News
Some European insurers still value for money, says Westhouse
Despite the broader pan-European insurance sector delivering among the worst total returns over the past decade, some management teams are still adding value, Westhouse said in a note today.
Insurance Europe welcomes dialogue between EU and US on regulation
Trade body Insurance Europe has praised the dialogue between EU and US policymakers on insurance regulatory issues.
Zurich makes Impossible appearance on the silver screen
Zurich Insurance has engaged in film product placement for the first time by featuring in two scenes of new blockbuster The Impossible.
Autoglass launches loyalty reward scheme with Aviva
Autoglass and Aviva have joined forces to reward the insurer's policyholders with benefits at the point of service.
Admiral follows home market entry with RICS tie-up
Admiral has followed its soft launch of home insurance by signing a deal with the Building Cost Information Service of the Royal Institution of Chartered Surveyors.
Ace's Andrade appointed COO for overseas insurance
Juan Andrade, Ace's division president for global personal lines and small commercial insurance, has been appointed to the additional post of chief operating officer for the firm's overseas general insurance business.
Former Aviva director Winslow joins AIG
AIG has named Adam Winslow as its new UK distribution director from 14 January.
Questgates joins oil spill response association
Questgates has joined the UK Spill Association as an associate member, becoming the first loss adjuster in its ranks.
CII to offer more international-only qualifications
The Chartered Insurance Institute has broadened its options for international insurance agents with new international-only qualifications.
Covéa appoints UK commercial lines director
The UK underwriting arm of French mutual Covéa has appointed Simon Cooter as commercial lines director.
Airmic members predicting two-year rise in casualty rates
Risk managers are expecting to see an increase in casualty insurance rates over the next two years, despite a recent Airmic survey showing rates remaining flat.
HSB strengthens Manchester office
HSB Engineering Insurance has appointed Paul Cuddihy as business development manager.
Antares forms partnership with Japan's Itochu Corporation
Antares has formed a strategic and financial alliance with Japanese trading organisation Itochu Corporation.
Insurers' profits down 12% over two years
Insurers' profits are expected to have fallen 5% in 2012, Ernst & Young said today, as the firm forecast another difficult year for the financial services industry.
Antares syndicate wins Japanese funding
Antares has completed a deal with Japanese trading organisation Itochu for investment in its syndicate.
Ex-Brit director Cooter resurfaces at Covéa following QBE exit
Covéa Insurance has appointed former Brit director of market management and regional operations Simon Cooter as commercial lines director.
R&Q selects Sequel software
Randall & Quilter Managing Agency has implemented Sequel's Eclipse Underwriting software to form part of its newly launched Syndicate 1991 operating platform.
Guy Carpenter takes on two GC Securities MDs from Aon Benfield
Guy Carpenter & Company has made a double recruitment swoop on Aon Benfield with the appointment of Andrew Beecroft and Paul Rayner as managing directors of GC Securities.
Direct Line launches multi-product discount
Direct Line has launched Together, a multi-product discount designed to reward customer loyalty and attract new policyholders.
Amlin Corporate reborn as Amlin Europe
Amlin Corporate Insurance is now operating under the name Amlin Europe, according to a statement on the company's website.
Punjab National Bank gets go-ahead for Metlife acquisition
Punjab National Bank has received approval to acquire a 30% stake in insurer Metlife India Insurance.
Achmea completes OVO acquisition
Dutch insurer Achmea has completed the acquisition of mutual government insurer Onderlinge Verzekeringen Overheid.
Ergo launches modular home contents policy
Munich-Re owned Ergo Insurance has launched a new home contents policy for the German market.
Giles broker of choice for roofing confederation
Giles Insurance Brokers has been appointed as the exclusive broker of choice for the Confederation of Roofing Contractors.