Insurer
Europe: Time to tune up D&O policies in Spain
XL Catlin's Estefania Taboada looks at the impact of new company governance rules on Spanish D&O policies.
Autoglass appoints new supply chain director
Embattled windscreen repairer Autoglass announced today (23 July) the appointment of Simon Blake as operations and supply chain director.
UK businesses report increased trade credit concerns
UK businesses are increasingly worried about their trading environment - with 22% of businesses saying their trade credit risk had increased over the past six months, QBE research has found.
Generali acquires My Drive Solutions
Generali has acquired My Drive Solutions, a UK firm specialising in the use of data analytics to profile driving styles.
Motor players warned to innovate amid development of driverless cars
The pressing need for the motor market to alter its business model has been highlighted by the Lloyd’s Market Association and Deutsche Bank this week in light of the ongoing development of driverless car technology.
Charles Taylor teams up with PE firm to buy major stake in software provider
Charles Taylor and global private equity firm The Riverside Company have collectively entered into an agreement to acquire a majority interest in the owner of Fadata AD, a specialist provider of software solutions to the global insurance industry.
Allied World's profits hammered in Q2 by catastrophes and investment losses
Allied World's after tax profits fell 94% to $9.5m (£6m) in the second quarter compared with the same period last year when profits hit $151.9m.
Walker begins Hong Kong QBE journey
Mark Walker, previously CEO of RSA Hong Kong, has started his role as CEO of QBE's Hong Kong operations.
Allied World hires from Starr to replace Cotter in Asia-Pacific
Allied World has hired Michael Garrison from Starr where he was senior vice president and chief underwriting officer.
Building Block to target networks for distribution in UK launch
Malta-domiciled business Building Block is to target a range of networks to distribute its products as part of a two-pronged business plan.
Robert Fletcher elected CII president
Robert Fletcher has been elected the 119th president of The Chartered Insurance Institute at its annual general meeting in London today, 22 July.
Co-op to launch new products in 2016 after IT overhaul
Cooperative Insurance Services has been “playing catch-up” after years of under-investing, but additional financing and the replatforming of its insurance business have laid the groundwork for product growth, according to the firm's director for product…
Malta business Building Block launches in UK
A Malta-domiciled insurance business offering guaranteed asset protection insurance has launched in the UK market.
Power hour: Building on growth
As the economy grows and building projects pick up, brokers in the North West are set to capitalise on a booming construction sector
Axa in talks to buy Genworth's lifestyle protection arm
Axa has entered into exclusive negotiations with Genworth Financial for the potential acquisition of its lifestyle protection insurance division for €475m (£332m).
Coordinated approach to drone regulation registers on IUA radar
A coordinated approach to the regulation of aviation drones is essential for the technology to thrive, the International Underwriting Association has claimed, amid rapidly expanding interest in the use of small unmanned aircraft systems.
South East storm claims contribute to £160m L&G payout in 2014
Legal & General paid out more than £160m in general insurance claims last year, with the insurer making upwards of 80,000 claims payments to customers who registered a household insurance or lifestyle cover claim.
Lloyd’s urges market to ‘dive in’ as it launches first diversity festival
Lloyd’s is to hold a festival from 29 September to 2 October to promote diversity and inclusion in the London market.
L&G predicts end of soft market after AA index results
Legal & General has suggested the AA Premium Index's second quarter 5% rise in motor premiums could signal the end of the soft market cycle in the general insurance market.
Charles Taylor COO Ely to take over from Clarke as adjusting CEO
Charles Taylor chief operating officer Damian Ely will take over from Arthur Clarke as CEO of Charles Taylor Adjusting on 1 January 2016 following the Clarke’s retirement on 31 December.
Exor adds $3 per share dividend to Partner Re bid
Italian investment firm Exor has added a $3 (£1.93) per-share dividend to its offer for Partner Re, in a move that casts further doubt on Partner Re's deal to merge with Axis Capital Holdings.
Sparks named as Generali Asia chief financial officer
Generali Asia has appointed Jenni Sparks as chief financial officer.
Hong Kong Insurance Awards: Entries close 31 July
The entry deadline for the Hong Kong Insurance Awards is the end of the month.
Home and motor policy prices rise in Q2, AA index finds
Average motor and home insurance premiums have risen during the second quarter of 2015, according to the AA's British insurance Premium Index.