News
Ambant launches MGA support firm
Ambant, the Lloyd’s of London and international insurance market services company has launched MGA service provider Ambant Underwriting Services.
China and Asean countries agree to $1trn of trade investment by 2020
China and the Association of South-East Asian Nations (Asean) agreed at this week's Asean conference to upgrade two-way trade to $1trn by 2020.
Huge powerful typhoon heading towards India
A potentially destructive storm called Phailin is heading towards India this weekend.
Cannock making his mark at Markel
Less than 12 months after joining Markel from the Lloyd's market, Matthew Cannock was promoted to managing director, Asia.
Hong Kong Federation of Insurers revamps website
The Hong Kong Federation of Insurers has upgraded its website with increased functionality and enhanced consumer, broker and member sections.
Transport ministers told to consider graduated driver licensing
The Department for Transport has been advised to consider the introduction of graduated driver licensing for young drivers by the Transport Research Laboratory.
Research shows growth in telematics product offerings
The number of car insurance products featuring telematics has increased from two to 14 in the past two years research from Defaqto has found.
ABI unveils rehab insurer panel
The Association of British Insurers has revealed the make up of a new rehabilitation panel to provide a unified voice for insurers.
Zurich shakes up commercial broker team
Zurich has made some changes to its commercial broker leadership team following the retirement of two of its members.
Adventurous over-50s covered by Avanti
Avanti Insurance has increased its coverage to take into account the latest holiday adventure sports being taken up by 50 to 90 year olds.
Video: Michael Tripp
Former Ecclesiastical chief executive Michael Tripp has joined accountancy firm Mazars as a general insurance partner.
Mutual chief calls for Treasury support for Share Bill and better PRA engagement
The Government has been urged to get behind the Mutual Redeemable Share Bill that was introduced by Lord Naseby in July.
Consumer Insurance Act has no effect on the industry
The Consumer Insurance Act has failed to drive change in the insurance industry, Mike Cranning, director of Create Solutions has claimed.
McLarens' Smart targeting emerging European markets
Loss adjuster McLarens is eyeing opportunities in growing European economies, following the promotion of Graham Smart to the newly-created role of European managing director.
Former Mapfre travel claims boss Smith heads for Avanti
Avanti Insurance has appointed Mapfre’s former head of travel claims Julie Smith to the role of business development director.
RFIB opens office in South Africa
RFIB Group has opened a representative office in Durban, South Africa.
Compulsory licences for security firms present opportunity for insurers
New rules mandating licenses for private security firm could create opportunities for insurers, according to Dave Humphries director of partnerships and interventions at the Security Industry Authority.
Government to chair Hong Kong regulatory working group
The Financial Services and Treasury Bureau in Hong Kong is to chair a cross-industry working group to help with the establishment of the Independent Insurance Authority.
Saga eyes Q1 listing
The private equity owners of travel and insurance specialist Saga are said to be planning a £3bn stock exchange listing early next year.
IAIS plans global capital standard by 2016
Plans to develop a global risk-based capital standard for insurers by 2016 were unveiled by the International Association of Insurance Supervisors yesterday.
IAIS targets global risk-based capital standard by 2016
The International Association of Insurance Supervisors plans to develop a risk based global insurance capital standard by 2016.
Raffard appointed at MetLife as head of regional strategy
Serge Raffard has left McKinsey in Asia to become regional head of strategy and business development for MetLife's Asian operation.
FP Marine cites costs of claims and poor returns for rising premiums
A director at broker FP Marine Risks based in Hong Kong agrees with Lloyd's broker Tysers that P&I clubs will likely raise shipowners' premiums at a rate on average of 7.5% this year, similar to last year.
IT provider Northdoor contracts with proposed syndicate
IT provider Northdoor has contracted to provide its underwriting system Ndexinsure to proposed Lloyd’s syndicate 1729 Dale Underwriting Partners.