News
UIB appoints international operational director
United Insurance Brokers has appointed an international operational director in a bid to improve coordination across the group’s global offices.
10% fall short of capital requirements under Solvency II stress test
One tenth of European insurers would fail Solvency II minimum capital requirements under the adverse stress scenario, according to the European Insurance and Occupational Pensions Authority.
Lloyd's appoints new controller of agencies
Lloyd's of London has appointed Mark Patterson as the new controller of agencies.
SLS names new managing director
Crawford & Company UK has appointed John Buckle managing director of Crawford company, SLS.
Ex-Zurich France boss joins XL board
XL Group has appointed Paolo Ribotta as head of global distribution.
Munich Re and Marsh team up for geothermal energy risk
Project developer Exorka, insurance broker Marsh and Munich Re have jointly developed an insurance concept covering the exploration risk of a geothermal energy project in Taufkirchen, near Munich.
Brett & Randall gains CII plaudit
Brett & Randall has been awarded chartered insurance broker status.
Moody's: Insurers to follow Axa lead on referral fees
Axa UK’s announcement that it will no longer accept referral fees from personal injury lawyers is likely to put pressure on the insurer’s general insurance rivals to follow suit.
Zurich names head of strategy
Zurich Financial Services Group has appointed Luca Marighetti to the position of group head of strategy.
New regulatory frameworks to aid captive insurance in Qatar
Plans to support the development of Qatar as a regional hub for captive insurance have been bolstered following the release of new regulatory frameworks applying to captive insurance, captive managers and insurance intermediaries.
Ex-Zurich France boss joins XL board
XL Group has appointed Paolo Ribotta as head of global distribution.
Munich Re and Marsh team up for geothermal energy risk
Project developer Exorka, insurance broker Marsh and Munich Re have jointly developed an insurance concept covering the exploration risk of a geothermal energy project in Taufkirchen, near Munich.
Gallagher Heath brand launched
Heath Lambert is to begin trading as Gallagher Heath with immediate effect following its acquisition by Arthur J Gallagher & Co.
Travelers appoints underwriting duo
Travelers has recruited two chief underwriting officers within its UK business.
Reich Insurance makes North West acquisition
Manchester broker Reich Insurance has completed the acquisition of Bolton-based D Barnett Insurance Brokers.
Dual names new Manchester boss
Dual Corporate Risks has promoted Martin Joyce to manage the national business unit in Manchester.
Swiss Re warns of growing subsidence risk
Swiss Re has warned that climate change could “magnify” an already significant increase in property damage as a result of soil subsidence.
Swiss Re warns of growing subsidence risk
Swiss Re has warned that climate change could “magnify” an already significant increase in property damage as a result of soil subsidence.
MYI forms joint venture in India
McLarens Young International has opened a full service loss adjusting network in India.
UK General strikes capacity deal with Catlin
UK General has signed a capacity deal with leading Catlin.
Reinsurers face hefty costs after ‘exceptional’ run of nat-cats
Reinsurers and insurers are facing hefty costs following an ‘exceptional’ run of natural catastrophes over the past 16 months, a Willis Re report has found.
CFC names claims manager
CFC Underwriting has appointed Tim Danbury claims manager at the MGA.
Chaucer takeover completed
Chaucer has confirmed its takeover by US-based The Hanover Insurance Group has been completed.
SMEs set to benefit from Coface policy by leading economic revival
SMEs will be given the opportunity to protect themselves against bad debt after Coface announced plans to enhance its Premier Trader credit insurance policy.