News
CCV chief operating officer Barr steps down
Graham Barr, pictured, has left his job as chief operating officer of Cullum Capital Ventures after less than a year.
Zurich boss hails 'strong' H1 results despite £19m flood loss
Zurich UK has admitted to losses of £19m as a result of the floods in the UK and Ireland during the first half of the year.
PWC: Eurozone crisis unlikely to cause widespread downgrades
The crisis in the Eurozone will not result in rating agencies downgrading general insurers en masse, according to PWC UK insurance leader Mark Stephen.
Williams: claims colleagues deserve equal pay and greater recognition
Axa's David Williams has called for parity in remunerating claims employees who possess equivalent knowledge and experience to their underwriting counterparts, as he departed the field last week to focus purely on underwriting.
Insurance Stategy 2012: Chartis UK MD Aubert to offer insights into volatile market
Chartis UK managing director Nicolas Aubert will join the Insurance Strategy line-up next month to take part in a panel discussion.
Fitch upgrades Hiscox to A+
Fitch Ratings has upgraded Hiscox Group's core entities insurer financial strength rating to A+ owing to the Lloyd's player's "track record of profitability".
David Mairs breaks his silence over Merlin demise
The founder of loss adjusting business Merlin has spoken out following the collapse of the business formerly known as Ashworth Mairs Group.
Aon Risk Solutions appoints new broking head after restructure
The former head of broking, corporate and affinity has been promoted to head of broking following a business reshuffle.
Willis: Unprecedented stability for aviation market
The lack of large losses in aviation has created stability, a report has found.
Solarif extends PV cover after customer demand
Solar Insurance and Finance has expanded its policy terms and conditions for solar photovoltaic insurance to "align with customer wishes".
Indian resolution poll
Is a resolution mechanism needed for India?
Hiscox entities upgraded to 'A+'
Hiscox Group's core entities insurer financial strength ratings have been upgraded to 'A+' from 'A'.
RSA appoints investor director from Cable & Wireless
RSA has appointed Matt Hotson as investor relations director.
Zurich UK records 26% profit dip as COR also deteriorates
Zurich has blamed a volatile market after its UK operation's business operating profit suffered at the hands of summer floods, causing a 26% drop on H1 2011 to £52m.
New Lockton vice president to develop south east commercial offering
Former Marsh business development director John Bellingan has been appointed vice president of Lockton.
Philippines finance secretary calls for support for Asian nat cat risk pool
The Philippine government is proposing a local Asian risk pool based on the Caribbean Catastrophe Risk Insurance Facility.
RSA recruits ex-L&G man for investor relations role
RSA has appointed Matt Hotson as investor relations director.
Indian commercial rates expected to rise 15% following nat cats
Indian businesses are likely to see premiums rise by 15% as insurers include flood risk in policies having suffered large losses after recent natural catastrophes, it has been reported.
Cooper Gay appoints new divisional director
Lloyd's broker Cooper Gay & Co has appointed Mike Fraser, pictured, as divisional director of the professional risks claims team.
Aviva loses 'A' rating as S&P downgrades UK group
Standard & Poor's has lowered Aviva PLC’s long-term counterparty credit rating by one notch to 'A-' from 'A', and its long-term counterparty credit and insurer financial strength ratings on all of the group's core operating subsidiaries by one notch to …
Aviva suffers ratings downgrade amid strategic overhaul
Aviva has been hit with a Standards & Poor’s ratings downgrade following concerns about the cost and risks of delivery associated with its strategic plan.
Zurich sees decline in European GI profit as pension and commission expenses bite
Zurich Insurance has reported a business operating profit of $2.5bn for the six months ended 30 June 2012, up 17% on 2011.
Zurich CEO Senn attributes rising profits to 'working' global strategy
Zurich group chief executive Martin Senn has described the firm’s international half year business operating profit of $2.5bn (£1.6bn) as being testament to a functional global strategy.
US global corporate boss Kerner appointed CEO of Zurich GI
Zurich has appointed North American global corporate chief executive Michael Kerner, pictured, to the role of CEO of the insurer's general insurance segment.