Insurer
New year European windstorm damage estimated at €267m
Perils has today disclosed an initial loss estimate for windstorm Andrea, which occurred in Western Europe from 4-5 January 2012, of €267m.
PM and insurers unveil six point plan after motor premium summit
The Prime Minister has committed to tackling the compensation culture, reducing legal costs and cutting health and safety red tape.
Axa’s Evans says David Cameron meeting ‘a great day for motorists’
Axa UK boss Paul Evan has described the insurers’ meeting with Prime Minister David Cameron as “a great day for motorists”.
Bearing Point hires former Ernst & Young consultant for insurance head role
Business consulting firm Bearing Point has appointed former Ernst & Young consultant Christopher Ling to head of insurance in the UK.
Law firm accuses PM motor premium war of limiting access to justice
Spencers Solicitors fears the Prime Minister's approach to tackling the rising cost of motor insurance will "chip away at the public's right to justice under the law".
Seán Quinn accused of contempt of court
The Irish Bank Resolution Corporation, formerly Anglo Irish Bank, has filed contempt of court proceedings against former Quinn Insurance boss Seán Quinn, his son Seán Quinn jnr, and his nephew Peter Darragh Quinn.
Young Marmalade answers young driver premium problem
Specialist young driver insurer Young Marmalade has shown its scheme can reduce premiums for young drivers.
ABI to highlight insurer cost pressures at PM meeting
The Association of British Insurers has welcomed the chance to tell Prime Minister David Cameron "the unacceptable cost pressures" insurers face at the Downing Street meeting this evening.
Quinn could face jail time over contempt of court charges
Contempt of court proceedings have been started against Sean Quinn, former owner of Irish insurer Quinn.
Barrere leaves Swinton director role
Former MMA Holdings UK joint chief executive Bernard Barrere has seen his appointment as director at Swinton terminated, according to Companies House filings.
Trygg-Hansa and Codan appoint COO from Alka
Trygg-Hansa and Codan, RSA's Scandinavian businesses, have appointed Niels Mortensen as their chief operating officer.
Axa to increase underinsured SME BI cover for free
Axa Commercial Lines is offering its combined policy product customers a premium waiver to help underinsured small and medium enterprises get back on their feet.
Indian insurance industry to go electronic in 2013
India's insurance sector could move into a paperless system next year, as the Insurance Regulatory and Development Authority has confirmed it is currently choosing data repositories.
MMA boss Barrere departs double director role
Bernard Barrere's tenure as a director of two of MMA Holdings UK's insurance businesses has come to end, according to reports filed at Companies House.
FATCA a significant operational challenge for European insurers
The proposed US Foreign Account Tax Compliance Act, published on 8 February, still remains a significant operational challenge for insurers, according to Ernst & Young.
Lloyd's takes $2.2bn hit for Thai floods
Lloyd's of London estimates its net claims from the flooding in Thailand last year to be $2.2bn.
Willis Re promotes Melia to CEO Willis Re International
Willis Re has appointed Tony Melia as chief executive officer of Willis Re International.
RBSI confirms rebranding as Direct Line
RBS has confirmed it is rebranding its insurance division as Direct Line Group to make it more attractive for the forced sale required when it accepted a government bailout.
PM to promise action on insurance prices
The Prime Minister will meet with the insurance industry, consumer and business groups today to discuss rising premiums.
Ageas promises 'no impact' for Kwik Fit Insurance business after issuing High Court writ
Ageas has moved to clarify that the firm's Kwik Fit Insurance business will not be affected by a High Court writ against the repair company which relates to an accounting liability.
Allianz Legal Protection appoints Ruse as head of sales and distribution
Allianz Legal Protection has confirmed the in-house appointment of Phil Ruse to the newly-created position of head of sales and distribution.
CEA welcomes EU-US trade insurance working group
The CEA and the American Council of Life Insurers have welcomed the establishment by the Transatlantic Economic Council of a high level working group on jobs and growth.
BGL founder steps down as chairman
BGL Group has confirmed the departure of company founder Douw Steyn, who has stepped down from his role as non-executive chairman 20 years after setting up the UK business.