News
Aviva completes deal with Guidewire on commercial business
Aviva has selected Guidewire's PolicyCenter as its new underwriting and policy administration solution, and ClaimCenter for its core UK commercial business.
Indonesia's economic stability fuels non-life growth
Indonesia's solid economy is fuelling growth for a developing non-life insurance market, well supported by domestic consumption and investment which is offsetting a weaker international environment, according to ratings agency AM Best.
Olympic Countdown: Q&A with Richard Kruse
With less than four weeks to go to the games, Beazley-sponsored fencer Richard Kruse talks to Post about his Olympic ambitions.
Giles recruitment drive continues apace as northern MD is drafted in
Giles is back on the recruitment trail following the appointment of Paula Williams as regional managing director for the north of England, as chief executive Brendan McManus continues to reshape his management team.
July date set for £143m Hardy and CNA merger
CNA's acquisition of troubled Lloyd's insurer Hardy is expected to come into effect on 2 July.
Chartis brand to be dumped as AIG returns to P&C market in the autumn
AIG is to resume using the brand it dropped in favour for Chartis for its international property and casualty business.
Willis creates new marine division in Singapore
Broker Willis has extended its risk management consultancy operations in Asia with the formation of a marine technical services division in Singapore, and has recruited Sau Weng Tang to spearhead the expansion.
AA inundated with claims after freak hail incident
AA Insurance has received 29 claims for cars damaged by hail in and around Leicester today.
South Korea halts Iranian crude imports over sanctions
South Korea will stop importing Iranian oil from 1 July owing to the European Union's insurance ban on vessels carrying the product.
India's non-life players grew premiums 18.27% in May
The Indian non-life insurance sector achieved premium growth of 18.27% in May compared with the same period in 2011, according to figures released by Insurance Regulatory and Development Authority.
Indian government needs to tackle insurance slump, says PM
India's government needs to tackle a sluggish insurance sector, according to Prime Minister Manmohan Singh.
India falls four places in insurance rankings after drop in life business
India has fallen four places in the world insurance market in the past year owing to a sharp drop in life insurance business, according to The Times of India.
Capita boosts Gloucester office with 30 new jobs
Capita Insurance Services has created 30 new roles in its Gloucester underwriting services division.
I-Smart targets 'big market share' after launching insurance offering
Claims management firm I-Smart is eyeing a "significant insurance market share" after launching an initial range of products such as gadget, home and travel insurance.
Future looks bleak for motor insurance, says Ernst & Young
The motor insurance market is unlikely to make a profit in 2012 or in the foreseeable future, according to Ernst & Young.
Hogan Lovells recruits insurance partner
Hogan Lovells has appointed Helen Chapman as a partner in the firm's insurance and reinsurance group.
Kane opens for business in Malta
International insurance managemanr firm Kane has moved its operations to new premises in Zebbug, Malta.
AM Best affirms Mapfre Re ratings amid sovereign turmoil
AM Best Europe has affirmed the financial strength ratings of A (Excellent) and issuer credit rating of 'A' for Mapfre Re, following the recent market volatility surrounding Spain's economic conditions.
New £30m funding boost for RK Harrison
Independent insurance broker RK Harrison has secured a £30m refinancing deal with Clydesdale Bank and RBS.
Europ Assistance re-branded following MBO
The team behind the management buy-out of the UK, Ireland and international health solutions business of Europ Assistance has launched its new brand, Aria Assistance, following authorisation by the Financial Services Authority.
Torrential rain causes severe flooding in Northern Ireland
Properties in Northern Ireland have suffered up to £150 000 worth of damage after two inches of rain fell in less than two hours yesterday evening.
Helphire, DLG and RSA reach agreement on Autofocus evidence
The High Court has granted Helphire restricted access to information on rate surveyor Autofocus after initial objections from Direct Line Group and RSA.
Towergate recruits Aon boss for sales role
Towergate Insurance has appointed Lisa Bartlett as divisional sales director for retail broking.
Rate hardening slows in second quarter
The global insurance market hardened in Q2 2012 for the fourth consecutive quarter, albeit at a slow rate, according to Marsh.