Insurer
RDT reports 36% growth
RDT has reported a 36% year-on-year growth in turnover as it celebrates two decades of trading.
Insurance Insight weekly update live
Insurance Insight’s weekly update is live with an article on harmonising European compensation systems; and an article on the opportunities for brokers in the international PMI market.
US Solvency equivalence poll results
Find out what the market voted for on Solvency II equivalence in the US.
Compensation harmonisation across the EU
The European Union has a raft of measures to try and achieve harmonisation between member states but as Sarah Hamilton reports there is a long way to go in achieving a single compensation system.
International PMI: the brokers opportunity.
Many brokers fear branching out into unknown lines but Tim Mutton argues there is an excellent untapped opportunity for many European brokers in the international PMI market.
QBE launches travel product alongside RMCI
QBE has teamed up with yearabroadinsurance.com, a trading name of RMCI Insurance Brokers, to offer a new travel insurance product designed for students studying and working overseas.
Antares appoints new compliance chief
Lloyd’s insurance firm Antares has named Lucy Peake as its new compliance manager.
Half of UK’s brokers managing schemes
Schemes specialist insurer MMA has today revealed a new study that suggests a significant uptake in the number of brokers undertaking schemes work.
Phoney insurer stopped after Gibraltar regulator warning
The website of the alleged phoney car insurer Unique Car Insurance has been disabled after the Gibraltar Financial Services Commission warned the public the firm was not regulated as claimed.
Willis develops nuclear exclusion risk cover
Willis Group Holdings has developed insurance to cover business interruption costs for companies with key locations, suppliers or customers situated in the vicinity of a nuclear power station.
Polish insurer PZU sees profits rise after restructure
PZU SA, Poland’s largest insurer has posted profits up 33% after major restructuring.
Swiss insurance market remains stable
Fitch Ratings has said its sector rating outlooks for the Swiss life and non-life insurance sectors remain stable, despite the challenges of financial market turbulence and low interest rates.
Grant Ellis joins Prince's Trust Insurance Leadership Group
Broker Network and Countrywide Insurance Marketing chairman Grant Ellis is to join the committee of The Prince’s Trust Insurance Leadership Group.
Irish insurer FBD reports a return to profitability
Irish insurer FBD has reported pre-tax profits of €20.5m for the six months ended 30 June 2011.
AM Best affirms Caisse Centrale de Réassurance ratings
AM Best has affirmed the financial strength rating of A++ (Superior) and issuer credit rating of “aa+” of Caisse Centrale de Réassurance (CCR) (France).
Columbus launches German website
Travel insurer Columbus Direct is taking its low cost travel products into the German market with a German website.
Ageas makes changes to group executive committee
Ageas has appointed Christophe Boizard as member of the group executive committee and as Chief Financial Officer with effect from 5 September 2011.
Columbus announces German expansion
Columbus Direct, part of the Collinson Insurance Group, is to expand its range of low cost travel products into the German market.
GCube increases capacity to $680m for wind and solar projects
GCube has increased its underwriting capacity to $680m for wind energy and solar projects worldwide.
New recruit for event and contingency insurance firm
Phillip Eaglestone has joined Heartland Events to assist with the development of its event insurance business.
IAG remains disappointed by UK performance
“Disappointing” was the word repeatedly used by Australian giant IAG about its struggling UK business, dominated by Equity Red Star at Lloyd’s that has been ravaged by bodily injury claims.
Website review: Cornhill Direct
In the latest of its ongoing series, web performance specialist Gomez looks at Cornhill Direct’s website.
Editor’s comment: A heavy downpour
It never rains but it pours. Cliche that may be but it’s one that works on multiple levels across the insurance industry this week.