Insurer
Novae names Chevereau as manager of Bermudian operation
Lloyd’s insurer Novae Group intends to launch operations as a group reinsurer of, and coverholder for, Syndicate 2007 at Lloyd’s in Bermuda.
Insurance NEDs to benefit from online information bank
The Worshipful Company of Insurers is seeking to tackle the rising demand for qualified non-executive directors in the insurance industry by launching a web-based information bank free to existing or potential NEDs.
Gibraltar to become broadened domicile option after publishing ILS guidelines
The Gibraltarian government has welcomed the publication of the insurance linked securities guidelines by Gibraltar's financial regulator the Financial Services Commission.
GAB CEO Rigby hails 2013 as 'watershed' after pension 'distraction'
GAB Robins chief executive Kieran Rigby has described 2013 as a “watershed” year for the business as it released its first financial results since its pension scheme was accepted into an assessment period for admission into the Pension Protection Fund.
Rehabilitation Awards 2014: The winners
Today, rehabilitation professionals gathered at Le Meridien, London, for the tenth annual Post Rehabilitation First Awards to celebrate their achievements over the past year.
MIB extends shifts to 3am to step up support for police
The Motor Insurers’ Bureau has extended the operational hours of its dedicated police helpline in a bid to step up the offensive against uninsured motorists and deliver better support for roads policing teams across the UK.
Pet Plan revamps friend referral scheme with Digital Animal partnership
Pet Plan has partnered with technology business Digital Animal on a social media marketing campaign to replace its manual "recommend-a-friend" scheme.
Investing for the long-term
Can taking a long-term viewpoint on business planning set you apart from the competition? Davies Group's Darren Coombes thinks so
Hiscox appoints Krefta to Syndicate 33
Hiscox Re chief underwriting officer Michael Krefta has been appointed joint active underwriter for Syndicate 33 and active underwriter for Syndicate 6104.
Lloyds Bank hires BAML's Braithwaite to lead institutional insurance
Lloyds Bank Commercial Banking has appointed Gareth Braithwaite from Bank of America Merrill Lynch to head up the institutional insurance team within its financial institutions division.
Montague to head Aviva board from April 2015
Sir Adrian Montague is to take over as non-executive chairman of Aviva after the retirement of John McFarlane in April 2015.
Skuld reports record H1 contingency reserves
Norwegian marine insurer Skuld has reported record contingency reserves of $354m (£217.7m) for the first half of the year.
ABI data finds 84 000 bodily injury claims settled in Q2
There were around 84 000 bodily injury claims settled in Q2 2014, according to new data from the Association of British Insurers.
RSA claims boss Pitt departs ahead of October start date at Esure
RSA UK and Western Europe claims director David Pitt will leave the insurer this week ahead of taking on the role of chief operating officer at Esure next month.
Europe: Promising economic outlook in Eastern Europe brings opportunities to flexible insurers
The current environment in central and Eastern Europe represents a unique opportunity for insurers and insurance brokers.
Weather index MGA to target brokers after securing capacity
The first UK-flagged weather index coverholder is targeting a range of smaller broking partners after securing underwriting capacity from a panel of market players.
Ageas signs five year partnership extension with Toyota
Ageas and Aioi Nissay Dowa Insurance Company of Europe have announced a new five year deal regarding the provision of insurance to Toyota’s 1.3 million UK Toyota and Lexus customers.
Gable sees 43% H1 GWP leap
Gable Holdings has reported a 43% increase in gross written premiums for the six months ended 30 June 2014 to £39m (H1 2013: £27.3m).
Gable partners with Iprism on £100m UK agreement
Lichtenstein-based insurer Gable has partnered with Iprism Underwriting Agency to write commercial business in the UK market.
XL transfers kidnap and ransom underwriter to Asia
XL Group has transferred kidnap and ransom underwriter Alex Smith to Hong Kong to establish a kidnap and ransom capability in Asia.
Conservative peer awarded top EC finance brief
Conservative peer Jonathan Hill, a former PR man and education minister, has been appointed as the new European commissioner for financial stability and regulation.
Sportscover enters strategic talks with Hamilton Insurance Group
Lloyd's insurer Sportscover and Bermuda-based property and casualty insurer Hamilton Insurance Group have entered into exclusive talks around the future control of Sportscover Underwriting.
Three quarters of professionals undervalue property and possessions
Three-quarters of professionals risk losing thousands of pounds when making claims on their home insurance policy because they have underestimated the value of their property and possessions, according to research by financial advisory service Wesleyan.
Hiscox looks to RSA for partnerships hire
Hiscox has appointed RSA's Robert Moore as its UK direct and intermediated partnerships head.