News
RGA says Q1 net income halved
Reinsurance Group of America, the US life reinsurer, said that its first quarter net income more than halved compared to this time last year, after higher-than-expected level of mortality claims.
Munich Re in Carbon Re partnership
Munich Re said it will partner with greenhouse gas solutions company Carbon Re Switzerland in a move that will provide additional direct insurance capacity to the carbon markets.
China's top two domestic insurers see double-digit Q1 premium growth
BESTWIRE----China's top two domestic insurers reported double-digit premium gains in the first quarter.
Broker Network launches associate programme for brokers
Broker Network today launched BN Associate, which it has described as the alternative network proposition for UK independent brokers.
PB Week: All change at Axa
Blimey. Senior management changes are like buses at Axa. There are none for ages and then two come along at once. First, Peter Hubbard suddenly announces he is leaving Axa to “pursue other interests”, then Mark Cliff, markets managing director, declares…
Insurance premiums stall, AA Index finds
Premium hikes widely predicted for both car and home insurance because of increasing costs and the aftermath of last year’s flooding are not being realised, according to the latest benchmark AA British Insurance Premium Index.
New PPI policy for debt advisers
A new payment protection insurance policy for debt management advisers has been launched by Paymentcare.co.uk.
Partner Re joins Brazil rush
Bermudian reinsurer Partner Re has announced that it has established a representative office in Sao Paulo, and has applied for a license to become an admitted reinsurer in Brazil.
Allianz to further focus on broker and client relationships
Allianz has launched a dedicated team of key account and broker development managers to strengthen relationships with key clients in the UK.
Paymentshield roll out PPI policy
Paymentshield has launched a PPI policy, deisgned for creditors who are reluctant to accept brokers’ applications for debt management plans in the current economic climate.
Brazil regulator expects 13 reinsurers in the short term - reports
The head of Brazilian insurance regulator SUSEP, Armando Vergilio, has said that in a short period he expects Brazil to have a total of 10 additional licensed reinsurers as well as the incumbent former monopolist, IRB-Brasil Re (the IRB), operating in…
New motor accident management service launches
Heath Lambert has partnered with AI Claims Solutions to create an integrated motor accident management service for fleet managers.
Insurer BHSF appoints new board members
Birmingham-based health insurer BHSF has appointed two new non-executive board members.
Open GI joins forces with new aggregator
Open GI has entered an agreement with insurance portal Quotes 2 Me to allow its brokers to make price comparisons online.
Axiom makes board promotion
Danny Maleary has been promoted to the board of Axiom Consulting, the (re) insurance business support firm.
Christie Insurance makes six appointments
Christie Insurance has strengthened its specialist team with the appointment of six new recruits.
Annual insured breakdown cover for truck industry
Truck Assist has launched an Annual Insured Breakdown Scheme for the UK and Europe.
Lloyd's claims Brazilian market first
Lloyd’s said it has received approval from the Superintendence of Private Insurance (SUSEP) to become the first admitted reinsurer in Brazil.
ABI corporate affairs head to quit
The Association of British Insurer's director of corporate affairs for the last seven years, Alan Leaman, will leave the association later this summer. He will become chief executive of the Management Consultancies Association.
Takaful course gets CII nod
The Chartered Insurance Institute has accredited the Bahrain Institute of Banking and Finance's rece...
Team G's tough three
Groupama staff in Portsmouth are preparing for a day of outdoor pursuits to raise money for a local ...
City takes action with aid 'match' database
The City of London Corporation has launched a 'matchmaking' online database to help City firms and s...
Second award win for Esure call centre
Esure Manchester call centre agent Sarah Pogson has won the Integra Insight contact centre agent of ...
Munich Re warns of less good Q1 2008 vs 2007
BESTWIRE — Munich Re, the German reinsurance giant, predicted its profit for the first quarter of 2008 will not be as good as the figures it saw over the same period of 2007 thanks to exposure to a number of major cat losses.