News
Solvency II white paper addresses importance of operating efficiency
A white paper addressing the importance of operating efficiency in the build up to the revised regulatory requirements of Solvency II, has been published by DST Global Solutions.
JLT launches European Real Estate Group
Real estate experts from the JLT Specialty in London will team up with network partners throughout Europe following the formation of a new European Real Estate Practice Group.
Mitsui appoints P&C head
Mitsui Sumitomo at Lloyd’s has appointed Graeme Rayner as head of underwriting, property and casualty, as part of a plan to expand ni the UK and Irish markets.
Aspen names head of distribution
Aspen Insurance has appointed Jonny Atkinson as manager, distribution and business development in the UK.
Chaucer outlines delisting timetable after scheme sanctioned
Following an application by Chaucer to the UK Listing Authority, it is expected that trading of Chaucer Shares on the main market of the London Stock Exchange will be suspended from 4:30pm on 30 June 2011.
Wemmer to leave by the end of the year, says Zurich
Zurich has announced that Dieter Wemmer, its chief financial officer and regional chairman of Europe, is to leave the group by the end of the year to pursue new opportunities outside of the insurer.
Wemmer to leave by the end of the year, says Zurich
Zurich has announced that Dieter Wemmer, its chief financial officer and regional chairman of Europe, is to leave the group by the end of the year to pursue new opportunities outside of the insurer.
Kwik-Fit appoints head of compliance and risk
The former director for the Bank of Ireland and Clydesdale Bank Ricky McCracken has been appointed to new head of compliance and risk for Kwik-Fit Financial Services.
Professional indemnity Q&A in association with Zurich
With the solicitors' professional indemnity renewal date approaching, Jenny Screech, legal professions manager at Zurich, discusses the current PI climate with John Malpas, the editor-in-chief of Post's sister title Legal Week.
Axa bans referral fees
Axa said that it will no longer accept referral fees from personal injury lawyers and has called for whiplash injury reform to eliminate fraud within the industry.
Another Aviva exec departs as Marsh is hit with new lawsuit
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ICO to investigate Jack Straw’s claims
A spokesman for the Information Commissioner’s office has confirmed that it is launching an investigation into claims from Mr Straw that motor insurers who sell clients' details to personal injury lawyers are breaking the law.
Financial services firms to see surge in PE investment, report says
According to new research from accountancy firm Grant Thornton, more than two thirds of private equity houses are set to invest in financial services firm in the next twelve months.
Financial services firms to see surge in PE investment, report says
According to new research from accountancy firm Grant Thornton, more than two thirds of private equity houses are set to invest in financial services firm in the next twelve months.
Helphire issues profit warning after revealing £29m accounting error
Credit hire firm Helphire has issued a profits warning after revealing a financial overstatement of £29m relating to credit hire and repair.
Mapfre wins Avanti deal
Mapfre Assistance has been awarded a contract to provide travel insurance and assistance services to Avanti Travel Insurance.
Young drivers face 50% rise in motor premiums
Young drivers face increases of at least 50% in the cost of their motor insurance over the next couple of years, according to Mazars.
US tornadoes cost Hiscox £35m
Hiscox has estimated net claims arising from the April and May tornadoes in the US to be approximately £35m based on insured market losses of $15bn-$25bn.
JLT targets Latin American growth with Chilean deal
JLT is to expand its Latin American business with the acquisition of Chilean broker Orbital Corredores de Seguros.
Mapfre wins Avanti deal
Mapfre Assistance has been awarded a contract to provide travel insurance and assistance services to Avanti Travel Insurance.
Lockton announces Memphis expansion
Bosses at Lockton are planning a recruitment drive after deciding to open a Memphis-based risk management and employee benefits operation.
Three new board members for Ferma
Three new members have been elected to serve on the Federation of European Risk Management Associations (Ferma) board.
Towergate hires new group risk officer
Towergate Insurance has confirmed the appointment of Lisa Siggery as group risk officer, subject to FSA approval.
Insurance brokers predict annual increase in policy sales
Increases in a variety of insurance policies - including motor insurance and home contents insurance - are expected over the coming year as consumers look to "safeguard their incomes".