Insurer
Amlin Singapore launches P&I business with Raets Marine
Amlin Singapore has launched a shipowners’ protection and indemnity (marine liability) business and local charterers’ liability insurance in Singapore, in conjunction with Raets Marine.
Scottish Future: A significant milestone
The debate on Scottish independence passed a significant milestone on 26 November, when the Scottish Government published its Guide to an Independent Scotland.
Your say: What has changed?
I’d like to add my thoughts to the recent debate regarding an apparent new found hesitance among insurers when instructing investigators and particularly surveillance experts.
Willis predicts unprofitable airlines market by 2015 as soft market continues
Unprecedented levels of competition, growth in exposures and low loss levels are driving premium reductions for insurance buyers during the busy airline renewal season according Willis Group Holdings.
Ecclesiastical appoints Jamie McNab as group casualty underwriter
Ecclesiastical has appointed QBE’s Jamie McNab as group casualty underwriter.
Hampden Underwriting acquisitions increase underwriting capacity to £20.2m
Hampden Underwriting has acquired two further Lloyd’s limited liability members taking its total underwriting capacity to £20.2m.
DAS calls for transparency on add-ons in response to CC report
Legal expenses provider DAS has called for greater transparency of the value for money add-on products can offer customers in the wake of the Competition Commission report into private motor insurance released this month.
Ex-Garwyn chief Niemczewski moves to Tawa
Former Garwyn chief executive Artur Niemczewski has been appointed CEO of Tawa's restructured service business.
GC Securities selected as sole financial advisor for Canopius sale
Guy Carpenter’s GC Securities is acting as the sole financial advisor to the shareholders of Canopius in the sale to NKSJ Holdings, through its insurance subsidiary Sompo Japan Insurance.
Allianz mulling over Supreme Court subrogation appeal
Allianz says an appeal to the Supreme Court is “more than likely” following the dismissal of its RSA subrogation appeal.
L&G invests £159m in infrastructure
Legal & General has invested £159m in acquiring 13 care homes and the building of the new Royal Liverpool University Hospital.
Allianz and Covéa subrogation appeal against RSA dismissed
An appeal from Allianz and Covéa against last year’s High Court RSA subrogation verdict has been dismissed by the Court of Appeal this morning.
Hiscox given green light for York office
Hiscox was granted full planning approval for its proposed York headquarters at a council meeting last night.
MetLife expands in Malaysia
MetLife has reached an agreement with Malaysia's AMMB Holdings, which owns the fifth largest bank in Malaysia, to form a strategic partnership involving AmLife Insurance Berhad and AmFamily Takaful Berhad.
Ex-Brightside boss Banks launches van insurance brand Footprint
Former Brightside chief executive Arron Banks has launched specialist standard and non-standard van insurance brand Footprint Insurance, having enrolled an experienced management team led by Lance Testa.
Young driver green paper publication unlikely before 2014
The Department for Transport has said it will not be releasing its green paper on young driver safety until it has reconciled improving safety without restricting young people’s freedom.
Govt and ABI yet to finalise details on leaders programme, Javid says
Financial secretary to the Treasury Sajid Javid said the government is yet to sort out the details around working with the Association of British Insurers on its future leaders programme as part of the UK insurance growth action plan.
UK General prepares for 2014 schemes growth with three hires
UK General has made a trio of appointments to broaden the scope and knowledge of its schemes division, in anticipation of a period of expansion.
Aviva sets aside £500m for investment as insurance growth plan is launched
Aviva has pinpointed £500m for investment in UK infrastructure following a pledge with five other life insurers to pump £25bn into major projects as part of the government’s national infrastructure plan.
Bupa unveils new chief internal auditor
Healthcare company Bupa has appointed David Fletcher as chief internal auditor.
Bassett finds new home at OIM Underwriting
OIM Underwriting has appointed Faraday’s Nicola Bassett to the newly created role of claims director.
Further storms predicted next week as insurers remain vigilant
Insurers have been warned that much of the UK will be impacted by storms that are set to wreak havoc on homeowners and commuters next week.
Europe: Ecall opportunities
What does the long-anticipated road safety initiative Ecall – set to be introduced across the EU in October 2015 – mean for the insurance industry?
Ageas’ Watson becomes chairman of ABI motor committee
Ageas UK chief executive Andy Watson has been appointed chairman of the Association of British Insurers’ motor technical committee.