News
Limited impact from European Floods sees Kiln raise name syndicate forecasts
Kiln has boosted its return on capital forecasts for Lloyd’s names-backed non-life syndicates following strong performance.
Catlin sees pre-tax profits tumble 37% after investment returns plummet
Catlin has seen its first half profits for 2013 scythed by more than one-third following a steep drop in its net investment income.
UK regulator warns on Axa clone
The Financial Conduct Authority has warned that a firm branding itself as Axa Isle of Man Limited has no ties with the French insurer.
XL Group appoints RSA's Jenkins as underwriting manager
XL Group has appointed Simon Jenkins as its underwriting manager for general property in the UK.
Ecclesiastical in top 10 UK charity donor list
Ecclesiastical has been named the eighth biggest donor to charity in the UK, ahead of other household names such as Marks and Spencer and Virgin Atlantic.
NCI Vehicle Rescue posts 287% increase in pre-tax profit
NCI Vehicle Rescue has posted a pre-tax profit of £974 486 for full year 2012- 2013, up 287% year on year.
Colmenares appointed chief of staff at Zurich's Latin American operations
David Colmenares, general insurance chief claims officer, Asia-Pacific at Zurich, will head up the insurer's Latin American operations as chief of staff from 20 August.
Insure The Box teams up with brokers for policy partnership
Telematics provider Insure The Box and its sister brand Drive Like a Girl have partnered with five brokers to sell their policies.
Kiln appoints Naganuma active underwriter for Syndicate 1880
Lloyd’s insurer Kiln has appointed Satoshi Naganuma as active underwriter of Tokio Marine Kiln Syndicate 1880.
Kiln appoints active underwriter for Syndicate 1880
Kiln has appointed Satoshi Naganuma as active underwriter of Tokio Marine Kiln Syndicate 1880.
Rias repositions with TV advertising campaign
Over 50s insurer Rias has launched a TV advertising campaign 'Where experience counts’ to reflect the modern face of the UK’s 23 million over 50s.
FCA warns on Axa clone
The Financial Conduct Authority has warned that a firm branding itself as Axa Isle of Man Limited has no ties with the French insurer.
UK marine mutuals in merger talks
The North of England P&I Association and Sunderland Marine Mutual Insurance have confirmed they are in talks over a possible merger.
Crawford hires Drew for EMEA role
Crawford & Company has recruited Simon Drew, the chief executive of injury claims mediator Inter Resolve, as its new business performance director for Europe, the Middle East, Africa and the Asia Pacific regions.
23 fishermen missing as powerful typhoon strikes the Philippines
23 fishermen have not yet returned home as Typhoon Utor hits the Philippines.
Six killed by Indonesian volcano eruption
Four adults and two children have died after a volcanic eruption on an Indonesian island.
Singapore upgrades growth forecasts
The Singapore economy grew 3.8% in the second quarter of 2013 compared to 0.2% in the first.
India confirms banks can become brokers
The India Regulatory Development Authority has confirmed banks can become brokers and sell the products of several general and life insurers.
Double promotion for Ace’s Continental casualty team
Ace Group has made two promotions in its Continental Europe casualty insurance business.
Keychoice and LV Broker form home partnership
Keychoice has formed a strategic partnership with LV Broker to provide it with access to over 800 independent brokers.
Quebec train disaster claims force railway operator into bankrupty
Montreal, Maine & Atlantic Railway, the operator of the runaway oil train that exploded and killed 47 people in a Quebec town, has filed for bankruptcy in Canada and the US because of potential liability from the crash.
LMA to join government maritime security committee
The Lloyd’s Market Association has been invited to join a new government committee monitoring security at UK ports and harbours.
Catlin sees pre-tax profits tumble 37% after investment returns plummet
Catlin has seen its H1 profits scythed by more than a third following a steep drop in its net investment income.
Aviva's CEO commits to Asia
Aviva's CEO Mark Wilson has said the business is "making progress in Asia with a more focused approach concentrating on China and South East Asia."