News
Kiln names former KPMG UK boss as non-exec
Kiln has recruited KPMG’s former UK chief executive to take a seat on its board, leading the insurer’s audit risk and compliance committee.
Co-op Bank recruits ex HSBC banker for chief exec role
The Co-Operative Group has recruited HSBC’s former North American chief executive to revive the fortunes of its banking operation, while the Co-op's group's CEO has conceded "there is much work to be done".
Philippines wins disaster recovery award
The Philippines has won an award from the Arabian Travel Market for successfully bouncing back from the devastation of typhoon Bopha (or Pablo) in December 2012.
Indian reinsurer eyes Lloyd's
India's national reinsurer General Insurance Corporation wants to buy a Lloyd's syndicate to significantly expand its presence globally.
China Taiping in 10bn yuan restructure
In order to raise more capital, China's fifth largest insurer China Taiping Insurance Holdings has bought assets from its parent.
Coronavirus claims 18 lives in Saudi Arabia
The coranavirus, which is similar to Severe Acute Respiratory Syndrome, has caused the deaths of 18 people in Saudi Arabia.
Uninsured drivers in Ireland increase premiums by €40
Motor group the AA has found in a survey that 7% of drivers are hit by uninsured drivers in the Republic of Ireland.
Insurers urge Queensland to reconsider stamp duty rise
The Insurance Council of Australia wants Queensland's government to reconsider its 1.5% stamp duty increase on insurance products.
Ace to open office in Myanmar
Insurer Ace is planning top open a representative office in Myanmar by the end of the year.
Hong Kong government eyes more control over health insurance
The Hong Kong government wants to increase coverage and regulation in the sector.
Private Indian insurers can operate overseas
The Insurance Regulatory Development Authority in India is opening up the door from Indian insurers to have overseas operations.
Airlines to face claims after fire causes delays at Heathrow
Airlines operating out of Heathrow could face substantial claims if current delays affect tomorrow’s flights.
Triple merger takes its toll on Covea's 2012 pre-tax profit
Covea Insurance saw its pre-tax profit plummet by almost 50% last year, as merger activity took its toll on the firm’s full year results.
RSA acquires Aon’s Irish PL business
RSA has struck a deal to purchase AonInsure.ie, a personal lines price comparison site operated in Ireland by broking giant Aon.
RSA acquires Aon's Irish personal lines business
RSA Insurance Ireland has acquired Aon's Irish personal lines business.
City law firm EC3 Legal establishes real estate practice
EC3 Legal has launched a new real estate practice to support brokers, Lloyd’s agencies, managing general agents and other support providers in the insurance sector.
Allianz completes $175m windstorm and earthquake bond
Allianz has secured $175m of protection against named storms in the US, Mexico and Carribean, as well as North American earthquakes, ahead of the 2013 Atlantic hurricane season.
Barbican's PI arm appoints underwriting manager
Professional Indemnity Protect part of Barbican Group Holdings, has appointed Denise Mercer as underwriting manager.
Six Asian insurance regulators unite to help low-income families
Six Asian regulators have agreed to work together to promote insurance for low-income families in their respective countries.
Cunningham Lindsey hands Jupp major loss role
Loss adjuster Cunningham Lindsey has promoted its London and Southeast regional boss to a new role as its head of major loss.
PI Protect appoints Underwriting Manager
Barbican Group Holdings-owned Professional Indemnity Protect has appointed Denise Mercer as underwriting manager.
Sky subscribers warned against bogus insurance salesman
Residents in Cheshire are being warned not to be duped by a con-man who has been attempting to sell insurance for Sky television set-top boxes.
Asian highlights of the week
A round-up of the best articles featuring Asia on Insurance Insight this week.
Irwin Mitchell to pick up PI books from struggling law firms
Irwin Mitchell is preparing to acquire the personal injury books of law firms exiting the market as a result of the recent legal reforms, Post’s sister publication Legal Week reported.