Insurer
LeapFrog eyes further investments after RSA Thailand deal
Leapfrog Investment has around $400m (£265m) to spend on investments as it seeks out further stakes in Asian insurers.
Post Office creates 75 insurance jobs in Glasgow
Post Office Travel Insurance is to create 75 new jobs in Glasgow over the coming months with further jobs planned for later in the year.
Notable rate rises unlikely in 2015 despite hardening UK market
The soft UK insurance market has been tipped to harden in 2015, although there is still insufficient “pain” across the industry to spark material rate increases, according to sector commentators.
Environment agencies call for ‘immediate action’ with spate of flood warnings
The Environment Agency and the Scottish Environment Protection Agency have issued a dozen flood warnings across the UK as the country braces for further disruptive weather.
90% of 2013/14 winter flood and storm claimants satisfied with service
Nine out of ten customers that made a flood or storm claim last winter were satisfied with the way it was handled, according to a study by the General Insurance Market Research Association.
C-Suite - Insurer: Where have we gone wrong?
Managing customer outcomes must become equal in importance to financial performance and risk
Ex-Gallagher colleagues launch e-trading MGA Modus
A new managing general agent set up by three former Arthur J Gallagher colleagues focused on e-trading has opened for business.
Blog: Beyond the CMA - the future of credit hire?
Jeremy Lefebure, UK claims transformation lead at PWC, on why the industry needs to take the future of credit hire in to its own hands with an innovative alternative to the GTA portal.
XL's £2.79bn Catlin takeover confirmed
XL Group's acquisition of Lloyd's heavyweight Catlin has been confirmed in a note to the London Stock Exchange valuing Catlin at £2.79bn.
Insurers warned over SSL phoenix company as ex-staff hit out at former bosses
Former insurer clients of defunct loss adjusting firm SSL have been warned to avoid phoenix company Artemis amid criticism of the company directors’ business practices.
Absolute hires ex-Axa COO Carruthers as non-exec chairman
Former Axa commercial lines and personal intermediary chief operating officer Max Carruthers has joined the board of private investigation firm Absolute Partnership as non-executive chairman.
Chase Templeton acquires broker Best Health
Private medical insurer Chase Templeton has purchased Britsol-based broker Best Heath.
Acappella Holdings CEO confident of attracting' top talent'
Acappella Holdings CEO Jason Howard has said the platform’s combination of expertise and youth will allow it to attract "top underwriting talent".
Chase Templeton buys Best Health Business
Acquisitive medical insurer Chase Templeton has completed a deal to buy Bristol-based intermediary Best Health Business.
AIG's European CFO exits
AIG’s chief financial officer for EMEA Tom Colraine has retired after seven years with the company.
Climate: How does climate change cause food insecurity and conflict?
As weather patterns change and temperatures rise, issues such as climate-induced food insecurity are destined to become an increasingly important driver of conflict and social unrest
IUA boss Matcham welcomes TRIA renewal agreement
The International Underwriting Association has heralded the decision in the US to renew the Terrorism Risk Insurance Act as a means of reducing economic uncertainty.
60% of Asia-Pacific banks offer home insurance
Independent research shows life insurance is most popular bancasurrance product in Asia-Pacific across 17 countries.
UK insurance industry need not fear EU exit, says City minister
The UK’s insurance industry has little to fear from a potential European Union exit, according to economic secretary to the treasury Andrea Leadsom MP, who has also called for more evidence from the London market on its challenges.
CMA publishes draft order from motor market report
The Competition and Markets Authority is consulting on a draft order explaining how changes resulting from its investigation into the private motor insurance market will be introduced.
100mph+ winds forecast to batter Scotland
Winds of more than 100mph have been forecast for Scotland later this week, with the Western Isles, Orkney and the north and north-west of the country set to bear the brunt of the weather.
European insurers expected to continue bolt-on acquisitions in 2015
Dividends and capital returns are likely to remain the hot topic for the insurance industry over the next twelve months, according analysts at German investment bank Berenberg.
R&Q completes Norwegian portfolio transfer
Randall & Quilter has completed a portfolio transfer from Norway-domiciled captive Aker Insurance to R&Q's EU run-off consolidator in Malta.
Quinn sees legacy liabilities portfolio pass to Catalina
Catalina Holdings has reached an agreement with Quinn Insurance for the portfolio transfer of legacy insurance liabilities.