News
Chartis appoints regional head
Chartis has appointed a new regional manager for the Midlands and south west.
RSA 'well positioned' for economic woes, analysts say
Analysts have responded positively to RSA's results for the nine months to 30 September 2012, but warned that a series of storms like Sandy could affect its "attractive" dividend yield.
Ace highlights environmental issues as top European emerging risks
A survey of 600 risk managers, chief risk officers, chief financial officers, chief operating officers and insurance buyers found that 35% of mid-size companies view environment risk as the top emerging concern.
RSA UK premiums flat as international business grows
RSA is on target to deliver a combined operating ratio of around 96% and £500m investment income for the 2012 full year after reporting a 4% jump in net written premiums to £6.2bn for the nine months to 30 September 2012.
Lancashire records 48.9% Q3 combined ratio
Lancashire has reported a marginal increase in the combined ratio and a fall in net operating profits in its Q3 results.
US sale talks continue, says Aviva chairman
John McFarlane has confirmed that discussions over the sale of the firm's US life and annuities business are on-going.
Aviva reveals 97% COR in steady results
Aviva's general insurance business delivered a combined operating ratio of 97% in the first nine months of 2012, in line with the previous year, excluding RAC.
Analysts react to Haste's Lloyd's move
The decision by former RSA group chief executive Andy Haste to join Lloyd's as deputy chairman has surprised market observers, who expected him to stay in general insurance.
Investing in the Profession: Pound Gates gains ISO accreditation
Chartered insurance broker Pound Gates has gained ISO 14001 and 9001 accreditations.
Davies signals 'time for change' with staff shake-up
Former Merlin Claims director John Watson is joining Davies Group amid a shake-up in which chief executive Charles Crawford and two senior colleagues are leaving.
Proposed cuts to fire service budgets could have major impact on insurers
The insurance industry is urging the government to implement a central fire and rescue policy in England amid fears that sweeping budget cuts will result in insurers paying the price for longer response times.
Insurers await outcome of 'dishonest' evidence appeal in Axa case
Several insurers are awaiting a Court of Appeal decision on Axa's use of allegedly "false" Autofocus evidence before potentially resuming out-of-court negotiations with Accident Exchange.
Motor insurance market reviews plans ahead of legislation and slowdown
Direct Line Group is primed to "execute a range of strategies" depending on how changes to the legal landscape play out next spring, according to the insurer's chief executive Paul Geddes.
Investing in the Profession: Howell Shone lands chartered status
Staffordshire-based broker Howell Shone has been granted chartered status.
Market moves: Fusion five mark the week's biggest move
Towergate-owned underwriter Fusion was the most active firm in the recruitment space this week, unveiling a new five-strong engineering team all joining from Aviva.
International brokers target London market for growth opportunities
International brokers are looking to London for opportunities to grow their businesses amid signs that the capital's mergers and acquisitions market is heating up.
New Yorkers to fall victim to second storm in less than two weeks
New York residents could be told to evacuate the city for a second time this month as winter storm Athena makes its way to the same areas battered by Sandy last week.
CMCs face fee hike under MoJ proposals
The Ministry of Justice has suggested raising application fees for new claims management firms in the coming year from £950 to £1400.
'Crippled infrastructure' hampers Sandy recovery
Assessing the scale of devastation wrought by Superstorm Sandy has been hampered by disruptions in fuel supply, communications and power, according to insurance firms on the ground.
McLarens brand in UK return as CEO Chalfant eyes deals
The McLarens brand has been resurrected in the UK insurance market after the loss adjusting group reclaimed the name in readiness to make global acquisitions in 2013.
Ageas to build broker brands as Groupama name phased out in UK
The Groupama Insurances brand is to be phased out of the UK marketplace following completion of the insurer's sale to Ageas UK.
Georgia's health insurance reforms based on German model
An overhaul of Georgia's medical insurance market will be based on the German Bismarck model, according to comments made by one of the country's MPs.
ING reveals job cuts as it posts 39.3% fall in operating result
ING said on Wednesday that 1,350 jobs are to be cut from its European insurance operations as the firm seeks to achieve a standalone future.
Markerstudy names operations director
Markerstudy Group has appointed Saleem Miyan, pictured, as group operations director.