News
Risk managers urged to heed climate change
The human impact on the environment has been a major factor in a quintupling of weather-related loss events in North America during the past three decades, according to Munich Re.
JLT Re expands CEE expertise by adding two partners
JLT Reinsurance has demonstrated a continued focus on expanding capabilities in central and eastern Europe with the appointment of two new members to its non-marine team in the region.
HDI Gerling CEO to head AGCS' Mediterranean unit
Patrick Thiels, chief executive of HDI Gerling in Belgium and Luxembourg, will join Allianz Global Corporate & Specialty from 1 April to lead the insurer's new Mediterranean division.
Barbon hires Bluefin and Axa heads for CKW roles
Barbon Insurance’s Cadogan Keelan Westall has appointed Amanda Hindman, pictured standing, and Sue Filsell.
AGCS recruits HDI Gerling chief executive
Allianz Global Corporate & Specialty has appointed Patrick Thiels to lead the industrial insurer's new Mediterranean region.
Esure founder could quit Britain
Esure founder Peter Wood, pictured, is considering relocating to Jersey to escape the UK's tax burden.
FCA to "revolutionise" consumer behaviour
The financial services industry needs to "brace itself" for a major change in the approach to competition by the regulator.
Legal & General reshuffles overseas business
Legal & General has reorganised its international business, with overseas chief executive Gareth Hoskins taking early retirement and two directors sharing his responsibilities.
Xchanging unveils Xuber brand
Xchanging has upgraded the tools and products in its insurance software operation, which will now operate under the name Xuber, following £20m of investment by the group.
Loss assessor jailed after Zurich uncovers claims 'conspiracy'
A Liverpool-based loss assessor was jailed yesterday for 18 months for conspiracy to commit fraud by false representation.
Insuralex elects New York member
International lawyers group Insuralex has added New York practice Kissel Hirsch & Wilmer to its members.
QBE shuts Reading office amid restructure
QBE is closing its Reading office as part of a reorganisation of the firm's south of England operations.
CII welcomes FCA clamp down on 'poor' business behaviour
The Chartered Insurance Institute has said it looks forward to the Financial Conduct Authority "punishing poor and unethical behaviour" as the new body launched a consultation paper on how it will operate.
Capital remains strong for Europe's primary insurers, says AM Best
The Eurozone crisis continues to be among the most significant challenges facing insurers, although capital is strong for the European primary insurance market, according to a new report from ratings agency AM Best.
Allianz subordinated bond assigned A2 rating by Moody's
Moody's has assigned an A2(hyb) rating to the 30-year €1.5bn subordinated bond to be issued by Allianz SE.
Former Waylett surveyor joins SSL Claims
Northampton-based specialist motor and property loss adjustor SSL Claims has appointed Jon Holloway, pictured, as network surveyor director of the firm's property division.
Generali Deutschland implements automated ERM platform for compliance
Generali Deutschland is using an automated workflow enterprise risk management solution for reporting and compliance activities.
ABI welcomes consumer-led FCA approach
The Association of British Insurers has backed Financial Conduct Authority boss Martin Wheatley's plans for consumer-focused regulation.
UK non-life market needs rates focus, says AM Best
Weak economic activity, stubbornly soft rates and European financial perils are generating serious concerns about the UK non-life market, AM Best has said.
LAS unveils household claims debit card
LAS Claims Management has launched a pre-paid debit card scheme in a bid to offer "significantly increased choice and flexibility in settling household claims".
ING makes board appointments for Insurance/IM EurAsia
ING has added Delfin Rueda and Dorothee van Vredenburch to the management board of Insurance EurAsia.
Biba calls for proportionate FCA regulation
The British Insurance Brokers' Association has issued a cautious welcome to clarification from the FSA on its transition to the new regulator.
Wheatley unveils new regulation agenda
Martin Wheatley, incoming chief executive of the Financial Conduct Authority, aims to "reset" how the regulator works with financial firms and address "cross-industry issues" when it replaces the Financial Services Authority next year.
EU extends Iran sanctions to natural gas
The European Union has bolstered sanctions against Iran, including banning the importing of natural gas from the country owing to a "lack of progress in nuclear talks".