Insurer
Ink hires ex-Towergate consultant Palmer as commercial director
Ink Insurance has appointed former Towergate sales development consultant Julian Palmer as commercial director at the Giles subsidiary.
IPipeline hires Greenberg to build Apac presence
Insurance processing solutions provider iPipeline has appointed Paul Greenberg as country manager for Japan and Asia Pacific.
Allianz to underwrite 'superfast' mobile network EE
Allianz and mobile phone insurance provider Lifestyle Services Group have signed a contract to provide mobile device insurance services to 4G network provider EE.
Munich Re: Sandy to drive up property insurance prices
Munich Re's reinsurance operation produced a Q3 operating result of €1.2bn (Q3 2011: €665m) and premium income of €7.5bn (Q3 2011: €6.5bn).
Munich Re estimates Sandy losses close to £400m
Munich Re has estimated its share of the losses from superstorm Sandy at the "mid three-digit million" euro range, despite the high number of individual losses making it difficult to assess the extent of the damage.
Groupama takeover to add extra boost to 'record' Ageas profits
Ageas chief executive Barry Smith is confident that the addition of Groupama insurance activities will add further clout to performance, following nine months in which the firm's profit before tax and minority interests rose by 36.4%.
Second storm system set to hit New Jersey and New York
More US east coast disruption expected to hamper recovery efforts following superstorm Sandy.
Solvency II regulators must be more empathetic, KMPG says
Consultancy firm KPMG has outlined a series of measures that could be adopted to promote a more "robust" Solvency II framework and please regulators and businesss.
Ace chairman: Innovation and collaboration key to future London insurance market success
London's insurance industry must avoid complacency and reinforce its position as the global centre for insurance through innovation, collaboration and recognition of the shift towards emerging markets, according to Andrew Kendrick.
Dual launches general liability division with Brit hires
International underwriting agency Dual has formed a new division to underwrite specialty liability business as part of the continued expansion of its product range.
Dual launches general liability division
Dual will write speciality liability business from a new division led by John Murphy.
Biba to discuss introduction of code of conduct for members
Brokers across the country could soon be expected to comply with an official British Insurance Brokers' Association code of conduct.
Top five European news stories
The top five news stories from www.insuranceinsight.com over the past seven days.
India-based GI insurers see rise in premiums
General insurance companies in India have seen an 18.6% rise in premiums in the current financial year.
Swiss Re obtains hurricane and mortality risks in industry first
Swiss Re has obtained $200m in coverage against North Atlantic hurricane and UK extreme mortality risk through its Mythen Re programme.
Antares names energy underwriter
Lloyd's insurer Antares has appointed Jim Lye as energy underwriter with immediate effect.
XL results 'a step in the right direction'
XL has published promising third-quarter results, but CEO Mike McGavick has admitted that the fallout from superstorm Sandy is still unknown.
Ace Europe head criticises London market's 'lack of vision'
London's insurance industry must avoid complacency and reinforce its position as the global insurance centre through innovation, collaboration and recognition of the shift towards emerging markets, the chairman of Ace European Group said today.
LMA seeks clarity over impact of sanctions on marine fuel oil
The Lloyd's Market Association has sought reassurances from the UK government after concerns that insurers could fall foul of EU sanctions by insuring vessels that have inadvertently taken on Iranian oil as fuel.
Swiss Re places bonds to combine nat cat and mortality risks
Swiss Re has obtained $200m in coverage against North Atlantic hurricane and UK extreme mortality risk through its new Mythen Re programme.
Lancashire launches Saltire sidecar
Bermudian insurer and reinsurer Lancashire Holdings is to create a new sidecar, Saltire Re I.
Helphire engaging with DLG and RSA on Autofocus evidence
Helphire has indicated that a number of insurers are keen to reach settlements with the firm over the use of "dishonest" Autofocus evidence as the company reaches a deal with RSA and Direct Line Group on access to information on the rate surveyor.
Former Cobra underwriter joins Aro
Aro Underwriting has appointed Steve Lewzey, pictured, as senior underwriter, responsible for underwriting and developing the company's commercial combined product.