News
RSA wins staff development awards
RSA has been handed two gongs by the Chartered Institute of Personnel Development.
Chartered broker websites 'overlook the basics', report finds
Brokers are downplaying their chartered status on company websites, according to research commissioned by Axa Commercial Lines and Personal Intermediary.
Kennedys finance staff at risk of redundancy
Kennedys law firm has started a redundancy consultation with 70 staff in its finance department as part of plans to consolidate the non-legal department.
Generali rejigs business structure
Italian insurer Generali has overhauled its business structure in a bid to ensure the group is managed "in a more integrated way".
ING sells Hong Kong and Thailand units to Li's Pacific Century Group
ING has agreed to sell its Hong Kong, Macau and Thailand insurance businesses to Pacific Century Group in a deal worth €1.64bn.
Hong Kong insurers face stricter outsourcing rules
Hong Kong-based insurers will have to comply with new rules governing outsourcing from January 2013.
RFIB recruits Towergate risk boss
RFIB has swooped to recruit Towergate group risk officer Lisa Siggery to serve as risk and compliance director from 29 October.
Car insurance at two-year low but young driver rates rising
Car insurance premiums have shrunk to their lowest level in more than two years, according to price comparison site Tiger.
Jelf MD joins Alec Finch
Alec Finch has appointed Mike Latham as group managing director.
Barclays ringfences a further £700m for PPI compensation
Barclays is to set aside another £700m to compensate customers who were mis-sold payment protection insurance.
Swiss Re unveils senior appointments
John Dacey, Swiss Re's head of group strategy and strategic investments, is to join the group executive committee from 1 November.
Autonet recruits Carole Nash HR boss
Van insurance broker Autonet Insurance has appointed Penny Copeland, pictured, as director of human resources with immediate effect.
BrokersLink offers supply chain risk advice
International broker network BrokersLink has launched a supply chain risk management service for its members.
ING reportedly close to sale of Thailand and Hong Kong units
ING Group is nearing an agreement to sell its Hong Kong and Thailand insurance businesses to Richard Li, Reuters reported today, quoting sources close to the matter.
Pakistan working to develop microinsurance guidelines
Pakistan's Securities and Exchange Commission is formulating a regulatory framework for the micro-insurance sector to meet the needs of low-income citizens.
Axa Insurance Gulf opens Dubai branch
Axa Insurance Gulf is opening new offices for the UAE and regional operations in Dubai.
Mapfre eyes Middle East expansion with Turkish acquisition
Mapfre Genel Sigorta, the Spanish insurer's Turkish subsidiary, has acquired 51% of Genel Servis, a motor services firm.
Fraud 2012: Fraud register will be extended to loss adjusters
The Insurance Fraud Register could be used as a template by the Home Office to roll out a UK-wide anti-fraud checking service.
Fraud 2012: False hearing loss claims 'easy to disprove'
The insurance industry faces an increase in fraud relating to hearing loss, pet and gadget insurance and arson over the next two years, and has been urged to challenge these threats in a post-Jackson world.
Fraud 2012: IFED courts Lloyd's players
Nine Lloyd's syndicates are in talks with the Association of British Insurers with a view to signing up to use the Insurance Fraud Enforcement Department.
Nearly half of insurers won't be Solvency II ready by 2014
While 57% of insurers across Europe think they are on track to comply with Solvency II by January 2014, readiness varies significantly by country, according to Ernst & Young.
Solvency II unlikely to be implemented until 2016
Solvency II rules may not take effect until 2016, Gabriel Bernardino told The Wall Street Journal this week.
Towergate recruits Aspen audit head
Towergate Insurance has named Jackie Gray as group internal audit director, joining from insurer and reinsurer Aspen where she also headed up internal audit.
First Assist launches non-standard travel insurance service
White label specialist First Assist Insurance Services has launched a non-standard risk service for people who exceed medical thresholds or age limits.