News
Renewable energies present opportunities worldwide
UK insurers risk missing out on the big economic opportunities of renewable energy, according to Steve Kingshott, RSA's global director of construction, engineering and renewable energy.
Junction extends RAC motor deal
Junction has extended its agreement with the RAC to manage motor insurance for new and existing customers for another five years.
CBI: Insurer business volumes grow as brokers report steep fall in business
General insurers have seen "robust growth" in business volumes over the past three months, in contrast to insurance brokers, which have reported a "steep fall in business".
Aon defers bonuses to benefit from lower tax
Aon has offered staff the option to benefit from lower income tax by delaying bonus payments until after April.
R&Q outlines captive exit solution
Randall & Quilter Investment Holdings has effected a novation of policies from Guernsey-domiciled captive insurer SL Insurance to R&Q Insurance.
Bluefin opens Bromley office
Bluefin has moved its Private Clients contact centre operation from West Wickham to new larger premises in Bromley to accommodate rapid expansion plans for 2013.
AA launches 'try before you buy' telematics app
The AA has launched an app that enables motorists to see how their driving behaviour would score before committing to the insurer's telematics policy.
XL appoints new UK general manager
XL Group has appointed Marcus Gonzales as general manager of the UK branch and head of international casualty in London.
ProSight recruits former Guy Carpenter UK boss as chairman
Former Guy Carpenter UK managing director Mark Hewett has been named chairman of ProSight Specialty Underwriters with immediate effect.
Insurers must back renewable energy, says Swiss Re
The insurance industry can provide key support to the development of renewable energy solutions and the mitigation of climate change, according to Swiss Re.
Groupama extends range of small fleet product
Groupama Insurances has extended the range of its Optima Small Fleet product, making it available for well-managed small fleets of up to 25 vehicles.
Energy changes offer opportunities for insurers
The changing energy landscape will provide new growth opportunities for insurers, according to Swiss Re's latest report.
Thailand law firm hires senior AIG litigator
Tilleke & Gibbins, a law firm based in Thailand and Vietnam, has appointed Aaron Le Marquer from AIG as a consultant in its Bangkok office.
Youngest female motorists hit with 50% premium rise, claims report
Female drivers aged 17 and 18 have seen motor insurance premiums rise by up to 50% since the EU Gender Directive was introduced last month, according to figures uncovered by Uswitch.
R&Q outlines captive exit solution
Randall & Quilter Investment Holdings has effected a novation of policies from Guernsey-domiciled captive insurer SL Insurance to R&Q Insurance.
Philippines government looks to increase natural disaster recovery efforts
The Philippines Department of Agriculture is seeking to develop a centralised preparedness scheme for before, during and after natural disasters.
Japan helps out with Pacific Islands catastrophe cover
Backers including the World Bank and Japan have launched a pilot to offer aid quickly to the Pacific Islands when disaster strikes.
Lords vote down 'sunset clause' for Scrap Metal Dealers Bill
The House of Lords has rejected an amendment to the Scrap Metal Dealers Bill which stipulated that the legislation would expire five years after it came into force.
Forty-hour snowstorm to blanket the UK
The Met Office has issued its first 'red' severe weather warning for two years, after confirming that snow will cover the UK for the weekend.
ABI hits back at Biba claim regarding increased payout battle
The Association of British Insurers has rejected the view expressed by the British Insurance Brokers' Association that the challenging economic climate has led to insurers adopting a stricter policy interpretation.
ABI slams revised FSCS rules
The Association of British Insurers has condemned plans by the Financial Services Authority to update its rules for the Financial Services Compensation Scheme, saying that insurers will be paying for the failure of other financial institutions.
FSA confirms PPI deadline talks
The Financial Services Authority has confirmed that it is in talks with the British Bankers' Association about a possible time limit for payment protection insurance complaints.
Aviva Malaysian sale "last of the heavy lifting"
The sale of Aviva's 49% stake in a Malaysian joint venture to Sun Life should be the last major deal of the UK insurer's disposals, Panmure Gordon has said.
Ex-Swinton regional manager moves to Staveley Head
Motor insurance intermediary Staveley Head has appointed Craig Shaw as operations manager.