News
China’s insurance industry needs reform, says regulator
China’s insurance industry would benefit from reforms which could see the rate of growth increase, the head of the China Regulatory Commission has said.
Analysts warn Direct Line is playing "catch up" on costs base despite 2000 job cuts
Liverpool, London and Croydon offices due to close in expanded cuts programme.
Hong Kong insurers criticised over fee calculation
Household insurers in Hong Kong have been accused of inflating premiums by using a discredited measure already banned in the new-homes market, the Legislative Council's housing panel has heard.
Swinton launches £60m business plan revamp after FCA intervention
Swinton is investing £60m in modernising its multi-channel operation after falling foul of a regulatory inquiry into some of its sales practices.
Expertise-in-Action: Q&A with Richard Smith
In recent years the insurance industry has made a concerted effort to improve its record on professionalism.
Indian employers' insurance inadequate, claims ICICI survey
One in every four employers in India believe that the existing sum insured taken for their employees is inadequate, according to an online survey by ICICI Lombard General Insurance.
Crawford unveils specialty markets offering
Loss adjusting giant Crawford has pulled back the curtains on new specialty markets services for the London and international adjusting markets.
Markel hands Richardson European retail claims role
Markel International has promoted Mike Richardson to the role of European retail claims manager.
Coface to insure companies exporting to Croatia
Credit insurer Coface will start insuring companies exporting to Croatia following the country’s accession to the European Union.
CIRC approves agricultural insurance
The China Insurance Regulatory Commission has granted insurance companies more access to agricultural insurance, according to reports by Beijing Business Today.
Coates returns to Australia after stepping down as Dual CEO
Damien Coates is to step down as chief executive of Hyperion Insurance’s underwriting arm Dual, after agreeing to swap roles with the firm’s deputy CEO Shane Doyle.
Coface launches credit insurance in Croatia
Coface has started offering credit insurance services in Croatia following the country’s accession to the European Union.
Cunningham Lindsey releases iPhone broker app
Cunningham Lindsey has released an iPhone app designed to help brokers find the right loss adjuster contact.
David Constable appointed to Kiln’s board
David Constable is to join RJ Kiln & Co’s board as a non-executive director.
SME customers focus of FCA review
A Financial Conduct Authority review of broker conflicts of interest will focus on SME and micro-business customers, it was announced today.
Munich Re transfers Australian cyclone risk to capital markets
Munich Re transfers US hurricane and Australian cyclone risks to the capital markets
Markel's UK retail head to lead European retail claims
Markel International has promoted Mike Richardson to the position of European retail claims manager.
Prosight appoints ex-QBE director to board
Prosight Specialty Underwriters has appointed Mel Goddard as non-executive director with immediate effect.
Towergate recruits from Covéa for Countrywide segment boss
Broker Network and Countrywide has recruited Covéa’s Keith Svendsen for a newly created position as Countrywide segment manager.
Catlin cutting up to 25 regional roles
Lloyd’s insurer Catlin is to cut between 10 and 25 roles as it looks to redevelop the way it does business in the UK regional market.
FCA to investigate broker conflicts of interest
The Financial Conduct Authority is launching a thematic review into broker conflicts of interest.
Ace shuffles Continental Europe leadership
Ace has restructured the leadership of its continental Europe operations, naming France country president Jeff Moghrabi chief operating officer for the region.
Towers Watson appoints Frederik Koencke to head crisis management for EMEA
Frederik Koencke has been appointed as the first Towers Watson crisis management group managing director for the Europe, Middle East and Africa region.
Firemen demand “urgent review” on Chinese lanterns
The Chief Fire Officers’ Association has called for a review on the use of Chinese lanterns after the devices were blamed for a blaze at a West Midlands waste recycling site.