News
Lloyd’s AA rating upgrade far from certain as CEO speculation continues
Catlin COO Paul Jardine emerges as popular choice to succeed Richard Ward.
Money Supermarket slams rivals’ use of wide ‘most favoured nation’ clauses
Comparison site tells Competition Commission wide MFNs are ‘anti-competitive’.
Insurers rubbish accusation of Claims Portal bias against non-English names
Defendant solicitor says 60% of claims from ethnic names get flagged as fraud.
Quindell picks up 22.5% Nationwide Accident stake
Quindell has inked a deal for a 22.5% stake in Nationwide Accident Repair Services, the UK’s largest dedicated provider of accident repair.
Hill Dickinson Fraud Unit gains access to Met Police data set
The Metropolitan Police Service Amberhill is going to provide Hill Dickinson Fraud Unit with false identity data secured from illegal “identity and counterfeiting factories”.
Market Moves: Lockton among the major movers as new hires are made across the sector
Recruitment activity was spread across all sectors of the insurance industry this week. Busy among brokers was Lockton, with two appointments coming in the form of a new business development executive and an incoming senior yacht consultant. Loss…
Zurich to merge Middle East and Africa regional office with Europe
From 1 January 2014, Zurich's general insurance Middle East and Africa office based in Dubai will be merged with Zurich's Europe office in Dublin.
Landslides and floods kill 19 in the Philippines
Heavy monsoon rains in the Philippines have left at least 19 people dead, most of them children, according to state media.
Flooding reaches 23 Thai provinces
As a result of a heavier than usual monsoon season, 23 Thai floods are now experiencing flooding affecting 1.5m people.
Esure changes "unfair" policy terms at FCA's behest
Esure has agreed to change two of the terms and conditions in its home and motor insurance policies, following intervention from the Financial Conduct Authority.
Robin Spencer replaced at Aviva by Canadian CEO Tulloch
Aviva has replaced UK and Ireland general insurance chief executive Robin Spencer with the CEO of its Canadian business Maurice Tulloch.
Oxford swoops for RFIB team
Oxford Insurance Brokers has hired Dominic Hagger, Duncan Hopegood, Adrian Mortley, Mark Stanbury and Eloise Sanderson in a bid to drive growth in North America.
Asbestos victims must not be quick to dismiss Mesothelioma scheme
Asbestos victims must not make swift judgements unfairly condemning the mesothelioma scheme, Derek Adamson, partner, insurance head of occupational health and casualty at DWF said.
Allianz issues warning to businesses ahead of firefighters' strike
Businesses across the UK have been issued with risk management advice relating to fire safety precautions by Allianz, ahead of the first national firefighters' strike in more than a decade.
Premex Group reshuffles management team
Bolton-based Premex Group has announced a number of changes to its senior management structure.
Bereavement damages are a ‘postcode lottery’ say lawyers
Bereaved people in Scotland are treated more fairly than those in England and Wales when claiming damages for the loss of a family member, according to research by the Association of Personal Injury Lawyers.
AGCS increases board's focus on market activities
Allianz Global Corporate & Specialty has given its management new responsibilities, effective from 1 January 2014, which will increase the board’s focus on the delivery of client and broker services through its international office network.
The 2013 Underwriting Service Awards shortlist revealed
Allianz and Zurich lead the way on the shortlist for the Underwriting Service Awards 2013 with eight and seven nods respectively.
Barbican launches new Insurance Academy
Barbican Insurance Group today launched a talent and development initiative designed to enable current employees and future talent to further develop their insurance knowledge, acquire new skills and build a long term career within the industry.
Research reveals culture shift in Lloyd’s
A study of 108 senior IT decision makers from London, European and global reinsurers and commercial and specialty insurers has pointed towards a changing internal culture among Lloyd’s insurers and further afield.
Swiss Re warns of major disaster threats to East Asia
Eight urban areas in East Asia are most at risk from natural disasters when taking data from across the world according to Swiss Re.
Asia-Pacific insurance sector sees post-2011 recovery
An 'Evolving Criteria' report by Aon Benfield shows the Asia-Pacific insurance community has recovered from a series of devastating natural disasters in 2011.
Link celebrates one year anniversary
Link, the LGBT Insurance Network, has celebrated the one year anniversary of its steering committee with an event hosted by Catlin.
Ace appoints client relationship manager for Continental Europe
Ace Group has appointed Brigitte Hazard as client relationship manager in its continental Europe claims team.