News
Catlin's GWP increased 9.3% in first quarter
Gross written premiums at insurer Catlin climbed 9.3% in the first quarter of 2014 to $2.01bn compared to $1.84bn in Q1 2013.
FIFA extends World Cup injury insurance
FIFA has extended its insurance coverage for players on national team duty that are injured before its squad deadline date of 26 May.
Death toll at Turkish coal mine rises to 278
At least 278 people have been killed after an explosion at a coal mine in the Turkish town of Soma in the Western province of Manisa.
Ace launches mobile app for web trading platform
Ace has launched a mobile ipad app for its web-trading platform, Ace Online, which allows brokers to quote and bind new business on behalf of clients.
Broking M&A boom predicted as private equity appetite grows
Report reveals UK dominance of European insurance deals
Whiplash reform consultation criticised for being ‘vague’ and ‘watered down’
Fixed fees for medical reports among areas of concern for stakeholders
Nexus launches trade credit rebrand
Specialty managing general agent Nexus Group is to rebrand its trade credit offering as CIFS in a bid to simplify its offering.
Pioneer appoints two new non-execs
Pioneer Underwriters has appointed of Ian Clark and Eamon Brown as non-executive directors, with immediate effect.
Bexhill records 10% increase in lending
Premium finance provider Bexhill has reported a nearly 10% increase in lending on the same period last year.
BIBA Fever episode 2: A question of Manchester
With one day to go before the British Insurance Brokers’ Association Conference in Manchester, Post is proud to bring you the second episode of Biba Fever 2014 sponsored by LV.
Ten sees 20% GWP increase for Q1
Ten Insurance has reported Q1 gross written premiums of £6.4m - a 20% increase on the same period last year.
ERS to launch two motor products at Biba conference
ERS is launching two new motor solutions at the Biba 2014 conference in Manchester.
Brit chalks up marginal GWP growth in Q1
Growth of 8.2% within Brit’s direct business contributed to group-wide gross written premium of £336.5m in the opening three months of the year (Q1 2013: £332.6m).
ABI calls for small claims limit increase
The Association of British Insurers is urging government to increase the small claims limit from £1000 to £5000 to help ensure the fall in motor insurance premiums can be sustained.
Brit snaps up renewal rights to QBE's aviation business
Brit has reached an agreement to acquire the renewal rights to QBE’s London-based dedicated Lloyd’s aviation business.
Cunningham Lindsey names Richard Ward as chairman
Loss adjusting giant Cunningham Lindsey has recruited former Lloyd’s boss Richard Ward as its new chairman, while also picking up a new global chief executive.
Japanese insurers to offer mandatory motor cover in China
Tokio Marine, NKSJ Holdings and MS&AD Insurance have been approved to offer mandatory motor cover in China.
Hong Kong Independent Insurance Authority moves a step closer
The passage of the Insurance Companies (Amendment) Bill 2014 into Legco has brought an independent regulator a step closer in Hong Kong.
Marsh targets growth in Thailand
International broker Marsh wants to hire staff and grow business by 20% this year at its Thai joint venture Marsh PB.
Fraudulent fiancé who lied about 'stolen' ring avoids jail
A deceitful fiancé who tried to con his insurer out of £20 000 by claiming his wife-to-be’s engagement ring was stolen while on holiday in Brazil has been slapped with a fine and a suspended prison sentence.
Constructaquote.com rebrands to attract SME users
Comparison website constructaquote.com has rebranded its website to appeal to the SME market as a business insurance provider.
Winter storm claims total upwards of £2.1m for Cornish Mutual
Cornish Mutual has revealed the cost of claims following “unprecedented” storms earlier this year have topped £2.1m.
Garwyn and Davies liability launches following internal appointments
Davies Group has followed up its acquisition of specialist liability loss adjuster Garwyn by combining its existing offering to form Garwyn and Davies liability.