News
Long-serving Marsh chair Moyan to lead global surety practice
The surety practice chairman of Marsh's international division has been selected to lead the firm's newly-created global surety practice.
Giles inks BlockInsure placement deals
Independent broker Giles has signed a deal with residential property insurer Blockinsure that will see the pair work together on providing specialist cover.
M&A activity continues at Towergate with four more deals
Towergate has brought its 2012 acquisitions total up to 23 following the purchases of non-life business Newstead Insurances Brokers and general insurance broker Grenville Westinsure.
EC urged to limit bank bail-in mechanism
Insurance Europe has called on the European Commission to limit the potential use of the proposed 'bail-in' mechanism, under which authorities could write down the claims of unsecured creditors of a failing credit institution.
HSBC in talks over sale of Ping An stake
HSBC may sell its stake in China's Ping An Insurance as part of a drive to improve profitability, the insurer confirmed on Monday.
Bluefin adds five to broker network
Five new brokers have joined Bluefin’ broker network Broker Partnership Services.
Generali names investor relations lead
Italian insurer Assicurazioni Generali has recruited Deutsche Bank's European insurance equity research head, Spencer Horgan.
GLP unveils legal expenses product for marine market
General Legal Protection has launched an innovative legal expenses and assistance product for the marine market after working closely with boat insurance specialist Bishop Skinner Marine.
AIA boss Wilson tipped to take Aviva CEO job
The former chief executive of Asian life insurer AIA is the favourite to take the up the chief executive position at Aviva, according to the Financial Times.
Ex-Brit underwriter takes on property role at Argo International
Argo International has appointed former Brit Insurance underwriter Neil Russell as class underwriter for property.
Apil challenges MoJ portal plans
The Association of Personal Injury Lawyers has started a process that could lead to a judicial review into planned reforms of the Road Traffic Accident Portal.
Competition: Win tickets for England v New Zealand
Win tickets for England v New Zealand at Twickenham on 1 December with Post Online and QBE.
Charles Taylor cements solid profits in bid to drive down group debt
International professional services provider Charles Taylor released an interim management statement this morning, reaffirming a commitment to implement its run-off strategy by acquiring offshore life insurers in run-off.
Allianz Commercial strengths Maidstone office
Allianz Commercial has made two new appointments to its Maidstone branch.
Aria expands assistance offering with Japan deal
Aria Assistance has signed an agreement with Emergency Assistance Japan to extend its global network to locations where it is currently not present.
Lack of cyber liability cover may lead to fines for libellous Twitter users
Individuals without cyber liability cover who use social media such as Twitter to make baseless defamatory statements could end up being hit in the pocket.
Former Axis chairman could start Asian insurer
Axis Capital founder John Charman is planning to return to the insurance industry, possible through the creation of an Asian insurance company.
Vela MD among redundancies
The managing director of Oval-owned underwriting agency Vela is among seven staff to lose their jobs as part of a plan to "simplify" the operation and secure its future.
Liberty to cut 285 Irish jobs
Liberty Insurance, the company which took over Quinn after it went into administration, is to make 285 Irish staff redundant.
LV Broker teams up with specialist home insurance provider
LV Broker has launched its ABC home insurance product on Insure 4 Retirement.
Amice welcomes EC report on European mutuals
The Association of Mutual Insurers and Insurance Cooperatives in Europe welcomed the publication of the European Commission’s report on the current situation of mutual in Europe today.
MoJ: Discount rate review on track
The Ministry of Justice has confirmed the second part of the discount rate consultation is on schedule to be issued before the end of the year.
MoJ reforms spark Questgates mediation pilot with Validus
Questgates has launched a pilot scheme with Validus of their Go2 Mediation service developed to provide an online liability mediation service, ahead of the incoming Ministry of Justice reforms.
US firm invests in Health Claims Bureau
Healthcare and risk management specialist Health Claims Bureau has signed an investment deal with US specialist Professional Disability Associates.