News
R&Q boss confident for the future despite 'challenging' 2014
Randall & Quilter chairman and CEO Ken Randall is expecting a “much improved” 2015 after bemoaning a “challenging year” in which financial performance was hampered by lower than anticipated investment income and a disappointing trading performance in the…
New Zealand's Wanganui hit by worst flood on record
After torrential rain North Island has seen some dramatic weekend flooding which has caused huge damage and hundreds of insurance claims.
Wilkinson becomes Markel's Singapore claims director
Chay Wilkinson is leaving loss adjuster Triton where he is regional director, Asia-Pacific to become Markel's Singapore claims director.
O'Sullivan joins Axis in Australia
Industry veteran Denis O'Sullivan has joined Axis Specialty Australia as senior property underwriter.
Video: ABI Huw Evans
Association of British Insurers director general Huw Evans tells Post senior reporter Katie Marriner what general insurance issue is top of his agenda.
JLT Re looks to Asia-Pacific division for global COO hire
JLT Re has appointed its Asia-Pacific region chief operating officer Craig Brokenshire as global COO.
Brokers urged to up SME business travel offering
Brokers are being encouraged to consider business travel insurance as part of their SME proposition after Ageas research found 18% of SME firms that travel for business do not have such cover in place.
Aon Benfield publishes Lloyd's Update report
Aon Benfield has launched the latest issue of its Lloyd's Update report, which assesses the financial performance of the Lloyd's market in 2014.
Helvetia completes sale of Belgian travel portfolio
Helvetia has completed the sale of the travel insurance portfolio of its Belgian subsidiary L'Européenne to Mapfre Asistencia.
Hijacked oil tanker is rescued by Malaysia's navy
The Orkim Harmony is now safe in the hands of the Malaysian navy, after it was taken over by pirates on 11 June.
Motor insurance sector data collection practices scrutinised by CMA
The Competition and Markets Authority has highlighted widespread concerns about the use of consumer data and a "fragile level of trust" over future methods of data collection in a report focusing on three sectors, including motor insurance.
LV pays tribute to Katy Hawker following her sudden passing
LV managing director John O’Roarke has paid tribute to the insurer’s former director of business change, Katy Hawker, following her sudden death at the age of 47.
Wallis reappointed Claims Portal chairman
Tim Wallis has been reappointed chairman of Claims Portal Limited following a review of the role.
Nexus targets European acquisition after further BP Marsh cash injection
Niche venture capital provider BP Marsh & Partners has increased its investment in independent specialty managing general agency Nexus Underwriting Management in order to support its acquisition plans.
Fidelis picks Sequel as software provider
New market entrant Fidelis has chosen software company Sequel to provide it with a range of underwriting, claims and risk exposure solutions.
Biba research finds SMEs not outsourcing insurance tasks to brokers
Research carried out for the British Insurance Brokers' Association has revealed that a significant number of leaders of small and medium-sized enterprises perform a lot of tasks outside their job descriptions, instead of outsourcing these to insurance…
Bird steps down from Besso board amid executive restructure
Colin Bird is to step down as chairman of Besso Limited as the business has announced the appointments of Rob Dowman and Russ Nichols as joint CEOs.
Airmic 2015: Five things we learned from the Airmic panel debate
Often seen as nothing more than an opportunity for broker and insurer finger pointing, this year’s Airmic panel debate benefited from the presence of a risk manager in the form of BP insurance manager Lesley Harding.
Collier to join Berkshire Hathaway as head of claims Asia-Pacific
Tim Collier, former regional claims manager at Catlin Singapore, is joining Berkshire Hathaway Specialty Insurance later this year.
Home insurance market to be close to underwriting loss by 2016
Insurers are in danger of presiding over an underwriting loss in the home insurance market for the first time since 2007 if underlying profitability continues to be hampered by falling premiums.
Planned changes to salvage code categorisation criticised by BVSF
The British Vehicle Salvage Federation has criticised proposals to rework the salvage code of practice, describing plans to create a three category rule for written-off cars as “one of the worst failings” in the revised code.
Ropner hires Steve Jones as divisional director
Global Risk Partners- backed marine broker Ropner Insurance Services has recruited a senior team to support its growth in the marine trades and yachts segment.
South Korea offers tourists free Mers insurance
To help keep attracting tourists in the middle of an outbreak of Middle East respiratory syndrome, the South Korean government is offering free insurance.
Charles Taylor to replace Robson with Creasy as chairman
Former Kiln Group chairman Edward Creasy will replace Charles Taylor chair Rupert Robson following the release of the company’s half year results on 28 August.