News
Former RSA CEO Bridget McIntyre set to take Fortis exec role
Former RSA UK CEO Bridget McIntyre is in line to become a non executive director of Fortis.
Former RSA CEO Bridget McIntyre set to take Fortis exec role
Former RSA UK CEO Bridget McIntyre is in line to become a non executive director of Fortis.
Insurance fraud losses could reach £2.5bn
General insurance fraud losses could reach £2.5bn during 2010, according to the latest insight report from Experian.
KGM nabs NIG underwriter
KGM Motor Insurance has appointed NIG’s David Martin as fleet class underwriter.
Keoghs warns of insurance fraud "plague" spreading across England
A study published by law firm Keoghs has claimed that motor insurance fraud is affecting more of England’s most densely populated areas than ever before.
Allied World Chile quake losses up to $75m
Allied World has estimated that the recent earthquake in Chile will cost it in the range of $55m - $75m, while Windstorm Xynthia, which hit Europe earlier this month, will cost the Bermudian (re)insurer $2m.
Miller looks to Markel to boost Singapore team
Miller Insurance Services has announced that Paul Cheng has joined its office in Singapore.
Accident Exchange: four insurers at the centre of Autofocus action
Accident Exchange today said that the early indications are that “four large and well known insurers and two firms of defendant solicitors” account for the most material number of cases impacted by what it claims is a “systematic production of…
Ace outlines $125m cat losses from first quarter
Ace has announced its estimated net after-tax losses in the first quarter from natural catastrophes will be approximately $125m, including reinstatement premiums.
Ace outlines $125m cat losses from first quarter
Ace has announced its estimated net after-tax losses in the first quarter from natural catastrophes will be approximately $125m, including reinstatement premiums.
FM Global reports gross premium increase for 2009
Business property insurers FM Global has announced gross premium in force of $4.7bn (£3.0bn) as part of its end of year results for 2009 – an increase of more than 5% year-on-year.
FM Global reports gross premium increase for 2009
Business property insurers FM Global has announced gross premium in force of $4.7bn (£3.0bn) as part of its end of year results for 2009 – an increase of more than 5% year-on-year.
Allianz successful in Darren Bent credit hire appeal
Allianz has successfully challenged a court judgement relating to a credit hire claim involving Sunderland and England footballer Darren Bent and Accident Exchange.
UK director given role on Berlusconi's economic task force
Professor Davide Sola has been named as a member of the Banca Del Sud Italia committee by the Italian government.
Aviva enters Indonesian market
Insurer acquires a 60% stake in PT Asuransi Winterthur Life Indonesia.
Aviva enters Indonesian market
Insurer acquires a 60% stake in PT Asuransi Winterthur Life Indonesia.
Galbraith criticises FSA stance on adequate broker resources
British Insurance Brokers’ Association chief executive Eric Galbraith has hit back at the Financial Services Authority’s ‘time consuming and expensive’ approach to adequate resources.
Autofocus hits back in Accident Exchange contempt of court row
Credit hire reports company Autofocus has reiterated that it is “confident of success” in its court wrangle with Accident Exchange despite the suspended prison sentence of one its former employees earlier this week.
ABI director general slams ‘extremely conservative’ CEIOPS' Solvency II approach
New Association of British Insurers director general Kerrie Kelly has criticised the Committee of European Insurance and Occupational Pensions Supervisors for its approach to Solvency II.
ABI director general slams ‘extremely conservative’ CEIOPS' Solvency II approach
New Association of British Insurers director general Kerrie Kelly has criticised the Committee of European Insurance and Occupational Pensions Supervisors for its approach to Solvency II.
PPI industry faces reimbursement cost of up to £3bn
The Financial Services Authority consultation document on PPI mis-selling has extremely costly and serious ramifications for the industry according to financial research company Defaqto.
Co-op general insurance premiums up £29.9m for 2009
The general insurance division of the firm’s retail business said premiums had increased 7.6% on 2008, according to an announcement to the London Stock Exchange.
Transatlantic announces senior promotions
Executive promotions announced in Paris, London and the US.
Medicals Direct Group takes annual turnover to £25m
The North London-based medical services solutions provider has acquired three companies operated by a competitor.