News
WNS offers MOJ web solution
Motor claims management specialist WNS Assistance is offering insurers an integrated web service solution to the Ministry of Justice’s new electronically streamlined compensation system for low cost road traffic accident personal injury claims.
Lloyd’s partners with QuIC for Solvency II preparations
Specialist insurance market Lloyd’s has selected QuIC Financial Technologies to aid its preparations for Solvency II.
Lloyd’s partners with QuIC for Solvency II preparations
Specialist insurance market Lloyd’s has selected QuIC Financial Technologies to aid its preparations for Solvency II.
Questgates completes integration of new liability adjusting businesss
Questgates has completed the integration of the liability adjusting division acquired from Teceris Corporate and Complex Adjusting - part of Capita Group.
Westinsure set for further growth in 2010
Westinsure Group has reported transacting £300m GWP in 2009 and securing more than 35 new brokers to join the alliance, increasing its total member offices to over 200.
Glacier agrees space deal
Glacier Insurance is to support the Space In-Orbit Insurance Consortium led by Sciemus Space Insurance Services with immediate effect.
AIG to sell non-US life unit to MetLife
AIG’s board of directors approved the sale of the division to MetLife on March 5th, according to newswire Bloomberg.
AIG to sell non-US life unit to MetLife
AIG’s board of directors approved the sale of the division to MetLife on March 5th, according to newswire Bloomberg.
Chaucer profits back in black
Chaucer has reported profit before tax and foreign exchange on non-monetary items of £75.3m (2008 loss £59.5m).
Prudential may exit some Asian lines after AIA swoop
Prudential may quit some countries in Asia should it seal the buy of AIG’s AIA, sources told newswire Reuters on Friday, allowing the bulked-up insurer to focus on key markets.
AIG to sell remaining stake in Transatlantic
Troubled American insurance giant AIG is to sell its remaining stake in Transatlantic as part of its sell-off programme that saw the insurer announce the sale of its Asian unit AIA to Prudential this week.
Corporate tax cut in New York proposed by NYIE - Wrynn
The New York Insurance Exchange may seek lower federal corporate tax to enhance its appeal, according to the Insurance Superintendent
Mapfre agrees €446m bancassurance deal with Caixa Catalunya
Spanish insurer Mapfre has agreed to jointly develop a range of insurance and pension products with Caixa Catalunya in a deal worth €446.8m (£403.3m)
Mapfre agrees €446m bancassurance deal with Caixa Catalunya
Spanish insurer Mapfre has agreed to jointly develop a range of insurance and pension products with Caixa Catalunya in a deal worth €446.8m (£403.3m)
Chubb relaunches liability cover
Chubb Insurance has revamped its liability cover for businesses with the launch of Fore Front Plus that aims to better reflect the potential risks and liabilities faced by organisations.
Cooper Gay to make cuts in aerospace division
Cooper Gay is making redundancies in its aerospace division, Reinsurance has learned.
GAB Robins raids Merlin for casualty operations manager
Claims management company GAB Robins has appointed Merlin’s Mark Wookey as its first casualty operations manager.
Hastings opens first high street branch
Hastings Direct has taken its first step towards building a network of high street branches in the south east region, by opening its first branch in Bexhill-on Sea.
LV set to open Huddersfield office
LV has announced plans to open a new office in Huddersfield creating 75 jobs in the region.
French insurer finalises transaction after Barclays deal
After obtaining customary regulatory approvals, CNP Assurances had finalised the transaction with Rentipar Seguros SGPS for the sale of its stakes of 83.52% et 83.57% respectively in Global - Companhia de Seguros, S.A. and Global Vida - Companhia de…
French insurer finalises transaction after Barclays deal
After obtaining customary regulatory approvals, CNP Assurances had finalised the transaction with Rentipar Seguros SGPS for the sale of its stakes of 83.52% et 83.57% respectively in Global - Companhia de Seguros, S.A. and Global Vida - Companhia de…
Slower ascent for airline insurance in 2010
Aon's airline insurance market outlook 2010 report shows that the average lead hull and liability premium in the airline insurance market rose by 20% during 2009, taking total lead hull and liability to US$1.9 billion.
Aviva nominates CFO for new board position
Patrick Regan joins fellow candidates Fieke van der Lecq, Professor of Pension Markets and Peter Hartman, president and CEO of KLM Royal Dutch Airlines.
Aviva nominates CFO for new board position
Patrick Regan joins fellow candidates Fieke van der Lecq, Professor of Pension Markets and Peter Hartman, president and CEO of KLM Royal Dutch Airlines.