums in the country this year.
Ecclesiastical in Gloucester office move
Ecclesiastical has moved its Gloucester office to Gloucester Docks from Brunswick Road.
Deloitte urges insurers to begin IFRS planning
Deloitte has called on insurers to begin working on the International Accounting Standards Board proposals for a single International Financial Reporting Standard for insurance contracts.
Marsh Germany hires D&O expert
The German operation of insurance broker Marsh has hired directors' and officers' specialist Stefan Steinkühler.
Italian insurance regulator to act on high motor premiums
The Italian insurance regulator ISVAP has promised that it will take action to reduce the higher than European average motor premiums in the country this year.
Underwriting Service Awards 2010 - rewarding insurance underwriting excellence
Post has launched the all new Underwriting Service Awards, designed to identify, reward and shine a light on the highest performing insurance industry underwriters across a number of different insurance specialisms. The winners will be announced at a…
PwC predicts “mixed reaction” to IASB draft
Accounting firm PricewaterhouseCoopers has predicted that the insurance industry will be divided on International Accounting Standards Board plans for a single International Financial Reporting Standard.
Lloyd's: East London sees ‘extreme weather’ increase
A new Lloyd’s of London has discovered East London has experienced a tenfold increase in extreme daily rainfall since 1960, and warning that the closure of meteorological stations is resulting in incomplete data, impairing future analysis.
IASB proposes single insurance financial reporting standards
The International Accounting Standards Board has recommended a single International Financial Reporting Standard for all insurers in all jurisdictions.