Insurer
Aviva regional strategy leads to UK cutbacks
Aviva staff across the UK are expected to be rocked by job cuts following news of the second wave of the firm's regional strategy.
BGL hires former financial crime boss for counter-fraud role
BGL has appointed Martin Croucher, pictured, as senior counter-fraud manager.
ADNIC expands in Abu Dhabi
Abu Dhabi National Insurance Company has opened its latest branch in Abu Dhabi. Located on Salam Street, it is fully operational from today and will cater for all customers’ needs in the Emirate and Western region.
Talanx may rethink July IPO owing to market volatility
German insurance group Talanx is thought to be considering postponing its initial public offering slated for July, as market volatility continues following Greece's election, Reuters reported.
Local insurers return to Thailand flood market
Local insurers in Thailand are increasing their appetite for flood risk and reducing their dependence on the government's Catastrophe Insurance Promotion Fund, according to the fund's chairman Payungsak Chartsuthipol.
FM Global launches free nat cat toolkit
Commercial property insurer FM Global has launched an online resource for natural hazard planning to help businesses prepare for and protect against the growing risk of catastrophes.
Claims management firm RiIG wins PPI contract
Resources in Insurance Group has signed a £750 000 deal with a financial institution to handle Payment Protection Insurance claims.
Zeidler joins Capita to focus on strategic growth
Capita's insurance services business has appointed Phil Zeidler as divisional corporate development director.
Cloutier: Double Brit deal better for shareholders
The sale of Brit Insurance to run-off specialist Riverstone, two months after QBE acquired its renewal rights, sets up Brit Group to focus on developing its specialist and reinsurance operation and marks the "last major piece of restructuring", according…
Ferma plans formal certificate for European risk managers
The Federation of European Risk Management Associations is taking the first steps towards a pan-European certificate of professional competence for risk managers.
New policy offers 'affordable' medical tourism
A new health insurance product claims to allow UK citizens to take advantage of the high-quality healthcare enjoyed by their European neighbours at significantly lower cost than most private medical insurance policies.
European insurers remain well capitalised, says Eiopa
The majority of European insurers are well capitalised in terms of current Solvency regulations, although Solvency capital ratios are starting to decrease slightly, according to the European Insurance and Occupational Pensions Authority.
Don't delay: 2012 Insurance Fraud Awards deadline approaching
With 2500 new fraudulent claims detected each week, and many more going undetected, the fight against fraud is still a top priority for the insurance industry.
Data deployment key to improving claims performance and cutting fraud
Smart technology and data deployment can improve claims performance and cut £2bn worth of fraud, according to the Insurance Claims Management report from Clear Path Analysis.
Equity offers new mini-fleet product
Equity Red Star has launched a solution for family run businesses and small enterprises operating fleets with two to 10 cars and/or commercial vehicles.
CCV appoints Towergate boss to replace promoted Simpson
CCV has promoted Just Insurance managing director Rob Simpson, pictured, to central region MD, and his former role will be taken over by Towergate Risk Solutions Hertfordshire business unit director Rob Pollard.
Top five Asian news stories
The top five Asian stories from www.insuranceinsight.com over the past seven days.
LV Broker boss Lawrence targets 'larger players' amid restructure
LV Broker personal lines director Michael Lawrence is aiming to increase his service focus on the market's larger players following a restructure of the firm's strategic accounts team.
DLG signs new home insurance deal with Nationwide
Direct Line Group's partnerships division, Brand Partners, has renegotiated its contract with Nationwide handling the building society's new household claims and post home insurance sales and service.
Top five European news stories
The top five European stories from www.insuranceinsight.com over the past seven days.
PPO demand to put off 'silver bullet' investment in insurance
General insurers will not get the 'silver bullet' investment needed to offset potential liabilities from the growing number of periodical payment order settlements in the UK as typical lump sum claimants are increasingly seeking PPOs.
Fitch downgrades Brit Insurance Limited over sale to Riverstone
Fitch Ratings has downgraded Brit Insurance Limited's insurer financial strength rating to 'BBB' from 'A', with stable outlook.
Resource provides global view of health insurance for low-income families
A new resource capturing more than 100 health insurance programmes designed for low-income populations in developing countries has been launched.
Oil markets blasé as sanctions force Iran's Asian buyers to cease imports
Iran's Asian oil buyers look set to halt imports when EU sanctions come in on 1 July, with potential repercussions for the global oil market.