Insurer
CPS investigates 'fraudulent' Autofocus employees
The Crown Prosecution Service has confirmed it is examining the case of the seven Autofocus staff who allegedly doctored credit hire rate evidence.
UK Drainage Network scoops supply chain award
Independent drainage company the UK Drainage Network has received the Co-operative Insurance Claims Supplier of the Year and Supply Chain Collaboration awards at the RSA.
Insurers could do more to help space operators, says JLT
Space operators need the insurance community to step up and offer better solutions, according to Peter Elson, global head of space at broker JLT Specialty.
Broker Network directors 'not stepping down' despite Companies House listing
The Broker Network has dismissed concerns that five directors will be leaving the organisation after Companies House listings stated that a number of senior figures have had their 'appointments terminated'.
QBE expands Dubai office capabilities
QBE's Dubai branch is now offering GAP insurance and auto extended warranty on a reinsurance basis to cedants dealing with auto dealers and banks operating in the GCC market.
QBE launches new motor products in Dubai
Business insurance specialist QBE has started offering Guaranteed Auto Protection insurance and auto extended warranty on a reinsurance basis for cedants dealing with auto dealers and banks within the GCC market.
FSA publishes guidance on PPI redress
The Financial Services Authority has published proposed guidance for firms that sold payment protection insurance and are beginning to contact customers who may have been mis-sold a policy but have yet to complain.
Watchdog set to probe KPMG over Equity Red Star audit
The Accountancy and Actuarial Discipline Board is investigating KPMG's auditing procedures of Lloyd's of London syndicate Equity Red Star.
Arch acquires Ariel Re's Zurich-based credit business
Arch Capital Group is to acquire Ariel Re's Credit & Surety reinsurance operations based in Zurich.
Management not measurement key in handling risk
Risk management has focused on the harnessing of technology for risk measurement rather than a deeper understanding of risk itself, according to recent research published by Towers Watson.
Ferma membership up to 22 after Luxembourg association comes on board
The Federation of European Risk Management Associations has welcomed its newest member in the form of the Luxembourg risk management association, Professionals in Risk Management.
Swiss Re targets European marine with two new teams
Swiss Re Corporate Solutions has expanded its marine insurance footprint in Continental Europe through the formation of two dedicated underwriting teams in Zurich and Genoa, which will be led by Patrizia Kern-Ferretti and Andrea Cupido, respectively.
China's state-owned credit insurer warns of export risk
China's only export credit insurer has warned of increased short-term export credit risk for firms in the first quarter.
Ferma grows to 22 as Luxembourg joins
The Federation of European Risk Management Associations has grown its membership to 22 associations with the Luxembourg risk management association, Professionals in Risk Management.
Bahrain's financial sector sees 3% growth
The number of financial institutions registered in Bahrain rose again last year, reaching 415 by the end of January 2012, up from 403 a year earlier.
Government flood cuts could lead to 'thousands' of uninsurable businesses
Thousands of UK businesses are at risk of becoming uninsurable inside three months if the government fails to meet the demands of disgruntled insurers.
Insurers face up to $2bn tornado bill
Eqecat has estimated that the latest series of severe weather events in the US has produced $1bn to $2bn in insured losses.
Omega more than doubles losses
Struggling takeover target Omega's 2011 combined ratio hit 134%, and 2010 pre-tax losses more than doubled to $94.7m (2010: $42.9m).
Let's salute one of the few men who really changed Parliament
Norman St John Stevas (Lord St John of Fawsley), who died at the weekend, was responsible for the most significant post-war reform of the way Parliament works.
Chilton steps down from Aon Benfield roles to focus on holding company
Grahame Chilton will step down from his combined roles at Aon Benfield to concentrate on his new position as non-executive chairman of Aon's recently formed UK holding company.
Insurers avoid conviction for Irish data breach
Three insurance companies have avoided criminal convictions for possessing personal information obtained by a private detective from a leak in the Department of Social Protection, according to reports in the Irish press.
Close to offer telematics premium finance
Close Premium Finance is to back AA Insurance's new telematics offering, AA Drivesafe, taking monthly direct debits for varying amounts depending on the insured's driving style.
Zurich in three-year sponsorship deal with Christie's Dubai
General insurer Zurich has entered into a partnership with auction house Christie's to sponsor its sales in Dubai.
Cuts at Ecclesiastical to focus on three sectors and boost operations performance
Ecclesiastical's UK boss Steve Wood, pictured, has implemented a three-prong reorganisation as part of a cost-cutting exercise that he claims will lead to an aggressive move on its chosen markets.