Post - 2010-07-29

Evans linked with Axa UK

The former chief executive of Axa Life Paul Evans has been linked with the same role at Axa UK, replacing current incumbent Nicolas Moreau, who took over from Dennis Holt in June 2006.

CEA submits statement

The CEA has submitted a written statement to the US House of Representatives Subcommittee to express its concerns over proposals to change the US tax treatment of reinsurance between affiliated entities.

Ageas agreement

Ageas has reached an agreement with BNP Paribas Assurance on the sale of its pension and life activities in Turkey.

Bridle buys SIS

Bridle Insurance has completed the acquisition of Southampton Insurance Services for a six figure sum.

QBE adopts dollar

QBE has decided to adopt a US dollar presentation currency for 2010 onwards

Editor's comment: Operation Tinky Winky

Last week, the issue of fraud was again writ large in the insurance trade press with the latest figures from the Association of British Insurers revealing 122 000 fraudulent insurance claims were uncovered in 2009, up 14% on 2008. The value of these…

Liability fraud on the rise claims Keoghs

Fraudulent liability claims are rising sharply according to Keoghs, which has found a 150% increase in the volume of suspicious liability claims it has investigated over the past 12 months.

AI Claims to beat forecast

Credit hire operator AI Claims Solutions said it expects turnover, profit before tax and earning per share for the financial year ending 30 June 2010, to beat market forecasts.

MCE signs Open GI deal

Motorcycle broker MCE has signed a new deal with Open GI, in a move that will cover the entire IT infrastructure for its call centre and trading website.

Moon appointed CEO

Ecclesiastical has appointed Andrew Moon as the new chief executive officer of its Australian business, Ansvar Insurance.

Lang to lead directors

Lord Lang of Monkton will succeed Stephen Hardis as independent chairman of the board of directors of Marsh.

Quadra hires ex-CGS man

Quadra Claims Services has named former Carr Greenwood Smith employee Iain Johnston as a senior adjuster.

The claimant's view: a sledgehammer to crack a tabloid nut

On 15 July, David Frost, director general of the British Chambers of Commerce, told a joint meeting with the Trades Union Congress — entitled 'Is Deregulation Dead?' — that his members are generally happy with and understand health and safety regulations…

View from the top: Time to fight our corner

In my last View from the Top, I wrote about preparing for a new government and how it would be important for the industry to have an open and effective relationship with it regardless of the result of the general election.

Postbox: Link web to high street now

The web is the only sales channel to have grown during the recession, while high street business has contracted significantly. Yet, while internet businesses have come a long way, they have failed to join up their CRM activities, which limits their…

Lloyd's & London market: Bargain hunt

It looks like investors searching for a piece of the action in Lloyd's can pick up a bargain right now, as depressed share prices shine a light on profitable businesses trading at a discount to their net asset value. Ralph Savage investigates whether a…

EL & PL: Building the wall

As fraudsters seek new areas to commit insurance fraud, Andrew Gillett reports on how the liability market is tackling this growing problem.

Talent - recruitment: Recruiting generation Y

As the markets slowly emerge from the darkness of recession, the employee talent pool is shrinking. Tom Rivers examines the particular challenges facing the insurance industry and how it can attract the best young talent to reinvigorate an ageing…

Penny Black's insurance week

A cautionary tale reaches Penny about the dangers of playing with hot candle wax, or rather the embarrassment that can be caused by being covered in this quick-drying viscous liquid when dining with colleagues. For that is the sticky situation that…

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