News
Biba agrees access to ECGD for member brokers
The British Insurance Brokers’ Association has formed an agreement with the government’s Export Credits Guarantee Department to provide general insurance brokers with access to the ECGD export insurance scheme for their clients.
Markel granted China approval
Property and casualty insurance firm Markel has received permission to establish a representative office in Beijing.
Energy insurance prices stagnate as capacity reaches all-time high
Energy insurance prices have stagnated following the massive Tohoku earthquake in March, according to a new report by Willis Group.
Biba agrees access to ECGD for member brokers
The British Insurance Brokers’ Association has formed an agreement with the government’s Export Credits Guarantee Department to provide general insurance brokers with access to the ECGD export insurance scheme for their clients.
RIIG announces “marked improvement” in turnover
Claims management firm Resources in Insurance Group has announced that it will see an improvement in turnover and group profit for the first quarter 2011.
Japan tsunami warning lifted
A tsunami warning issues in Japan yesterday after a 7.4 magnitude earthquake struck off the coast of the country was lifted after 90 minutes.
Chartis to hand fraud file to police
Chartis has issued instructions for a file to be handed to police relating to a £200 000 motor insurance fraud case.
Tsunami fears after latest Japan quake
A tsunami warning has been issued for north-eastern Japan after an earthquake with a magnitude of 7.4 struck off the east coast of Honshu, according to reports.
RBSI to merge underwriting functions
Royal Bank of Scotland Insurance is to merge the underwriting functions of its general insurance brands in preparation for Solvency II.
RBSI to merge underwriting functions
Royal Bank of Scotland Insurance is to merge the underwriting functions of its general insurance brands in preparation for Solvency II.
Covea confirms Provident purchase
MMA parent company Covea has confirmed its purchase of Ally Financial-owned motor insurer Provident Insurance.
Peter Wood reveals Go Compare desire
Esure founder and chairman Peter Wood has revealed a desire to up his stake and complete an acquisition of aggregator Go Compare, before launching an initial public offering.
Brit Insurance delists
Lloyd’s insurer Brit has delisted its shares as it prepares to for its acquisition by Achilles.
Provident sale to be finalised today: sources
Sources close to the sale of motor insurer Provident to MMA parent Covea have confirmed the deal is expected to go through today.
Ageas completes retail management line up
Ageas has named Nick Lemans as finance director as part of a raft of new hires in its retail division.
Covea confirms Provident purchase
MMA parent company Covea has confirmed its purchase of Ally Financial-owned motor insurer Provident Insurance.
Generali chairman resigns
Chairman of Assicurazioni Generali Cesare Geronzi has resigned from his post today owing to differences that prevent his involvement in Generali.
Generali chairman resigns
Chairman of Assicurazioni Generali Cesare Geronzi has resigned from his post today owing to differences that prevent his involvement in Generali.
Willis opens Aberdeen office
Broking giant Willis has opened a new office in Aberdeen.
Aon Benfield launches earthquake model for Cyprus
Aon Benfield has launched an earthquake model for Cyprus, as insurers seek to increase their understanding of seismic risk in the region.
GAB agrees Dutch partnership
GAB Robins has announced a strategic partnership with Dutch adjuster Context.
Biba teams up with All Clear Insurance
The British Insurance Brokers’ Association has appointed All Clear Insurance as the provider of its new non standard medical travel scheme.
Ace to provide liability cover for government pension scheme
Ace and its partner The Occupational Pensions Defence Union (OPDU) have been selected to provide and administer pension trustee liability cover to the National Employment Savings Trust (NEST) Pension Corporation.
Novae releases initial Q1 major loss estimate
Novae estimates that the cost of the Japanese earthquake and tsunami to be between US$25 million and US$40 million, based on an insured market loss of US$20 and US$30 billion.