Insurer
RMS: there was only a 60% chance of stopping Moscow airport bomb plot
RMS has stated insured terrorism losses from the 24 January terror incident in Moscow - which killed 35 people and wounded 180 civillians - are limited due to the nature of the attack.
Eleven charged with 'crash for cash plot'
Eleven people appeared in court on Monday (January 24) charged in connection with an alleged 'crash for cash' conspiracy.
CMS Cameron McKenna: FSA discussion paper “poorly argued”
Simon Morris, partner of law firm CMS Cameron McKenna, has criticised the FSA’s discussion paper on Consumer Protection, calling it “an ill thought-out and poorly argued paper".
ABI responds to FSA product intervention paper
The Association of British Insurers has responded to the discussion paper published by the Financial Services Authority.
Fitch predicts non-life improvement as it affirms Allianz's 'AA-' rating
Fitch Ratings has affirmed Germany-based Allianz SE's insurer financial strength rating and long-term issuer default rating (IDR) at 'AA-'.
Fitch predicts non-life improvement as it affirms Allianz's 'AA-' rating
Fitch Ratings has affirmed Germany-based Allianz SE's insurer financial strength rating and long-term issuer default rating (IDR) at 'AA-'.
BGL recruits e-commerce managers
BGL has appointed two new e-commerce managers to its Frontline team.
FSA launches consultation on product intervention
The Financial Services Authority has published a discussion paper about how the FSA, and the proposed Consumer Protection and Markets Authority should pursue the objective of consumer protection and specifically the issue of product intervention.
ONS cites snow and construction decline for 0.5% drop in Q4 GDP
The UK's Gross Domestic Product decreased by 0.5 per cent in the fourth quarter of 2010, compared with an increase of 0.7 per cent in the previous quarter.
Zurich names GCUK CEO
Zurich has named Ann Haugh chief executive officer Global Corporate in the United Kingdom (GCUK). Ms Haugh will take up the post on February 1 2011.
Zurich names GCUK CEO
Zurich has named Ann Haugh chief executive officer Global Corporate in the United Kingdom (GCUK). Ms Haugh will take up the post on February 1 2011.
Howden forms programme with Liberty
Howden Specialty Underwriters, Hyperion Insurance Group’s US general agent, and Liberty International Underwriters, the global specialty lines division of Liberty Mutual Group, now offer a management liability insurance programme focused on private…
Garwyn chooses Newport boss
Liability adjuster Garwyn Group has promoted Nigel Smith to head up its South West operations based in Newport as Branch Manager.
Guernsey rejects idea of equivalence under Solvency II
The authorities in Guernsey have no plans to seek equivalence under Solvency II, according to the Guernsey Financial Services Commission and the States of Guernsey Commerce and Employment Department.
Guernsey rejects idea of equivalence under Solvency II
The authorities in Guernsey have no plans to seek equivalence under Solvency II, according to the Guernsey Financial Services Commission and the States of Guernsey Commerce and Employment Department.
Markel appoints Hong Kong chief
Markel International has appointed Ada Lam as development underwriter and head of its new Hong Kong office.
Novae's Matson steps up to chair Insurance Leadership Group
Peter Matson, chief underwriter, Novae has been appointed the new chair of The Prince’s Trust Insurance Leadership Group (ILG), succeeding Julian Enoizi.
Lloyds insurance boss quits after 12 months for Friends role
Lloyds Banking Group's CEO of general insurance Andy Briggs is to leave to become CEO of Friends Provident.
Coffey leaves Zurich
Zurich has confirmed that head of broker personal lines Mark Coffey has left the position less than 18 months after he was appointed.
Coffey leaves Zurich
Zurich has confirmed that head of broker personal lines Mark Coffey has left the position less than 18 months after he was appointed.
Dual to offer securities insurance
Underwriting agency Dual Corporate Risks has unveiled a new standalone public offering of securities insurance products in partnership with Arch and Hiscox.
Australian floods expected to cost A$4-A$6bn
Espirito Santo Investment Bank has said the Australian floods will amount to at least two events, and given the mounting political pressure on the local primary insurers the burden for the local primaries is likely to be much more punishing than the…
Aviva motor sales more than double through Swinton
Aviva claims to have more than doubled sales of its private motor product year-on-year through Swinton Insurance.
XL names new Nordic chief
XL Insurance has appointed Peter Wullimann as its new country manager for the Nordic region.