News
Munich Re CEO warns over risk pricing after years of low losses
The long-term trend towards ever higher natural catastrophe costs continues, according to Munich Re, which has warned of complacency over risk pricing.
Equity Red Star launches over 50s accident policy
Equity Red Star has unveiled a new personal accident policy aimed at the over 50s.
Axa CEO Maso vows to take his time with Middle replacement
Axa CEO Philippe Maso has said the insurance group will not be rushed into replacing Ant Middle, the managing director of commercial lines for its UK general insurance business.
Axa commercial broking boss Middle departs for rival Aviva
Aviva has raided rival Axa Insurance to recruit its commercial broking boss Ant Middle as its new stategic partnerships director.
Marsh sells risk consultancy Kroll to Altegrity
International screening and security solutions business Altegrity is to acquire risk consulting firm Kroll from US giant Marsh & McLennan in an all-cash transaction valued at $1.13bn.
Questgates names new liability staff
Specialist loss adjuster Questgates has appointed three new staff to its liability team.
LV strikes deal wiith ISO
The Insurance Services Office, provider of personal injury claims, evaluation solutions and services, has announced that LV has signed a major new contract to use its Claims Outcome Advisor (COA) product suite.
Argo raids CNA for claims boss
Argo International has appointed Ruth Roberts head of claims. Ms Roberts joins Argo International from CNA Europe, where she was director of claims for four years.
Plum announces raft of changes
Plum Underwriting has announced a raft of changes to the business as part of 'aggressive' growth plans, first announced in March.
Ace appoints new aviation boss
Ace Global Markets has named Malcolm Brett as its new product line head of aviation following John Green’s decision to step down from the role.
FSA damaging UK insurance market by dragging heels over authorisation, claims RPC
The length of time that financial services firms are having to wait to get authorisation from the Financial Services Authority continues to climb according to law firm Reynolds Porter Chamberlain (RPC).
Lloyd's estimates World Cup insurance coverage at £6.2bn
The football World Cup will be insured to the tune of an estimated £6.2bn when it kicks off on Friday, according to Lloyd’s.
RFIB appoints divisional director
RFIB has appointed Toby Heppel to the role of divisional director in the political, credit and financial risks team.
Zurich in Asia-Pacific swoop
Zurich has signed an agreement to acquire 80% of PT Mayapada Life, a Indonesian life insurer focused on the distribution of group and individual life and health plans.
Moorhouse eyes £5m GWP broker acquisition
Welsh broker Moorhouse has outlined a plan to complement its organic growth with the acquisition of an insurance broker up to £5m gross written premium.
Jubilee syndicate underwriter to step down
Jubilee life syndicate 779 active underwriter Brian Jackson has resigned from the company.
Lloyd's estimates World Cup insurance coverage at £6.2bn
The football World Cup will be insured to the tune of an estimated £6.2bn when it kicks off on Friday, according to Lloyd’s.
Zurich in Asia-Pacific swoop
Zurich has signed an agreement to acquire 80% of PT Mayapada Life, a Indonesian life insurer focused on the distribution of group and individual life and health plans.
German giant linked with Quinn bid
German insurance giant Talanx has become the latest name linked with a bid for Quinn Insurance.
German giant linked with Quinn bid
German insurance giant Talanx has become the latest name linked with a bid for Quinn Insurance.
Zurich shakes-up executive team
Zurich UK general insurance has named new marketing, claims and finance chiefs as part of a revamp of its executive team.
NIG launches new professionals product
Insurer NIG has unveiled a new professionals product as part of a revamp of its network broker package products.
Broker declares SME "next battleground" for direct insurers
RG Ford has become the first broker to sign up to Open GI’s new quote and buy solution for SME business two weeks after its launch at British Insurance Brokers' Association conference.
FSA consults on competence
The Financial Services Authority has today published proposals to strengthen its requirements on competence for individuals carrying out retail activities, while placing more emphasis on standards of ethical behaviour.