News
Assurant makes senior European appointments
Assurant Solutions today announces the appointments of Graham Luckett as senior compliance officer for Europe and Robert Moorehead-Lane as European chief risk officer.
Premium rates set for Thai cat fund
The Thai government has settled on premium rates for the state-initiated disaster fund.
Markel acquires fine art and collectables business
Markel International has acquired the portfolio of business of Quay Underwriting, a managing agent based in Dorset, UK.
Kiln launches into specialist property with appointment in Paris
Kiln has appointed a new underwriter in Paris to focus on a broad range of property facultative reinsurance risks across Europe.
Beazley's 623 reports 21% 2009 return
Beazley's managing agency Beazley Furlonge said its Names syndicate 623 returned 21% on capacity for 2009, but that 2010 would be nil return and 2011 just 2.5% because of catastrophes.
Aggregators dominate Google insurance search rankings
Money Supermarket and Compare the Market are coming out on top in Google search rankings for general insurance, according to online marketing solutions provider Gravytrain.
Markel buys Quay to launch into fine art
Markel International is to launch a fine art and collectibles niche range after buying Dorset managing agent Quay Underwriting's portfolio of business.
Academic calls for flood planners, developers and architects to be liable
A new academic paper has called for planners, developers and architects to be made "legally liable when they get it wrong and people are flooded" as a way of preventing further flood plain development.
Direct Line impedes Helphire access to Autofocus evidence
Direct Line has attempted to stop credit hire firm Helphire from accessing Autofocus evidence.
Amlin chairman retires after £194m loss
Amlin has posted a pre-tax loss of £193.8m (2010: profit of £259.2m) and announced that Roger Taylor is to retire as chairman following the 2012 AGM. Richard Davey will succeed him.
Insurance2go launches spectacles insurance policy
Online insurance brand insurance2go has created an independent glasses insurance policy through its sister website insureyourglasses.
Quindell appoints Shaw to board
Quindell has appointed Ian Shaw to the strategy and integration advisory board.
Brics are not quick wins, says Lee
The emerging markets of Europe, the Middle East and Asia present "substantial opportunities", but insurers must be prepared to make a long-term commitment, according to RSA's chief executive officer.
Hiscox shuffles US management
Hiscox is to bring current US CEO Richard Watson, pictured, back to London to be deputy chief underwriting officer for the group and has promoted Ben Walter in his place.
Investment in UK infrastructure threatened by Solvency II
Association of British Insurers director-general Otto Thoresen has said that new EU solvency rules must not deter long-term growth and investment in the economy.
London Market OKs electronic endorsements
The London Market Group has announced that the electronic endorsements initiative will extend to all classes of business from 5 March 2012.
Equifax links credit scores with claims risk
Credit information provider Equifax says it has spotted a strong link between claims behaviour and a customer's credit and identity profile.
Chinese 'big offensive' poll
Will insurers launch a big offensive on China now?
Lloyd's international director quits for CEO role overseas
Jose Ribeiro, director of international markets at Lloyd's, will be leaving in May to take a new chief executive role overseas.
Arc Legal to revamp IT with new role
Arc Legal Assistance has appointed Kevin Benton as technical services manager to boost technology developments across the business.
Birmingham 'entertainer' turns fraudster in personal injury claim
A Birmingham man has had his personal injury claim thrown out and was ordered to pay costs of over £24 000 after he attempted to defraud Esure.
Insurance Europe calls for parity between IORPs and insurers
Insurance Europe, the European insurance and reinsurance federation, has spoken out in support of the European Commission's aim to promote a more harmonious approach to the challenges faced by pension systems in EU member states.
Willis appoints Rainbow MD for Willis Re Europe
Willis Re, the reinsurance arm of global broker Willis Group, has appointed David Rainbow to lead the company's European reinsurance business as managing director for Willis Re Europe.
Zurich operating profit down 12%, but net income up 10%
Zurich Financial Services Group reported net income after tax of $3.8bn for the full year 2011, up 10% from $3.8bn in the prior year period.