Insurer
AGCS recruits HDI Gerling chief executive
Allianz Global Corporate & Specialty has appointed Patrick Thiels to lead the industrial insurer's new Mediterranean region.
Esure founder could quit Britain
Esure founder Peter Wood, pictured, is considering relocating to Jersey to escape the UK's tax burden.
Legal & General reshuffles overseas business
Legal & General has reorganised its international business, with overseas chief executive Gareth Hoskins taking early retirement and two directors sharing his responsibilities.
Xchanging unveils Xuber brand
Xchanging has upgraded the tools and products in its insurance software operation, which will now operate under the name Xuber, following £20m of investment by the group.
Loss assessor jailed after Zurich uncovers claims 'conspiracy'
A Liverpool-based loss assessor was jailed yesterday for 18 months for conspiracy to commit fraud by false representation.
Insuralex elects New York member
International lawyers group Insuralex has added New York practice Kissel Hirsch & Wilmer to its members.
QBE shuts Reading office amid restructure
QBE is closing its Reading office as part of a reorganisation of the firm's south of England operations.
CII welcomes FCA clamp down on 'poor' business behaviour
The Chartered Insurance Institute has said it looks forward to the Financial Conduct Authority "punishing poor and unethical behaviour" as the new body launched a consultation paper on how it will operate.
Capital remains strong for Europe's primary insurers, says AM Best
The Eurozone crisis continues to be among the most significant challenges facing insurers, although capital is strong for the European primary insurance market, according to a new report from ratings agency AM Best.
Generali Deutschland implements automated ERM platform for compliance
Generali Deutschland is using an automated workflow enterprise risk management solution for reporting and compliance activities.
ABI welcomes consumer-led FCA approach
The Association of British Insurers has backed Financial Conduct Authority boss Martin Wheatley's plans for consumer-focused regulation.
UK non-life market needs rates focus, says AM Best
Weak economic activity, stubbornly soft rates and European financial perils are generating serious concerns about the UK non-life market, AM Best has said.
LAS unveils household claims debit card
LAS Claims Management has launched a pre-paid debit card scheme in a bid to offer "significantly increased choice and flexibility in settling household claims".
ING makes board appointments for Insurance/IM EurAsia
ING has added Delfin Rueda and Dorothee van Vredenburch to the management board of Insurance EurAsia.
Wheatley unveils new regulation agenda
Martin Wheatley, incoming chief executive of the Financial Conduct Authority, aims to "reset" how the regulator works with financial firms and address "cross-industry issues" when it replaces the Financial Services Authority next year.
EU extends Iran sanctions to natural gas
The European Union has bolstered sanctions against Iran, including banning the importing of natural gas from the country owing to a "lack of progress in nuclear talks".
RSA names UK commercial finance head
Global insurer RSA has appointed Mark Laughton as finance director for UK commercial business.
DLG shares enter unconditional trading
Direct Line Group's share capital of 1.5 billion shares has been admitted to the official list of the UK Listing Authority today.
Proposal to remove tax insurance check branded 'absurd'
The AA has critcised the Driver and Vehicle Licensing Agency's proposal to remove the insurance check when car owners apply for a tax disc.
Ergo to cut 600 jobs over three years
German insurer Ergo Versicherungsgruppe, a unit of reinsurer Munich Re AG, will cut 200 back-office positions every year for the next three years.
UK GI market under pressure to focus on pricing
Market conditions for UK non-life insurers remain challenging as the difficult economic environment curbs demand for cover and insurers can no longer rely on reserve releases to improve profitability.
Groupama appoints household development underwriter
Groupama Insurances has appointed Kirsty Williams in a bid to target niche markets.
Liberty Syndicates adds to specialty products team
Liberty Syndicates has appointed Susan Barber to manage and build on its personal accident and pecuniary lines treaty portfolios in the Lloyd's market, part of its specialty products underwriting division.
Tesco Underwriting inks windscreens deal
National Windscreens has signed a deal to serve as Tesco Underwriting's preferred glass repair and replacement supplier.