Insurer
HSBC insurance boss to step down
Clive Bannister will be replaced by Asia boss David Fried, according to Reuters.
FM Global to Commemorate 175th anniversary
Business property insurer FM Global is to host a year-long commemoration of its 175th anniversary in 2010.
Aviva and MIB wade into debate on "fronting" fraud
New research from the Motor Insurers' Bureau and Aviva reveals that more than two-thirds of UK drivers do not understand what it means to ‘front' an insurance policy.
Towergate boss Cullum hails John Charcol swoop as a "perfect fit"
"To have the leading high net worth mortgage broker in the group gives us a huge opportunity to provide mortgages to our high net worth customers and SME owners," he added.
Swiftcover warns "fronting" fraud has doubled in two years
An estimated 36 000 parents are committing fraud by illegally putting their sons and daughters down as a ‘spouse' or ‘partner' on their car insurance policy - a crime known as fronting according to Axa-owned firm.
UK General launches caravan product
UK General Insurance has launched a new online caravan policy through the Simple Insurance Brand, part of its consumer arm.
Generali GI premiums tipped to fall again
However, analyst KBW is looking for a slight improvement in sequential quarterly sales in life and expect sequential growth (4Q/3Q) of 9%, the first sequential growth since 1Q09 (3%).
Capita lands Sainsbury’s pet insurance claims role
Capita Insurance Distribution’s pet insurance division Thornside will handle sales fulfilment and claims handling on behalf of Sainsbury’s pet insurance partner Axa.
UBS, Goldman said to get AIA IPO roles
Investment banking giants UBS and Goldman Sachs have been appointed joint bookrunners for the IPO of AIG's life unit, AIA, the Financial Times has reported.
Arc reports upswing in run-off liabilities
A report by the Association of Run-off Companies and KPMG shows an increase of more than £8bn in UK non-life run-off market liabilities for 2009.
Commercial landlords warned over environmental liability
Cowens claims they could face claims for damages and be subjected to action from regulatory bodies for failing to address environmental safety, even if it is a tenant who is at fault.
View from the top - Lex Baugh: Is Jackson beneficial?
What are we to make of Lord Justice Jackson's proposals for civil litigation costs? Are they beneficial for the insurance industry? And what of the claimant?
New US health bill will regulate health insurers
Barack Obama's new health bill will regulate health insurers but seek to be more moderate in a number of other ways.
Select & Protect urges brokers to help homeowners cover gadgets
Select & Protect has urged brokers to help policyholders effectively cover their mobile phones, mp3 players and other gadgets under their household policies.
Biba 2010: professionalism focus
The British Insurance Brokers’ Association has confirmed its business focused seminar programme for its 2010 conference and exhibition to be held on 19-20 May. Post, Insurance Age and PB are the official media partners for the conference.
QBE appoints new Manchester property underwriter
QBE European Operations has appointed Simon Smith as property underwriter in its Manchester office.
Arista appoints new regional underwriting manager
Commercial lines underwriter Arista Insurance has promoted Anthony Foulds to regional underwriting manager for the South East.
Deutsche Bank to take on £3bn BMW longevity risks
Deutsche Bank is to take over the longevity risks of nearly £3bn of pension liabilities from BMW’s UK scheme in what will be the largest deal ever done in corporate longevity insurance in the UK.
Deutsche Bank to take on £3bn BMW longevity risks
Deutsche Bank is to take over the longevity risks of nearly £3bn of pension liabilities from BMW’s UK scheme in what will be the largest deal ever done in corporate longevity insurance in the UK.
More than half of skiers hit slopes without lessons
Research by Insure and Go shows that 54% of skiers and snowboarders hit the pistes without getting lessons.
Dai-ichi Life plans $11.7bn IPO
Dai-ichi Life aims to raise about Y1,070bn ($11.7bn) when it lists in Tokyo on April 1, in what would potentially be the largest initial public offering since Visa’s $19.7bn listing in 2008.
Madeira floods cause extensive damage
Violent flooding on Portuguese holiday island kills at least 42 with reports of major damage to buildings and transport infrastructure
Madeira floods cause extensive damage
Violent flooding on Portuguese holiday island kills at least 42 with reports of major damage to buildings and transport infrastructure
Bupa revamps trading platform
Bupa has launched an enhanced online trading system for intermediaries that sell its individual protection products.