News
Alarm on the hunt for new chief executive
Council risk management group Alarm has announced that chief executive Dr Lynn Drennan, pictured, has decided to take early retirement with effect from 31 July 2012, after six years with the company.
Groupama ties up deal with motor broker Adrian Flux
Groupama has announced a deal today under which the group will underwrite a new non-standard motor insurance scheme for specialised motor broker Adrian Flux.
Catalana Occidente bids for Groupama Spain
Insurer Grupo Catalana Occidente SA has made a non-binding bid for the Spanish arm of French insurer Groupama SA.
Liberty Europe appoints Whelan as senior underwriter
Liberty International Underwriters Europe has appointed Brenda Whelan as senior underwriter – crisis management.
Indian government considering mis-selling role for ombudsman
The Indian government is considering expanding the remit of the insurance ombudsmen scheme to cover mis-selling of insurance products.
Chinese VP calls for growth in health and liability insurance
Chinese Vice Premier Wang Qishan has called for reform and innovation in the Chinese insurance industry to help development.
Prudential considers Thai bank's insurance book
British insurer Prudential is considering bidding for the insurance business of Thailand's Thanachart Bank, according to Reuters.
Liberty recruits Whelan to crisis team
Liberty International Underwriters Europe has appointed Brenda Whelan, pictured, as senior underwriter for crisis management.
Lorega boss 'welcomes' market competition ahead of DAS launch
Lorega chairman Malcolm Harvey has welcomed the decision by DAS to launch a rival market offering, stating that "imitation is the sincerest form of flattery".
Cardinus names Speke to grow business
Cardinus Risk Management has appointed Tracey Speke, pictured, as a business development manager.
Charterfields makes corporate valuation double appointment
Charterfields has expanded its corporate valuation team with the appointment of Paul McCann and Mike Havis, who join the international asset consultant from Edward Symmons.
Direct Line Group set to complete £500m planned subordinated debt issuance
Direct Line Insurance Group has announced it expects to complete a £500m issue of fixed/floating rate guaranteed subordinated notes due in 2042, and intends to seek a listing of the securities on the London Stock Exchange.
India's general insurance market posts 23% premium growth
India's general insurance market achieved premium income growth of 23% for the full year 2011.
Free webinar: The property and casualty market in south east Asia
Post and Insurance Insight in conjunction with the Chartered Insurance Institute recently held a free webinar on the property and casualty insurance markets in south east Asia.
Biba demands action on whiplash claims
The British Insurance Brokers Association has called on the government to commit to a timescale and announce details of its work to reduce the number and cost of fraudulent whiplash claims.
Groupama promotes Lomas in household
Groupama has promoted Andy Lomas, pictured, to head of household after Craig Allen announced he is to leave next month.
Philippine Prudential reports hike in microinsurance payouts
Philippine Prudential Insurance company paid more than P22m (€391,000) worth of claims in 2011, a significant increase on 2010 when payouts totalled P2.49m.
McManus "excited" as he starts his first day at Giles
New Giles CEO Brendan McManus told Post that organic growth will be the main focus under his leadership.
Free webinar: The property and casualty market in south east Asia
Post and Insurance Insight in conjunction with the Chartered Insurance Institute recently held a free webinar on the property and casualty insurance markets in south east Asia.
Property rate poll result
How long will property rates continue to rise?
Axa Commercial promotes Osborne to Leeds boss
Axa Commercial Lines has appointed Karen Osborne to manage its Leeds branch.
Ace promotes four as Pryce joins QBE
Ace executive vice president for financial lines overseas David Robinson has replaced Richard Pryce as UK and Ireland regional president for the retail insurance operations.
LV recruits Townsend for east Midlands
LV Broker has appointed James Townsend as a regional sales executive responsible for the east Midlands.
Direct Line and Helphire to resume fight over Autofocus evidence
Direct Line and Helphire are due back in court in June a month after the insurer objected to the credit hirer accessing information on Autofocus.