Ireland
Law Society takes first step towards PII common proposal form
The Law Society said it is seeking industry-wide support from brokers and insurers to use its professional indemnity insurance composite proposal form in the first step in its drive towards a common proposal regime.
Aviva confirms Stewart for Scotland sales manager role
Aviva has poached RSA's Scotland and Northern Ireland sales manager, Sandra Stewart.
Top five European news stories
The top five European stories from www.insuranceinsight.com over the past seven days.
UK insurers face capital hike under RMS v11
UK insurers may see increases of up to 97% in their capital requirement for catastrophe exposures under Solvency II rules when making calculations under the new RMS model version 11, with French and German insurers facing similar though not quite so…
Irish broker claims telematics first
Autoline Insurance Group has claimed an insurance first for Irleand with a telematics proposition included in its insurance policy offering.
Marsh recruits new CEO from sister company
The board of Marsh today announced the appointment of Mark Weil as CEO in succession to Martin South, who was appointed CEO of Marsh Europe in January.
Political risks: Economic unrest triggers interest and questions over cover
The UK, France, Germany, Italy, Portugal and Spain have all been re-rated 'medium risk' from 'low risk' by Aon Risk Solutions, as part of a downgrade of 37 countries in the firm's annual Terrorism & Political Violence map.
Willis Ireland acquires Attain Consulting
The Irish arm of broker Willis Group has added to its domestic employee benefits business with the acquisition of Attain Consulting and sister company Trustee Principles for an undisclosed sum.
Taiwan insurance industry exposure to PIIGS revealed
Taiwan's insurance firms launched total investments of NT$13.9bn (£295m) in Portugal, Italy, Ireland, Greece and Spain in the first four months of the year.
QBE underwrites RMP's public sector business
QBE Europe will underwrite the public sector business of AJ Gallagher subsidiary Risk Management Partners from 1 July.
Uniqa reports profits up 20% for Q1 2012
The Uniqa Group has reported profit up 20.2% in the quarter one of 2012 to €54.4m (Q1 2011: €45.2m).
Aviva Ireland agrees branch network sale with One Direct
Aviva Ireland is to sell part of its branch network business to general insurance provider, One Direct after three months of evaluations.
Coface recruits former Euler Hermes credit underwriter
Coface UK & Ireland has appointed former Euler Hermes underwiter Dara Hanley as senior underwriter based in Dublin.
McLoughlin returns to Sevitt as project director
Setanta Insurance's former Ireland general manager, Deirdre McLoughlin, has returned to Sevitt Group as project director.
Former Setanta boss McLoughlin joins Matthews at Sevitt
Deirdre McLoughlin, Setanta Insurance's former general manager in Ireland, has returned to the recently expanded Sevitt Group as project director.
MSI Management cites 'favourable business environment' following Dublin move
Mitsui Sumitomo service company MSI Management UK and Ireland is to open a Dublin headquarters to be the intermediary hub for regional underwriting business, underwritten by Syndicate 3210 at Lloyd's.
Mitsui Sumitomo at Lloyd's opens in Dublin and creates 30 jobs
MSI Management UK and Ireland, the new service company of Mitsui Sumitomo at Lloyd's, is opening a Dublin headquarters.
Aviva's Moss resigns following pay vote furore
Beleaguered Aviva boss Andrew Moss has bowed to pressure for his resignation following the embarrassment of last week’s shareholder revolt over executive remuneration.
Q&A: Vienna Insurance Group CEO Gunter Geyer
While the economic turmoil of the Eurozone crisis and heavy catastrophe losses eroded the bottom line of many European insurers in 2011, Vienna Insurance Group enjoyed the most profitable year in the group’s history, and avoided having its A+ credit…
Aviva shareholders reject executive pay package at AGM
Insurer Aviva has lost the vote on executive pay at its annual shareholders meeting.
Redomiciling: London calling as tax changes make the UK more attractive
Will a reduction in corporation tax and changes to the Controlled Foreign Companies regime make the UK a more attractive place to domicile?
Price-comparison model questioned as Admiral casts off Italian Chiarezza
Admiral's sale of its Italian aggregator Chiarezza on Monday demonstrates a failure adequately to invest in overseas ventures, and further withdrawal from European aggregators is a possibility for the insurer, according to one analyst.
Ace appoints new leaders of UK and Ireland Retail
Ace Group has promoted a number of senior staff within its Europe, Middle East and Africa region.
Liberty offers better car after write offs
Liberty Insurance in Ireland, which took over the Quinn business, has said it will replace written off cars with a newer model or one worth 20% more.