Insurer
Insurers to face new government levy to educate customers
Insurers look set to face a new government levy after the coalition government published its new programme for government today, with aims to educate the public on financial services.
No clarification for insurers as banking reform announced
The coalition government has confirmed it will reform the regulation of the banking system, but failed to mention regulation of insurers in its programme for government published today.
AIA acquisition includes Thai bond risk
Prudential will take on $7.37bn of Thai sovereign debt in a deal to buy AIG’s Asian unit, according to a regulatory filing.
Henderson Insurance recruits to further expansion plans
Henderson Insurance has added to its staff, and confirmed plans to expand further from the Manchester office of recently-acquired subsidiary UK Credit Insurance Specialists.
QBE raids Allianz for new broker manager
QBE has appointed Judy Holt to the newly created role of manager, broker development, to support the continued expansion of QBE’s offering in the UK and Ireland.
BIBA 2010: Evolution ties up risk management deal
Evolution Underwriting Group has launched an initiative with the aim of providing its brokers and policyholders with exclusive deals on an online range of products from Cardinus Risk Management.
BIBA 2010: Lexicon exec hails insurance broker resilience
The insurance broking sector has performed at a “remarkable” level in the midst of economic turmoil by tackling cost bases to protect profit margins, a market analyst told panel members at a fringe event at the British Insurance Brokers' Association…
BIBA 2010: Insurers and brokers warned over "cancerous" credit hire issue
Delegates were warned yesterday that if the industry does not address the issue of credit hire, it will get even more “cancerous” and ultimately ruin the insurance industry’s reputation.
Ex-Aviva public affairs head urges Tory colleagues not to scrap IIWG
The former head of public affairs at Aviva and new Conservative MP Tracey Crouch, believes the Insurance Industry Working Group report should not simply be scrapped because of a change of government.
QBE raids Allianz for new broker manager
QBE has appointed Judy Holt to the newly created role of manager, broker development, to support the continued expansion of QBE’s offering in the UK and Ireland.
Groupama launches online PI offering
Groupama will target business from the major professional indemnity insurers after launching its first standalone PI product aimed at small to medium-sized enterprise businesses.
Post Magazine - 20 May 2010
Subscribers to Post can now read the latest edition online as a digital interactive e-book.
Quinn's CEO quits
Colin Morgan, chief executive office of Quinn Insurance, has decided to leave the company to pursue other opportunities.
Performance - Shareholder returns: Cut to the core
Jonathan Hughes examines the findings of recent analysis of insurer shareholder returns and finds that big is not necessarily better.
Omega sees Q1 GWP growth
(Re)insurer Omega Insurance Holdings has reported an 18% growth in GWP for the first quarter of 2010 to $124.5m (2009: $105.5m.)
Quinn's CEO quits
Colin Morgan, chief executive office of Quinn Insurance, has decided to leave the company to pursue other opportunities.
BIBA 2010: Hiscox launches commercial schemes team
As part of Hiscox's drive for profitable growth of its commercial book it has launched a dedicated schemes team.
Clear opens City office after F&L acquisition
Clear Insurance Management has opened a new office in the City of London as part of its growth plans.
MMA products via SSP
MMA is to make its master tradesman and offices and surgeries products available with SSP.
Quinn plan handed in
A new business plan for Quinn Insurance to re-open its commercial insurance lines in the UK was handed to the Financial Regulator last week.
BIBA 2010: Ecclesiastical launches online care and charity platform
Over half of British insurance brokers believe that using an online platform to trade with carriers will help them retain commercial insurance business that would otherwise go direct, according to a survey by Ecclesiastical.
BIBA 2010: Willis CEO questions FSA's "grandfathering" of Quinn
Willis chief executive Joe Plumeri has questioned the Financial Services Authority's role in the problems revolving around Quinn Insurance.
BIBA 2010: Open GI launches online quote and buy for SMEs
Open GI has launched Ebroker for Open Trader, a new online quote and buy solution the firm claims will enable brokers to sell SME products to clients via the web.