Insurer
RSA names Fairmann for broker HNW
Insurer RSA has named Giles Fairmann as business development manager working on its high net worth offering for brokers.
Uniqa has ratings lowered to 'A-' despite ongoing restucturing
Austrian insurer Uniqa has had its rating dropped to 'A-' but with a stable outlook reflecting the fact it looks able to restore its capital adequacy in 2012.
Admiral refuses to comment on law firm rumours
Admiral told Post it is not commenting on reports in the Telegraph that it is considering branching into the legal sector.
Japanese non-life sector stable, Fitch says
The outlook for the Japanese non-life insurance industry is stable, underpinned by a recovery in the core automobile business line, according to a new Fitch report.
Underwriting deficit from compulsory motor constrains Malaysian GI market
The rating outlook for Malaysia's insurance market is stable, supported by sound operating profitability, steady market growth and manageable exposure to investment risks.
RSA quits unprofitable biker markets
Insurer RSA has been forced to quit the motorcycle market after a decade that saw it hit by higher than average third-party bodily injury claims from pillion passengers.
Homeserve to outsource complaints
Homeserve said it intended to outsource its complaints handling, following the appointment of a new director of customer relations, reporting directly to Jonathan King who was parachuted in as CEO of Homeserve Membership.
Garwyn dropped from QBE loss adjusting panel
Garwyn’s UK division has not been selected for the QBE loss adjusting panel next year, Post can reveal.
Storm alert: Southern England to be hit with gale force winds
Stormy weather is expected to batter the south of England later this week, according to GAB Robins.
Post magazine 2015 features list
Since January 2012, Post magazine has been running its features on a monthly, rather than an annual basis. For updates contact commissioning editor Rachael Adams.
Indian parliamentary committee rejects proposal to raise FDI cap
India’s parliamentary standing committee on finance has rejected the government’s proposal to increase the cap on foreign direct investment in insurance from 26% to 49%, according to India Today.
Uniqa appoints new Austrian director
Diego Reichstamm has been announced as the new country director of Uniqa in Austria as of January 2012.
Outlook negative for Rossiya Insurance Company
OJSC Rossiya Insurance Company has had its 'B-' insurer financial strength rating and its 'BB-' National IFS rating affirmed by Fitch.
Quote Me Happy extends aggregator distribution
Quote Me Happy is extending its distribution across two more price comparison sites following its exclusive launch on Go Compare earlier this year.
S&P warns of mass insurer downgrade
Allianz, Aviva and Axa are among 15 insurers placed on negative watch by Standard and Poors.
Stable outlook for Indonesian non-life market
The outlook for Indonesia's non-life market is stable, driven by benign domestic economic conditions, sustainable demand for insurance policies, and enhanced regulatory capital requirements, according to recent report.
Swiss Re chief announces early retirement
Swiss Re’s chief executive officer Stefan Lippe is to step down in 2012, bringing his tenure as the head of the reinsurer to a premature end.
QBE gives Judy Holt Europe-wide role
Business insurer QBE has promoted UK head of broker development Judy Holt to be head of business development for European markets, based in London and Brussels.
Groupama on negative watch
Groupama and its subsidiaries have been placed on negative watch over the possible weakening of its financial profile.
Hiscox London Market achieves chartered status
Hiscox London Market business has been awarded Corporate Chartered Insurer status by the Chartered Insurance Institute.
Liberty Syndicates recruits Peter Sprent
Liberty Syndicates Management has recruited political risk and trade credit underwriter, Peter Sprent, from Ace, to lead its Global Financial Risks team.
Equistone (Barclays) sells First Assist
Mid-market private equity firm Equistone Partners Europe - previously Barclays Private Equity - has sold after-the-event insurance provider First Assist Legal Expenses for approximately £28m to Burford Capital.
Central snaps up Edinburgh brokers in £2.3m deal
Central Insurance has announced its second acquisition of the year following the takeover of Edinburgh-based Castle Cairn Insurance Brokers in a deal worth £2.3m.