News
Now Health acquires Best Doctors to increase global footprint
Now Health International's private equity investor the Primary Group has acquired Bermuda-based Best Doctors Insurance.
Insurers and claimant solicitors partner on fraud initiative
Insurers have teamed up with claimant solicitors to offer a service aimed at preventing fraudulent claims entering the compensation process.
Product innovation required as global firms face uninsurable risks
Industry experts have highlighted product innovation as a means of addressing the findings of an Aon study that showed six of the top 10 risks impacting global businesses are uninsurable.
Moody's puts Willis' debt rating on negative watch following Gras Savoye deal
Moody's Investors Service has revised the outlook on the BAA3 senior unsecured debt rating of Willis Group and its subsidiaries to negative from stable.
Collinson acquires Specialty Assist
Collinson Group has acquired corporate assistance specialist Specialty Assist, subject to regulatory approval.
Trade union to protest at Ageas HQ over call centre closure
The Communication Workers' Union will hold a protest at Ageas' Bournemouth headquarters this afternoon (27 April) over plans to close a call centre in Belfast.
GI firms join call for Tories to 'finish what they have started'
Insurance industry bosses are listed among more than 5000 SME signatories backing the Conservative party ahead of next week’s general election.
RSA investor angered over Hester pay package
RSA investor Cevian Capital has indicated it may vote against CEO Stephen Hester's remuneration package, according to reports.
Industry bodies welcome sentencing of cash for crash scheme fraudsters
The Motor Insurers' Bureau and the Insurance Fraud Bureau have welcomed the sentencing of insurance fraudsters for staging elaborate ‘crash for cash' insurance scams totalling over £1m.
BGL founder Steyn ahead of Engelhardt and Wood in rich list
BGL founder Douw Steyn is the richest individual in the world of insurance after accumulating a fortune of £700m, according to the 2015 Sunday Times rich list.
Colahan opens Berkshire's commercial Australian operations
Berkshire Hathaway Specialty is aiming to shake up the large corporate space in Australia after being granted a license to write business.
Brit appoints South America expert from Swiss Re
Guillermo Eslava has left Swiss Re to become vice president, casualty reinsurance for Latin America and the Caribbean at Brit.
Regulatory 'interference' seen as key risk as Jefferies issues downgrades
The decline in investment yields and erosion of future earnings potential has led to the unravelling of the re-rating of the insurance sector, according to the global investment banking firm Jefferies.
Sydney hit by heavy hailstorm
A major hailstorm on Saturday (25 April) has damaged commercial property in Sydney causing some business disruption.
Death toll climbs after Nepal earthquake
At least 3218 people have died and 6500 people have been injured after a 7.8 magnitude shallow earthquake struck in Nepal over the weekend.
Zurich's Sharma has called on the industry to ‘be bold' but take a longer term view on pricing
Vibhu Sharma, CEO, UK general insurance for Zurich, has called on the UK insurance industry to be bold to match the world of commerce - but to also take a long-term view on pricing for retail, in his first comments since joining the UK market.
Broker survey finds confidence rising
The Sterling Insurance Group’s Annual Broker Survey has revealed continuing confidence among brokers for business prospects in 2015 and beyond.
Homer to join Cullum at Global Risk Partners
Former Towergate chief executive Andy Homer is to join forces with Towergate founder Peter Cullum at London market consolidator Global Risk Partners.
Quiz of the week - 24 April
Test your knowledge of the goings on in insurance this week with Post's just for fun quiz.
LV unveils new premier pet insurance policy
LV has launched a new premier pet insurance policy that will provide policyholders with cover of up to £10,000 for vet fees.
Compare Asia Group raises $40m for investment
Financial comparison site Compare Asia Group is set to expand after it raised $40m (£26.6m).
New South Wales storm claims rise to 24,250
There have been 24,250 insurance claims so far after this week's powerful storm in New South Wales.
Tripping claim fraudster given custodial sentence
A woman who attempted to claim £26,000 for alleged injuries sustained from a pothole trip was handed an 18 week custodial sentence and 240 hours of community service at the Blackpool Magistrates Court this month.
Apil president calls for compulsory PL cover
Association of Personal Injury Lawyers president Jonathan Wheeler has set his sights on securing compulsory public liability insurance in the UK in a bid to “drive up safety standards among public-facing businesses”.