HSBC
Market moves: Bucking the trend for UK employment
With September in full swing, announcements of moves around the market are arriving thick and fast. After the dearth of recruitment news in August, disciplines across the industry spectrum appear busy luring expertise from competitors, promoting from…
Mooted HSBC GI sale a sign of the times
HSBC’s mooted plan to sell its general insurance arm is part of a growing trend of banks “retrenching”, according to an analyst.
HSBC refuses to comment on non-life insurance sale
HSBC Holdings has declined to comment on speculation that it could be selling its $1bn non-life insurance business.
Mooted HSBC GI sale a sign of the times
HSBC’s mooted plan to sell its general insurance arm is part of a growing trend of banks “retrenching”, according to an analyst.
Interview - A&A Group: A constantly evolving company
Starting as a two-man operation in a house in Twickenham, A&A Group has grown exponentially since its humble beginnings. Jonathan Swift talks to Tony Allen and Steve McPherson about keeping pace with changes in the market.
Interview - Ant Middle: Taking the Middle ground
Rejoining Aviva after spending 10 years at Axa was an attractive choice for Ant Middle, during a time of upheaval at both companies. He talks to Mairi MacDonald about the changes and challenges that lie ahead.
HSBC Insurance sold for £68.5m
HSBC Insurance Services Holdings has signed a £68.5m agreement for the sale and purchase of HSBC Insurance UK with Syndicate Holding Corp.
Interview - Rob Brown: The best job in the market
Despite being one to shun the limelight, Rob Brown, chief executive of Aon UK, has no qualms about answering his critics over the firm's carrier charge and contingent commissions, admitting he is pleased with progress to date. Daniel Dunkley reports.
Brown: Aon 'could buy anyone' to expand its regional footprint
Aon UK chief executive Rob Brown has claimed the broker is well positioned to make further acquisitions in the UK market and "could buy anyone" to expand its regional footprint.
Kane acquires HSBC Insurance Management
Kane, a provider of specialist risk and insurance management services, has completed its acquisition of the insurance management operations of HSBC. The deal has received approval from all relevant regulatory bodies.
Transatlantic to launch UK personal lines brand
Transatlantic Re is set to launch a new UK personal lines general insurance venture, as the US giant looks to capitalise on hardening premium rates in the motor market.
Former HSBC boss returns with new motor start-up
Martyn Capewell, the former chief executive of HSBC Insurance, is set to return with a new venture, in a further sign of a resurgence in the intermediated motor market.
Aviva to attack motor with online-only brand
Aviva is gearing up to challenge multi-brand motor insurance giants Royal Bank of Scotland Insurance and Admiral on the aggregators with the launch of a new internet-only brand.
HSBC extends Aviva partnership until 2016
HSBC has extended its general insurance partnership with Aviva. The insurer is one of HSBC’s preferred strategic partner in the UK and Europe.
BBA rules out PPI appeal as banks plan for payouts
The British Bankers' Association has abandoned plans to appeal a high court ruling, after four of the major banks have set aside money for to compensate mis-selling payment protection insurance.
Broking supplement - Private motor: The drive to succeed
Aggregators, question marks over referral fees and a squeeze on margins are all challenging those in the intermediated personal lines space. But, as Leigh Jackson reports, it is not all doom and gloom.
Interview - John O'Roarke: taking LV to the next stage
John O'Roarke has seen the highs and lows of a career in insurance. He talks to Daniel Dunkley about his journey to LV and his plans for the next stage in the firm's development.
Kane acquires HSBC business for $27.5m
Risk and insurance management services Kane has signed an agreement to acquire the insurance management operations of HSBC.
Ex-CEO of HSBC Insurance Brokers appointed chairman of Medicals Direct
Philip Gregory has been appointed chairman of medical services solutions provider Medicals Direct Group.
ECIC expands business development team
The Electrical Contractors’ Insurance Company has continued its recent expansion programme, with the appointment of Gary Fricker as business development executive.
Wainwright named as new CEO of HSBC's insurance arm
HSBC Bank has appointed Simon Wainwright as its new chief executive officer of insurance for the UK.
Amlin Bermuda enters casualty reinsurance market
Amlin is to start writing casualty reinsurance business at its office in Bermuda from 1 January 2011.
Electrical Contractors’ Insurance confirms new director
Electrical Contractors’ Insurance Holdings has appointed Alastair Torbet to the newly created role of group sales and marketing director.
Aussie giant Wesfarmers stalks Barbon in UK push
Wesfarmers is poised to become the latest Australian financial services giant to make a serious play for the UK market with a sizable acquisition.