News
Hastings Direct creates 200 new roles on the South Coast
Bexhill-based broker Hastings Direct will create 200 new posts on the South Coast over the coming 12 months, as part of ambitious new expansion plans.
R&Q completes £500k Hickson deal
Randall & Quilter has completed its £525 000 acquisition of the entire issued share capital of Isle of Man-domiciled captive insurer Hickson Insurance.
Japanese car premiums set to rise
Premiums for compulsory automobile liability insurance to rise from April in Japan.
Bomb blasts rock Pakistan
Powerful bombs in the cities of Quetta in southwest Pakistan, and Mingora in Pakistan's north-western Swat valley, killed over 100 people and wounded 200 more on January 10.
Many Asian hedge funds without D&O and PI insurance
Only 64% of Asian hedge fund managers have insurance for directors and officers' liability and professional indemnity according to a survey by Citigroup.
New India fined for two year delay paying medical claim
Unit Trust of India Technology Services and The New India Assurance Company have been fined Rs 25,000 after incorrectly deducting money from a policyholders medical claim.
Open GI names South West account manager
Systems provider Open GI has moved to bolster its sales department with the appointment of a new account manager dedicated to the south west of the UK.
Cunningham Lindsey asseses Tasmanian bushfire damage
More than 130 homes as well as farming and commercial properties have been destroyed in bushfires that are ravishing parts of Tasmania.
Hood Group makes Milbourne risk and compliance director
The Hood Group has appointed Sheila Milbourne to the role of risk and compliance director.
Dispatches insurance whistleblower Andrew Moody confirmed for Motor Claims 2013
The man who provided the evidence that sparked Monday night’s Dispatches: Secrets of Your Car Insurance has been confirmed as a speaker at the upcoming Post event, Motor Claims 2013.
"March madness" awaits EU motor insurers
Insurers that fail to embrace telematics in the wake of gender neutral pricing rules will see massive volumes go to more "switched-on" peers, according to Coverbox.
UAE insurers baulk at medical tariff rise
A standoff between insurers and one of the largest healthcare groups in the UAE may leave patients footing the bill for medical care from next month.
UK PMCs in Sri Lanka could find insurance invalidated
The Sri Lankan government's decision to mandate the use of offshore armouries could potentially invalidate UK private maritime security companies' insurance and affect their ability to win or retain security contracts from ship owners.
CIRC seeks more information on Ping An sale
HSBC's sale of its 15.5% stake in Chinese insurer Ping An is at risk of falling at the first hurdle.
Ferma appoints full time European adviser
The Federation of European Risk Management Associations has appointed Julien Bedhouche as its first full time European adviser.
Gender Directive will cause a 'perfect storm' in March
Insurers have to start preparing for the 'perfect storm' the Gender Directive will cause in March this year, according to telematics insurer Coverbox.
Ferma appoints full-time European adviser
The Federation of European Risk Management Associations has appointed French national Julien Bedhouche as its first full time European affairs adviser.
Delta Lloyd eyes second listing on Brussels exchange
Delta Lloyd NV is planning to list on the Belgian stock exchange, the insurer revealed today.
Keelan Westall founder recruits former employee for new venture
A former Keelan Westall team leader has rejoined her ex-boss Alan Westall at his Property Insurance Initiatives venture.
JLT appoints new partner as Coolings takes up Miller casualty post
Miller has recruited former Jardine Lloyd Thompson partner Simon Collings to spearhead the casualty division of the broker's corporate risks team.
Abbey Legal profit to meet expectations
Abbey Protection has said that its alternative business structure licence gained on 1 January will support profitable growth in 2013.
AIG will not sue US state over bailout
AIG has ruled out backing a claim by shareholder CV Starr that the terms of its state-backed bailout were unfair.
Ascot recruits Barbican underwriter Pilkington as head of casualty
Ascot Underwriting has appointed former Barbican active underwriter John Pilkington as head of casualty.
Japanese insurers grow in strength
Four Japanese companies are now in the top 10 insurers list as measured by net written premiums, according to a new AM Best survey