News
Quote Me Happy extends aggregator distribution
Quote Me Happy is extending its distribution across two more price comparison sites following its exclusive launch on Go Compare earlier this year.
S&P warns of mass insurer downgrade
Allianz, Aviva and Axa are among 15 insurers placed on negative watch by Standard and Poors.
QBE names European markets head
QBE has appointed Judy Holt as head of business development, European markets with immediate effect.
Stable outlook for Indonesian non-life market
The outlook for Indonesia's non-life market is stable, driven by benign domestic economic conditions, sustainable demand for insurance policies, and enhanced regulatory capital requirements, according to recent report.
Swiss Re chief announces early retirement
Swiss Re’s chief executive officer Stefan Lippe is to step down in 2012, bringing his tenure as the head of the reinsurer to a premature end.
QBE gives Judy Holt Europe-wide role
Business insurer QBE has promoted UK head of broker development Judy Holt to be head of business development for European markets, based in London and Brussels.
Groupama on negative watch
Groupama and its subsidiaries have been placed on negative watch over the possible weakening of its financial profile.
Hiscox London Market achieves chartered status
Hiscox London Market business has been awarded Corporate Chartered Insurer status by the Chartered Insurance Institute.
Liberty Syndicates recruits Peter Sprent
Liberty Syndicates Management has recruited political risk and trade credit underwriter, Peter Sprent, from Ace, to lead its Global Financial Risks team.
Swiss Re’s Stefan Lippe to retire early
Swiss Re's chief executive Stefan Lippe is to retire early next year, sparking a race to find a successor who Swiss Re insists will “be appointed soon”.
BAIS names three for expansion
Motor insurance claims handler Broker Assistance Insurance Services has appointed a new broker relationship team as part of its expansion plans.
Bermuda market ‘difficult but promising’
The Bermuda insurance and reinsurance market has weathered pressure on its capital base and faces a promising renewal season AM Best has said.
Equistone (Barclays) sells First Assist
Mid-market private equity firm Equistone Partners Europe - previously Barclays Private Equity - has sold after-the-event insurance provider First Assist Legal Expenses for approximately £28m to Burford Capital.
12 December: Unhappy camper
Having worked hard all year, Mr Policyholder was looking forward to his annual camping holiday.
Central snaps up Edinburgh brokers in £2.3m deal
Central Insurance has announced its second acquisition of the year following the takeover of Edinburgh-based Castle Cairn Insurance Brokers in a deal worth £2.3m.
11 December: Snap-happy sea-lion
Lost or stolen cameras are probably one of the more common travel insurance claims. But the nature of this one was slightly more imaginative than the usual.
10 December: Ram raid
The peace and tranquillity enjoyed by Mr Policyholder on his Scottish holiday was brought to an abrupt end by an anti-social sheep.
Axa announce five year Avantia deal
Axa Personal Lines has secured five year deal with intermediary Avantia to underwrite non-standard household insurance.
Carole Nash welcomes new head of compliance and risk
Motorbike insurance broker Carole Nash has hired Lisa Canning as the head of compliance and risks.
MCE appoints IT boss
MCE Insurance has hired Richard Impett as IT manager at its Northamptonshire-based headquarters.
Fitch keeps ING Verzekeringen on negative watch
Fitch Ratings is keeping ING Verzekeringen NV and its subsidiaries on rating watch negative.
ASR operating entities 'A-' rating affirmed
Fitch has affirmed the ‘A-’ insurer financial strength rating and ‘BBB+’ long-term issuer default rating of Dutch insurers ASR Levensverzekering NV and ASR Schadeverzekering NV
Scottish storm: GAB Robins receives building damage claims
Following gales of up to 165mph recorded yesterday, GAB Robins has received a large number of storm-related claims from weather beaten Scotland, Cumbria, Lancashire and Cornwall.
Emerging markets poll
Will emerging markets continue to grow?