Insurer
Ace promotes Homan as Stibbards retires
Ace Group has named Mark Homan as executive vice president, casualty, for the insurer’s international insurance operations, from 1 July, 2012.
Euler Hermes and Mapfre enter credit joint venture
Allianz-owned credit insurer Euler Hermes and Spanish insurer Mapfre have agreed a 50/50 joint venture to develop their credit insurance business in Spain and four Latin American countries.
Money Supermarket dominates Google search rankings a second time
Money Supermarket came top of the natural search rankings on Google searches for car, home and travel insurance for the second quarter running, online marketing solutions provider Gravytrain has revealed.
Xchanging targets North American growth
Business process outsourcing company Xchanging is to expand its insurance offering to the North American market.
Solvency II setbacks taking toll on insurer budgets
Rising numbers of insurers believe the industry will miss the January 2012 compliance deadline for Solvency II, according to a survey conducted by the Economist Intelligence Unit on behalf of Deloitte.
World Cup and Olympic fever fuels Brazil's general insurance growth
The 2014 FIFA World Cup and 2016 Olympic Games are proving to be catalysts for the growth prospects of Brazil's general insurance sector.
Euler Hermes ties up with Mapfre for Spain and Latin America push
Spanish insurer Mapfre and Allianz-owned credit insurer Euler Hermes have signed a 50/50 joint venture to develop their credit insurance business in Spain and four Latin American countries.
Zurich promotes two in global GI business
Zurich Insurance Group has named Swiss national Claudia Dill as chief operating officer for its general insurance business to replace Belgian national Dirk De Nil who becomes head of sales and distribution.
Minister Spelman hints at flood deal with ABI, rejecting pure risk-based pricing
Environment minister Caroline Spelman, pictured, has told the Association of British Insurers’ property conference that the idea of flooded households being left to fend for themselves is unacceptable.
British Insurance Awards 2012 finalists to be revealed
The wait is almost over. Tomorrow Postonline will be the first place to discover the shortlist for the 2012 British insurance Awards.
China banishes red tape for qualified foreign investors
China will work to speed up approvals of qualified foreign institutional investors looking to buy into its domestic securities, as part of reforms to add depth to the country's capital markets, Bloomberg News reported yesterday.
Coface recruits former Euler Hermes credit underwriter
Coface UK & Ireland has appointed former Euler Hermes underwiter Dara Hanley as senior underwriter based in Dublin.
Ace promotes Homan to executive VP, casualty
Ace Group has appointed Mark Homan as executive vice president, casualty, for Ace's international insurance operations.
GCC insurance expected to outperform GDP in near term
The Qatar Financial Centre Authority launched its first Gulf Cooperation Council insurance barometer at the 29th Global Arab Insurance Federation Conference in Marrakech today.
Regulation of loss adjusters in the spotlight again
The European Insurance and Occupational Pensions Authority has advised that regulation of those fulfilling the "claims" aspects of insurance contracts would be part of Insurance Mediation Directive 2.
Kennedys promotes Hong Kong partner West to global partnership
Kennedys has promoted Hong Kong partner Mark West to the global partnership, as well as promoting four solicitors to partners in the UK as of 1 May.
Xchanging appoints new global sales director for insurance
Business services provider Xchanging has named Mike Reynolds as global sales director of insurance with immediate effect.
Ombudsman blames rise in motor insurance policy complaints on recession
The 26% increase in motor insurance complaints from consumers in the past financial year is "likely to reflect the tougher economic times", according to the Financial Ombudsman Service.
Riot compensation scheme 'not fit for purpose'
The Association of British Insurers has called for an overhaul of the law that provides for compensation to be paid to the victims of riots.
Ombudsman reports 51% increase in PPI complaints
Complaints to the Financial Ombudsman Service about payment protection insurance increased year on year by 51%, and accounted for 60% of all new cases in 2011/2012.
IFB appoints Buck to roll out Insurance Fraud Register
The Insurance Fraud Bureau has recruited Andrew Buck to oversee the launch of the industry's Insurance Fraud Register.
Pannone appoints business development manager
Manchester law firm Pannone has appointed former Axa Corporate Partnerships manager Kate Burke as business development manager for its Affinity Solutions division.
Law firm calls for tighter laws on metal theft
A City law firm has called on the government to resurrect the Metal Theft (Prevention) Bill and tackle the scrap dealers head-on.
Insurer boards urged to take risk control more seriously
Insurance company boards have failed to adopt anything beyond a "general tick-box attitude" to risk culture, a consultancy firm has warned.