News
Xchanging operating profit hits £14m, but results fall below expectations
Insurance solutions provider Xchanging posted a statutory operating profit of £14m for the first six months of 2012, representing an increase of £10.8m on last year.
Garwyn oil and gas expert Baillie joins Argent Liability Adjusters
Argent Liability Adjusters has recruited Allan Baillie, Garwyn expert in the onshore and offshore oil and gas sector, to the firm's Glasgow office.
US P&C book supports HCC growth
HCC's gross written premium increased 7% to $1.5bn in the first six months of the year compared with $1.4bn in the first half of 2011.
Aon extends Manchester United sponsor deal
Aon is to maintain its relationship with Manchester United by becoming title sponsor of the club's business-to-business network and community engagement programmes from 2014.
MIB boss slams Arsenal striker for driving without insurance
The Motor Insurers' Bureau has warned drivers without insurance that there is nowhere to hide after Arsenal footballer Nicklas Bendtner was found guilty of the offence.
Insurers in bidding war for Air India's $8.6bn aviation policy
Three private non-life insurers have launched a consortium bid for Air India's $8.6bn aviation insurance policy, according to India's Financial Chronicle.
Indian health insurer targets private sector after losing government business
India's first standalone health insurer plans to raise Rs 100-150 crore of additional capital to drive the private retail segment following the loss of key business from two state governments, The Economic Times reported.
Insurance Europe pledges support for EU occupational systems study
Insurance Europe is backing plans by the European Insurance and Occupational Pensions Authority to carry out a thorough quantitative impact study on the review of the EU Institutions for Occupational Retirement Provision Directive.
Xchanging wins Tokio Millennium Re deal
Business process and technology services provider Xchanging has secured a contract to provide additional infrastructure services to global reinsurer Tokio Millennium Re (UK).
Top five Asian news stories
The top five Asian stories from www.insuranceinsight.com over the past seven days.
Canopius primed for Bermuda departure amid Tower merger
Canopius will exit its existing Bermuda reinsurance operations after New York-listed Tower Group exercised its option to merge.
Top five European news stories
The top five European stories from www.insuranceinsight.com over the past seven days.
RSA Ireland teams up with Xactware on home insurance
RSA Insurance Ireland has adopted Xactware's claims management and assignment network, Xactanalysis, for its home insurance supply chain.
FCA told to act 'swiftly' on consumer complaints
The Financial Services Consumer Panel has urged the forthcoming Financial Conduct Authority to respond quickly to widespread consumer detriment.
Aviva to recognise 'growing trend' by underwriting pet insurance
Aviva will underwrite its own pet insurance from tomorrow, in a move bosses claim recognises a growing trend among the UK's 15 million cat and dog owners.
RSA Ireland adopts Xactware tool to increase supply chain transparency
RSA Insurance Ireland is to use Xactware's claims management and assignment network in a bid to enhance transparency throughout its home insurance supply chain.
JLT bolsters board with new executive hires
Jardine Lloyd Thompson has appointed Mike Reynolds as finance director and James Twining as group commercial director.
BGL recruits new Fusion contact centre manager
BGL Group's Fusion Contact Centre Services business has appointed Jane Alexander as contact centre manager.
Industry role for Canopius claims boss
Mike East, head of operations and claims at Canopius Managing Agents, has been named as the new chairman of the Lloyd's Market Association's claims committee.
QBE's 'A+' IFS rating affirmed
Australian insurer QBE has had its 'A' long-term issuer default rating and 'A+' insurer financial strength rating affirmed by Fitch.
Willis opens super-yacht office in Barcelona
Willis Group Holdings is opening a new super-yacht insurance broking office at the prestigious MB92 shipyard in Barcelona.
Markel appoints PI underwriter from Brit
Markel International has appointed Les Telford as a senior underwriter for UK and international professional indemnity in the firm's professional liability division.
Willis opens Spanish super-yacht broker
Willis Group Holdings has outlined plans to open a super-yacht insurance broking office in Barcelona.
CILA and Bournemouth University launch loss adjusting qualification
The Chartered Institute of Loss Adjusters and Bournemouth University have teamed up to launch a Master's loss adjusting degree in professional development.