News
Argo swoops for ex-Guy Carpenter capital markets MD
Argo has appointed Mark Gibson to the new role of director of alternative risk capital.
Insurers sitting on €200bn which could fill funding gap
Life insurers could fill the funding gap where banks are failing by aggregating their market value by 50%, which would increase it by €200bn, according to a report by management consultancy firm Oliver Wyman.
CII awards industry veterans for commitment to insurance
The Chartered Insurance Institute has honoured Dr Peter Williams and Graham Doswell with the President's Award for dedication, commitment and professionalism.
Hastings Direct signs £10m document deal with Banner
Hastings Direct has awarded a £10m document management deal to Banner Managed Communication following a tender process.
Towergate bolsters finance team with double hire
Towergate has revealed two finance function appointments this morning in the form of Tim Grant and John Kennedy.
Losses from Typhoon Guchol expected to be under $500m
Insured losses from Typhoon Guchol are estimated to be less than $500m, according to catastrophe modelling firm Eqecat.
Mutual insurer Standard Club exposes Russian weapons consignment
The Standard Club has helped to uncover a ship reportedly carrying refurbished attack helicopters from Russia to Syria.
ICMIF supports new 'sustainable insurance' initiative
A global initiative to encourage sustainable insurance practices, overseen by the United Nations Environment Programme, was launched in Rio de Janeiro on Tuesday with the International Cooperative and Mutual Insurance Federation confirmed as a founding…
Coleman appoints former Ecclesiastical head to director role
Coleman Insurance Brokers has appointed Ian Wainwright as divisional director in Exeter following the Coleman Group's acquisition of Foster Leighton & Company in May.
Acord hires ex-Lloyd's boss for reinsurance role
The Association for Cooperative Operations Research and Development has appointed Trevor Maddison as London projects director for global reinsurance and large commercial.
Zurich places €500m senior notes
Zurich has successfully placed €500m 10-year senior notes, maturing in 2022, to investors in the euro market.
Market moves: New faces in the insurer space
The main movers and shakers this week were insurers, with a number of firms bringing in new faces, including HDI Gerling recruiting a new director, Axa Assistance naming a new deputy chief executive and Dual adding a manager for its new office in Austria.
Law report: Records contradict doctor's evidence in brain damage case
Law reports contributed by national law firm Berrymans Lace Mawer.
Law report: Professional negligence claim over solicitor advice on 'pre-pack' receivership sale rejected
Law reports contributed by national law firm Berrymans Lace Mawer.
Law report: Chief constable liable for injury
Law reports contributed by national law firm Berrymans Lace Mawer.
Gallagher on the hunt for more big deals after transformational Heath buy
Arthur J Gallagher chief executive Pat Gallagher has confirmed his intention to follow up the company's acquisition of Heath Lambert with further transformational deals of similar magnitude.
IRM excluded from talks over potential chartered status for risk managers
The Institute of Risk Management has been left in the dark over plans to establish chartered status for risk managers, currently being discussed between the Chartered Insurance Institute and risk management body Airmic.
Kane Group opens new European offices
Global insurance manager Kane Group has expanded its operations with new offices in St Peter Port, Guernsey and Zeebug, Malta.
RSA legal action suspended as court rules in insurer's favour over motor costs
Zurich has confirmed that it has suspended legal action with RSA over the company's subrogated motor repair costs while it awaits the outcome of a possible appeal, after RSA won a High Court case against two other insurers.
Age charities warn insurance industry signposting will be scrutinised closely
The effectiveness of the industry's signposting service is expected to come under increased scrutiny from age-related charities, following the Home Office decision to exempt financial services from the incoming Equality Act.
Djanogly signals April 2013 for RTA portal extension
Jonathan Djanogly, pictured, has announced that public and employers cases will be included in the RTA Portal from April 2013, but the RTA Portal Company is still waiting for clarity on new protocols and when they are going to receive them.
Brightside boss Holman eyes up employee benefits offering
Newly appointed Brightside boss Martyn Holman, pictured, has announced plans to start reviewing the business in the next two weeks and potentially enter new lines including employee benefits.
Delisting ambitious Brightside is easier to do as an outsider, says ex-CEO
Arron Banks, pictured, has said it would have been "troublesome" to delist the broker and subsequently fulfil ambitious growth plans while still working at the business.
RSA renews Clydesdale and Yorkshire banks partnership
RSA has announced the renewal of its partnership with Clydesdale and Yorkshire banks for a further five years.