Ireland
RSA’s Lee facing ‘personal crisis’ amid share price drop and future uncertainty
Simon Lee’s position as RSA group chief executive is under threat following a week that saw the insurer issue two profit warnings, which triggered a share price plummet, market insiders have claimed.
Fraud Conference 2013: ABI considers anti-fraud advertising campaign to drive message home
The Association of British Insurers may consider advertising in the national media to tackle public perception of insurance fraud, its head of property fraud and specialist lines Aidan Kerr has said.
Legal Update: Fraud: Following Irish fraud law could help UK insurers fight fabricated claims
Sarah Hill looks at the legal issues affecting insurers’ battle against fraud, including the Irish approach to ‘tainted’ claims and the incoming regulation of private investigators
RSA Ireland CEO to lead global brokers division
RSA has appointed Phillip Smith as group director, global brokers in addition to his current role as chief executive of the insurer’s operations in Ireland.
Telematics product launched in Ireland
Ireland’s first dedicated telematics brand Boxymo has been launched by Octo Telematics in partnership with MCL Insurance Services.
Ace appoints Russell in new senior PI role for UK and Ireland
Ace Group has appointed Geoff Russell as regional senior professional indemnity underwriter for the UK and Ireland.
QBE promotes Quinn from Ireland to lead professional national practice
QBE has appointed Simon Quinn as underwriting manager for its professional and financial Lines national practice.
Ace appoints Russell as senior PI underwriter for UK and Ireland
Ace Group has appointed Geoff Russell as regional senior professional indemnity underwriter for the UK and Ireland.
Irish health insurer VHI signs deal with Berkshire Hathaway
State-owned Irish health insurer VHI has signed a €700m deal with US investor Warren Buffet’s company Berkshire Hathaway.
Protect Your Bubble launches in Ireland
Specialist gadget insurer Protect Your Bubble launched today in the Republic of Ireland.
Protect Your Bubble head has “high hopes” as it launches in Ireland
Specialist gadget insurer Protect Your Bubble launched today in the Republic of Ireland, a market it said had “a high proliferation of gadgets and an unmet need for specialist insurance”.
Questgates expands footprint to include Dublin
Loss adjuster Questgates has opened its first Dublin regional office.
Questgates expands presence with office in Dublin
Loss adjuster Questgates has opened an office in Dublin.
DIMA appoints new board members at AGM
Dublin International Insurance & Management Association, the representative body for Ireland domiciled reinsurers, elected five directors to its board at its AGM last week.
Marsh’s Hodgins elected to DIMA board
Dublin International Insurance & Management Association, the representative body for the international reinsurance industry in Ireland, has elected five directors to its board.
Coface downgrades Eurozone GDP after Germany concerns
Economists at cred insurer Coface, are downgrading their GDP growth forecast for the Eurozone, reflecting concern about Germany, the largest EU economy.
XL launches new products for Irish financial firms
XL Group has launched five new insurance products for financial institutions in Ireland, which they say address firm's reliance of on IT infrastructure for services and distribution.
Ace appoints Bartolo as UK & Ireland environmental risk manager
Ace Group has hired environmental consultant Emma Bartolo to manage its UK & Ireland environmental liability book.
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.
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.
Insurers slammed in Irish data protection report
The prosecution of three large insurers for breaking data protection laws feature highly in the 2012 annual report by Irish Data Protection Commissioner, the Irish Independent reported.
Liberty eyes remaining Quinn stake
Liberty Insurance’s Irish chief executive has said the group wants to wrestle full control of the former Quinn Insurance Group.
Ireland "needs to keep itself competitive" warns XL Re president
Ireland needs to maintain its favorable regulatory climate to retain its position as a reinsurance hub, the chief executive officer of XL Re has warned.