Insurer
Ace makes leadership changes in Asia-Pacific
Damien Sullivan is to be promoted from the president of Ace's Asia-Pacific region to chairman from 1 September.
Allianz to replace RSA in Ford insurance partnership
Allianz has closed a deal with Ford to become its UK partner for its branded motor insurance.
£25m annual savings touted after bus crash ruling
A Court of Appeal ruling is expected to save the motor insurance industry from bearing the brunt of bus operators’ overheads in the event of a claim, according to an insurance law firm.
Adjuster panel review to deliver 'greater choice', claims Aviva
Aviva is confident its decision to reduce the roles of Cunningham Lindsey and Crawford on its loss adjuster panels will “deliver greater flexibility and choice“ to brokers.
Homeserve hires BT's CFO
Homeserve Membership has appointed Helen Miles as chief financial officer.
Treatment of G-SIIs must reflect differences between banking and insurance
The up-coming regulation around global systemically important insurers must reflect the fundamental differences between banking and insurance, Deloitte has said.
G-SII determination to impact credit rates
Insurers included on the Financial Stability Board's list of global systemically important insurers could see a modest improvement in their credit profiles due to the higher risk and capital management standards imposed on them, Fitch Ratings said.
Axa appoints RSA’s Owen Shelley to Midlands role
Axa has named Owen Shelley as its senior mid-corp development underwriter.
Double compensation rule thwarts Silverstein's bid for WTC payout
World Trade Centre developer Larry Silverstein has failed in his bid to recover billions of dollars from the airlines whose planes were used in the 11 September 2001 terrorist attacks.
Allianz denies it represents a systemic risk
Allianz has accepted the Financial Stability Board’s decision to name it as a global systemically important insurer but has denied it poses a systemic risk.
Insurance Europe questions methodology used to create list of G-SIIs
Insurance Europe has questioned the methodology used to create the list of insurers identified as potentially posing systemic risk to the financial system saying it has not been sufficiently tailored to the insurance business model.
Wrong methodology used to create list of G-SIIs – Insurance Europe
The methodology used to create the list of insurers identified as potentially posing systemic risk to the financial system has not been sufficiently tailored to the insurance business model, Insurance Europe has said.
Generali accepts G-SII designation
Italian insurer Generali has acknowledged its designation as a global systemically important insurer by the Financial Stability Board.
Aviva, Allianz and Axa named as global systemically important insurers
The Financial Stability Board has published the list of global systemically important insurers with views to developing a policy framework to address the risks these firms they are thought to present.
Cunningham and Crawford roles cut following Aviva adjuster panel review
Aviva has reduced the roles of the UK’s two largest loss adjusters Cunningham Lindsey and Crawford on its commercial and specialist property adjuster panels - making room for more smaller firms - in response to broker feedback.
Post Blog: The anatomy of an opportunist
What does the typical non-organised household insurance fraudster look like and what steps should the industry be taking to stop them? Sally Griffiths investigates.
Lum appointed to Beazley Asia-Pacific role
Beazley has internally filled its political risks and trade credit underwriter role for Asia-Pacific, appointing Michael Lum.
Chinese insurers to trade in government bond futures
The Chinese Insurance Regulatory Commission has given approval to insurers to trade in government bond futures.
QBE Europe appoints Zurich’s Joe Gordon as COO
Joe Gordon has been appointed chief operations officer at QBE European Operations.
Zurich’s Joe Gordon new QBE Europe COO
QBE European Operations has appointed Joe Gordon as chief operations officer.
Bruce focusing on consultancy after short-lived RSA role
RSA has confirmed the departure of former distribution manager Cathie Bruce, four months after she left the firm on a “mutually agreed” basis.
ABI welcomes elderly care scheme
The Association of British Insurers has welcomed a scheme to cap the cost of care and support at £72 000 from 2016, with funding coming from the Treasury.
Beazley appoints Michael Lum to Asia Pacific role
Beazley has internally filled its political risks and trade credit underwriter role, appointing Michael Lum.
E-trading boss Thornton to leave NIG
NIG's director of e-trading is set to leave the Direct Line Group-owned business in October, Post can reveal.