News
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.
Management merry-go-round at Catlin Canada
The Catlin Group has appointed David Huebel as chief executive of the firm's Canadian operation, replacing Mike Hansen who will continue as the aerospace product group's global leader.
Market firming continued in Q2, says new Marsh index
The global insurance market continued to firm in the second quarter of 2012 continuing a trend that began in the third quarter of 2011, according to the Marsh Risk Management Global Insurance Index released today.
CNA hires Chartis underwriting boss
CNA has appointed Justin Godman, pictured, as casualty underwriting manager.
Vienna Insurance adds Polish life insurer to CEE portfolio
Vienna Insurance Group AG has acquired a 92% share in Polish life insurance company Towarzystwo Ubezpieczeń na Życie.
Mapfre faces more rating downgrades
Mapfre Global Risks and Mapfre Asistencia have been downgraded as a result of the weakening creditworthiness of the Spanish government, according to Moody's.
O'Neill to remain in Marketform top role
Specialist Lloyd's insurer Marketform Managing Agency has confirmed that interim chief executive John O'Neill, pictured, has taken up the position on a permanent basis.
Market moves: Brokers lead the recruitment charge
Another action-packed week in terms of recruitment saw the vast majority of movers and shakers switch roles in the broking market.
Travelers makes redundancies in Surrey as work is transferred to regional offices
Travelers has confirmed it is making redundancies in its Surrey headquarters as part of a restructure that aims to push greater underwriting authority out to its UK regional network and closer to its broking partners.
Airmic backs disclosure proposal
The Law Commission's proposal to water down commercial policyholders’ duty of disclosure has won the backing of John Hurrell, chief executive of risk management body Airmic, who believes that potential law changes will lead to a shift in the underwriting…
Groupama UK criticised for bid to distance itself from French parent
Groupama's UK operation has been accused of "ignoring its financial history" by attempting to distance itself from the group’s Standard & Poor's BBB- downgrade.
Go Compare founder rules out Esure deal
Go Compare founder Hayley Parsons has dismissed claims that Esure boss Peter Wood will acquire the business, stating the company is very much her "baby" and will not be taken over.
Zurich appeal dismissal opens door for insurers in fight against fraud
Zurich's claims fraud and investigations manager Scott Clayton, pictured, has vowed to "take the positives" from this morning's failed Supreme Court appeal by reinforcing the message that future fraudsters will face prison sentences.
"Disappointment" for insurers in Fairclough v Summers case
The UK's Supreme Court handed down judgment today in a seven-year battle over an exaggerated insurance claim.
Liberty Mutual joint venture to start writing Indian business
Liberty Mutual Insurance joint venture, Liberty Videocon General Insurance Company Ltd, has been granted regulatory approval to begin operating in India.
New Eiopa guidelines aim to harmonise supervisory practices
The European Insurance and Occupational Pensions Authority published a set of guidelines today aiming to establish consistent, efficient and effective supervisory practices, and ensure the uniform and consistent application of EU law.