Regulation
JPM take on new staff as part of expansion programme
A West Midlands commercial insurance intermediary has taken on six new employees as part of an expansion programme.
Corpore extends operations across the UK
Injury management and vocational rehabilitation specialist, Corpore, has extended its operations to provide wider regional support from two new locations in Wolverhampton and Manchester. This is in addition to established operations in London, Cardiff,…
Income protection accused of breaching TCF rules
Income protection insurance policies could be in breach of the principles of the Financial Service Authority's Treating Customers Fairly initiative.
Japanese P/C industry stable, claims Moody’s
Moody's Investors Service is claiming that that over the next 12 to 18 months, the possibility of a rating action is likely to be low to moderate for its rated Japanese property and casualty (P&C) insurers, the agency says in a new report.
CNA Europe head quits
CNA has announced that Julian Enoizi is to be appointed managing director of its European businesses, subject to regulatory approval. He will succeed Keith Davies who has held that position since 2001 and will pursue other professional ventures after a…
CIS staff stage 48-hour strike
Employees at the Co-operative Insurance Society staged a 48-hour walkout last week over their ongoin...
Norwich Union plans more UK acquisitions
Norwich Union Healthcare said it plans further acquisitions in the occupational health market, after...
New corporate occupational health provider created
A new corporate occupational health provider giant will be created from 1 October, when the integrat...
FSA may act over PI broker
The Financial Services Authority is believed to be poised to name the latest broker to fall foul of ...
Regulator kicks off claims review
The Financial Services Authority will review general insurers' claims handling in retail lines next ...
Aon calms worries over safety regulations
Broker Aon has attempted to calm UK businesses' concerns that the new General Product Safety Regulat...
Appointment at Andrew M Jackson
Hull-based law firm Andrew M Jackson has appointed Matthew Peacock as solicitor in its shipping and ...
VAT consultation ends with industry in accord
The government is coming under increasing pressure from the insurance industry not to impose new rul...
FSA's 'big idea' needs a rethink
It is staggering how many advisers, consultants and commentators are trying to cash in on the Financ...
Glencairn acquires IoRisk Solutions
Glencairn Limited has appointed Mark Ter Haar as its new Business Development Director. The move comes as part of the acquisition of IoRisk Solutions, which was established in 2001 under an umbrella arrangement with independent Lloyd’s broker, Holman’s.
London market must explain contract certainty
The London Insurance market risks losing custom if it fails to explain to the rest of the world the huge impact contract certainty will have on its practices, says Reynolds Porter Chamberlain, the City law firm.
QBE changes name of underwriting entity
QBE European Operations has changed the name of QBE International Insurance to QBE Insurance (Europe) (QIE).QBE International Insurance makes up the company market arm of QBE European Operations, including brands such as Ensign and MPB.
Lloyd's signs four year contract for managed IT services
Lloyd’s has re-signed a managed services contract worth £10.5 million with European IT services provider, Steria. Steria will continue to provide applications management, data centre hosting and infrastructure management to the market – which has the…
Markel International España opens for business
Markel International, the international property and casualty insurer, has announced the opening of its Spanish branch, Markel International España. The office was opened to an audience of 120 Spanish professional liability brokers last week in Madrid.
NU in healthcare buy
Norwich Union Healthcare has completed the acquisition of Private Health Care, one of the largest independent providers of occupational health solutions in the UK.
Global Aerospace appoints new legal head
Aviation insurance giant Global Aerospace has appointed Stephen Walsh to take up the position of Group General Counsel in succession to Ken Walder.
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Inside View
APRA releases new IFRS paper
The Australian Prudential Regulation Authority (APRA) has released the second of two discussion pape...