News
UK non-life insurance sector remains stable
Fitch Ratings has maintained a stable outlook on the UK non-life insurance sector, even as fundamental indicators remain weak.
Typhoon Jelawat dissipates causing little damage
Typhoon Jelawat passed over Japan's main island of Honshu yesterday as a weakening tropical cyclone, and the remnants are currently over the north west Pacific ocean, racing away from Japan at about 85km/h.
Solicitors' risk pool applicants rise in 2012
The number of solicitors applying for professional indemnity cover via the assigned risks pool went up this year, according to initial figures released by the Solicitors Regulation Authority.
JLT is "well run" and "fully valued"
JLT's share price is now "fully valued" having risen 19% in the past 12 months, according to Panmure Gordon.
Brake technology to cut insurance premiums
Motorists who buy cars fitted with autonomous emergency braking technologies as standard could benefit from cheaper insurance premiums from this month.
White Oak Underwriting announces internal appointments
White Oak Underwriting has appointed a new underwriter, claims adjuster and deputy compliance officer.
SBP completes Giles rebrand
Insurance broker SBP Chapman Stevens has rebranded as Giles Insurance Brokers.
UIB director Philip Loasby dies
Reinsurance broker UIB has announced that company director Philip Loasby has died.
Tungsten founder Truell admits Equity discussions
Edmund Truell has told Post that he has entered into negotiations with motor insurer Equity, adding that he is keen to pursue the deal.
Air Worldwide expands in Asia-Pacific with Singapore office
Air Worldwide is opening an office in Singapore to meet the expanding needs of clients in the Asian insurance market.
RSA makes two promotions in global specialty lines
RSA has made two new appointments in its global specialty lines business.
Aegis London rewards policyholders with premium credits
Aegis London, the UK-based subsidiary of mutual insurer Associated Electric & Gas Insurance Services Limited, has approved $1m (£620 000) in premium credits which will be returned to members through the firm’s premium credit programme.
EU and US seek to harmonise insurance regulation
Regulators from the EU will meet with their US counterparts this month in a bid to increase understanding and enhance cooperation between the two regimes on insurance regulation.
BLM reveals plans to corner Irish legal market
Berrymans Lace Mawer has entered the Irish legal market focusing on motor, liability and property damage claims, with plans to include professional indemnity, healthcare, corporate risks and construction work.
UK private medical cover second most expensive in Europe
UK policyholders of private medical cover pay some of the highest premiums in Europe, despite scaled back cover and a limited choice of providers.
University launches post-graduate degree in insurance law
Queen Mary, University of London has launched what it claims is the first post-graduate course solely dedicated to insurance in the UK.
Steady stream of appointments continues under McManus regime
Ink Underwriting component business FSJ Broking has added to its expanding broking team with a string of key hires.
CVC Capital Partners takes majority stake in loss adjuster Cunningham Lindsey
CVC Capital Partners has acquired a majority stake in global claims and loss adjusting firm Cunningham Lindsey.
Bluefin appoints Reich's Capel
Axa-owned insurance broker Bluefin has appointed John Capel as regional managing director.
Germany's GI sector stable, says Fitch
The rating outlook for the German non-life insurance sector remains stable, with motor rates expected to continue recovering in 2013, according to Fitch.
CVC buys majority stake in Cunningham Lindsey
Private equity house CVC Capital Partners has bought a majority stake in loss adjusting giant Cunningham Lindsey.
Witteus joins Lockton to develop Nordic region
Broker Lockton has appointed Nordic insurance and risk management expert Christer Witteus to its London-based major accounts team.
Covéa launches in UK
Covéa Insurance, the business created from the merger of MMA Insurance and Provident Insurance, launched today, promising to deliver "the quality, consistency and financial reassurance that our broker partners and customers value".
Covéa Insurance CEO Reader looking ahead following official launch
Covéa Insurance, the business formed following the merger of MMA Insurance and Provident Insurance, has been officially launched today.