News
Beazley expands contingency team
Beazley’s contingency team has recruited two new staff members in order to expand its service offering in the UK and Australia.
Dutch insurance giant to sell reinsurance business
Aegon has admitted it may sell its reinsurance arm as it looks to focus on core activities: life insurance, pension and asset management.
Aviva chair joins Cable's business advisory group
The members of the Business Advisory Group established last month have been confirmed. The group will act as an informal advisory board to the Secretary of State, Business, Innovation and Skills, Vince Cable.
Mexican body joins international trading agreement
The International Association of Insurance Supervisors has admitted Comision Nacional de Seguros y Fianzas, Mexico to the list of signatories of the IAIS Multilateral Memorandum of Understanding.
Willis opens new Eastern European base
Willis has received official approval from local authorities to open a representative office in Kazakhstan.
Xchanging in Italian swoop
Xchanging has signed a letter of intent with SIA-SSB, the European specialist in financial and payment systems services, to form an Enterprise Partnership.
Claims group raises extra capital with share placing
Resources in Insurance Group, the provider of claims management and consultancy solutions to the UK insurance sector, has raised £190 000 with the placing of 44 444 444 new ordinary shares of 0.1 pence each.
Dutch insurance giant to sell reinsurance business
Aegon has admitted it may sell its reinsurance arm as it looks to focus on core activities: life insurance, pension and asset management.
Mexican body joins international trading agreement
The International Association of Insurance Supervisors has admitted Comision Nacional de Seguros y Fianzas, Mexico to the list of signatories of the IAIS Multilateral Memorandum of Understanding.
Willis opens new Eastern European base
Willis has received official approval from local authorities to open a representative office in Kazakhstan.
Xchanging in Italian swoop
Xchanging has signed a letter of intent with SIA-SSB, the European specialist in financial and payment systems services, to form an Enterprise Partnership.
PI law changes offer opportunities for brokers claims expert
New laws making professional indemnity insurance obligatory for a wide range of professions, are leading to increased distribution opportunities for brokers.
DAS makes two senior appointments
DAS Legal Expenses Insurance has named Phil Bellamy as its new group underwriting manger and Andy Westall as group sales manager.
PI law changes offer opportunities for brokers claims expert
New laws making professional indemnity insurance obligatory for a wide range of professions, are leading to increased distribution opportunities for brokers.
DAS makes two senior appointments
DAS Legal Expenses Insurance has named Phil Bellamy as its new group underwriting manger and Andy Westall as group sales manager.
Fitch more positive on German public sector insurers
German public sector insurers have seen a significant improvement in their financial position after having been adversely affected by the global financial crisis in 2008.
Fitch more positive on German public sector insurers
German public sector insurers have seen a significant improvement in their financial position after having been adversely affected by the global financial crisis in 2008.
Reduced US collateral requirements to benefit reinsurers – Moody’s
While most counterparty security procedures are getting stricter, global reinsurers are poised to benefit from reduced collateral requirements, which will be credit positive for their bondholders, according to the ratings agency.
Deregulation of health and safety legislation is going to be "challenging"
This is according to Garwyn, who has responded to Lord Young's announcement that he will be conducting a review of health and safety legislation to crack down on the compensation culture in the UK.
First hurricane of 2010 season forms
Hurricane Celia, the first hurricane of the 2010 Pacific season, formed in the eastern Pacific Ocean near Mexico on Sunday but headed away from land, the US National Hurricane Center said.
Argo poaches Roberts from Aon Benfield
Argo International has appointed Craig Roberts as class underwriter of its international treaty team following the departure of James Braddock.
Moorhouse signs first start-up
Welsh broker Moorhouse is soon to launch its first business under Moorhouse Enterprise, set up to support the next generation of broker start-ups.
CFC names first ever product manager
Underwriting agency CFC has appointed Nigel Gent to the newly created role of products manager.
Liberty expands French operation
Liberty International Underwriters in Europe has established an underwriting presence in France for trade credit and political risk business with the appointment of Alexandre Egnell as assistant vice president, trade credit and political risk.