Insurer
Hancock starts AIG CEO role
As of yesterday, Peter Hancock assumed the role of president and CEO of AIG, and has joined AIG’s board of directors.
CIB partners with Aviva on affinity product
The Collinson Group's broking division CIB has partnered with Aviva to offer affinity home insurance to corporate partners.
Fracking touted as 'attractive source of business' for insurers
Fracking could be an attractive source of new business for insurers if rules and guidelines are closely adhered to, according to DAC Beachcroft.
Ageas joins Carrot’s motor underwriting panel
Ageas has joined the motor underwriting panel for broker Carrot Insurance’s telematics product.
Entry opportunities available as reinsurance market continues to soften
A softening reinsurance market is expected to continue to impact the reinsurance and Lloyd’s subsectors in 2015, according to a note published by Berenberg, which states that previous underperformance presents opportunities.
Pulp Fiction’s Harvey Keitel fronts Direct Line campaign
Hollywood star Harvey Keitel is leading a new advertising campaign for Direct Line, reprising his role from Quentin Tarantino’s Pulp Fiction.
Marsh appoints former RSA construction head
Marsh has appointed Mike Spencer to the role of senior global construction specialist.
Blog: Five benefits insurers could gain from the connected home
Post explores the main benefits insurers could derive from the connected home, if they play their cards right.
Blog: Giving something back
The role of insurers extends beyond simply helping their clients to contributing to the broader community, says RSA's Natalie Tickle
JLT Specialty to merge with Lloyd & Partners as broker eyes US expansion
Jardine Lloyd Thompson is to merge its JLT Specialty and Lloyd & Partners businesses as it primes for a new phase of growth in the US specialty area.
Charles Taylor posts 1.2% increase in H1 revenue despite drop in adjusting income
Professional services firm Charles Taylor posted revenue of £56.8m for the first six months of 2014, up 1.2% on the total reached in the first half of 2014.
Iceland Met office raises red volcano warning
The Iceland Meteorological Office has raised its aviation warning to red near the Bardarbunga volcano.
Hastings CEO Hoffman forecasts rising motor rates
Motor rates are likely increase over the next twelve months, barring any exceptional events, according to Hastings chief executive Gary Hoffman.
International: Insurers to the rescue - exposed computers in Latin America
Latin American companies and individuals are waking up to their cyber vulnerabilities - and as markets dictate, where there is demand, service must follow, say Alex Guillamont, director, and Andres Avila, associate lawyer at Kennedys Latin America &…
Ex-Arista liability boss cites market ambitions for Gresham switch
Managing general agent Gresham Underwriting has confirmed the appointment of Arista’s head of liability Tony Collman to the position of chief underwriting officer.
Canopius targets casualty in South Asia with Ace hire
Specialist (re)insurer Canopius has appointed Alan Law as regional casualty underwriter for its Singapore platform.
DLG names Dixons Carphone boss as non-exec
Direct Line Group has recruited the group chief executive of Dixons Carphone to serve as a non-executive director.
CEO Jansen and CFO Boland to leave the AA
The AA chief executive Chris Jansen has resigned from the board of the roadside assistance company “by mutual agreement”.
Aon and Amlin launch new product for estate owners
Aon Estates Practice, part of the broker's private client business, has launched an insurance solution for estate owners, in conjunction with Lloyd’s insurer Amlin.
Hastings sees 90% increase in Q2 pre-tax profit
UK motor specialist Hastings posted profit before tax of £17.1m for the second quarter of 2014, a 90% increase on the same period in 2013.
Insured disaster losses fall by $4bn in first six months of 2014
Total economic losses from natural catastrophes and man-made disasters reached $44bn (£26.5bn) in the first half of 2014, according to preliminary estimates from Swiss Re’s Sigma database.
ABI defers decision on Flood Re participation for independent Scotland
The Association of British Insurers has refused to rule out the possibility of an independent Scotland being excluded from the insurance industry backed Flood Re scheme.
Ageas Law awarded Lexcel accreditation
Ageas Law, the alternative business structure established by Ageas in April 2013, has been awarded Lexcel status by the Law Society.
Allianz promotes Lewis to Maidstone branch boss
Allianz Commercial has handed the reins of its Maidstone office to strategic account manager Jamie Lewis.