Insurer
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.
Canopius recruits from Delta Lloyd for renewable energy team
Canopius has unveiled a new renewable energy division following the recruitment of a team of specialists from Delta Lloyd.
Toscafund boosts shares in Quindell north of 5%
Hedge fund Toscafund has boosted its stake in beleaguered outsourcer Quindell to 5.4% of the share capital after purchasing an additional 1.9 million shares in the firm.
Soft reinsurance market fueled by low 2014 cat losses
Declining catastrophe losses in 2014 has been cited as a major factor behind the softening rating environment at the January renewal period, according to global reinsurance broking players.
Wang leaves Marsh for XL China aerospace role
XL is offering aerospace insurance in China and has appointed former broker Catherine Wang as an underwriter.
Former Axa marketing chief heads digital start-up
Matthias de Ferrieres has left his position as chief marketing officer, general insurance, Axa Asia to head up start-up Stark Group.
Gable stock price climbs 4% on takeover rumours
Rumours of an imminent takeover have boosted Liechtenstein-domiciled Gable’s share price in trading on the London Stock Exchange.
European insurers paid out £2bn per day through 2013
Insurers across Europe paid out an average of £2bn (€2.6bn) every day in claims and benefits through 2013, according to new figures from the European Insurance and Reinsurance Federation.
FOS forecasts fee freeze for 2015/16
The Financial Ombudsman Service has announced plans for a freeze on standard case fees and levies for 2015/16 as it lowers targets for overall income in a consultation document published today.
Norway's Gard on P&I cover for Hoegh Osaka
Norwegian insurer Gard has confirmed it is the P&I insurer for the Hoegh Osaka cargo ship that has run aground off the Isle of Wight.
Acappella launches at Lloyd's
Willis-funded Acappella Group Holdings has confirmed its launch as an insurance holdings company.
UK residents and businesses braced for 'hazardous weather'
The Met Office is warning members of the public and emergency responders of “severe or hazardous weather” ahead of the expected onslaught of a trans-Atlantic storm.