News
Ocean warming brings new wave of insurance hazards
Ocean warming and climate change is threatening the insurability of catastrophe risk, the Geneva Association has warned.
Barbican acquires marine broker
Barbican has acquired UK-based marine insurance broker Seacurus.
Hiscox targets technology companies with new offering
Hiscox has launched a new technology portfolio aimed at companies such as software design and distribution, web design, training, hosting, data network management and hardware assembly.
JLT Asia boss joins Miller
The chief executive of JLT Specialty Asia is joining Miller as its new head of Asia with effect from 1 September.
R&Q and MPPA reach agreement
Randall & Quilter has reached an agreement with MPPA Insurance to receive by way of novation all contracts underwritten by MPPA.
Poor coastal communities most vulnerable to climate change, says World Bank
A major climate report commissioned by the World Bank says poor communities living in coastal cities in Asia and Africa are among the most vulnerable to climate change.
Philippines expands government healthcare
Philippines President Benigno Aquino has signed a new healthcare law giving wider access to coverage.
Pakistani Taliban claims responsibility for killing nine tourists
Nine tourists and their Pakistani guide have been killed in a hotel shooting in a Himalayan region of Pakistan.
Over 6 000 missing in India's floods, feared dead
Landslides and monsoon flooding in the mountains of North India have caused devastation, with over 6 500 now thought to have been killed.
LGBT insurance network to participate in London’s Pride
LGBT insurance network Link will join the London’s Pride March on Saturday 29 June, which will mark the end of London’s Pride Week.
Miller poaches Asia head from JLT Specialty
Miller has appointed Simon Weaver as head of Asia with effect from 1 September.
Primary insurance growth to outstrip reinsurance says Munich Re
The global insurance market will grow strongly over the next decade, according to Munich Re’s Insurance Market Outlook published this week.
Aspen Re strengthens business development team
Bermuda-based Aspen Reinsurance has appointed Tom Luning as head of US regional business development.
Google under fire from EU data watchdogs
Google’s treatment of user data has come under fire from data protection watchdogs in France and Spain.
Flood deal appears close as Letwin headlines ABI conference
The Association of British Insurers has offered the biggest hint yet that an agreement on implementing its ‘Flood Re’ proposal is imminent, having confirmed that Oliver Letwin MP will deliver a keynote speech at its upcoming conference.
Rehabilitation First Awards - the final countdown!
Entry deadline: Friday 28th June
RSA recruits wholesale banking boss for non-exec role
RSA has recruited Standard Chartered’s wholesale banking chief operating officer to its board, with effect from 1 September.
Pro Sight partnership success prompts Yutree to exit Cobra Network
Yutree Underwriting has left the Cobra Network having signalled its intention to become a “truly independent” intermediary.
Court summons for speeding on the rise
The number of drivers summoned to court after being caught speeding increased by 10% in 2012, the equivalent of 1 000 drivers a week.
CII reviewing corporate chartered standards
Chartered titles held by firms could be under threat after the Chartered Insurance Institute announced plans to review eligibility criteria.
Aviva to close Manchester motor claims unit
Aviva is getting rid of 200 jobs in its Manchester based motor injury claims department, according to local press reports.
Singapore's air pollution index at record high
The smog from forest fires in Indonesia is still engulfing Singapore leading to the city's air pollution index to reach a record high.
Insurance communications Bill passed in Australia
The Insurance Contracts Amendment Bill 2013 has passed through the Australia Senate. According to the Insurance Council of Australia, the Bill will help give insurers more certainty when communicating with customers electronically.
Hong Kong Confederation of Insurance Brokers celebrates 20 years
Last night the Hong Kong Confederation of Insurance Brokers celebrated 20 years as an organisation at a cocktail reception at the Shangri-La hotel in Hong Kong.